GameStop Reported Net Loss of $50.5M for Q1 2023
Shares of video game retailer GameStop (GME) fell nearly 20% shortly after its Q1 earnings report.
June 8, 2023
2344
Stocks
Walgreens shares tumbled 7% premarket today after the company missed earnings estimates and slashed its full-year outlook, citing “challenging consumer and macroeconomic conditions.” Walgreens Boots Alliance’s Q3 non-GAAP EPS of $1.00 missed expectations by $0.07.
June 27, 2023
2330
2344
Macy’s Spooked Investors by Uncharacteristically Pessimistic Guidance
Macy's beat Wall Street profit expectations today, on June 1, but substantially lowered its FY guidance after a sharp drop in sales of non-core staples in March.
June 1, 2023
2324
Apple Announces Multi-Billion Dollar Deal with Broadcom
Apple Inc.’s (AAPL) shares are dropping 0.57% on today’s late premarket trade, while Broadcom’s (0YXG.L) one’s are easing by 0.46% after Apple Inc. announced a new multi-year, multibillion-dollar partnership with Broadcom Inc. focused on developing high-frequency components for 5G, including FBAR filters and "advanced wireless connectivity components."
May 23, 2023
2344
Walmart Just Delivered Uncharacteristically Strong Quarterly Sales and Earnings Numbers
In Q1 2023, Walmart (WMT) reported consolidated sales of $152.3 billion, up 7.6% on an annual basis, with comparable sales at Walmart U.S. up 7.4% and sales of e-commerce delivery options up a whopping 26%.
May 18, 2023
2323
Caterpillar Q1 2023 Sales up 16.9 Percent to $15.9 billion, Stock Rises
Caterpillar (CAT) announced earlier today, on April 27, that its revenue for Q1 of fiscal 2023 rose 16.9% YoY to $15.9 billion.
April 27, 2023
2385
Shares of Delta Air Lines (DAL) rose on Thursday after Delta Air Lines Said its Q2 Outlook “Strong”
The airline shares rose 3.2% in Thursday’s late premarket trading.
April 13, 2023
2388
Azerbaijan Airlines Confirms Order with Airbus for 12 A320Neo Jets
Azerbaijan Airlines (AZAL), has confirmed that the airline has placed an order with Airbus for 12 A320neo jets.
April 6, 2023
2374
Alibaba’s Sensational Divestiture – How Much is the Group’s Value?
Alibaba’s (BABA) shares keep rising on the news of the company’s divisions’ split-up, but, contrary to common speculation that the move was due to the Group’s precarious financial situation, in reality, it demonstrates exactly the opposite.
March 30, 2023
2361
Novartis Shares Rise 6.5 Percent as Breast Cancer Drug Delivers Optimistic Results
Novartis shares rose more than 5% during Monday's trading session after the company announced that its breast cancer drug Kisqali performed well in recent trials.
March 27, 2023
2488
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