Why Metal 3D Printing Technology Company Velo3D Shares Are Tumbling Today
Velo3D shares drop after announcing $12 million public offering of stock and warrants. To be used for working capital and debt repayment.
Lloyds Banking Plans To Cut Job In Risk Management Division: Report
Lloyds Banking Group reportedly plans to restructure risk management division, resulting in 175 job cuts. Meanwhile, the company is reportedly creating more than 100 new roles requiring more technical expertise.
BMW Charges Forward: Q1 Sees Deliveries with 27.9% Surge in Fully-Electric Vehicles
BMW delivers 594,671 vehicles in Q1, with significant growth in BEV sales and high-end premium segment. Expects double-digit growth in 2024.
Warehouse Clubs Operator PriceSmart Soars on Strong Q2, Rewards Shareholders With Special Dividend
PriceSmart reported strong Q2 results, with revenue up 13.1% and adjusted EPS of $1.31 beating expectations. It also declared a special dividend of $1.00 per share and has 54 warehouse clubs in operation.
WD-40’s Mixed Bag Of Q2: Revenue Miss, Strategic Moves, Raised EPS Outlook & More
WD-40 Co. reports Q2 revenue of $139.1M, missing consensus of $140.5M. Revenue up 7% Y/Y, gross margin improves, EPS beats estimate. FY24 EPS guidance raised, net sales outlook reiterated.
Riding The Wave: Freeport-McMoRan Receives Upgrade As Analyst Foresees Copper And Gold Boom
Analyst upgrades FCX stock to Buy with $59 PT, citing higher copper leverage, rising cash flow & material gold rev. BofA more bullish on gold & copper prices. FCX EPS est. $1.43 FY24, $2.39 FY25, $2.45 FY26.
Shock For ChargePoint – Analyst Downgrades Amid Sluggish EV Market And Rising Competition
Goldman Sachs analyst downgrades CHPT to Sell, citing slower EV sales and increasing competition. Delaney lowers price target to $1.50.
Ally Financial Gets Boost: Analyst Upgrade Predicts Less Volatility, More Growth
BofA Securities analyst upgrades Ally Financial Inc. to Buy, sees reduced earnings volatility and limited NII risk. Price target raised to $46.
Conquering Convenience: BofA’s Erica Racks Up 2B Interactions
Bank of America's virtual assistant, Erica, has had over 2 billion interactions with 42 million clients since its 2018 launch, providing personalized guidance and insights.
Salesforce & IQVIA Expand Partnership: Life Sciences Cloud Gets A Superpower Boost
Salesforce shares rise after partnership with IQVIA to develop Life Sciences Cloud for customer engagement.