July 26, 2021
“Bitcoin surged near $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry… As the largest digital token gained on the speculation, investors rushing to cover bearish bets fueled… Continue Reading…
July 26, 2021
“Used car prices averaged $25,410 during the second quarter of 2021, up from $20,942 a year ago, according to automotive resource site Edmunds. That’s a 21% jump. Because of the global microchip shortage, manufacturers are unable to produce enough new cars to… Continue Reading…
July 23, 2021
“J.P. Morgan analyst Jose Asumendi is the latest Street analyst to recommend caution. Wednesday, he launched coverage of QuantumScape (ticker: QS) with a Hold rating on its stock and a $35 price target. It’s a lukewarm rating. Still, QuantumScape stock is having a fine… Continue Reading…
July 23, 2021
“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…
July 23, 2021
“Snap’s stock jumped after the company reported Thursday its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth. Here’s what Snap reported versus Wall Street’s estimates: Adjusted earnings per share: 10 cents vs. 1 cent loss forecast by… Continue Reading…
July 23, 2021
“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…
July 22, 2021
“…That legislation authorized payments of up to $1,400 per person, plus $1,400 per eligible dependent, for individuals and families who fall under certain income thresholds and also meet other requirements. For the latest tranche, about 1.3 million of the payments… Continue Reading…
July 22, 2021
“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $3.12 adjusted vs. $2.87 expected Revenue: $1.03 billion vs. $972.3 million expected The pizza chain reported fiscal second-quarter net income… Continue Reading…
July 22, 2021
“Here’s how the company did for its quarter ended June 30 compared with what analysts surveyed by Refinitiv were anticipating: Earnings per share: $2.23 adjusted vs. $1.60 expected Revenue: $640.8 million vs. $565.2 million expected During the second quarter, Croc’s… Continue Reading…
July 22, 2021
“America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the… Continue Reading…
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