Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...
The Walt Disney Company (DIS) has also experienced its fair share of the coronavirus impact, with the closing of its theme parks and furloughing of its park workers in April to save money. Closing its...
United Technologies and Raytheon have finally completed their merger – announcing the successful completion on April 3. 2020. This new merger followed the completion of its Carrier and Otis spinoffs...
Revenue: 18.01 billionEarnings per Share (EPS): 60 centsWalt Disney (DIS) has reported a loss of more than 90% in the second quarter, losing over $1 billion. The effect of the coronavirus pandemic is...
Uber Technologies Inc., on Monday, announced the closure of its food delivery service, Uber Eats in markets where it was unpopular. The company’s subsidiary in the Middle East, Careem has also annou...
On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...
Carnival Cruise Lines (CCL) makes plans to resume some of its cruise from August 1 even with the ban placed on it from embarking on such cruise due to coronavirus concerns. In response to the public c...
The coronavirus pandemic is unlike any pandemic that has been seen, causing world economies to come to total lockdown. A few days ago, it was reported that Berkshire Hathaway was sitting on a pile of ...
Alphabet stocks (GOOG) went up close to 10 percent during the after-hours trading after the company reported $9.87 per share in earnings and revenue of $41.16 billion. The company missed earnings expe...