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Tyson Foods’ stock turns lower after sales miss, as chicken remains weak
Tyson Foods’ stock reversed course to trade sharply lower, after the meats company reported fiscal second-quarter sales that fell below expectations, as continued weakness in chicken and market-share losses offset a profit beat.MarketWatch - Business -
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 -
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 - Business -
Palantir shares fall 7% on lower-than-expected guidance
Defense-technology and AI firm Palantir reported earnings that beat analyst expectations on revenue, but also issued weaker-than-hoped-for full-year guidance.CNBC - Business -
The U.S. birth rate has never been lower. Here’s what that means for stocks.
Americans aren’t having as many kids, but the economy can handle that — for now.MarketWatch - Business -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
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 -
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 -
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 -
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 -
Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks
The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.The New York Times - Business