Latin American e-commerce giant MercadoLibre posted a better-than-expected quarterly net profit, up nearly four-fold from the same period a year earlier and sending its shares up 9%.
The call center software company Five9 shares gained 4% after it delivered a solid earnings and revenue beat in its latest financial report, showing strong momentum across its core business.
Online travel agency Booking Holdings surpassed analysts' expectation for fourth-quarter profit and revenue on Thursday, helped by booming demand for international travel, sending its shares up 2%.
Rivian projected a surprise drop in electric vehicle deliveries for the year but said it expected to post a modest gross profit, as it slashed raw material and supply chain costs in its drive for efficiency. The shares dropped 5%.
File-sharing company Dropbox livered fourth-quarter earnings and revenue that topped Wall Street’s estimates, but its revenue growth was painfully slow and guidance for the current quarter came up light, sending its shares down 11%.
Block’s fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in bitcoin lagged expectations, sending the payment firm's shares down 13%.
Akamai forecast annual 2025 revenue below estimates on Thursday, owing to sluggish demand for its cloud and content delivery services. The shares slid 13%.
Nu Holdings stock sank 15% after the Brazilian digital bank turned in Q4 2024 earnings and revenue that missed the Wall Street consensus as purchase volume slid during the quarter.
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