August 6, 2024
“…Here’s how Apple did versus LSEG consensus estimates for the quarter ended June 29: Apple expects similar overall revenue growth in the current quarter, company finance chief Luca Maestri said on a call with analysts…” https://www.cnbc.com/2024/08/01/apple-aapl-earnings-report-q3-2024.html
August 5, 2024
“Nonfarm payrolls grew by just 114,000 in July, below the downwardly revised 179,000 in June and the Dow Jones estimate for 185,000. The unemployment rate edged higher to 4.3%, its highest since October 2021, triggering an economic rule on recessions.… Continue Reading…
August 2, 2024
“…So what gives? Should investors be worried? In short, probably not. Stocks naturally retreat after big gains. It’s to be expected; in fact, it’s healthy. Yes, 18% is a lot, many stocks move less over the course of a year,… Continue Reading…
August 1, 2024
“Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday. Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, hit 2.9% in July, which was higher than expected.… Continue Reading…
August 1, 2024
“Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the big winners with shares up… Continue Reading…
July 31, 2024
“…RegenXBio (RGNX) The first Goldman pick we’ll look at is RegenXBio, a gene therapy company specializing in single-dose treatments for severe diseases with few or no existing therapies…. Choi rates RGNX a Buy along with a $38 price target. This… Continue Reading…
July 30, 2024
“Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Dexcom’s revenue increased 15% from $871.3 million a year earlier, according to a… Continue Reading…
July 29, 2024
“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…
July 29, 2024
“…The parcel logistics giant will reduce daytime domestic flying time by 60% and the number of city destinations by 55%, which will add about 500 pilots to the existing surplus, said Justin Brownlee, senior vice president for flight operations and… Continue Reading…
July 25, 2024
“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… Continue Reading…
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