Latest in Stock Sinks Earnings
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Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16 -
Market is not liking Spark New Zealand's (NZSE:SPK) earnings decline as stock retreats 5.8% this week
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...Sports - Yahoo Sports - October 16 -
UPS’s stock gets a rare ‘sell’ warning just days before its earnings report
UPS shares took a hit on Monday after a Wall Street analyst made a rare call to sell, citing near-term concerns over what weak parcel demand will mean for its earnings.Business - MarketWatch - October 21 -
3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Cathie Wood’s ETFs sell Tesla’s stock, after another earnings-related surge
Cathie Wood’s ETFs used Tesla’s blowout earnings report to trim their stakes, just like they did in July after blowout deliveries dataBusiness - MarketWatch - October 25 -
We're trimming a bank stock on tear since earnings, booking nearly a 100% profit
This sale does not reflect any change in our long-standing positive view on the bank and the job the CEO is doing.Business - CNBC - October 25 -
Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 28 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
SoFi’s stock rally takes a breather despite improving credit trends
Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.Business - MarketWatch - October 29 -
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 -
Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 31 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - October 30 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
We're buying this stock for the second time this week, taking advantage post-earnings selling
The roughly 10% decline in shares since earnings is too excessive.Business - CNBC - October 31 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
11 surprising things from this earnings season, including my favorite stock so far
Take notes and tuck them away until the election is confirmed. They should all hold up.Business - CNBC - 4 days ago -
Cramer's favorite stock of earnings season so far gets new props from analysts
Amazon is getting the recognition it deserves on Wall Street after a great quarter.Business - CNBC - 4 days ago -
Palantir’s stock soars as earnings make at least one bear rethink his view
A Morgan Stanley analyst strips his “underweight” rating as Palantir’s latest results go against three elements of his prior bearish stance.Business - MarketWatch - 3 days ago -
Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat
The chip designer beat expectations for both its revenue segments.Business - MarketWatch - Yesterday -
Affirm sees booming buy-now-pay-later growth, but stock dips after earnings
The company is seeing more of its business shift toward interest-bearing products.Business - MarketWatch - 19 hours ago -
Baby dead and 65 rescued in Channel sinking
Officials said the overloaded boat carrying migrants started sinking off the coast of Wissant in northern France.Top stories - BBC News - October 18 -
Three dead after migrant boat sinks in Channel
Forty-five people have been rescued with a search operation ongoing, maritime authorities said.Top stories - BBC News - October 23 -
Osimhen double as Galatasaray sink 10-man Spurs
Tottenham Hotspur's perfect Europa League start ended as they lost 3-2 at Galatasaray on Thursday with Victor Osimhen scoring twice for the hosts and Will Lankshear netting his first goal for Spurs ...Sports - ESPN - 22 hours ago -
Chelsea break record with 8 goals to sink Noah
Chelsea set a UEFA Conference League record with an emphatic 8-0 win over Armenian side FC Noah at Stamford Bridge on Thursday.Sports - ESPN - 6 hours ago -
Unions: Support automation that helps workers without sinking them
A far better approach would be to ensure that automation benefits workers, not just providing stratospheric gains for shareholders and executives.Politics - The Hill - October 16 -
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Rasmus Højlund seals Manchester United comeback win over Brentford
Rasmus Højlund’s winner was a strike of certifiable skill and brings a calmer vibe to Erik ten Hag and his troubled Manchester United after they claimed three points for the first time since the ...World - The Guardian - October 19 -
Curtis Jones strikes to sink Chelsea and reclaim top spot for Liverpool
Contenders or pretenders? It was a legitimate question to ask of Liverpool given their almost flawless start under Arne Slot and the wait for their first serious Premier League test. Old Trafford ...World - The Guardian - October 20