Brian Pitz News Today

Expedia reported quarterly losses of 21 cents per share which beat the analyst consensus estimate of losses of 24 cents by 12.5%. Quarterly sales came in at $2.89 billion, beating the analyst consensus estimate of $2.81 billion by 2.81% and representing a 8.41% increase over sales of $2.67 billion from the same period last year.

Benchmark analyst reiterated Buy rating and $180 price target for Expedia. Lowered guidance for slower growth and increased marketing spend.

Peloton announced a restructuring program to include a reduction to its global headcount by approximately 15%, impacting roughly 400 Peloton team members. The company will also continue reducing its retail footprint and redesign its international go-to-market approach to be more targeted and efficient.

Amazon is set to report its first-quarter results, and the growth of artificial intelligence could be a key topic.

TipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Netflix and General Motors.

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.

Amazon.com is an AWS monster, and this analyst predicts monster growth lies just ahead.

Snap shares up on strong Q1 earnings, with Goldman Sachs, Raymond James, Morgan Stanley, JPMorgan, Oppenheimer analysts weighing in.

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth

Netflix has just reported its biggest quarter ever - on the back of its ongoing password-sharing crackdown and punters absorbing price rises that ran beyond...