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Meta continues to burn through cash for its flailing metaverse and vr project, which lost $3.7 billion in the 3rd quarter
Mark Zuckerberg's metaverse division, Reality Labs, lost $3.7 billion in the third quarter. Meta's recent earnings, posted Wednesday, shows its VR a...
Pfizer, biontech say flu-covid shot generates immune response
Pfizer and German partner BioNTech said on Thursday that their vaccine to prevent flu and COVID-19 generated a strong immune response against the viru...
Kenvue's stock slides premarket as company reports slow start to flu and cold season
Kenvue Inc.'s stock KVUE, -1.25% fell 2.4% in premarket trade Thursday, after the company posted in-line third-quarter earnings but tightened its full...
Northrop grumman beats profit and revenue estimates
Northrop Grumman Corp. NOC, +1.01% said Thursday its third-quarter profit beat analyst expectations as revenue increased by $800 million from the year...
Similarweb to announce third quarter 2023 financial results on november 7, 2023, after market close
TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, today announced it will release thi...
Sinopec q3 net income up 34% on yr on refinery output growth
China's Sinopec Corp on Thursday reported a 34% rise in third-quarter net profit to 17.86 billion yuan ($2.44 billion) as higher refinery output and s...
Vf corp. is under second activist attack
VF Corp. Is Under Second Activist Attack Legion Partners Asset Management has now directed its focus on VF Corp....
Why procter & gamble might be done raising prices
P&G is expecting a benefit from falling commodity prices this year. Watch sales volumes for a potential rebound ahead....
Cannabis industry news for marijuana stock investors
When it comes to the cannabis industry rules regulations and legislation are the framework of the sector. In 2023 there has been a continued effort to...
Boston scientific posts better-than-expected q3 earnings
Boston Scientific Corp. BSX, -1.90% posted better-than-expected third-quarter earnings early Thursday and raised its full-year guidance. The medical t...
Medical equipment maker west pharmaceutical raises 2023 profit forecast
Medical equipment maker West Pharmaceutical Services on Thursday raised its 2023 adjusted profit forecast for a third time, benefiting from a stronger...
Tbil: cash is king in a liquidity constrained market
'Cash' instruments like the US Treasury 3 Month Bill ETF have outperformed other assets since July 31, 2023. This is partly because the Treasury's fun...
Boston scientific beats quarterly profit estimates on strength in heart devices unit
Medical device maker Boston Scientific topped Wall Street expectations for third-quarter profit on Thursday, helped by a resilient demand for its hear...
Meta stock's bad run continues, with its market value wipeout deepening to $60 billion on execs' warning of an advertising slowdown
Meta Platforms shares dropped in Thursday's 3% premarket despite an earnings beat. The Big Tech giant beat analysts' forecasts, but execs warned of a ...
Merck results beat expectations on strong keytruda, gardasil and covid drug growth
Merck's revenue and earnings beat expectations, and it hiked its sales forecast while lowering its profit outlook....
Kenvue reports higher q3 revenue on self-care products strength
Kenvue on Thursday reported higher third-quarter revenue, owing to strong demand for its self-care and skincare products such as Tylenol and Neutrogen...
Valero tops profit estimates in strong start to u.s. refiner earnings
Refiner Valero Energy beat analysts' estimates for third-quarter profit on Thursday, powered by sustained fuel and refined products demand against the...
Southwest airlines profit falls, expects higher deliveries from boeing in 2023
Southwest Airlines reported a third-quarter profit on Thursday that fell about 30% on soaring labor and fuel costs and the budget carrier said it expe...
Merck 3rd-quarter profit tops expectations on covid pill surprise
Merck & Co on Thursday reported higher-than-expected third-quarter sales and profit on surprisingly strong demand for its COVID-19 treatment, primaril...
Hasbro cuts annual sales outlook on weaker toy business
Hasbro cut its annual revenue forecast for the second time on Thursday, joining rival Mattel in warning of choppy toy sales into the crucial holiday q...
Merck third-quarter results beat estimates, boosted by cancer drug and vaccine growth
Merck & Co. on Thursday reported third-quarter results that topped analysts' expectations, powered by growth in oncology and vaccines....
We're 'very pleased' with our results, says novozymes ceo
Ester Baiget, CEO of Novozymes, discusses the company's third-quarter earnings....
We think europe is heading for a recession 'imminently,' abrdn analyst says
Thomas Watts of Abrdn explains why the firm is "slightly more bearish" than the consensus....
Ready for the utilities rebound? here are the best picks
The business cycle is dislocating sectors left and right. Just a couple of years ago, it seemed that no matter which one you looked at, they all beat�...
3 top-notch dividend stocks that just raised their payouts to record highs
Between a proposed acquisition and the stock's inexpensive valuation, ExxonMobil looks enticing right now. Investors are getting a rare opportunity to...
Lkq raises quarterly dividend by 9% to 30 cents a share
Car parts maker LKQ Corp. LKQ, -0.74% said Thursday its board has raised its quarterly dividend by 9% to $30 cents a share. The new dividend is payabl...
Boeing exec says this is the most complex environment for business operations since world war ii
Brendan Nelson AO, senior vice president at the Boeing Company, cites supply chain disruptions, the climate crisis and the labor market as challenges....
2 reasons investors should buy and hold meta stock forever
Meta Platforms (NASDAQ: META ) stock delivered a solid second quarter, posting a 16% rise in net income and 11% growth in advertising revenue, its pri...
Ring: the advantage of a no-frills gold miners etf
The iShares MSCI Global Gold Miners ETF invests across a portfolio of gold mining stocks with a focus on active producers with unhedged exposure. RING...
Intel is playing catch-up in the ai race
Chip maker Intel is in catch-up mode on AI. It's working with consulting firms to help customers build ChatGPT-style apps, The Information reported....
You'll want in on these consumer staples after reading this
When optimism takes over the masses, you can bet your bottom dollar that herd behavior will cause investors and markets to follow into hype-related st...
Nvda stock analysis: why it may be time to sell nvidia now
I am seriously thinking of selling my tiny stake in Nvidia (NASDAQ: NVDA ) stock. One reason is personal....
Ai stocks: why moving on from palantir is the best move
Palantir's (NYSE: PLTR ) stock had a direct listing in 2018 that drew attention because of the company's background and ambitious goals. Funded by the...
Ups stock falls toward a 3-year low after revenue miss, lowered outlook
Shares of United Parcel Service Inc. UPS, -1.60% dropped 5% toward a three-year low in premarket trading Thursday, after the package delivery giant re...
2 ultra-high-yield real estate stocks to buy hand over fist and 1 to avoid
Community Healthcare Trust's high-yielding dividend is very healthy. EPR Properties can easily support its big-time monthly dividend....