Angela Palumbo

New York

Articles

Pinterest Shows Strength In Uncertain Advertising Market

4 days ago | barrons.com | Angela Palumbo

Pinterest stock was climbing after the photo sharing platform gave better-than-expected revenue guidance despite continued uncertainty in advertising.
Cloudflare Stock Jumps After Earnings. This Analyst Is Still on the Sidelines.

5 days ago | finance.yahoo.com | Angela Palumbo

Cloudflare stock jumped Friday after the internet security company said it landed its largest contract ever, but not all analysts are convinced now is the time to buy. Cloudflare reported first-quarter adjusted earnings of 16 cents a share after the stock market closed Thursday, which was in-line with analyst estimates, according to FactSet. Revenue for the quarter of $479.1 million beat Wall Street estimates of $469.3 million.
DraftKings Took a Hit on March Madness. Why the Gambling Stock Is Up.

5 days ago | barrons.com | Angela Palumbo

DraftKings stock was climbing Friday as investors decided to keep betting on the gambling stock despite a mixed first quarter. DraftKings reported a loss of 7 cents a share after the stock market closed on Thursday. That was in line with the consensus call among analysts tracked by FactSet, but revenue came in at $1.41 billion, falling short of expectations for $1.43 billion. “Sport outcomes were once again customer-friendly in the first quarter,” management said in a letter to shareholders.
DraftKings Took a Hit on March Madness. Why the Gambling Stock Is Up.

5 days ago | barrons.com | Angela Palumbo

DraftKings stock was climbing Friday as investors decided to keep betting on the gambling stock despite a mixed first quarter.
DraftKings Took a Hit on March Madness. Investors Are Still Betting on the Stock.

5 days ago | finance.yahoo.com | Angela Palumbo

DraftKings stock was climbing Friday as investors decided to keep betting on the gambling stock despite a mixed first quarter. DraftKings reported a loss of 7 cents a share after the stock market closed on Thursday. Customers won big during the March Madness basketball tournament.
Paramount Earnings Beat Wall Street Estimates. The Stock Isn’t Budging.

5 days ago | barrons.com | Angela Palumbo

Updated May 09, 2025, 5:04 am EDT / Original May 08, 2025, 4:16 pm EDT
Google Stock Sinks on Apple Comments That AI Is Proving Threat to Search

6 days ago | barrons.com | Angela Palumbo

Alphabet stock fell sharply after Bloomberg reported that an Apple executive’s testimony pointed to artificial intelligence taking market share from traditional search.
DoorDash Stock Is Dropping After Earnings. These Deals May Be to Blame.

1 week ago | barrons.com | Angela Palumbo

DoorDash stock was tumbling Tuesday after the food-delivery company reported mixed first-quarter financial results and announced two acquisitions. DoorDash reported first-quarter adjusted earnings of 44 cents a share, while the consensus forecast among analysts tracked by FactSet was for 39 cents. The profit marked a turnaround from a loss of 6 cents a share in the same period last year.
AMC Earnings: Box Office Performance Lowest Since 1996

1 week ago | barrons.com | Angela Palumbo

AMC Entertainment Holdings reported a smaller-than-expected first-quarter loss on Wednesday as the box office struggles to gain momentum. AMC reported a first-quarter adjusted loss of 58 cents a share on revenue of $862.5 million. Analysts surveyed by FactSet expected the company to post a first-quarter loss of 59 cents a share on revenue of $837 million. In the same period last year, AMC posted a loss of 78 cents a share on revenue of $951.4 million.
Alphabet Stock Sinks on Apple Testimony About Falling Search Queries

1 week ago | finance.yahoo.com | Angela Palumbo

An Apple executive testified that Google searches in Apple browsers fell for the first time as people turn to AI for their search queries, according to Bloomberg.