Valuable discoveries happen more often than you might think. And they come with a tax bill.
Schlagwort-Archiv: Markets
Macy’s shares slide as retailer says consumers will be cautious the rest of the year
Macy’s topped adjusted earnings and sales estimates, but said revenue fell year over year and reiterated a cautious forecast.
Dick’s shares fall 24% as retailer slashes outlook over theft concerns
Dick’s Sporting Goods says it’s grappling with an uptick in retail theft that contributed to a 23% drop in profits, prompting it to slash its full year outlook.
Lowe’s sticks by full-year earnings forecast despite weakening sales, as spring projects offer a boost
Lowe’s beat second-quarter earnings expectations but slightly missed on revenue.
China’s Baidu reports 15% revenue growth, beating expectations
Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter.
Zoom beats expectations and lifts full-year guidance on enterprise business strength
While the consumer part of Zoom doesn’t look as strong as it once did, the enterprise side looks robust enough for executives to raise their forecast.
Stocks making the biggest premarket moves: Palo Alto Networks, Earthstone Energy, Nvidia, VMware and more
These are the stocks posting the largest moves in the premarket.
Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on
Adyen said that many of its North American customers are cutting back on costs to weather economic pressures, like rising interest rates and higher inflation.
China’s financial regulators urge support for resolving local debt risks
China’s financial regulators called for coordinating support to resolve local debt risks, and adjusting policy for real estate loans.
Palo Alto shares rise on earnings beat, surprising investors who worried about a Friday report
Palo Alto’s better-than-expected earnings report was a relief to investors who were concerned about potentially bad numbers due to a late Friday announcement