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Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Pinterest stock plunges following weak Q4 revenue guidance
Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.Business - CNBC - November 7 -
Instacart’s weak outlook for the end of the year drags the stock lower
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.Business - MarketWatch - November 13 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of ...World - ABC News - 6 days ago -
31 rescued after tourist boat sinks off Egyptian coast
The Sea Story sank off the southeastern Egyptian town of Marsa Alam, near the Shaab Satayah area, popular for its coral reefs, the Red Sea Governorate said.Top stories - ABC News - Yesterday -
Five survivors found day after Red Sea tourist boat sinking
Seven people remain unaccounted for after a tourist boat sank on Monday after leaving the Egyptian port of Marsa Alam.Top stories - BBC News - Yesterday -
Retail Sales Rise in October as Americans Remain Willing to Spend
A mix of factors contributed to the uptick, as people bought more cars and home store sales went up as storm damage in the Southeast got fixed. It’s a good sign for the holiday shopping season.Business - Inc. - November 15 -
Existing-home sales rise in October but are expected to remain sluggish for the time being
Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.Business - MarketWatch - 6 days ago -
Biden going on campaign trail after weak October jobs report
President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...Top stories - CBS News - November 1 -
French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France’s top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set ...Business - MarketWatch - October 31 -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - November 7 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - October 29 -
Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam
Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...Business - MarketWatch - November 1 -
Marqeta’s stock may shed a third of its value as these factors spur weak outlook
The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.Business - MarketWatch - November 5 -
We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock
We recently trimmed Best Buy to protect hard-fought gains, and we're going to wait a bit before buying them back.Business - CNBC - 22 hours ago -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
Advance Auto Parts to Close Stores as Sales Outlook Misses Views
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.Business - The Wall Street Journal - November 14 -
Temu owner PDD misses sales estimates amid China slowdown
Shares drop after tech group warns on ‘intensified competition’World - Financial Times - 6 days ago -
Stocks are expensive, but their rally can continue for at least another year. Here’s why.
Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.Business - MarketWatch - October 29 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
We're pocketing a gain in a disappointing stock — and would be buyers in another
We're seizing this opportunity to sell into strength a stock that has disappointed.Business - CNBC - November 6 -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - November 7 -
Why the stock market can count on another Fed rate cut in December
The trend in short-term rates leading up to the U.S. presidential election usually persists.Business - MarketWatch - November 9