Squarespace To See Whopping 20% Growth Over Medium Term On Pricing Tailwinds: Analyst
Mizuho analyst upgrades Squarespace to Buy, citing growth potential from Google Domains acquisition, pricing tailwinds, and increased domain traffic.
CBAK Energy Misses On Revenue Mark, Battery Business Shines Brighter
CBAK Energy Technology, Inc. reported Q1 FY24 results, with revenue up 38.7%, gross margin up to 31.9%, and net income of $9.8 million. EPS of $0.11 beat consensus. Expecting strong growth for the year.
Tesla German Gigafactory Faces Climate Protestors Friday: ‘Why Are They Not Jailed,’ Musk Asks
Planned protests at Tesla's German factory saw a rush of people trying to break in. Tesla CEO Elon Musk calls for arrests to be made.
Evolv Technologies Down 30%: What’s Going On?
Evolv Technologies shares plummet 30% after reporting Q1 results below expectations, despite a significant increase in Evolv Express subscriptions.
Ford Motor Hires Lucid Group’s Ex-CFO Sherry House – Jim Farley Bids, ‘We Urgently Build A Profitable EV Business!’
Ford Motor hires former Lucid Group CFO Sherry House, emphasizing urgent EV profitability drive, as CEO Jim Farley highlights strategic growth focus.
Victoria’s Secret Surprises with Preliminary Q1 Results: CEO Bullish Amid Tough Retail Climate
Victoria's Secret reported strong first-quarter FY24 preliminary results with adjusted EPS of $0.07-$0.12, sales growth of (3%)-(4%), and reaffirmed FY24 revenue outlook of $6 billion.
What’s Going On With Medical Therapeutic Firm Aethlon Medical On Friday?
Aethlon Medical unveils results in removing extracellular vesicles (EVs) from plasma. Preclinical evidence supports upcoming phase 1 trials for solid tumor patients undergoing anti-PD-1 monotherapy.
Sphere Entertainment’s Wild Ride: Q3 Sales Soar, Yet Fall Short Of Expectations
Sphere Entertainment reports 98% sales growth in Q3, but misses analyst estimates. Despite a staggering 98% year-on-year sales growth to $321.3 million, Sphere Entertainment Co fell short of analyst predictions, impacting investor expectations.
United Bankshares Expands Into Atlanta With Piedmont Bancorp Acquisition, Eyes $267M Deal
United Bankshares embarks on Atlanta expansion with Piedmont Bancorp acquisition, eyes $267M merger deal, reinforcing Mid-Atlantic and Southeast presence.
Consumer Sentiment Falls In May, Inflation Expectations Strongly Exceed Fed’s 2% Goal: ‘They Now Perceive Negative Developments’
The latest University of Michigan report showed a decline in consumer confidence and a worrying increase in inflation expectations, causing market reactions.