General Archives - Page 64 of 2367

2 minute read

Uber Prepares For Paris Olympics With Free Cruises And Discounts

May 29, 9:40 AM

Uber Technologies Inc (NASDAQ: UBER) is introducing "Uber Cruises," offering free Seine river cruises from July 12 to August 3, and "Uber Bubbles," a champagne tasting day trip, during the Paris Olympics. To support these initiatives, Uber plans significant investments in driver incentives and rider discounts. The company expects to have 40,000 drivers available, aiming to accommodate the surge of over 15 million visitors

FDRV

1 minute read

Elon Musk Slams Joe Biden, Says President ‘Cares A Lot More About Whether Tesla Is Unionized’ Over EV Maker’s Environmental Impact

By Benzinga Neuro

May 29, 9:28 AM

Musk's comment adds to the ongoing tension between Tesla and the Biden administration.

TSLA

2 minute read

From Campus To Catwalk: Abercrombie & Fitch Soars With Q1 Earnings Leap And Raised Forecasts

By Shivani Kumaresan

May 29, 9:17 AM

Abercrombie & Fitch shares surged after reporting a 22% year-on-year sales increase to $1.02 billion in Q1 FY24, surpassing analyst estimates. Adjusted EPS of $2.14 also beat expectations. The company raised its FY24 net sales growth outlook to 10% and operating margin to 14%. CEO Fran Horowitz attributed the success to strong assortments and marketing.

ANF

2 minute read

Why This Approach Has Been Crushing The Market Recently: Getting Better Entries Into Volatile Names And Finding The Best Ways To Hedge Them

By David Pinsen

May 29, 9:14 AM

Another One Laps The Market In a post last week ("From The Viewpoint Of Calamity"), we mentioned that one of our hedged portfolios from mid-November more than doubled the performance of the SPDR S&P 500 Trust ETF (ARCA:SPY) over the next six months.

AFRM

2 minute read

Top Food Delivery Giants Like DoorDash, Deliveroo Report Over $20B In Losses Since Going Public Amid Challenging Economic Climate

By Benzinga Neuro

May 29, 8:59 AM

The companies, which experienced exponential growth during the pandemic, are now contending with a more challenging macroeconomic environment that has adversely impacted consumers.

DASH

1 minute read

Mira Pharmaceuticals Announces That The DEA Has Ruled ‘MIRA-55 Not Classified As A Controlled Substance’

By Benzinga Newsdesk

May 29, 8:54 AM

Ruling removes potential complications for manufacturing, pre-clinical development, IND submission, clinical development, and ultimately commercialization.MIAMI, May 29, 2024 /PRNewswire/ -- MIRA Pharmaceuticals, Inc.

MIRA

2 minute read

What’s Going On With NIO Stock Wednesday?

By Nabaparna Bhattacharya

May 29, 8:48 AM

On Wednesday, NIO shares trade lower premarket, amid 30% loss in six months, and BofA Securities analyst lowering price target to $5.9.

BYDDF

2 minute read

CareDx Responds To Natera’s Filing Of A Motion For An Injunction Related To Patent 11,111,544; CareDx Informed Natera And The Court, Since August 2023, CareDx Has Utilized A New Allosure Process That It Believes Does Not Infringe On The ‘544 Patent.

By Benzinga Newsdesk

May 29, 8:31 AM

CareDx Reiterates Position that it Does Not Infringe Natera's ‘544 PatentInjunction Motion has No Impact on CareDx's Business or Patient and Clinician Access to AlloSure or AlloMapCareDx, Inc. (NASDAQ:CDNA) – The

CDNA

1 minute read

Dick’s Sporting Goods Scores Big: Surpasses Q1 Expectations And Boosts Full-Year Forecast

By Shivani Kumaresan

May 29, 8:18 AM

Dick's Sporting Goods shares surged after reporting better-than-expected Q1 FY24 earnings and boosting its outlook. Sales grew 6.2% to $3.02 billion, beating estimates, with comparable store sales up 5.3%. Adjusted EPS of $3.30 surpassed the $2.95 consensus.

DKS

1 minute read

Amid Ozempic’s ‘Miracle’ Weight-Loss Craze, This Company Peaked Over 100% In Tuesday Pre-Market After Receiving Approval For Obesity Treatment

By Pooja Rajkumari

May 29, 7:49 AM

The approval comes at a time when global demand for weight loss drugs like Ozempic and WeGovy is increasing.

RSLS