Super Micro Computer Highlights Another Busy Earnings Calendar; Amazon Stock Strong Ahead Of Results
It's been a tame pullback so far for Amazon stock ahead of earnings, but the same can't be said for Super Micro Computer.
It's been a tame pullback so far for Amazon stock ahead of earnings, but the same can't be said for Super Micro Computer.
As the Commonwealth Bank boss announced a profit slide, he said one thing was providing a “tailwind” for the Australian economy.
Baby boomers are heading into retirement at record numbers. If you need more money to sock away for retirement, here are some frugal habits that can help.
Homeowners will be desperately hoping inflation gets under control so they can get some mortgage relief.
All nine members know that interest rates, currently at 5.25%, will have to be cut in the coming months. After all, high interest rates represent a brake on the economy and it's becoming clear that keeping the brake pedal down is causing economic pain. For Bank insiders, the fact that the rate at which the consumer price index is rising each year is about (at least according to their forecasts) to hit 2% is a mark of success.
Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Labor wants to change the way student loan is indexed and while it'll be welcome relief for many, some say it's just the tip of the iceberg.
Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The lowered forecast marks the latest downbeat report from the gaming industry, which has laid off hundreds of employees and shut studios this year to cope with declining demand. Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion.
"Would you rather look rich or be rich?" Jaspreet Singh began one of his most popular YouTube videos with this question. Then he shared five signs that you may look rich, but aren't actually wealthy....
Ingredion ( NYSE:INGR ) First Quarter 2024 Results Key Financial Results Revenue: US$1.88b (down 12% from 1Q 2023). Net...
Crocs, Inc. (NASDAQ:CROX) Q1 2024 Earnings Call Transcript May 7, 2024 Crocs, Inc. beats earnings expectations. Reported EPS is $2.5, expectations were $2.22. CROX isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Crocs, Inc. […]
(Bloomberg) -- China is considering a proposal to exempt individual investors from paying dividend taxes on Hong Kong stocks bought via Stock Connect, according to people with knowledge of the matter.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownRegulators including the China
The dollar weakened against most currencies on Thursday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded from earlier lows after the Bank of England opened the door for an interest rate cut. Market participants have looked towards a softening labor market as a sign that consumers will begin to slow spending and in turn help cool inflation. "We did have a knee-jerk reaction in yields and the dollar lower this morning after the jobless claims number came in above expectations," said Karl Schamotta, chief market strategist at Corpay in Toronto.
The styles will be available in the second half of the year.
A strong earnings season and blockbuster reports from tech industry titans fueled a U.S. stock market rebound from the first real swoon of 2024. Next week’s inflation data could determine whether the good vibes continue. Still, some investors worry the rally could stall without evidence that inflation is cooling again.
(Bloomberg) -- Novavax Inc. shares surged after the company signed a $1.2 billion licensing agreement with Sanofi that includes commercializing a combined Covid-19 and flu shot. Most Read from BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsElon Musk Pledges to Grow Supercharger Business He Just DecimatedAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovavax Soars on $1.2 Billion Sanofi Vaccine Licensing
Key Insights Galenica's significant retail investors ownership suggests that the key decisions are influenced by...
As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Try This: Retired But Want To Work? Try These 10...
With very few exceptions, cars are guaranteed to lose value and waste your money. You may love your car, but there's no reason to overspend on a depreciating liability, especially when all other goods...
David Bach is a financial advisor and author who created the popular 'Finish Rich' book series. He uses his expertise to help people save money and prepare for better financial futures. Read: 10...