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Joann (joan) loss widens in q2, e-commerce sales increase y/y

JOANN's (JOAN) Q2 results reflect a decline in comparable sales. Nonetheless, the metric improves on a sequential basis....

August 29, 2023, 12:46 pm

Big lots stock soars as 2q loss better than feared

Big Lots Inc shares surged 30% to $8.14 in late-morning trading on Tuesday after the furniture and home decor retailer saw its second-quarter 2023 ad...

August 29, 2023, 12:08 pm

China's in the spotlight as nio falls, pdd jumps

U.S. stock markets looked prepared for a quiet open on Tuesday. Nio reported substantial declines in revenue and widening losses....

August 29, 2023, 8:52 am

Nio reports wider second-quarter loss amid china slowdown and product-line revamp

Nio's second-quarter loss widened from a year ago, as it overhauled key products amid an economic slowdown in China. But deliveries are already reboun...

August 29, 2023, 8:16 am

Nio stock falls after losses widen and revenue falls more than forecast

Shares of Nio Inc. slipped Tuesday, after the China-based electric vehicle maker reported second-quarter results that missed expectations but provided...

August 29, 2023, 6:37 am

Pboc is expected to set the usd/cny reference rate at 7.2854 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 29, 2023, 12:25 am

Modelo especial widens sales gap over bud light in wake of dylan mulvaney fiasco

Retailers are devoting more shelf space to Modelo Especial at the expense of Bud Light....

August 28, 2023, 4:24 pm

Pboc is expected to set the usd/cny reference rate at 7.2854 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 28, 2023, 12:26 am

Pboc is expected to set the usd/cny reference rate at 7.2923 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 25, 2023, 12:21 am

Pboc is expected to set the usd/cny reference rate at 7.2791 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 24, 2023, 1:01 am

Pboc is expected to set the usd/cny reference rate at 7.3050 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 23, 2023, 12:20 am

Yen selloff slows, but remains vulnerable

Yen’s selloff experienced a mild respite during the Asian session, bolstered by a spike in 10-year JGB yield that touched its apex since 2014. Howev...

August 22, 2023, 6:10 am

Riot's exponential growth in 2023: unveiling its promising trajectory

Riot's extremely low costs are leading to widening margins.  With plans to add more miners and build new facilities, Riot's production will only incr...

August 22, 2023, 5:45 am

Bnp on the sliding yuan - no hard line-in-the-sand

I posted earlier on JPM on the yuan:JP Morgan says the Chinese yuan will keep on fallingBNP have a similar view on a lower RMB, saying it'll keep fall...

August 22, 2023, 2:46 am

Pboc is expected to set the usd/cny reference rate at 7.3097 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

August 22, 2023, 12:19 am

Where will roblox stock be in 5 years?

Roblox has a lot going for it these days as a targeted play on the future of the metaverse. Last quarter's widened losses aren't indicative of the com...

August 20, 2023, 9:53 am

Tesla challenger xpeng sees stock in reverse as loss widens

Chinese Tesla-challenger Xpeng Inc (NYSE:XPEV) saw its stock slide in Friday's premarket deals as it reported a wider-than-expected net loss for its s...

August 18, 2023, 7:51 am

Eurozone exports rose 0.3% yoy in jun, imports down -17.7% yoy

Eurozone exports of goods rose 0.3% yoy to EUR 252.3B in June. Imports fell -17.7% yoy to EUR 229.3B. Trade balanced recorded a EUR 23B surplus. Intra...

August 17, 2023, 9:07 am

Crinetics pharmaceuticals: paltusotine phase 3 data presented at endo

Crinetics Pharmaceuticals has shown a significant increase in R&D and administrative expenses, leading to a widening net loss trajectory. The company'...

August 17, 2023, 3:43 am

Pck: the discount to nav is not enough to remain bullish (rating downgrade)

PIMCO California Municipal Income Fund II has struggled throughout 2023 despite a widened discount to NAV. The fund's inability to attract buyers at i...

August 17, 2023, 2:50 am


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