Month: July 2024
Harris says ‘it is time for this war to end,’ affirms ‘unwavering’ support for Israel
Vice President Kamala Harris said “Israel has a right to defend itself … and how it does matters.” Harris’ remarks followed a meeting she held with Israeli Prime Minister Benjamin Netanyahu in Washington Thursday. “It is time for this war to end and end in a way where Israel is secure, all the hostages are […]
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Stocks making the biggest moves after hours: Dexcom, Coursera, Deckers Outdoor and more
Check out the companies making headlines in after-hours trading. Deckers Outdoor — The footwear company’s stock jumped 8% after Deckers reported fiscal first-quarter earnings of $4.52 per share on revenues of $825 million, exceeding analysts’ expectations for earnings of $3.48 per share on revenues of $808 million. Dexcom — Shares of the medical device company […]
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Dexcom shares plummet more than 30% after company lowers fiscal year guidance
The Dexcom logo is seen on a smartphone screen and in the background. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Dexcom tumbled more than 33% in after-hours trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: […]
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‘Let’s go’: Harris agrees to debate Trump, accuses him of ‘backpedaling’ on Sept. 10 date
Vice President Kamala Harris speaks to reporters upon arrival at Joint Base Andrews in Maryland on July 25, 2024. Brendan Smialowski | AFP | Getty Images De facto Democratic presidential nominee Kamala Harris said Thursday she is “ready to debate” her Republican rival, former President Donald Trump. “I think that voters deserve to see the […]
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These stocks have strong balance sheets as broader market sells off
Companies with stronger balance sheets may give investors a leg up when markets become tumultuous — and Wolfe Research has a few stocks that could fit the bill. A combination of disappointing tech earnings, uncertainty around the presidential election this November and an imminent rate-cutting cycle sent investors scurrying out of megacap tech titans and […]
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Harris blasts Trump vision as one of ‘chaos, fear and hate’ in fiery teachers union speech
Vice President Kamala Harris delivers the keynote speech at the American Federation of Teachers’ 88th National Convention in Houston, July 25, 2024. Brendan Smialowski | AFP | Getty Images Vice President Kamala Harris in a fiery speech Thursday blasted the policy agenda of former President Donald Trump as one of “chaos, fear and hate,” after […]
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Melania Trump’s memoir set for Sept. 24 release, weeks before election
Melania Trump speaks from the podium on the first night of the Republican National Convention in Cleveland, Ohio, on July 18, 2016. Mark Reinstein | Archive Photos | Getty Images Former first lady Melania Trump’s upcoming memoir will hit bookstores on Sept. 24, her publisher tells CNBC, just weeks before the presidential election on Nov. […]
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Small caps are finally getting their moment in the sun. Here’s why managers think the rally can last
Many investors were anticipating small-cap stocks would outperform coming into 2024, saying the prospect of easing monetary policy introduced by Federal Reserve Chair Jerome Powell at the end of last year would be a boon for the interest rate sensitive asset class. Instead, small caps spent the first half of this year doing what they’ve […]
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OpenAI announces a search engine called SearchGPT; Alphabet shares dip
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, aimed to give users “fast and timely answers with clear and relevant sources.” The company said it […]
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Lineage begins trading in the market’s largest IPO of 2024
Lineage, the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, rose by as much as 5% in its Nasdaq Stock Market debut on Thursday, after going public under the ticker symbol “LINE.” Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. […]
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