Will Earnings Cheer Continue This Week? All Eyes On Disney, Palantir, Robinhood While Reddit Gears Up For Debut Quarterly Report
According to FactSet, a financial data analytics firm, 80% of S&P 500 companies have reported earnings so far.
Tyson Foods, Spirit Airlines And 3 Stocks To Watch Heading Into Monday
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor…
Investor Optimism Improves Slightly Following Jobs Data; Dow Jumps 450 Points
The CNN Money Fear and Greed index showed slight improvement in the overall market sentiment, while the index…
Berkshire Hathaway’s Ajit Jain Cautions On Cyber Insurance Amid Risks: ‘Each Time You Write A Cyber Insurance Policy, You Are Losing Money’
Ajit Jain of Berkshire Hathaway cautions on cyber insurance, highlighting profitability and risk concerns amidst increasing market demand.
Genomics firm Twist Bioscience’s Momentum To Continue Throughout 2024, Analyst Says
Twist Bioscience reports strong Q2 earnings, with sales up 25% YoY to $75.3M and orders increasing by 45%. Gross margin expands to 41%. Fiscal year guidance was raised, and William Blair sees continued growth momentum. Analysts reaffirm Outperform ratings.
Generic Drugmaker Amneal Announces Over $270M In US Opioid Lawsuit Settlement
Amneal Pharmaceuticals settles $270 million opioid crisis agreement, offering cash and naloxone spray. Boosted by strong Q1 earnings, the company reaffirms fiscal guidance.
S&P 500 Rises Over 1%; Hershey Earnings Top Views
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 1% on…
Tetra Tech Analysts Boost Their Forecasts After Upbeat Results
Tetra Tech, Inc. (NASDAQ:TTEK) reported better-than-expected second-quarter financial results after the closing bell on Wednesday. Tetra Tech posted…
Alignment Healthcare Is ‘Differentiated With Durable Long-Term Growth Trajectory’ In Challenging Medicare Advantage Environment: Analyst Says
Alignment Healthcare earnings: EPS loss $(0.25), sales surge 43.1% to $628.6M, beats guidance. Health plan membership up 50.5% Y/Y. Q2 revenue guidance: $625M-$635M. FY 2024 sales raised to $2.495B-$2.525B. Expert outlook: Favorable Q1, stable cost trends.
Frontier’s CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
Frontier Communications Parent, Inc reported a 1.5% revenue growth and EPS beat in Q1 2024. Fiber products drove revenue while copper-based products declined.