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What’s Going On With Deckers Outdoor Shares After Earnings?

Deckers Outdoor reported quarterly earnings of $4.95 per share which beat the analyst consensus estimate of $2.90 by 70.69%. Quarterly sales also came in above estimates at $959.758 million. Investors appear to be so enamored with the company's quarterly earnings that they are overlooking the company's fiscal year outlook for earnings of between $29.50 and $30.00 per share, slightly below the $30.29 consensus estimate.

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Biden’s Push For Unionization Faces New Challenge In Semiconductor Industry: Report

President Joe Biden's commitment to U.S. manufacturing and labor is tested as unions eye the semiconductor industry. The Communications Workers of America (CWA) is negotiating a labor peace agreement with Micron Technology, which is investing $50 billion in New York factories. This could expand to $100 billion and 9,000 jobs. The agreement aims to prevent strikes while ensuring Micron avoids anti-union actions.

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