Earnings
Royal Caribbean CEO breaks down company outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Seema Mody joins ‘The Exchange’ with Jason Liberty, Royal Caribbean CEO, to discuss the company’s second quarter miss and outlook for Royal Caribbean. Source
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Stocks making the biggest moves midday: Bausch Health, Meta, Comcast, Qualcomm and more
In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Bausch Health – Trading in the pharmaceutical company’s shares was halted after the stock dipped 50%. A Delaware federal […]
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Consumer spending is slowing, but there are still pockets of strength in these three sectors
Despite new signs of slowing consumer demand, pockets of strength remain in travel, payments and autos. Hilton on Wednesday topped analysts’ second-quarter estimates and raised its full-year outlook, saying it remained optimistic there would be strong travel demand for the rest of the year. On Thursday morning, Southwest Airlines reinforced this view as it beat […]
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Here’s what to expect ahead of Apple earnings after April’s supply-constraint warning
We remain cautiously optimistic heading into Apple’s fiscal third-quarter earnings, which will be released after the closing bell Thursday. Source
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Stocks making the biggest moves in the premarket: Stanley Black & Decker, Southwest Airlines, Harley-Davidson and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier […]
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Samsung aims for foldable phone sales to overtake those of its now-dead but very popular Note devices
Samsung Electronics Co. said it is aiming for sales of its foldable phones to surpass its now-discontinued Note series of smarpthones as it looks to boost profitabiltiy for its mobile division. SeongJoon Cho | Bloomberg | Getty Images Samsung is hoping to take its foldable phones mainstream, saying Thursday that it’s aiming for sales of […]
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Here are 4 things Ford CEO told Cramer that show the automaker’s strength
Ford CEO Jim Farley spoke with Jim Cramer after the automaker’s better-than-expected earnings report Wednesday. Source
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Market jump after Fed rate hike is a ‘trap,’ Morgan Stanley’s Mike Wilson warns investors
Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief U.S. equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market […]
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Ford’s great quarter, dividend hike are why we’re willing to weather a tough year for the stock
This was a strong quarter for Ford, demonstrating the company’s ability to execute. Source
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Stocks making the biggest moves after hours: Meta Platforms, Ford, Qualcomm, Teladoc and more
Check out the companies making headlines after the bell: Meta Platforms — Shares of the social media company dipped 3% in extended trading after missing second-quarter estimates on the top and bottom lines. Meta Platforms posted its second back-to-back decline in year-over-year sales and shared disappointing guidance amid a weakening ad environment. Ford Motor — […]
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