Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Famed investor Carl Icahn believes the U.S. economy is in trouble becaus...
Tag: guidance
Federal Reserve Takes Bold Move to Protect Banks from Crypto with Enhanced Guidance and Supervision
In recent years, the rise of cryptocurrency has caused a lot of excitement and controversy in the financial world. While some see it as the future of money, others warn of its potential dangers, parti...
GE Stock Pops As General Electric Maintains 2023 Guidance, Offers Long-Term Outlook For Aerospace Pure-Play
General Electric (GE) reaffirmed 2023 financial guidance early Thursday while offering its first long-term growth outlook for its aviation business. GE stock rose near a buy point in early Thursday tr...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
Medical Scrub Disruptor FIGS Posts 12.6% Sales Growth in Q4, Issues 2023 Guidance
By Exec Edge Editorial Staff Santa Monica-based medical apparel maker FIGS, Inc. reported a jump in revenue thanks to more orders from existing and new customers. The company, which went public in ear...
Nio Losses Could Widen After Deliveries Missed Initial Guidance
Key Takeaways Nio is expected to post an adjusted loss per share of 1.38 yuan ($0.20) for Q4 2022, compared with a 1.07-yuan loss a year earlier. Nio’s revenue likely grew by more than 75% to 17...
IMF Board Offers Guidance for Developing Effective Crypto Policies – Regulation Bitcoin News
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypt...
IMF Provides Guidance On Crypto Policies, Says Crypto Assets Should Not Be Legal Tender
The International Monetary Fund (IMF) has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies. According to a press releas...
Lantheus Shares Jump On Upbeat 2023 Guidance, Q4 Earnings Surpass Expectations
Lantheus Holdings Inc (NASDAQ: LNTH) reported Q4 revenue of $263.2 million, compared with $129.6 million for the fourth quarter of 2021, representing an increase of 103.1% Y/Y, beating the consensus o...
PANW Stock: Palo Alto Earnings Handily Beat Views, Guidance Mixed
Palo Alto Networks (PANW) on Tuesday reported fiscal second-quarter earnings and revenue that topped Wall Street targets. PANW stock climbed as growth in next-generation, annual recurring revenue fro...
Should you buy Home Depot stock despite conservative guidance?
Home Depot Inc (NYSE: HD) is trading down on Tuesday after reporting weaker-than-expected sales for its fiscal fourth quarter. Home Depot issues conservative guidance The stock is taking a hit because...
Is Deere stock a ‘buy’ after raised guidance?
Deere & Company (NYSE: DE), on Friday, said its profit more than doubled in the first quarter. Shares are up 6.0% this morning. Deere stock up on raised guidance Investors are cheering the company...
Pro: Applied Materials stock is not attractive despite upbeat guidance
Applied Materials Inc (NASDAQ: AMAT) is trading slightly up in extended hours after reporting its financial results for the first quarter that topped Street estimates. Applied Materials stock up on so...
SNPS Stock: Synopsys Falls On Weak Guidance
Chip design software maker Synopsys (SNPS) late Wednesday delivered better-than-expected earnings on in-line sales for its fiscal first quarter. But it guided lower than views for the current quarter....
Cisco Stock Rallies on Earnings and Guidance Beat
Cisco Systems shares are trading sharply higher in late trading Wednesday after the networking equipment provider posted solid results for its fiscal second quarter ended Jan. 28, while sharply increa...
Cisco’s upbeat guidance suggests all is ‘going really well for them’
Shares of Cisco Systems Inc (NASDAQ: CSCO) jumped about 8.0% in extended trading after the networking equipment company reported market-beating results for the holiday quarter. Cisco stock up on raise...
A New Guidance is Announced for South Korea’s Crypto Firms
South Korea, mostly famous for its K-pop industry, framed guidance that defines which type of digital assets will come under securities in the country. The Financial Services Commission (FSC) said tha...
IRS finally provides late guidance on state stimulus checks
Most taxpayers in the 21 states that sent out stimulus checks or tax rebates in 2022 don’t need to pay taxes on those payments on this year’s federal tax return, the Internal Revenue Service announced...
Stock tanks 30% after Q1 2023 guidance miss
Lyft (LYFT) reported its Q4 2022 earnings on Feb. 9 after market close. The stock plummeted 30% in after-hours trade following the release. The San Francisco-based company beat on key metrics, includi...
Lyft stock tanks 30% on weak guidance: buy on the sell-off?
Shares of Lyft Inc (NASDAQ: LYFT) crashed over 30% in extended trading on Thursday after the ride-hailing company cited “seasonality” and issued weak guidance for its current financial quarter. Is it ...
PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike
PepsiCo Inc. PEP, +1.12% said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjuste...
23andMe stock jumps more than 12% on raised 2023 guidance
Shares of 23andMe Holding Co. ME, -0.40% rallied more than 12% in the extended session Wednesday after the genetics company raised guidance for 2023. 23andMe lost $92 million, or 20 cents a share, in ...
VRTX Stock: Guidance Upbeat After Quarterly Profit Beat, Sales In Line
Vertex Pharmaceuticals (VRTX) offered an upbeat outlook Tuesday for its bread-and-butter cystic fibrosis medicines, but VRTX stock fell on sales that just met forecasts. X During the December quarter,...
South Korea Establishes Guidance for Regulating Digital Assets as Securities
South Korea has issued guidelines that specify the categories of digital assets that will be treated as securities in the nation and subject to the country’s securities regulations. The Financia...
Pro says ‘Take-Two shares are attractive’ despite weak guidance
Take-Two Interactive Software Inc (NASDAQ: TTWO), on Monday, reported weaker-than-expected results for its fiscal Q3 and lowered its guidance for the future. Shares are still keeping their own in afte...
South Korea issues guidance on security tokens, details inside
South Korea’s financial regulator has issued a set of guidelines outlining which types of digital assets will be considered and regulated as securities in the country. By amending its Electronic Secur...
South Korea issues guidance on security tokens, STOs
South Korea’s Financial Services Commission (FSC) issued guidance on the regulation of security tokens and their issuance on Feb. 6. According to the regulator, digital assets that fit the chara...
South Korean regulator provides guidance on security tokens
South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the country. In a press release, the Financial Services Commission (FSC)...
TEAM Stock: Atlassian Revenue Guidance Snuffs Out 2023 Rally
Atlassian stock tumbled after the software maker reported December-quarter earnings that topped estimates but the company’s revenue outlook for TEAM stock met expectations. Management pointed to...