EV start-up Lucid slashes 2022 vehicle production forecast, causing shares to plummet
The company cited supply chain constraints for slashing production expectations to between 12,000 and 14,000 vehicles, down from 20,000 units.
Zscaler tumbles after issuing light earnings forecast
Zscaler showed the fastest revenue growth in three years as its stock initially moved higher thanks to conflict-related buying activity on Thursday.
Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products
Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022.
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday.
Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value
In his annual letter to Berkshire shareholders on Saturday, Buffett called Tim Cook's Apple his "runner-up Giant" next to the cluster of insurers.
Berkshire’s operating earnings surge as Buffett repurchases record $27 billion in stock during 2021
Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.
Lowe’s raises forecast as it grabs a bigger share of home pro spending, navigates supply chain bottlenecks
Lowe's raised its forecast for the full year and surpassed Wall Street's earnings estimates for the fiscal fourth quarter.
Barclays full-year net profit quadruples as corporate and investment bank booms
Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion.