Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops. Deere, which makes agricultural equipment, cut its profit outlook to $7 billion from a previous range of $7.50 […]
The National Hurricane Center issued its first daily tropical outlook today, May 15. The good news is that tropical cyclone activity is not expected over the next seven days. The Atlantic hurricane season officially begins June 1, but NHC forecasters begins issuing daily tropical outlooks on May 15. “This product describes significant areas of disturbed […]
(Bloomberg) — European stock futures and Asian shares gained after the latest jobs data supported the case for US interest-rate cuts. Most Read from Bloomberg The Euro Stoxx 50 contract climbed 0.2%, while US counterparts posted modest gains after the S&P 500 index closed less than 1% away from its all-time high on Thursday. Hong […]
Youth-centric video game platform Roblox (RBLX) on Thursday beat estimates for the first quarter but guided below views for the current quarter and full year. Roblox stock plummeted on the news. X The San Mateo, Calif.-based company lost 43 cents a share on bookings of $923.8 million in the March quarter. Analysts polled by FactSet […]
Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter. That caught a lot of investors off guard after the company rebounded strongly from the pandemic and started 2024 with a bang. Shopify Inc. is predicting that revenue will climb […]
Over a third of prospective homebuyers believe that a change in Government would be a good thing for the property market, while just 5 per cent believe the current Government is doing enough to help. According to the latest MyHome.ie survey, 78 per cent of respondents said they were worried about the state of the […]
Teva stock jumped early Wednesday after the generic drugs behemoth reported adjusted earnings of 48 cents per share on $3.82 billion in first-quarter sales. X On average, analysts surveyed by FactSet expected Teva Pharmaceutical (TEVA) to earn 52 cents per share and report $3.74 billion in sales. In the year-earlier period, Teva earned 40 cents […]
Shopify (SHOP) on Wednesday reported first-quarter earnings that topped analyst estimates while revenue edged by views. Shopify stock plunged on the e-commerce firm’s guidance for the current June quarter. X Released before the market open, Shopify earnings for the quarter ending March 31 were 20 cents on an adjusted basis. Analysts polled by Visible Alpha […]
TUESDAY STORM REPORTS Tuesday’s storm reports included chicken egg-size hail Tuesday’s Wind and Hail Reports √ 10 of the past 12 days have seen at least a trace of rainfall √ Total rainfall at O’Hare during that period has been 3.16” √ NORMAL rainfall April 26 through May 7 is 1.75” A barn in Harvard, […]
Contract chipmaker GlobalFoundries (GFS) on Tuesday beat Wall Street’s targets for the first quarter and offered in-line to better-than-expected guidance for the current period. GFS stock rose in early trading. X The Malta, N.Y.-based company earned an adjusted 31 cents a share on sales of $1.55 billion in the March quarter. Analysts polled by FactSet […]
Datadog (DDOG) on Tuesday reported first-quarter earnings and revenue that topped estimates. The software maker’s guidance edged by views while the company said Amit Agarwal will step down as president. Datadog stock fell on the news. X New York-based Datadog reported earnings before the market open. On the stock market today, Datadog stock tumbled more than […]
(Bloomberg) — Palantir Technologies Inc. beat analysts’ sales estimates in the first quarter and raised its forecast for annual revenue, citing demand from US companies for its new artificial intelligence software. Most Read from Bloomberg The company reported sales of $634.3 million for the three months ended March 31, up 21% from a year earlier. […]