Applied Materials Third-Quarter Results Preview
Applied Materials is set to report its Q3 results, with expectations of a decrease in net income, adjusted earnings of $1.74 per share, and revenue of $6.15 billion. Watch for updates on facilities investments, backlog status, and demand si...
The State of XPeng: Rollercoaster Ride for Investors
XPeng's second-quarter results offer crucial insights into the Chinese EV industry. Declining sales and market share loss impact investors while unexpected investment from Volkswagen provides a boost.
Mortgage Rates Rise for Fourth Consecutive Week
Mortgage rates have increased for the fourth consecutive week, reflecting a strengthening U.S. economy with slow inflation. Higher rates are impacting demand and may lead to a contraction in the housing market.
Lumentum Holdings Faces Challenges with Disappointing Guidance
Lumentum Holdings faces challenges as its stock value declines and its guidance falls short of expectations. CEO expresses confidence in company's product roadmaps.
PayPal's New CEO Faces Early Setback
PayPal's stock drops 6% after activist hedge fund Elliott Investment Management sells all shares. New CEO Alex Chriss faces challenge of restoring investor confidence.
Amazon Introduces New Fees for Third-Party Sellers
Amazon will start collecting a 2% fee on the sale of each product made by members of its Seller Fulfilled Prime Program, with a minimum charge of 25 cents per item.
Goodman Expects Operating Earnings to Rise Again in Fiscal 2024
Goodman expects a 9% increase in operating earnings per security in fiscal 2024, while maintaining a distribution of 30 Australian cents. The company's near-zero vacancy rates and strategic targeting of gateway cities contribute to its succ...
Shares of Mitek Systems sink as third-quarter results are delayed
Shares of Mitek Systems decline as the company fails to file its third-quarter results on time, potentially facing delisting from Nasdaq
TJX Cos. Surpasses Expectations and Raises Fiscal-Year Guidance
TJX Cos. has exceeded expectations in Q2 with higher sales and earnings, resulting in an upgrade to its fiscal-year outlook. Projections for same-store sales and profit margin have also improved.
Bilibili's Second-Quarter Results: What You Need to Know
Bilibili is set to release its second-quarter results, with anticipated improvements in net loss and revenue. Investors should monitor user growth, marketing expenses, and company guidance.