News Highlights: Top Company News of the Day - Thursday at 5 PM ET
T-Mobile, Verizon in Talks to Carve Up U.S. Cellular
T-Mobile US and Verizon are in discussions to carve up U.S. Cellular, one of the country's last major regional wireless carriers, in separate transactions that would give both buyers access to valuable airwaves.
Duolingo to Bet on Generative AI Subscription Plan
Duolingo says its investment in artificial intelligence is paying off after the language-learning app posted a 54% surge from last year in first-quarter paid subscribers to 7.4 million.
Funko Taps Former Hasbro Executive as CEO
Funko named former Hasbro executive Cynthia Williams as its next chief executive, effective later this month.
Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner's chief executive said the company has the ability to match third-party offers for NBA packages.
Norfolk Southern Chief Survives Activist's Push to Oust Him
The activist investor, Ancora Holdings, did score a partial victory, as shareholders voted to replace three members of the company's 13-person board.
Yeti's stock heads for best day in 9 months after earnings beat, raised outlook
Yeti's stock powered higher in Thursday's premarket, after the drinkware and outdoor-products maker beat first-quarter earnings expectations and raised its full-year outlook, amid strength in coolers and international sales.
Planet Fitness' stock rallies after company unveils first price hike in 30 years
Planet Fitness Inc.'s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from the earnings call.
Six Flags' stock soars as investors look past theme-park operator's loss to focus on strong start to season
Six Flags Entertainment Corp.'s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-quarter loss and revenue shortfall to focus on a positive setup for the summer season.
Warby Parker's stock sees biggest gain since 2022 after raised guidance
Warby Parker Inc.'s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a first-quarter loss.
Sam Ash Files for Bankruptcy
The renowned musical-instruments retailer will close all its stores and is evaluating a potential sale of its e-commerce operations, intellectual property and wholesale business in chapter 11.
(END) Dow Jones Newswires
May 09, 2024 17:15 ET (21:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: Tech Stocks Lead Ahead of Nvidia Earnings
-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
The Best Bank Stocks to Buy
-
After Earnings, Is Roblox Stock a Buy, Sell, or Fairly Valued?
-
Should You Buy and Hold an Artificial Intelligence Portfolio?
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?
-
Walmart Earnings: Low Prices and Strong Digital Presence Drive Market Share Gains