Pinterest Reports Higher Q4 2023 Revenue, Falls Short of Expectations
Pinterest reports higher revenue in Q4 2023 but falls short of expectations. User growth increases and the company aims for further success in 2024. Q1 forecast is slightly lower than anticipated.
Mortgage Rates Hold Steady Despite Fed's Decision
Despite the U.S. Federal Reserve's decision to keep interest rates unchanged for now and the possibility of future cuts, mortgage rates remained relatively unchanged in the most recent week. Forecasts predict that rates will decrease to aro...
Canaccord Genuity Reports Jump in Earnings
Canaccord Genuity's shares surge after reporting strong earnings due to growth in wealth management and return to profitability in capital markets.
Advanced Drainage Systems Reports Strong Third-Quarter Earnings
Advanced Drainage Systems (ADS) reports impressive Q3 earnings, surpassing analysts' expectations and experiencing sales growth, driven by strong demand in infrastructure, residential, and agriculture markets.
Supreme Court Decision on Trump's Eligibility
U.S. voters await Supreme Court's decision on Trump's eligibility for presidential ballot. Ruling may impact current presidential race.
Eli Lilly and Foghorn Therapeutics to Conduct Clinical Trials on Cancer Treatment
Eli Lilly and Foghorn Therapeutics have joined forces for clinical trials on FHD-909, an oral cancer treatment. The collaboration aims to evaluate the effectiveness of FHD-909 on non-small-cell lung cancer patients.
Masco Reports Lower Quarterly Sales
Masco reports lower quarterly sales and forecasts flat sales for 2024 as the market stabilizes. Earnings exceed expectations. Confidence expressed in future growth.
Under Armour Reports Better-Than-Expected Profit for Q3
Under Armour reports better-than-expected profit for Q3 and adjusts guidance for 2024. CEO optimistic about company's performance.
Snap Stock Plummets as Weak Guidance Disappoints Investors
Snap's stock is plummeting after the company issued weak guidance, disappointing investors. Although there is still optimism about a potential recovery, Wall Street analysts have lowered their estimates and target prices on Snap shares. Mea...
Roblox Shares Soar After Beating Quarterly Bookings Estimates
Shares of Roblox surged 12% after exceeding expectations for quarterly bookings, reporting a 30% increase in revenue and $1.13 billion in bookings. Roblox expects continued growth in 2024.