Moderna Reports Narrower-Than-Expected Loss for Q2
Moderna Inc. reports their Q2 financial results with a narrower-than-expected loss and revenue exceeding estimates, driven by COVID vaccine sales. Stock performance, future prospects, and the evolving landscape of the COVID-19 pandemic are...
Warren Buffett Stays Unfazed by Fitch's Rating Downgrade
Warren Buffett assures investors with continued Treasury buying plans after Fitch's rating downgrade.
Amazon's Strong Performance During Earnings Season
Amazon.com has emerged as the standout performer among big U.S. technology companies during this earnings season. Analysts believe that this momentum will continue in the coming months.
Acreage Holdings Appoints Dennis Curran as Chairman
Acreage Holdings appoints Dennis Curran as Chairman, streamlining governance structure for upcoming partnership with Canopy Growth. Current Chairman and board member to step down.
Icahn Enterprises Reduces Distribution, Boosts Bonds
Icahn Enterprises Inc. reduces quarterly distribution and sees positive impact on its bonds. Activist investor Carl Icahn acknowledges mistakes and plans to reorient investment strategy. Lack of accountability and challenges in Corporate Am...
Atlassian Stock Surges on Impressive Earnings Report and Strong Revenue Forecast
Atlassian sees surge in stock price after strong earnings report and revenue forecast. Analysts bullish on future prospects.
H.C. Slingsby Reports Decrease in First-Half Profit
H.C. Slingsby reports a decrease in first-half profit due to higher costs and uncertain outlook. The company also highlights a 4% increase in sales. Operational challenges and concerns about potential credit-related issues are discussed.
Arizona Considering Move to the Big 12 Conference
Arizona is in discussions to join the Big 12 conference, but the final decision depends on a board meeting. Uncertainties and potential shake-ups loom over the conference.
Consumer Companies Face Mixed Economic Data
Consumer companies are facing a decline despite mixed economic data. However, one retail giant's strong earnings offer optimism for the sector. As recession fears persist, unconventional equity reactions are expected to continue.
CommScope Shares Plunge as Loss Widens in Q2
CommScope reports a widened loss in Q2 and a decline in sales, leading to a significant drop in share value. Challenges attributed to customer inventory corrections and spending reductions.