April 16, 2024

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Find latest world news and headlines today based on politics, crime, entertainment, sports, lifestyle, technology and many more

Wendy’s, Coinbase, Buzzfeed, and more

Wendy's, Coinbase, Buzzfeed, and more

Check out the companies making headlines before the bell:

Wendy (WEN) — Wendy’s shares fell 1% in pre-market trading after a mixed quarter, as the restaurant chain posted better-than-expected earnings while revenue fell short of Street’s expectations. Same-store sales in the US rose 2.3%, less than analysts had expected, as consumers spent more cautiously.

Queen Piece (COIN) — Shares of the cryptocurrency exchange operator fell 5% in the primary market after the company reported a wider-than-expected quarterly loss, with the business affected by a slide in cryptocurrency prices during the spring months. Coinbase saw trading volumes drop as the number of active traders decreased during the quarter.

Buzzfeed (BZFD) — The digital media company reported a wider-than-expected quarterly loss amid pressures in the advertising market and rising expenses. Buzzfeed’s stock fell 3.7 percent in pre-market trading.

Twitter (TWTR) – Twitter added 3.6% in pre-market activity after news that Elon Musk sold nearly $7 billion in Tesla (TSLA) over the past few days. The move comes amid uncertainty over whether the court will force Musk to pursue his $44 billion deal to buy Twitter. Tesla shares gained 1.3%.

Roblox (RBLX) — The video game company’s stock fell 15.1% in the primary market after Roblox reported a wider-than-expected quarterly loss and bookings — a key sales metric — not living up to analysts’ expectations.

Win Resorts (WYNN) — The resort operator reported a smaller-than-expected quarterly loss, but revenue was shy of expectations as results in Macau remained under pressure due to Covid-related shutdowns. Wynn Resorts was down 2.9% in pre-market trading.

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trade office (TTD) — The digital advertising company’s stock rose 16.3% in the primary market after it reported better-than-expected quarterly revenue and made an optimistic forecast for the current quarter. The company said its performance gives it confidence in its ability to gain market share in any economic environment.

H&R . block (HRB) — The tax preparer’s stock jumped 4% in pre-market activity after better-than-expected quarterly results, buoyed by a strong tax season. H&R Block also announced a 7% dividend increase and a new $1.25 billion share buyback program.