Tag: business news
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Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
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Paramount Skydance raises full-year profit guidance, remains ‘confident’ about WBD merger
Paramount Skydance reported second-quarter earnings after the bell and said it continues to prepare for its proposed merger with Warner Bros. Discovery.
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Here’s Todd Gordon’s case for why this stock market breakout is not an August head fake and is likely to continue higher
Failure of Treasury yields to push higher should open the door for continued gains in equities.
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Rep. Max Miller calls for his own ethics investigation amid domestic violence allegations
Rep. Max Miller, R-Ohio, asked the House Ethics Committee to investigate him amid allegations of domestic violence.
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Chipotle stock falls on potential link to salmonella outbreak in Minnesota
Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
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Novo Nordisk shares slide after guidance disappoints investors
Novo Nordisk raised its financial outlook as it tries to catch up with rival Eli Lilly in the booming GLP-1 market.
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SK Hynix U.S. shares will double in the next 12 months, Cantor Fitzgerald says
While Cantor is the most bullish on SK Hynix stock, it’s not alone in its zeal.
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We’re buying more of a data-center supplier that is recovering from a nasty sell-off
We upgraded our rating on the stock last week.
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Procter & Gamble will acquire supplements brand Thorne for $3.8 billion, CEO tells CNBC
P&G CEO Shailesh Jejurikar said the acquisition is play to grow the company’s health business on CNBC’s “Squawk on the Street.”
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Apple shares downgraded due to memory chip inflation
Phillip Capital downgraded the iPhone manufacturer, saying the sharp rise in memory prices will undercut that momentum.
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