October 9, 2025
“Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July, according to the U.S. Census. That’s despite mortgage rates that are higher than they are today. The median price of a new home sold in… Continue Reading…
October 9, 2025
“Shares of CarMax were down more than 20% on Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations. The company’s results included earnings per share of 99 cents compared with expectations of $1.05 and revenue… Continue Reading…
October 8, 2025
“Firefly Aerospace’s Alpha Flight 7 rocket exploded during a ground test at its Texas facility on Monday. The company said it followed safety protocols and all personnel were safe. Firefly debuted on the Nasdaq last month to strong investor demand,… Continue Reading…
September 16, 2025
“…The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15 billion and $21.45 billion, compared… Continue Reading…
September 16, 2025
“…The company also re-issued its full-year guidance after withdrawing it earlier this year. It now expects comparable sales to be approximately flat, better than the 0.2% decline analysts had anticipated, according to StreetAccount… …Here’s how American Eagle performed during the quarter… Continue Reading…
September 16, 2025
“Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs take a bite from its profits. The company topped second-quarter earnings estimates but slightly missed revenue expectations. It said it expected… Continue Reading…
August 27, 2025
“Kohl’s shares jumped more than 20% after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations. It also narrowed its full-year sales guidance toward the higher end of its range. The department store has been trying to turn… Continue Reading…
October 1, 2024
“…Chinese regulators have discouraged companies from purchasing Nvidia’s H20 chips, which are used to develop and run AI models, Bloomberg News reported late Friday. That policy has taken the form of guidance rather than an outright ban, as Beijing wants… Continue Reading…
September 30, 2024
“…Energy Transfer is having a strong year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% in the second quarter to almost $3.8 billion. Meanwhile, its distributable cash flow surged 32% to over $2 billion… Energy Transfer’s capital project… Continue Reading…
September 26, 2024
“Applications to refinance a home loan surged 20% last week compared with the previous week. This as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13% from 6.15% The refinance… Continue Reading…
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