Stocks moving in after hours: Lyft, Expedia PayPal
source link: https://finance.yahoo.com/video/stocks-moving-hours-lyft-expedia-220243380.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Stocks moving in after hours: Lyft, Expedia PayPal
Stocks moving in after hours: Lyft, Expedia PayPal
Yahoo Finance Live anchor Seana Smith checks out several stocks trending in the after-hours trading session.
-
Stocks moving in after hours: Lyft, Expedia PayPal
-
Lyft is making 'progress towards profitability, but it’s slow progress’: Analyst
-
NFL star J.J. Watt talks Super Bowl picks, family, retirement opportunities
-
Newell Brands set to report Q4 earnings ahead of Friday’s closing bell
-
President Biden ‘ought to be proud’ of manufacturing job growth: NAM CEO
-
PayPal has developed into ‘an ecosystem of digital banking’ for consumers, merchants: Analyst
-
Lyft stock continues to slide following earnings miss, weakened revenue guidance
-
Are A.I. trends more than just a fad amid the rise of ChatGPT, Google Bard?
-
Lucid set to pay $7,500 credit to customers for high-end EV models
-
Stocks move lower, Nasdaq leaders mixed ahead of the closing bell
-
Amazon releases trailer for Nike’s Air Jordan biopic
-
Traditional news cycles were focused on ‘red and blue, and nobody was focused on Black’: REVOLT CEO
-
Canopy Growth stock dives on earnings miss, restructuring plan
Yahoo Finance Live anchor Seana Smith checks out several stocks trending in the after-hours trading session.
Video Transcript
SEANA SMITH: All right, three stocks we're watching here in after-hours. We've got Lyft, Expedia, and PayPal. Let's kick it off with Lyft because we're looking at losses of nearly 25% in extended trading. The company's Q1 revenue guidance coming in a bit light. Fourth quarter, though, the numbers were pretty decent. Revenue up just about 21%, $1.18 billion. That was better than what the Street was looking for. Active riders, about 20.36 million, up 8.7%. But year to date, we're already looking at gains of nearly 50% in the stock, so a slight disappointment. Could be a huge move to the downside. That's clearly what we are seeing here in after-hours.
Moving over to PayPal, that stock up just about 1% here, up about 1.3% in extended trading. The company beating the Street's expectations when it comes to EPS. Also their full year earnings guidance, adjusted EPS guidance was also better than expected. CEO Dan Schulman, he is planning to retire from the company at the end of the year. We just heard from an analyst that maybe that was a result of Elliott Management's involvement with PayPal. Year to date, you're looking at a pop of just about 10% over the past year. Certainly a different story with the stock off about 36%.
And moving on to Expedia, that stock off slightly here in extended trading, off just about a quarter of a percent. Revenue and EPS missing the Street's expectations. Fourth quarter gross bookings also coming in a bit light at 20.15 billion. Now why did they miss? The company actually is blaming it on weather. And they're saying that disruption is not going to be an issue going forward. Maybe that's why we're not seeing more of a reaction in the stock after-hours. Over the past year, though, certainly has been a tough go at it for this company, with shares off just about 40%. Dave.
- Zacks
Cloudflare Earnings Preview: Time to Sell the Rally?
Born from an open source project designed to eliminate email spam, Cloudflare today is one of the largest networks in the world and is used by an estimated 20% of the entire internet
1d ago - Investor's Business Daily
Cloudflare Climbs As Earnings Top Views Amid Strong Revenue Outlook
Cloudflare reported earnings and revenue that edged by Wall Street targets. The company's revenue outlook came in above expectations.
5h ago - MarketWatch
Expedia shares tumble as Q4 results miss, as travel demand runs into harsh weather
Expedia Group Inc. sank after hours on Thursday after the online travel-booking platform reported fourth-quarter results that missed expectations.
6h ago - MarketWatch
Lyft stock sinks 30% after sales outlook falls short of $1 billion
Lyft posted record revenue for a second consecutive quarter Thursday, but the company's worse-than-expected forecast tanked its stock in extended trading.
5h ago - Zacks
PayPal (PYPL) Q4 Earnings to Benefit From Portfolio Strength
PayPal's (PYPL) fourth-quarter results are expected to reflect gains from strength across its robust product and services portfolio.
2d ago - Skift
Expedia Sees Tech Grunt Work Paying Off in 2023
Corporate turnarounds aren't pretty, and require fortitude. Expedia expects big things in 2023, but Vrbo's tech migration will be part of the ongoing challenge.
4h ago - TheStreet.com
Elon Musk Responds to 'Big Short' Michael Burry's Warnings
The billionaire, like many retail investors, closely follows the warnings of the legendary investor.
7h ago - Yahoo Finance
Tesla stock rally a 'short covering for the ages,' analyst says
Here's what's behind the move in Tesla stock.
8h ago - Bloomberg
Tesla Semi Skepticism Lingers Months After Musk’s First Delivery
(Bloomberg) -- Most Read from BloombergRussia Blames US for Nord Stream Blasts, Threatens ConsequencesCommodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel FraudUS Makes Case That Chinese Balloon Was Part of Spying ProgramUS Takes Custody of Venezuela Embassy in Wake of Guaidó VoteRheinmetall in Talks to Supply Ukraine With Panther Battle TanksElon Musk has long relished trolling those who’ve doubted him and Tesla.In 2018, he vowed to send “short shorts” to hedge fund manage
10h ago - MarketWatch
‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?
This promise was made via a signed promissory note, and the return was less than the annual return I had been experiencing years before. The question I have is twofold: What’s the best way to mend and repair the relationships with friends and family, and to what extent could I be faced with punitive legal action? Promissory notes are typically used in real estate, automobile, college and/or personal loans.
2d ago - 2d ago
- SmartAsset
Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.
14h ago - MarketWatch
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety.
1d ago - CBS MoneyWatch
IRS tells taxpayers in 22 states to hold off on tax filing
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
13h ago - Reuters
Yahoo to lay off more than 20% of staff
The cuts will impact nearly 50% of Yahoo's ad tech employees by the end of this year, including nearly 1,000 employees this week, the company said. Yahoo, which is owned by private equity firm Apollo Global Management since a $5 billion buyout in 2021, added that the move would enable the company to narrow its focus and investment on its flagship ad business called DSP, or demand-side platform. This comes as many advertisers have pared back their marketing budgets in response to record-high inflation rates and continued uncertainty about a recession.
9h ago - Barrons.com
Coinbase CEO Warns of ‘Staking’ Crackdown. The Stock Is Tumbling.
Brian Armstrong said on Wednesday that he was aware of rumors that the SEC wanted to stop crypto staking in the U.S. for retail customers.
8h ago - Zacks
DHT Holdings (DHT) Surpasses Q4 Earnings Estimates
DHT Holdings (DHT) delivered earnings and revenue surprises of 5.56% and 3.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
1d ago - Fortune
‘Big Short’ investor Michael Burry compares stock market to dotcom bubble in a cryptic tweet
“This time is different,” Burry tweeted Tuesday, including a chart that showed the roughly 40% stock market drop—and multiple bear market rallies—that occurred during the dotcom bubble.
1d ago - Reuters
AMD wins nearly a third of processor market, Arm's climb slows, analyst report
Advanced Micro Devices Inc has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd's rise in the PC market slowed in the fourth quarter of 2022, according to an analyst report. AMD has grabbed share away from Intel Corp, which still remains the largest player in the market for what are known as x86 processors, which work with popular operating systems like Microsoft Corp's Windows. In the fourth quarter, Intel had 68.7% market share for x86 processors versus AMD's 31.3%, which was up from 28.5% a year earlier, according to Mercury Research.
6h ago - Fortune
The best CD rates for February 2023
We ranked almost 50 separate CD accounts based on APYs, minimum deposit requirements, and more. Check out the accounts that made our top 10.
10h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK