Dexcom, Coursera, Deckers Outdoor, and Others
Linked media – Associated media Here are some stocks that experienced significant movements in after-hours…
Dexcom, Coursera, Deckers Outdoor, and Others
Linked media – Associated media Here are some stocks that experienced significant movements in after-hours trading: Dexcom Dexcom shares jumped following the release of their quarterly earnings report, which surpassed Wall Street’s expectations. The company, known for its continuous glucose monitoring systems, reported stronger-than-anticipated revenue growth, driving investor optimism and pushing the stock up by…
Stellantis Reports Significant Drop in First-Half Profits Amid Weak U.S. Sales
Connected media – Linked media Stellantis, the multinational automaker behind brands like Jeep, Dodge, and Chrysler, announced a 48% decrease in net profit for the first half of 2024, primarily due to declining sales and production issues in the U.S. market. The company reported a net profit of €5.6 billion ($6.07 billion) for the first…
Corey LaJoie to Depart Spire Motorsports After 2024 Season
Connected media – Related media Corey LaJoie, currently ranked 28th in the NASCAR Cup Series standings, will not be returning as the driver of the No. 7 Spire Motorsports car following the conclusion of the 2024 season. LaJoie, who has a contract with Spire Motorsports for next year but is now free to explore other…
Why a Historically Reliable Recession Indicator May No Longer Be Accurate
Linked media – Linked media Wall Street’s most trusted recession indicator began signaling trouble in 2022 and hasn’t stopped since, yet it has been incorrect at every turn so far. The yield on the 10-year Treasury note has been lower than many shorter-term bonds, a scenario known as an inverted yield curve, which has historically…
Ford Reports Significant Revenue Drop Due to Warranty Issues
Linked media – Associated media DETROIT — Ford Motor Company fell significantly short of Wall Street’s expectations for second-quarter earnings, despite surpassing revenue forecasts, due to longstanding warranty issues that have plagued the automaker. Here is how the company performed compared to analysts’ estimates surveyed by LSEG: Earnings per share: 47 cents adjusted vs. 68…
76ers Sign Paul George, Secure Maxey Extension, Set Championship Aspirations
Linked media – Connected media PHILADELPHIA — Tyrese Maxey has been patient. Despite uncertainties, he waited, and now the Philadelphia 76ers have rewarded him handsomely. A year ago, the 76ers asked Maxey to delay signing a contract extension, promising that it would be worth the wait. At the time, Maxey was not yet an All-Star and…
Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook
Linked media – Associated media Federal Reserve Chair Jerome Powell will address the Economic Club of Washington, D.C., on Monday, providing insights into the central bank’s interest rate policy and the broader economic landscape. Powell will engage in a discussion with David Rubenstein, president of the Economic Club and co-founder of The Carlyle Group. This…
Alphabet Meets Earnings Targets but Falls Short on YouTube Ad Revenue
Connected media – Associated media Google’s parent company, Alphabet, released its second-quarter results after the market closed on Tuesday, meeting analysts’ expectations for revenue and profit but falling short in YouTube advertising revenue. Following the announcement, Alphabet shares rose about 1% in after-hours trading. Here’s how the company performed compared to analysts’ estimates surveyed by…