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Centene’s earnings crush estimates and company raises guidance
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Bowlero’s stock slides 18% after earnings fall short of estimates and company offers soft guidance
Chief Executive and Founder Thomas Shannon said the quarter started slowly due to weather.MarketWatch - Business -
Datadog’s earnings beat estimates, but the stock still skids
The observability company’s full-year forecast exceeds what analysts have been modeling.MarketWatch - Business -
Crocs’ stock gains 6% as earnings beat offsets softness for Heydude brand
Crocs Inc.’s stock rose more than 6% Tuesday, after the casual-footwear company’s stronger-than-expected first-quarter earnings offset weak demand for its Heydude brand, which is expected to see sales fall this year.MarketWatch - Business -
Disney says streaming is nearly breakeven, but shares sink 10% on soft guidance
Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.CNBC - Business -
Disney shares tumble on light guidance. But here's why we're raising our price target
Disney's current quarter guidance disappointed Wall Street. But the sell-off looks overdone to us.CNBC - Business -
AMD’s mixed earnings reveal a company with a lot to prove — and the goods to do it
Why 2024 will be a year of sizeable growth for the chip maker.MarketWatch - Business -
Former Starbucks CEO says company needs to revamp its stores after big earnings miss
Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest quarterly report, saying he believes the company will recover if it improves its U.S. stores.NBC News - Top stories -
Kenvue’s stock jumps after earnings beat as company unveils plan to cut 4% of global workforce
Kenvue’s stock jumps after earnings beat as company unveils plan to cut 4% of global workforceMarketWatch - Business -
Former Starbucks boss Howard Schultz said the coffee giant needs to renew its focus and own its shortcomings after the company delivered disappointing earnings results last week.
Former Starbucks boss Howard Schultz said the coffee giant needs to renew its focus and own its shortcomings after the company delivered disappointing earnings results last week.The Wall Street Journal - World -
Zalando Backs Guidance Despite Lower Sales
Zalando swung to a profit in the first quarter but revenue fell 0.6% as active customers declined.The Wall Street Journal - World
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Oil prices touch lowest levels since mid-March as Russia signals OPEC+ output rise possible
Oil futures finish modestly lower Tuesday as Russia indicates OPEC+ could consider raising crude output and Israel rejects a Gaza cease-fire proposal.MarketWatch - Business - Russia -
Bonds are getting a boost from oil’s dip below $80 a barrel
U.S. bonds have been getting a boost from oil prices that have dipped below $80 a barrel.MarketWatch - Business -
Canopy USA exercises options to buy Wana Brands and Jetty Extracts as it moves into the U.S.
Canopy Growth made a $297.5 million up-front payment to Wana Brands in 2021.MarketWatch - Business -
Nikola’s stock drops as revenue fell to less than half what was expected
Nikola’s stock dropped premarket Tuesday, reversing a brief gain, after the electric-truck maker reported first-quarter revenue that fell to less than half what was expected, offsetting a narrower-than-expected loss.MarketWatch - Business -
What the U.S. dollar’s ‘surprise’ rally in 2024 means for stocks
The strengthening U.S. dollar is raising investor worries over what the greenback’s rise so far in 2024 may mean for stocks.MarketWatch - Business