Nvidia’s profit is growing fast. But not the fastest in the S&P 500. ↑ X NOW PLAYING Beating The Market: How To Find Outperforming Stocks Seven S&P 500 companies, including Travelers (TRV), Catalent (CTLT) and Progressive (PGR), are expected to report at least 140% higher profit per share in the second quarter, says an Investor’s […]
Walgreens’ (WBA) quarterly results are the latest sign that US consumers are increasingly under pressure. Shares of Walgreens Boots Alliance tanked 24% on Thursday after the retail pharmacy chain lowered its full-year guidance due to challenging pharmacy industry trends and a “worse-than-expected” consumer environment, with management citing “a sustained pullback” in discretionary spending. “In US […]
Rivian (RIVN) on Thursday Affirmed its full-year production forecast and estimated that second-quarter deliveries will be above analyst expectations. A day after shares surged on news of its joint venture with Volkswagen (VWAGY), RIVN stock fell on Thursday. ↑ X NOW PLAYING If Tesla Is The Most Valuable Car Company, Why Are Hybrids Outselling EVs? […]
(Reuters) -Walgreens Boots Alliance on Thursday cut its profit forecast for fiscal year 2024 and said it would close more underperforming U.S. stores as weak consumer spending hurts its retail operations. Shares of the Illinois-based company fell more than 15% in premarket trading, after having declined 40% for the year so far. Without specifying the […]
(Reuters) -Cheerios cereal maker General Mills forecast annual profit below estimates on Wednesday and posted a bigger-than-expected drop in quarterly sales hurt by lower demand for its snack bars and pet food, as well as higher input costs. The company also expects annual dollar value growth in its businesses to be below its long-term projections, […]
(Reuters) -FedEx forecast 2025 profit above analysts’ estimates on Tuesday, anticipating that the cost reductions planned for the year would deliver margin gains even as revenue remains challenged by lackluster demand for parcel shipping. Shares of the company rose more than 16% in trading after the bell, while those of rival United Parcel Service were […]
(Reuters) -Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6.5% to $17.45. 2024 has […]
(Reuters) – Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6% in early trading. […]
Here’s How Much Profit Donald Trump Would Make If He Sold His TRUMP Memecoin Today Donald Trump, Republican candidate and former President, finds himself at the center of another lucrative intrigue — not real estate or business, but the crypto world. His charismatic virality makes him a leading figure in PoliFi meme coins. With over […]
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from the design of its flagship SUVs and pickups. The result of Rivian retooling its manufacturing […]
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from the design of its flagship SUVs and pickups. The result of Rivian retooling its manufacturing […]
Micron Technology (MU) stock is set to report earnings on June 26th after the closing bell and the options market is pricing in an 13.1% move in either direction. X Today, we’re looking at selling a cash secured put to take advantage of the high implied volatility around the earnings announcement. A cash-secured put involves […]