Senator Elizabeth Warren of Massachusetts is garnering support among colleagues on Capitol Hill for a letter that would ask the Office of the Comptroller of the Currency (OCC) to withdraw crypto guida...
Tag: guidance
Cooper Standard Reports Second Quarter Results, Reaffirms Full-year Guidance for Adjusted EBITDA
NORTHVILLE, Mich. –News Direct– Cooper Standard Holdings Inc. Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2022. Second Quarter 2022 Summary Sale...
Lucid stock plunges after electric-vehicle maker cuts production guidance for the year
Shares of Lucid Group Inc. LCID, +4.21% fell more than 10% in after-hours trading Wednesday after the electric-vehicle maker announced a reduction in its production forecast. Lucid said it now expects...
Under Armour (UAA) Q1 2023 earnings and guidance
American multinational clothing brand Under Armour store seen in Hong Kong. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Under Armour on Wednesday cut its profit forecast for the fiscal y...
Ferrari (RACE) Q2 2022 earnings and guidance
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the sec...
Pfizer Stock Dives As Covid-Driven Beat Doesn’t Translate In Guidance
Pfizer stock tumbled Thursday after delivering a second-quarter earnings beat almost entirely on the back of its Covid vaccine and antiviral pill. X The two products, Comirnaty and Paxlovid, brought i...
Teladoc Stock Sinks on Wider Loss and Weak Guidance
Teladoc Health was falling more than 23% in premarket trading Thursday after the remote healthcare provider posted a wider-than-expected quarterly loss after recording a $3 billion impairment charge. ...
Microsoft (MSFT) Stock Advances 5% on Impressive Financial Guidance Despite Missing Estimates in Q4 2022 Results
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion. Although Microsoft Corporation (NASDAQ: MSFT) missed expectations in its Q4 2022 financial resul...
F45 Training Shares Plunge On FY22 Guidance Cut, CEO Transition, Workforce Reduction
Motley Fool Is Nikola Stock a Buy Now? Nikola (NASDAQ: NKLA) has taken investors on a wild ride over the past two years. The electric truck maker went public by merging with a special purpose acquisit...
Microsoft shares rebound on upbeat guidance
Microsoft Corporation (NASDAQ: MSFT) reported weaker-than-expected results for its Q4 on Tuesday as macro headwinds resulted in a bigger hit compared to what the management had anticipated when it dow...
Walmart cuts profit guidance as it sees slower growth due to inflation
Walmart on Monday cut its quarterly and full-year profit guidance, saying inflation was changing how its customers spend. The big-box retailer said it now expects same-store sales to rise by about 6% ...
Investors, Locked in on Lockheed’s Guidance, May Miss Their Shot
Sometimes earnings season is like hunting for a target from extremely close range — but failing to see all the other flashes further out on the radar. Investors, in other words, become so myopic...
Verizon Stock Falls Sharply on Cut to Earnings Guidance
Text size Verizon said wireless revenue growth for the year will be between 8.5% to 9.5%, lower than previous guidance. David Paul Morris/Bloomberg Verizon Communications posted second-quarter earning...
Snap plummets 26% after company misses earnings and pulls guidance
In after-hours trading on July 21, Snap’s (NYSE: SNAP) stock plummeted by 26.8% following its earnings announcement. Despite topping expectations on net user additions, the company fell short of reven...
Biogen Stock Falls Despite A ‘Fine’ Report And Guidance Raise — Here’s Why
Biogen‘s (BIIB) second-quarter report was “fine,” according to one analyst. But without an update on its strategy for life after Aduhelm, Biogen stock fell. X The company is at a tur...
Shares of Bath & Body Works fall after company lowers sales guidance, citing more cautious consumers
Bath & and Body Works entrance. Jeff Greenberg | Getty Images Shares of Bath & Body Works fell Wednesday after the company lowered its sales and earnings outlook, citing a more challenging mac...
LMT Stock: Lockheed Slashes Guidance After Earnings Miss As Defense Giants Wipe Out Ukraine Invasion Gains
Lockheed Martin (LMT) on Tuesday reported second-quarter earnings and revenue came in below analyst expectations, and the defense giant also slashed guidance. LMT stock closed flat on Tuesday after br...
Will Netflix keep losing subscribers? Investors await guidance
In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Netflix i...
Stablecoin Regulation Ramps Up Across the Globe With New BIS Guidance
Stablecoins generally must follow the same settlement rules as traditional finance, BIS said In the wake of UST, clear rules are essential, international governments agree As regulators around the wor...
BIS Committee and IOSCO issue guidance for regulation of stablecoin arrangements
The principle of “same risk, same regulation” for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for...
Polestar confirms it’s on track to meet 2022 deliveries guidance
Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle ...
Dow Jones Rallies As Fed Minutes Reveal This; EV Stock Explodes On Guidance; Apple Stock Pops| Investor’s Business Daily
The Dow Jones Industrial Average rallied out of the red after the latest Fed minutes were released. EV stock Rivian (RIVN) soared on guidance even as Tesla (TSLA) fell. Microsoft (MSFT) and Apple (AAP...
Duck Creek stock drops 20% on Soft Guidance
Duck Creek Technologies (NASDAQ: DCT) stock dropped almost 20% after the corporation trimmed its revenue guidance outlook for its full fiscal year, missing analyst consensus estimates. Duck Creek reco...
Micron shares holding up despite weak guidance: ‘stock is cheap’
Micron Technology Inc (NASDAQ: MU) is holding its own in extended trading even after the chipmaker said its current quarter results will come in significantly below the Street estimates. It, however, ...
Semiconductor Stocks Brace For Guidance Cuts With Q2 Reports
When chip companies report June-quarter earnings starting next month, many Wall Street analysts expect them to offer a lower outlook than previously expected for the rest of the year. Semiconductor st...
Powell: Congress to Receive Guidance from Federal Reserve on CBDC
U.S. Federal Reserve Chair Jerome Powell said Congress will eventually receive guidance from the Fed on how it could implement a central bank digital currency (CBDC). Speaking before the U.S. House Co...
How to effectively launch a trading campaign with the Guidance of Bitcoin Prime?
A kind of efficient redirecting of resources is what’s required most in life. Except if something could be thought to work in general, it is inclined to lose significance, and such a scenario is never...
Twilio Stock Tumbles After Guidance Falls Short. Analyst Cuts Rating.
Text size Twilio stock has performed far worse than the Nasdaq Composite this year. Dreamstime Twilio reported better-than-expected earnings, but the company forecast less revenue than expected for it...