(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Phibro Animal Health (PAHC) reported solid results for fiscal 2023 with Q2 net...
Tag: quarterly earnings
Robinhood, Carvana And More—These Stocks Are Surging After Announcing Cost Cuts
Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic ...
U.S. And Chinese Stocks Plunge As Tensions Escalate Before Pelosi’s Visit To Taiwan
Topline Global stocks tanked ahead of House Speaker Nancy Pelosi’s planned visit to the democratically governed island of Taiwan on Tuesday, a move which has led to rising tensions with China and that...
Netflix Revenues Up, Subscribers Down, But Not As Much As It Warned
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Netflix beat its own gloomy guidance for second-quarter subscriber additions, but still lost nearly 1 million subscribers,...
Dow Rebounds 500 Points, Analysts ‘Cautiously Optimistic’ After More Solid Earnings
Topline The stock market surged Tuesday, recouping losses from the previous session, as investors cheered another round of solid quarterly earnings results from corporate America despite inflationary ...
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
Topline The stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from big banks provided further clues about the health of the economy, with investors now ...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
Topline The stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding to already widespread recession fears as investors believe t...
Wall Street Firms Slash S&P 500 Price Targets As ‘Concerned’ Analysts Warn Of Earnings Slowdown
Topline A handful of Wall Street’s biggest firms are slashing their S&P 500 forecasts for the year, predicting lower stock market returns thanks to a difficult quarterly earnings season ahead as c...
Walmart and Target Miss Quarterly Earnings Estimates, Dramatically
Quarterly quandary: Long on sales, short on profits Getty Images These are “Strange days indeed,” to quote John Lennon. Inflation rates are at a 40-year high yet based on the most recent April spendin...
Target and Walmart Foot Traffic Data Suggests Strong Q1 Results
Ahead of next week’s quarterly reporting for discounters Target and Walmart, Placer.ai is reporting … [+] some impressive year-over-year foot traffic. Will it check out? Getty Images Major...
Dow Plunges 800 Points Ahead Of Big Tech Earnings
Topline The stock market tanked on Tuesday, adding to already significant losses so far this month amid ongoing concerns about an economic slowdown, while investors dumped shares of Big Tech stocks ah...
Dow Drops Over 300 Points, Yields Surge After Powell Signals Bigger Rate Hikes Starting In May
Topline The stock market reversed gains and moved lower on Thursday following comments from Federal Reserve Chair Jerome Powell, who signaled aggressive interest rate hikes ahead while all but confirm...
Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers
Topline Despite a decent start for earnings season, Wall Street experts are increasingly warning that corporate profits are likely to take a hit as inflation remains a “headwind” to economic growth an...
Target Gaps Higher On A Positive Reaction To Quarterly Earnings
(Photo by Scott Olson) Getty Images Target TGT beat earnings expectations before the opening bell on Tuesday, March 1. Shares gapped higher as the pandemic resulted in an increase in customers. Fourth...