Economy
Stocks making the biggest moves midday: 3M, Dexcom, Sweetgreen, Texas Roadhouse and more
Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Its revenue also came […]
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UK Finance Minister Rachel Reeves pledges most ‘pro-growth, pro-business’ government the country has seen
Chancellor Rachel Reeves gives a speech at the Treasury on July 8, 2024 in London, England. Pool | Getty Images News | Getty Images LONDON — U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen. Reeves told CNBC that it was […]
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Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City. Spencer Platt | Getty Images An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures […]
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Stocks making the biggest moves premarket: Coursera, WW International, DexCom, Deckers and more
Check out the companies making headlines before the bell. CrowdStrike — Shares of CrowdStrike were up nearly 2% after CEO George Kurtz said that more than 97% of Window sensors were back online after last week’s global IT outage. However, the stock is on pace for a 17% week-to-date decline. Semiconductor stocks — Nvidia , […]
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She spent four months in France and Spain on a $6,000 budget
In 2023, Rowena Hennigan came to a difficult but necessary conclusion — she needed an extended break from work. Hennigan was dealing with disrupted sleep, anxiety, brain fog — all normal symptoms of menopause – but it was wreaking havoc on her work and her mental health. She said she tried exercise, a new diet, […]
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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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Stocks making the biggest moves midday: Ford, Viking Therapeutics, ServiceNow and more
Check out the companies making headlines in midday trading: Ford Motor — The automaker’s stock fell more than 17% after reporting second-quarter earnings that missed Wall Street’s expectations. Ford posted adjusted earnings per share of 47 cents compared to the consensus forecast of 68 cents, according to LSEG. However, automotive revenue of $44.81 billion came […]
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Stocks making the biggest moves premarket: American Airlines, Honeywell, RTX, Ford and more
Check out the companies making headlines before the bell. American Airlines — Shares dropped 6% after the carrier issued weak profit guidance for the third quarter. American Airlines estimates unit revenue will drop as much as 4.5% as the broader industry struggles with oversupply that has led to low fares. Honeywell — Shares were down […]
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U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase. Source
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Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida. Gary Hershorn | Corbis News | Getty Images Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets […]
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