Business, Stocks

“Home Depot Tops Earnings Estimates, Launches $15 Billion Stock Buyback”

https://finance.yahoo.com/m/7a5dbac6-51ee-38c9-8218-f8bd736dac4e/home-depot-tops-earnings.html The article is behind a paywall but the headline is useful. There’s a 15 billion dollar buyback.

Business, Stocks

“China Hedge Funds in Crisis After Losses, US Investor Retreat”

“…The number of active China-focused hedge funds has slipped for the first time since at least 2012, with only five new funds launched this year as of June, according to data from Preqin Ltd. Another 18 funds were liquidated, the… Continue Reading…

Stocks

“Roblox Stock Crashes 21% On Q2 Earnings; Is RBLX Stock A Buy Right Now?”

“…On Wednesday, Roblox shares crashed nearly 22% after the videogame company reported earnings below analysts’ expectations. Roblox lost 46 cents per share on bookings of $781 million. For the June-ended quarter, Roblox notched $781 million in net bookings and $38… Continue Reading…

Business, Stocks

“From $40 billion to ‘going concern’ — WeWork warns of possible bankruptcy”

“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…

Stocks

“biotech Firm Pops 677% on Social Anxiety Spray Trial Success”

“A beaten down micro-cap biotech company, Vistagen Therapeutics Inc., notched its best day ever, surging by as many as four digits after its experimental nasal spray for social anxiety disorder hit targets in a late-stage trial. The drug developer’s stock… Continue Reading…

Stocks

“Palantir’s 135% AI Surge Set For Earnings Showdown”

“The data analysis firm’s stock has rallied 135% in the three months since its last report, with chief executive officer Alex Karp talking up the power of the firm’s AI products and the demand for them. That’s inflicted big losses… Continue Reading…

Business, Stocks

“BP Earnings Fall 65% With Oil Major’s Surplus Cash Turning Negative”

“…But BP stock rose Tuesday following results, helped by a 10% dividend hike and buyback. Shares flirted with a possible early entry with crude oil prices on the rebound. CVX and XOM reported on Friday that second-quarter sales fell around 30%… Continue Reading…

Stocks

“Verizon Earnings Fall From Year Earlier But Top Estimates; Revenue Misses”

“…For the period ended June 30, March, Verizon earnings came in at $1.21 on an adjusted share. Profit for VZ stock fell 7% from a year earlier. Revenue for Verizon stock dipped 3.5% to $32.6 billion. A year earlier, Verizon… Continue Reading…

Business, Stocks

“GE Stock Jumps As Earnings Top, Free Cash Flow Estimate Raised” [89% Earnings Jump]

“…Estimates: Analysts, on average, expected GE earnings per share of 46 cents on revenue of $14.762 billion. Year-over-year comparisons were muddied by the GEHC spinoff. Results: GE earnings came in at 68 cents a share, up 89% from 36 cents… Continue Reading…

Stocks

“S&P 500 opens higher Monday to kick off a busy week of earnings…”

“The S&P 500 edged higher Monday as investors awaited a batch of key earnings reports and a major policy decision from the Federal Reserve. The Dow Jones Industrial Average gained 0.16%. The S&P 500 and Nasdaq Composite rose 0.29% and… Continue Reading…