Earnings Results Wolfspeed Whiffs on Sales and Forecast and Its Stock Is Falling
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Nio’s stock touches 52-week low after Chinese EV maker cuts sales estimates
U.S.-listed shares of Nio Inc. on Wednesday hovered around a 52-week low after the Chinese electric-vehicle maker cut its current-quarter sales estimates.MarketWatch - Business -
Semtech’s stock pops after sales hike shows business has ‘progressed from stable to growing’
Semtech Corp.’s stock initially soared 17% before cooling a bit in extended trading Thursday after the company rang up better-than-expected sales and strong sales guidance for its current quarter.MarketWatch - Business -
Ford to trim workforce at plant that builds its F-150 Lightning as sales of EVs slow
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages next week as sales of the electric pickup trucks slowABC News - Top stories -
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.The Wall Street Journal - World -
How the AI potential of Reddit’s user data has helped send its stock soaring
The social-media website’s stock continues to attract investor interest after its closely watched IPO last week.MarketWatch - Business -
This small-cap stock is expected to take off — if its weight-loss pill trial succeeds
Terns Pharma is due to release data from an early-stage trial of an obesity treatment in pill form in the second half. Positive data would send the stock higher.MarketWatch - Business -
RH’s stock is on pace for its best day in more than three years. Some analysts aren’t buying it.
The home-furnishings company’s fourth-quarter results didn’t “provide resolutions to the key debates” around its future performance, one analyst said.MarketWatch - Business -
NHRA Winternationals Results
64th annual NHRA Winternationals at In-N-Out Pomona DragstripABC News - Sports -
Forecasts for German economy see stagnation, or recession, in 2024
Yahoo News - World -
BYD misses profit forecasts as Huawei challenge emerges
Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms groupFinancial Times - World -
Institute says German economy is "struggling" and lowers forecasts
Yahoo News - World - Germany -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
Louisiana Republican primary: Live results
GOP voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. Former President Trump is expected to bring in all of the state's 47 Republican delegates. The GOP front-runner garnered enough votes earlier this month ...The Hill - Politics -
Louisiana Democratic primary: Live results
Democratic voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. President Biden is expected to win all of the Pelican State's 48 delegates. Author Marianne Williamson, who briefly suspended her White House bid, ...The Hill - Politics -
Country Garden Delays Annual Results
The Chinese property developer has delayed the publication of financial results for 2023 and expects its stock to be put on a trading halt, adding more uncertainty to the outlook for China’s real-estate sector.The Wall Street Journal - World -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - World -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - Business -
Like it or not, Warriors have earned their mediocre status
The Warriors are on the fringe of the NBA playoffs because they’ve been inferior to the teams ahead of them in the Western Conference, writes Monte Poole.Yahoo Sports - Sports -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - World - China -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - Business - China -
UFC on ESPN 53 play-by-play and live results
Check out live play-by-play and official results from UFC on ESPN 53 in Las Vegas.Yahoo Sports - Sports - UFC -
Ireland’s economy forecast to return to growth, easing drag on eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.MarketWatch - Business -
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.The Wall Street Journal - World -
Savings account interest forecast for spring 2024: Here's what experts predict
Rates on savings accounts are high now but will they stay elevated in the months to come? Here's what to know.CBS News - Top stories -
Ad Forecaster Raises 2024 Prediction Amid Improving Economic Outlook
While the U.S. ad market in 2023 was ‘relatively resilient,’ the outlook for 2024 looks stronger, according to Magna.The Wall Street Journal - World