Posts with tag: society
Hims & Hers (HIMS) stock plunged 26% on Tuesday despite a better-than-expected Q4 report, as investors worry about potential revenue loss from discontinued compounded weight-loss drugs. CFO Yemi Okupe downplayed these concerns, highlighting the company's diversified revenue stream and strong outlook for 2024, but Wall Street remains cautious amid industry-wide changes in semaglutide availability.
Published on: February 25, 2025, 05:01 PM UTC
Eastern European assets rally halted as Trump comments shatter hopes for Ukraine peace deal
Published on: February 20, 2025, 12:04 PM UTC
Carvana (CVNA) defies estimates with revenue and profit beat but faces post-market pullback after hitting a 52-week high. Despite growing 32% YoY, revenue falls short of Q3 and shares dip in after-hours trading.
Published on: February 20, 2025, 12:02 AM UTC
S&P 500 sets record as inflation eases, Fed rate cut odds shift. Alibaba, Walmart earnings, Fed minutes, and AI stocks in focus this week. Markets closed for Presidents' Day Monday.
Published on: February 17, 2025, 01:03 PM UTC
Airbnb's stock surged over 14% after saying it wants its app to be the go-to place for all travel and living needs, similar to Amazon. The company plans to launch new businesses adjacent to travel each year, investing $200-$250 million. Despite strong Q4 earnings, analysts remain cautious due to potential margin compression and execution risk with new ventures.
Published on: February 14, 2025, 08:02 PM UTC
Education nominee Linda McMahon vows to continue the Public Service Loan Forgiveness program despite GOP criticism and potential pressure from within the Trump administration to end it.
Published on: February 13, 2025, 08:00 PM UTC
Scorpio Tankers reports Q4 earnings of $68.6 million, beating analysts' estimates but missing revenue forecasts. For the year, the company reported profit of $668.8 million and revenue of $1.21 billion.
Published on: February 12, 2025, 11:05 PM UTC
Reddit earnings expected after hours Wednesday, with analysts projecting growth in advertising revenue and daily active users. The stock has outperformed tech peers thanks to its AI partnerships and focus on international expansion.
Published on: February 12, 2025, 08:01 PM UTC
NYSE to Open Electronic Securities Exchange in Dallas, Reincorporating NYSE Chicago as NYSE Texas
Published on: February 12, 2025, 07:04 PM UTC
Trump's actions as president aim to cut spending and finance tax cuts. Targets include foreign aid, healthcare, and even eliminating the penny, while increasing tariffs and exploring budget reductions with efficiency czar Elon Musk. These moves face challenges from congressional limits, market concerns, and legal hurdles, testing the limits of libertarianism in government.
Published on: February 11, 2025, 02:03 PM UTC