Earnings Results Intel Stock Drops
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S&P 500 Climbs With More Earnings in Focus
Stock indexes were climbing after last week’s not-too-hot jobs report, which boosted hopes of an interest-rate cut this year.The Wall Street Journal - World -
Stocks Extend Rally Ahead of Busy Earnings Slate
The S&P 500 rose 1%, while the Dow Jones Industrial Average added 0.5%. Walt Disney, Uber and Airbnb are among the companies reporting results this week.The Wall Street Journal - World -
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 -
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 -
Celsius stock drops 5% after revenue falls short of analyst estimate
Celsius Holdings Inc.’s stock was down by 5% in premarket trading after the energy drink and protein bar maker’s revenue missed the FactSet consensus estimate.MarketWatch - Business -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Palantir logs earnings beat, but stock cools down in the wake of sharp rally
Palantir Technologies Inc. shares ran up on Monday ahead of the software company’s latest earnings report, but they were giving back those gains in the extended session after the results came out.MarketWatch - Business -
UBS Stock Rallies After Bank Swings Back to Profit
The Swiss bank posted a $1.8 billion net profit in the first quarter, triple the roughly $600 million that analysts were expecting. Revenue was higher and costs were lower than had been forecast.The Wall Street Journal - World -
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 -
Astera Labs’ blowout first earnings report is met with a sagging stock reaction
A sharp rally in the lead-up to Astera Labs’ earnings could help explain the stock’s negative reaction to better-than-expected results, as it could have raised the bar for the report.MarketWatch - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
TD Bank’s stock drop on money-laundering probe overblown says KBW analyst, but Jefferies is not so sure
Jefferies cuts TD’s price target on fears of a “lost decade” while KBW reiterates outperform rating in more bullish stance.MarketWatch - Business -
Earnings will drive the market next week — what we expect from 2 portfolio stocks
Without any major economic reports, earnings — especially forward guidance and management commentary — will drive the action.CNBC - Business -
3 catalysts we learned from earnings that should push our industrial stocks higher
Artificial intelligence, destocking, and pricing emerged as themes and reasons for optimism.CNBC - Business -
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 -
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 -
LIV Golf Singapore results: Brooks Koepka earns fourth win, finds game with PGA Championship up next
With the second major of the year on deck, Koepka is locked back inCBS Sports - Sports - LIV Golf -
Spirit AeroSystems confirms Boeing talks but stock falls on ‘horrendous’ results
Spirit AeroSystems Holdings Inc. said Tuesday that it was “currently engaged in discussions” with Boeing Co., its largest customer, regarding a potential buyout of aircraft-components maker.MarketWatch - Business -
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.The Wall Street Journal - World -
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 -
Save Big On AMD Ryzen And Intel i9 CPUs At Amazon
Amazon is offering steep discounts on popular CPUs for gaming, including both 12th-generation and 13th-generation Intel processors, alongside a handful of powerful AMD models. None of the sales are advertising an end date, but we can't imagine ...GameSpot - Tech -
Council to drop apostrophes on street signs
A North Yorkshire resident says the punctuation changes risk "everything going downhill".BBC News - Top stories -
Pat Gelsinger was brought in to fix Intel. 3 years later, it still seems like a mess.
Turning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — but they need to be patient because the ongoing strategic changes may yet save the company.MarketWatch - Business -
'Three hobbits and an elf' leave bistro diners gobsmacked
Lord Of The Rings actors took staff by surprise when they called into Liverpool restaurant Belzan.BBC News - Top stories -
Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
Brady-backed Birmingham drops to third division
Birmingham City have been relegated from the Championship, ending a difficult first season for the club's American owners, which includes NFL legend Tom Brady.ESPN - Sports -
Share of Black Americans planning to vote drops: Survey
Fewer Black Americans are certain they will vote in this year’s election than in the 2020 election, according to a new Washington Post/Ipsos survey. Only 62 percent of Black voters said they are “absolutely certain” they will vote in November's ...The Hill - Politics -
Nintendo Teases Switch Successor After Weak Guidance
Nintendo said it will announce a successor to its seven-year-old Switch videogame console after guiding for a significant profit drop this fiscal year on weaker device and game sales.The Wall Street Journal - Tech -
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Saudi Aramco to increase dividends despite drop in profits
Group plans to boost key source of revenue to kingdom in spite of earnings missFinancial Times - World -
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Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - Business -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
Heidelberg Materials Maintains Outlook on Earnings Beat
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.The Wall Street Journal - World -
Heidelberg Materials Maintains Outlook on Earnings Beat
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.The Wall Street Journal - Business -
Disney Reports Strong Earnings but Warns of Bumps Ahead
In a surprise, Disney+ made money for the first time in the latest quarter, but the company said it expected a slowdown in its parks division.The New York Times - Business -
Upstart beats on earnings but misses with its forecast
The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024.MarketWatch - Business -
Cocoa futures turn bitter as prices drop 30% from record highs
Cocoa futures on Friday marked a drop of 30% from their all-time highs, as a buying frenzy that lifted prices to a record just two weeks ago gave way to expectations for better crop conditions and worries about a drop in demand.MarketWatch - Business