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Alaska Air’s stock climbs to 8-month high as quarterly results beat views
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Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
Toll climbs to 8 dead, 21 missing after heavy rains in Brazil
Yahoo News - World - Brazil -
Enovix shrinks quarterly loss, vows to cut costs as battery maker’s stock soars 20%
Battery maker narrows quarterly loss and says it plans to cut more costs on its road to profitability.MarketWatch - Business -
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Shares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the Medicare Advantage business weighed heavily on results.MarketWatch - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
Pinterest Inc.’s stock soared in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street estimates.MarketWatch - Business -
Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
The veteran investor’s recipe: Find a good business with good management, buy the stock at a reasonable price and hold long-term.MarketWatch - Business -
Kevlar, Tyvek parent DuPont’s stock surges after big profit beat, raised outlook
CEO Ed Breen says results confirm that electronics business is now past the bottom, and “on road to recovery.”MarketWatch - Business -
Rookie Andy Pages has 3 RBIs to continue hot start as Dodgers beat Diamondbacks 8-4
Teoscar Hernández and Andy Pages both hit two-run doubles in a big fifth inning, Will Smith added a solo homer and the Los Angeles Dodgers beat the Arizona Diamondbacks 8-4ABC News - Sports - MLB
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Fed’s Powell keeps the door open for a July rate cut
Here are more details of the four main takeaways from Powell’s press conference.MarketWatch - Business - Federal Reserve -
Fastly shares sink 30% on weaker guidance
Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.MarketWatch - Business -
Zillow forecasts slower second quarter, amid caution among first-time buyers and agents
Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.MarketWatch - Business -
If history is any indication, the economic impact of campus protests could be felt at colleges across the U.S.
In the 1960s, some policymakers reacted to protests by curtailing funding for colleges. Today, lawmakers are threatening to do the same.MarketWatch - Business -
Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September
A third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick saysMarketWatch - Business - Federal Reserve