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$Pinterest(PINS.US$ sank more than 15% after hours Tuesday after the content giant missed analyst expectations for Q3 forward guidance even as the firm beat forecasts for Q2 revenues and earnings.
PINS fell 16.2% to trade at $31.30 as of 4:30 p.m. ET after the company guided Q3 revenues at $885 million to $900 million – trailing the $909 million consensus that analysts had reportedly expected.
That took the stock down even ...
PINS fell 16.2% to trade at $31.30 as of 4:30 p.m. ET after the company guided Q3 revenues at $885 million to $900 million – trailing the $909 million consensus that analysts had reportedly expected.
That took the stock down even ...
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$Amazon(AMZN.US$ is scheduled to report second-quarter earnings after the stock market closes on Aug. 1, investors are expecting Amazon Web Service (AWS) and ad business to keep driving sales.
Consensus Estimates
● Amazon is expected to post quarterly earnings of $1.02 per share in the second quarter of 2024, which represents a year-over-year change of 57.63%.
● Revenues are expected to be $148.59 billion, up 10.58...
Consensus Estimates
● Amazon is expected to post quarterly earnings of $1.02 per share in the second quarter of 2024, which represents a year-over-year change of 57.63%.
● Revenues are expected to be $148.59 billion, up 10.58...
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What determines the rise and fall of stock markets? Some may argue that companies are the main players and their performance is the key factor. Others point to investor sentiment, supply and demand of financial products, and international events.
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
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G'day, mooers! Check out the latest news on today's stock market!
• Nvidia, Tesla, Alphabet drag US stock market lower
• Australian market opens lower, mining and tech sectors lead decline
• Stocks to watch: Macquarie, ANZ, Seek
Wall Street Summary
The $S&P 500 Index(.SPX.US$ slipped 0.2% to close at 5555.74, while the $Nasdaq Composite Index(.IXIC.US$ slid 0.06% to 17,997.35. The $Dow Jones Industrial Average(.DJI.US$ lost 0.1%...
• Nvidia, Tesla, Alphabet drag US stock market lower
• Australian market opens lower, mining and tech sectors lead decline
• Stocks to watch: Macquarie, ANZ, Seek
Wall Street Summary
The $S&P 500 Index(.SPX.US$ slipped 0.2% to close at 5555.74, while the $Nasdaq Composite Index(.IXIC.US$ slid 0.06% to 17,997.35. The $Dow Jones Industrial Average(.DJI.US$ lost 0.1%...
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Roughly a quarter of the companies in the S&P 500 are scheduled to release their second-quarter results this week. Investors will be particularly focused on updates from some of the 'Magnificent Seven', which will reveal whether the artificial intelligence (AI) trend continues.
$Alphabet-A(GOOGL.US$, the parent company of Google, is expected to report revenue of $84.3bn and net income of $23bn, or $1.85 per share, in ...
$Alphabet-A(GOOGL.US$, the parent company of Google, is expected to report revenue of $84.3bn and net income of $23bn, or $1.85 per share, in ...
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$Tesla(TSLA.US$ is set to release its second-quarter earnings report for the period ending June 30 after the market closes on July 23. Since late June, Tesla's stock has been on an upward trajectory, driven by a combination of better-than-expected delivery numbers, anticipated valuation from AI developments, and CEO Elon Musk's political positioning. The stock has rebounded 80% from its April lows.
Consensus Estima...
Consensus Estima...
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$Scholastic Corp(SCHL.US$ sank more than 10% Thursday after hours after the children's book publisher missed analyst expectations for fiscal Q4 revenues and adjusted earnings.
SCHL dropped 10.2% to $32.83 shortly before 4:30 p.m. ET after the firm reported earning $1.73 per share in the three months ended May 31. That fell short of the $2.66 in EPS that analysts' consensus estimates reportedly called for, and al...
SCHL dropped 10.2% to $32.83 shortly before 4:30 p.m. ET after the firm reported earning $1.73 per share in the three months ended May 31. That fell short of the $2.66 in EPS that analysts' consensus estimates reportedly called for, and al...
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Big money took on a $20 million bearish position on $Netflix(NFLX.US$options last week that could turn a profit as the stock price declines heading into earnings due after the market closes Thursday.
A seller wrote call options that give the holders the right to buy 400,000 Netflix shares at $640 each by Sept. 20. Those call options were sold at a price of $50.25 a share, and the trade was posted on July 11, whe...
A seller wrote call options that give the holders the right to buy 400,000 Netflix shares at $640 each by Sept. 20. Those call options were sold at a price of $50.25 a share, and the trade was posted on July 11, whe...
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