Lyft's stock had a bonkers after-hours rally. Was it due to a mistake in its earnings release?

Lyft stock rocketed upwards of 60% higher after hours before settling to still-solid gains of around 18% 


 
Airbnb Beats Revenue Forecast as Bookings Grow

The company said it is at an inflection point, continuing its expansion into foreign markets. 


 
Jeff Bezos Sells Amazon Shares Worth Over $2 Billion

Founder has sold roughly 12 million shares in the past few days. 


 
Robinhood Stock Soars After It Posts Surprise Profit

Robinhood shares rose 9% to $12.90 in after-hours trading. 


 
Instacart Lays Off 7% of Staff Amid Rising Competition and Food Costs

The grocery-delivery company's revenue rose and profit fell last quarter. 


 
Walmart in Talks to Buy TV Maker Vizio

The retail giant is discussing a more than $2 billion deal that would boost its advertising business in the battle with Amazon. 


 
CBA 1H Profit Falls 8%, Raises Dividend

CEO Matt Comyn said the bank expects an "uptick in our arrears and impairments." 


 
Wood Pellet Maker Enviva Prepares to File for Bankruptcy

The nation's largest exporter of wood pellets is planning to file for chapter 11 after a failed gamble on future commodities prices 


 
Zillow Stock Jumps on Earnings. The Company Beat Expectations in a Slower Housing Market.

The real estate company reported fourth-quarter revenue of $474 million, a 9% gain compared with the same quarter a year ago. 


 
Coca-Cola Stock Has Gone Flat. Is it Time to Buy?

The beverage company's steady sales growth makes it an attractive hedge.


(END) Dow Jones Newswires

02-13-24 1915ET