Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance
Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures.
Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures.
DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year.
Atlassian beat on the top and bottom lines and issued a forecast that met analysts' estimates
The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.
There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square.
Live Nation's revenue surged on high prices, pent-up demand and blockbuster tours from superstars Taylor Swift and Beyonce.
The quarter will include about a week of iPhone 15 sales. Investors are closely watching to see if sales suggest a strong product "cycle" over...
Palantir released third-quarter results that beat analysts' expectations on top and bottom lines.
Eli Lilly reported revenue and adjusted earnings that topped expectations, lifted by $1.4 billion in sales from its blockbuster diabetes drug Mounjaro.