Stories That Matter

Steve Jobs Wasn't A Fan, But Apple's Record Stock Buyback Is So Massive It Dwarfs Valuations Of Boeing, Starbucks, eBay And 415 Other S&P 500 Companies
Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Sam Altman's OpenAI And Amazon-Backed Anthropic Face Serious Competition From These Chinese Startups Backed By Alibaba, Xiaomi And More
Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Sam Altman's OpenAI And Amazon-Backed Anthropic Face Serious Competition From These Chinese Startups Backed By Alibaba, Xiaomi And More
Death Of EVs Or Rise Of Hybrids? Expert Says 'Better Narrative Is The Death Of The Explosive Growth'
Amgen Stock Adds Good Weight After CEO's Update On Experimental Drug Rivaling Ozempic, Nixing Oral Weight-Loss Candidate

Stories That Matter Recent News

Gene Munster's Take On Apple's Q2 Beat, June Quarter Guidance: 'Things Get Easier For Apple In The Back Half Of Year'
Apple could be close to an inflection in fundamentals, going by the company's June quarter guidance and management commentary on the call.
Cramer 'Glad' Apple Has Higher Price Point For Vision Pro As Headset Becomes Hit With Fortune 100 Companies: 'Never A Bust.. Will Be Bigger'
Apple's Vision Pro has become a hit with the Fortune 100 companies, going by CEO Tim Cook's comments on the earnings call.
Amgen Reports Better-Than-Expected Q1 Results, $50M Milestone Payment
Amgen reported quarterly earnings of $3.96 per share which beat the analyst consensus estimate of $3.87 by 2.33%. The company said EPS decreased by 1% due to higher operating and interest expenses driven by the Horizon acquisition, partially offset by higher revenues.
Carvana Revs Up Over 1,500% In A Year, Inflicts Heavy Losses On Short Sellers
Carvana experienced a dramatic surge on Thursday, with its stock leaping by 33% after reporting Q1 earnings that surpassed expectations.
Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook
Fortinet reported quarterly earnings of 43 cents per share which beat the analyst consensus estimate of 38 cents by 13.16%. Quarterly sales came in at $1.35 billion, beating the analyst consensus estimate of $1.338 billion and representing a 6.97% increase over sales of $1.262 billion from the same period last year.
Apple Q2 Earnings Beat Muted Forecast On Services, Mac Strength: Installed Base At Fresh Record, Cupertino Announces Massive $110B Buyback (UPDATED)
Apple rounds off the Magnificent Seven earnings of the week, with the tech giant managing to surpass a lowered bar.
Hershey Investors Are Bullish Ahead Of Q1 Earnings, But Chocolate Inflation Concerns Analysts
Hershey stock shows a strongly bullish trend, with its share price above its 5, 20, and 50-day exponential moving averages. This indicates slight buying pressure.
Cloudflare Stock Tanks Following Q1 Results, Subpar Guidance - Here's Why
Cloudflare reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 13 cents by 23.08%. Quarterly sales clocked in at $378.6 million which beat the analyst consensus estimate of $373.09 million by 1.48% and represents a 30.47% increase from the prior year's period.
Emergent BioSolutions Reports Blockbuster Q1 Results, Raises Guidance: What's Going On With The Stock?
Emergent reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of losses of 83 cents by 171.08%.
DraftKings Q1 Earnings Highlights: Sportsbook Posts Revenue Beat, EPS Beat, Raises Revenue, EBITDA Guidance
DraftKings reported first-quarter financial results that exceeded analyst expectations. The company also increased full year guidance for revenue and EBITDA.
Booking.Com's Q1 Earnings Show Growth In Travel Demand - Here's Why
Booking reported quarterly earnings of $20.39 per share which beat the analyst consensus estimate of $14.06 by 45.02%. The company reported quarterly sales of $4.415 billion which beat the analyst consensus estimate of $4.254 billion by 3.79% and represents a 16.86% percent increase over sales of $3.778 billion from the same period last year.
Cheech And Chong Brand CEO Talks Cannabis Retail Expansion And Designs That 'Resonate With The Legacy Of 52 Years'
Jonathan Black, CEO of Cheech and Chong's Global Holdings, discusses the transformation of cannabis retail experiences and the importance of learning from events at Benzinga's Cannabis Capital Conference.
Warrior Met Coal Sees Production Surge; Materion Updates Earnings Forecast; Contango To Acquire HighGold And More: Thursday's Top Mining Stories
Warrior Met Coal Sees Production Surge; Materion Updates Earnings Forecast; Contango To Acquire HighGold And More: Thursday's Top Mining Stories
Block Stock Soars On Q1 Earnings, Strategic Bitcoin Investment: Details
Block, Inc. (NYSE:SQ) shares rose after the company reported its first-quarter financial results on Thursday.
Coinbase Q1 Earnings Highlights: Revenue Beat, Institutional Trading Volume Hits All-Time High, Bitcoin Totals 33% Of Trades
Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) reported first-quarter financial results after the market close Thursday. Here are the key highlights.
Sony, Apollo Make $26B Offer For Paramount: Report
Paramount Global shares are trading higher Thursday following a report that Sony Group and Apollo Management have submitted a $26 billion, all-cash offer for the company.
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.
Starbucks CEO's Dilemma Unfolds With Stock Performance, Falling Sales
Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results. Global comparable store sales sink by 4%, with transactions down by 6%. Bloomberg reports efforts to revive fortunes include efficiency boosts, discounts, and new offerings like a boba-inspired drink. But with user frustration over app service and supply chain woes, Starbucks braces for a prolonged recovery, dampening full-year forecasts and investor confidence.
Weight Loss Competition Heats Up In Britain, Online Pharmacies Slash Prices for Wegovy and Mounjaro
Reduced prices on Wegovy and Mounjaro at British pharmacies amid growing competition. Simple Online Pharmacy slashes Mounjaro starter doses to £149 from £179, catering to high demand.
Warren Buffett's Annual Secret Berkshire Hathaway Movie To Be Shown Publicly For First Time: Could This Be The Ultimate Tribute To Charlie Munger?
A secret movie that has often featured celebrity cameos kicks off the annual Berkshire Hathaway meeting each year.
Regeneron Pharmaceuticals Targets Quality Weight Loss In Latest Obesity Innovation
Regeneron Pharmaceuticals Q1 2024 earnings: EPS down 5%, sales miss; Eylea US sales drop 16%, Dupixent offsets. Oncology treatment Libtayo sales surge 49%.
GOP Senators Slam Cannabis Banking Reform, 'Cartel Cash' And Oklahoma At Chinese Money Laundering Summit
Republican senators' concerns about cannabis banking reform echo those of Senate Minority Leader Mitch McConnell who regularly airs his opposition to the SAFER Banking Act.
2 Boeing Whistleblowers Die Within Weeks Of Each Other