Nike misses on revenue for first time in two years, but stock pops as earnings, margins beat
Nike fell short of revenue expectations during its fiscal first quarter but beat on earnings and margins. Source link
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Breaking News: Earnings
Costco tops quarterly earnings expectations, even as sales remain soft
Costco topped quarterly earnings and revenue expectations, even as sales trends at the membership club slowed. Source link
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Walmart will report earnings before the bell — here’s what to expect
Walmart has capitalized on its low-priced reputation as consumers look for value. Source link
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Target will report earnings before the bell — here’s what to expect
Target reports earnings as it tries to bounce back after struggles with weaker demand and consumer backlash. Source link
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Palantir reports 13% revenue growth, issues guidance that tops estimates
Palantir executives say revenue growth will accelerate in the third quarter, reversing a trend from the last several years. Source
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Lucid misses revenue expectations after EV deliveries disappoint
Lucid's second-quarter revenue fell short of expectations, but a recent cash raise extended the EV maker's runway into 2025. Source
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Nikola loss narrows as production of fuel-cell semitruck begins; company says CEO to step down
Electric truck maker Nikola said on Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a
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EVgo revenue beats analyst expectations as private-label charging business booms
EVgo's second-quarter results beat Wall Street estimates, as revenue from deals to provide chargers to other businesses surged. Source link
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Humana shares rise after insurer says medical costs came in lower than expected
The results ease investor concerns after Humana and rival UnitedHealth Group warned of a surge in demand for nonurgent surgeries
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