Peloton sees strong Tread demand as revenue beats by widest margin since 2019

Peloton’s stock soars after earnings again, as strong demand for Tread products led to the biggest revenue beat in five years.

MarketWatch - 5h

Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth

Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions.

CNBC - 15h

Fiserv shares rally to record on earnings beat, bullish revenue outlook

Shares of payments company Fiserv rose to a record on Wednesday after reporting better-than-expected earnings.

CNBC - 20h

AMD shares drop more than 6%, close at lowest since 2023 on disappointing data center revenue

Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.

CNBC - 22h

Uber beats fourth-quarter revenue expectations but offers soft guidance

Uber's mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting $6.77 billion.

CNBC - 22h

AMD reports profit beat, but misses on data center revenue

AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimates

CNBC - 1d

PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America

PepsiCo's earnings topped Wall Street's estimates, but the company's revenue missed expectations, as drink and snack demand fell in North America.

CNBC - 1d

Pfizer’s stock falls despite fourth-quarter revenue and earnings beat. This analyst expects growth to accelerate.

Pfizer Inc. shares fell 2% Tuesday despite the drugmaker topping Wall Street’s revenue and profit estimates in its fourth-quarter results.

MarketWatch - 2d

Labour ministers tread carefully as welfare reform looms

The government is not just looking at reforming the benefits system - it is preparing to put it at the heart of its economic agenda.

BBC News - 5d

Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook

Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.

CNBC - 5d

Apple's gross margin hits record as services business keeps growing

As services become a bigger part of Apple's business, the company continues to deliver higher profit margins for investors.

CNBC - 6d

IBM rallies 13%, notches best day since 2000 on strong earnings

CEO Arvind Krishna said the company posted $5 billion in bookings for its generative AI segment.

CNBC - 6d

Wolfspeed posts revenue beat, cites ‘significant progress’ on new operating plan

Wolfspeed Inc.’s stock rose in extended trading Wednesday, after the semiconductor company beat Wall Street’s revenue expectations in its fiscal second-quarter results.

MarketWatch - Jan. 30

Meta shares pop after company beats on revenue

Meta reported earnings after the bell. Here are the results.

CNBC - Jan. 29

Levi beats earnings estimates but expects pressure this year from strong U.S. dollar

Levi expects its sales to slow in the current fiscal year because of the strong U.S. dollar and one fewer selling week.

CNBC - Jan. 29

ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less

Without addressing the specifics of DeepSeek's model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.

CNBC - Jan. 29

SoFi’s stock sinks as a downbeat outlook negates a big revenue beat

SoFi’s stock sinks as a mixed outlook overshadowed strong Q4 results that included the biggest revenue beat in about three years.

MarketWatch - Jan. 27

Store closures hit highest level since pandemic — see who is shutting down the most locations

Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry ...

NBC News - Jan. 23

Store closures hit highest level since pandemic — see who is shutting down the most locations

The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.

CNBC - Jan. 23

Without 'Barbenheimer,' Oscar best picture nominees see 37% drop in global box office revenue

Without 'Barbenheimer,' Oscar best picture nominees see 37% drop in global box office revenue to $1.5 billion.

Los Angeles Times - Jan. 23

Einhorn says the market is at the fartcoin stage of the cycle. His fund bought Peloton and made these moves.

David Einhorn’s Greenlight Capital is keeping Big Tech at arm’s length, along with crypto. Here’s what the hedge fund has been buying lately.

MarketWatch - Jan. 22

Europe treads carefully as Trump outlines first policy moves

Also in this newsletter: Slovakia’s premier Fico faces no-confidence vote over closeness with Russia

Financial Times - Jan. 21

Ohio State Beats Notre Dame to Win Its First National Championship Since 2014

The Buckeyes, who had defeated Tennessee, Oregon and Texas in the 12-team College Football Playoff, fended off a furious comeback from the Fighting Irish.

The New York Times - Jan. 21

Maine fans flock to see Flagg, Duke beat BC

Fans made the trek from Maine to see Cooper Flagg and Duke beat Boston College on Saturday night; Flagg finished with 28 points, five rebounds and four assists.

ESPN - Jan. 19

Swissquote Expects Results To Beat Views on Crypto Demand

The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.

The Wall Street Journal - Jan. 17

UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

The New York Times - Jan. 16

Republicans in North Carolina Are Treading a Terrifying Path

They’re trying to overturn a fair election. Gee, who gave them that idea?

The New York Times - Jan. 16

Bank of America sees revenue rise across the board in upbeat sign for year ahead

Bank of America CEO Brian Moynihan said the bank turned in a “strong” fourth quarter.

MarketWatch - Jan. 16

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

CNBC - Jan. 16

Wells Fargo shares jump after earnings beat, strong 2025 guidance

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.

CNBC - Jan. 15

From worst to first: Last year’s stock-market laggards see strong start to 2025

The U.S. stock market has been turned on its head in the early days of January.

MarketWatch - Jan. 14

Lululemon’s stock jumps as strong holiday sales show demand is improving

Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.

MarketWatch - Jan. 13

Flyers beat Ducks 6-0 in Cutter Gauthier's first visit to Philadelphia since being traded

Sam Ersson made 22 saves for his second shutout of the season and the Philadelphia Flyers beat Anaheim 6-0 on Saturday night in Cutter Gauthier’s first visit to Philadelphia since being traded to ...

ABC News - Jan. 11

Lindsey Vonn impresses skiing into 6th place in her first World Cup downhill race since 2019

Lindsey Vonn has skied into an impressive sixth place in her first World Cup downhill race for six years

ABC News - Jan. 11

Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

U.S. stocks are down so far in 2025 as market volatility climbs.

MarketWatch - Jan. 11

10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report

Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...

MarketWatch - Jan. 10

Delta Air is betting on a strong 2025 driven by demand for premium travel

Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.

MarketWatch - Jan. 10

Study: Domestic flights in Germany have fallen 50% compared to 2019

Yahoo News - Jan. 9

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

Palantir’s stock sees sharpest drop since May as momentum cools

Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?

MarketWatch - Jan. 7

Latest in Peloton sees strong Tread demand as revenue beats by widest margin since 2019

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