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Business

“Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3”

“The EV maker delivered 88 Class 8 hydrogen fuel cell trucks to dealers in the quarter, in line with its expectations of selling 80 to 100 units. But that lagged the 80% sequential surge in deliveries reported in the second… Continue Reading…

Stocks

“3 Magnificent S&P 500 Dividend Stocks Down 22%, 35%, and 45% to Buy and Hold Forever”

“…1. United Parcel Service There’s no getting around the fact that the wind-down of the COVID-19 pandemic has proven challenging for United Parcel Service (NYSE: UPS). The stock soared in the wake of a wave of online shopping, but the return of… Continue Reading…

Stocks

“Roblox shares drop 22% as company cuts annual bookings forecast on muted player spending”

“…Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion. Its second-quarter bookings forecast of $870 million to $900 million was also below estimates…” https://www.cnbc.com/2024/05/09/roblox-shares-drop-nearly-30percent-as-company-cuts-annual-bookings-forecast-on-muted-player-spending.html

Stocks

“Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall”

“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…

Economy, Stocks

“Stock Market Surges to Start the Year: 22 Record Highs in 3 Months”

“The S&P 500, one of the most widely watched stock indexes in the world, has risen more than 10 percent over the first three months of 2024, buoyed by 22 record highs. Roughly 40 percent of the stocks in the index… Continue Reading…

Business

“Stripe rival Adyen’s shares soar 22% as European payments giant posts profit beat, slows hiring”

“Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, which competes with Stripe, PayPal, and Block, told shareholders in its 2023 annual letter that it had slowed the… Continue Reading…

Cryptocurrencies

“SEC sues Coinbase over exchange and staking programs, stock drops 22% premarket”

“The Securities and Exchange Commission sued crypto exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker and exchange and demanding that the company be “permanently restrained and enjoined” from continuing to do so.… Continue Reading…

Economy

“UK inflation could top 22% as energy prices soar, Goldman Sachs warns”

“…U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs warned. In a research note dated Monday, Goldman said headline inflation could peak at 22.4% and gross domestic product could drop by… Continue Reading…

Economy

“…Americans just dove into credit card debt faster than they have in 22 years”

“Americans’ credit card balances spiked $52 billion in the last three months of 2021. Inflation is partially responsible, raising the cost of food and gas. Americans have been swiping their credit cards at record speed in the last few months,… Continue Reading…

Business

“Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups”

“Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines… Here are the key numbers: Earnings per share: 65 cents, adjusted vs.52 cents expected, according to Refinitiv survey of analysts Revenue: $25.53 billion vs. $24.74 billion expected,… Continue Reading…