DraftKings stock plummets, Expedia Q4 earnings top estimates

U.S. stocks were trending higher on Friday, though they remained on track for weekly losses as investors digested market movements. The trading session followed a day of heavy selling, largely driven by broader fears about potential AI disruption across various sectors. On the earnings front, Expedia Group reported fourth-quarter results that comfortably surpassed Wall Street’s […]

Ford reports Q4 profit miss, $8 billion net loss for year as EV unit losses hit results

After the bell on Tuesday, Ford announced fourth‑quarter automotive revenue of $42.40 billion, matching consensus expectations. Adjusted earnings per share came in at $0.13, short of the $0.19 forecast, while adjusted EBIT was $1.00 billion versus the expected $1.16 billion. The quarter ended with a net loss of $11.1 billion, and the full year saw a net loss of […]