Stocks
Earnings Announcement (Sep 14-Sep 18): FedEx, Adobe, Progressive, and more
Expected earnings for FedEx and Adobe are $2.64 and $2.41 per share respectively.
Lululemon Crushes Earnings Estimate by 35% as Online Sales Surge 157%
Lululemon reported EPS of $0.74 vs $0.55 estimate and revenue of $902.9 million vs $842.5 million estimate.
Earnings Announcement (Aug 31-Sep 4): Zoom, Broadcom, DocuSign, H&R Block, and more
Technology companies such as Zoom and Broadcom are expected to announce strong earnings this week.
Boeing Will End The Production of The Iconic 747 Series
Boeing announced today that the company will end the production of 747 aircraft series. This announcement will impact about...
AMD Shares Jump 10% After Beating Intel in Server Chip Market
AMD stock price rallies more than 10% today after hours.
Why Did Intel Lose $42 Billion in Market Capitalization?
The key personnel who is in charge of the development of chip technology and manufacturing left the chipmaker after...
IBM Q2 Earnings Beat Estimates with $18.1 Billion in Revenue
IBM stock jumped 6% at the end of trading hours on Monday after the company released the Q2 earnings...
Noble Energy Will be Acquired by Chevron for $5 Billion All-Stock Deal
Chevron agreed to acquire Noble Energy at 7.5% premium which is equivalent at $10.38 at Friday’s closing price.
Top Gainers on Friday: Carnival, Royal Caribbean, United Airlines
Carnival, Royal Caribbean, and United Airlines stocks have lost about 61-68% of their value since the beginning of COVID-19...
Rivian $2.5 Billion Funding: The Race to Win All-Electric Pickup Trucks and SUVs Markets
Rivian raises additional $2.5 Billion to launch the first electric pickup trucks in the market.
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