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Hershey Company’s Strong Q1 Beats Forecasts: Consolidated Net Sales Surged By 8.9%
Article By:
The Tokenist
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Friday, May 3, 2024 9:00 AM EDT
The Hershey Company's Q1 results for 2024 showcase its robust performance and strategic initiatives, with consolidated net sales increasing by 8.9%.
In this article: HSY
Big Quarterly Beats After The Bell: AAPL, SQ, COIN & More
Article By:
Mark Vickery
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Thursday, May 2, 2024 11:50 PM EDT
Market indices put up healthy numbers this Thursday. Following well-behaved Jobless Claims figures, off a mostly down day Wednesday and a tough ride since Monday’s high, markets forged higher.
Dividend Watch: 3 Companies Boosting Payouts
Article By:
Derek Lewis
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Thursday, May 2, 2024 7:50 PM EDT
Recently, three companies – Aflac, American Water Works, and PepsiCo – have all announced a boost to their quarterly payouts. For those interested in income, let’s take a closer look at each.
Amazon: The Steady Ship
Article By:
Tim Knight
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Thursday, May 2, 2024 6:54 PM EDT
Amazon: From wild startup days to stable Walmart-like growth. Investors find comfort in its transformation from frenzy to stability.
In this article: AMZN
Déjà Vu: Cannabis Stocks Soared 35%, On Average, Tuesday - Here's Why
Article By:
Lorimer Wilson
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Thursday, May 2, 2024 11:29 AM EDT
Cannabis stocks jumped 35%, on average, Tuesday with news that the DEA plans to follow a recommendation that would de-classification marijuana to a less stringently regulated Schedule III drug that can be prescribed with a prescription.
Market Fluctuates Amid Fed Decision And Mixed Corporate Earnings And Economic Signals
Article By:
The Private Banker
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Thursday, May 2, 2024 6:30 AM EDT
The U.S. stock markets exhibited mixed responses on Wednesday as investors navigated through a complex landscape of disappointing corporate earnings and a slew of economic data.
A Positive Earnings Picture Remains
Article By:
Sheraz Mian
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Wednesday, May 1, 2024 10:30 PM EDT
The picture emerging from the Q1 earnings season continues to be one of steady improvement and resilience, with the earnings growth pace modestly accelerating and estimates for the coming periods starting to increase.
Markets Sink After Powell Presser; Big Earnings Post-Bell
Article By:
Mark Vickery
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Wednesday, May 1, 2024 10:10 PM EDT
Markets surged today on Fed Chair Jerome Powell’s press conference, but markets could not hold those levels, and stocks fell to session lows by the closing bell on the S&P 500 and Nasdaq.
Tesla Is Scaling Back Superchargers, Rescinding Offers, Firing More Workers
Article By:
Mish Shedlock
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Wednesday, May 1, 2024 8:30 PM EDT
Musk prepares for growth by firing 10 percent of the staff, halting construction of gigafactories, laying off the entire supercharger team, scaling back, supercharger deployment, and even rescinding offers to interns.
In this article: TSLA
EBay Took A 23% Hit To Net Income In Its Fiscal Q1
Article By:
Wajeeh Khan
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Wednesday, May 1, 2024 5:24 PM EDT
eBay Inc (EBAY) is in the red in extended hours today even though it came in ahead of Street estimates for its fiscal Q1. The stock is taking a hit primarily because the management failed to impress with its guidance.
In this article: EBAY
Leaving Penn Station
Article By:
Tim Knight
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Wednesday, May 1, 2024 5:13 PM EDT
Here’s Penn Entertainment (PENN) featuring the sparkling and zesty Dave Portnoy. This stock has destroyed about 90% of shareholder value since it peaked three years ago. I’m sure there’s more to come!
In this article: PENN
Starbucks On Brink Of Worst Crash Since Dot Com After "Stunning" Earnings Miss
Article By:
Tyler Durden
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Wednesday, May 1, 2024 5:02 PM EDT
Starbucks shares plummeted by 16% during the early cash session, approaching the -16.2% level last seen during the Covid crash.
In this article: SBUX
Dow Jones Industrial Average Struggles To Recover From Recent Backslide As Fed Rounds Corner
Article By:
Joshua Gibson
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Wednesday, May 1, 2024 1:33 PM EDT
After this week's backslide, the Dow Jones Industrial Average (DJIA) is stuck in a rut, dragging the index below 38,000.00 as investors buckle down for another rate call from the US Federal Reserve (Fed).
CVS Shares Dump On Earnings Miss, Outlook Slashed On Rising Medical Costs
Article By:
Tyler Durden
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Wednesday, May 1, 2024 11:18 AM EDT
CVS shares plunged after first-quarter revenue and adjusted earnings missed Wall Street's average expectations. The drugstore chain also slashed its full-year profit outlook, citing rising medical costs in its Medicare insurance unit.
In this article: CVS
What To Make Of The Elon Musk Tesla China Embrace?
Article By:
Mish Shedlock
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Wednesday, May 1, 2024 10:03 AM EDT
Elon Musk went globetrotting to China and scored a big victory for Tesla’s Full Self Drive (FSD) Technology. Or did he?
In this article: TSLA