Finance

Airbnb says first-quarter revenue rose 5% as vacationers return to travel

In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb said revenue increased 5% in the first quarter, beating analysts’ estimates, as the rapid pace of vaccinations led to more travel. The company’s net loss tripled because of debt repayments and restructuring […]

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Disney misses on subscriber expectations, parks revenue still hurt by Covid restrictions

In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney is set to report fiscal second-quarter earnings after the bell on Thursday. Here are the key numbers: Earnings per

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Poshmark shares fall as secondhand retailer posts wider loss, forecasts weaker sales

In this article POSH Rafael Henrique | LightRocket | Getty Images Poshmark on Wednesday reported first-quarter revenue growth of 42%, as consumers turned to the secondhand site to refresh their wardrobes without breaking the bank. “There’s a real meaningful shift as people are preparing for reopening,” said Manish Chandra, founder and Chief Executive, in a

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Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test

Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month. “Timing of next flight test

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Roblox revenue grows 140% in first earnings report since company went public

In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose more than 5 percent in after-hours trading, following the release of its first earnings report since going public in a direct listing in

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