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Stocks

“Amazon shares tumble after third-quarter outlook disappoints”

August 7, 2024

“Amazon shares closed down about 8.7% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell short of Wall Street’s expectations. Revenue in the second quarter rose 10% from a year earlier… Continue Reading…

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Stocks

“Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade” [Aug 2 2024]

August 6, 2024

“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now… Continue Reading…

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Business, Stocks

“Amazon shares slide on revenue miss, disappointing guidance for third quarter” [Aug 1 2024]

August 5, 2024

“Amazon reported weaker-than-expected revenue for the second quarter on Thursday and issued a disappointing forecast for the current period. The shares slid as much as 6% in extended trading. Here’s how the company did: Wall Street is also looking at these key numbers:… Continue Reading…

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Business

“Microsoft stock drops after results fall short in latest AI disappointment”

August 2, 2024

“…For the quarter, Microsoft reported earnings per share (EPS) of $2.95 on revenue of $64.7 billion. Wall Street was anticipating EPS of $2.94 on revenue of $64.5 billion, according to data compiled by Bloomberg. Microsoft reported EPS of $2.69 and… Continue Reading…

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Stocks

“Dexcom shares plummet almost 40% after company misses on revenue, lowers guidance” [Jul 25 2024]

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…

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Stocks

“Why Super Micro Computer Stock Is Plummeting This Week” [Fri, Jul 26, 2024]

July 29, 2024

“…The high-performance server specialist’s share price was down 12.7% from last week’s close heading into this Friday’s market opening, according to data from S&P Global Market Intelligence Tech stocks continued to pull back this week as investors assessed risks related to… Continue Reading…

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Business, Stocks

“Why Ford Motor Company Stock Crashed 17% Today” [Updated Fri, Jul 26, 2024]

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…

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Stocks

“Wells Fargo shares tumble after net interest income falls short of estimates” [Jul 12 2024]

July 26, 2024

“… …” https://www.cnbc.com/2024/07/12/wells-fargo-wfc-q2-2024-earnings.html

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Stocks

“Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue”

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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Stocks

“Chewy shares fall nearly 7% as the boost from Roaring Kitty’s new stake diminishes” [UPDATED MON, JUL 1 2024]

July 8, 2024

“…The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company. That makes him the third-biggest Chewy shareholder, according to FactSet. Based on Friday’s close, that… Continue Reading…

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