Economy

Mercedes hit by $1.2 billion in tariff costs as full-year earnings more than halve

German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead.

AI disruption fears slam new corners of the market, and Google reminds us why we own it

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Pinterest Shares Tank 20% on Earnings Miss, Weak Guidance

The company said it expects first-quarter sales to come in between $951 million to $971 million, trailing analyst estimates of $980 million.

Airbnb shares pop on company's revenue beat, rosy guidance

Airbnb reported fourth-quarter results that beat on revenue and offered rosy guidance.

FedEx says 'exceptional' holiday season will drive expected third-quarter earnings beat

FedEx projected higher annual revenue for fiscal 2029 and third-quarter earnings that will exceed Wall Street estimates due to an "exceptional" peak season.

Trucking and logistics stocks drop on release of AI freight scaling tool

A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market's AI jitters.