Musk downplays margin pain on road to self-driving future
Elon Musk is making a calculated bet: sacrifice margins now for better ones later when full self-driving software is completely integrated into Tesla cars. It’s a plan that could intensify the electric-vehicle price war and irk investors…
Reuters
July 20, 2023Carnival forecasts lower profit as costs bite, shares drop 11%
Cruise operator Carnival (CCL.N) on Monday forecast third-quarter profit largely below estimates as rising marketing and labor costs eat into gains from higher ticket prices and strong demand.
Reuters
June 26, 2023Peloton stock slips as M Science flags worsening gross add headwinds
Peloton Interactive (PTON) slid sharply after the publication of a new report highlighting headwinds facing the fitness company…
Seeking Alpha
June 15, 2023Dollar General Customers are increasingly looking for 'items at or below the $1 price point' amid economic slowdown, CEO says
Dollar General said Thursday that its shoppers are cutting back spending on non-essential purchases, showing that the dollar store chain isn’t immune to a potential economic downturn…
Business Insider
June 1, 2023Lululemon outlook lift thrills Wall St as yogawear stays in vogue
Lululemon Athletica Inc (LULU.O) raised its annual sales and profit forecasts on Thursday as wealthy Americans snap up its pricey activewear even though inflation hounds wider retail spending, sending the company’s shares up 13% after hours…
Reuters
June 1, 2023Home Depot’s Earnings Hit Lowe’s Stock Too. Here’s Why.
Home Depot’s downbeat forecast sent a chill through the home-improvement sector and the wider market last week.
Barron's
May 16, 20235 ways banks are plugging into the electric vehicle market
Banks are revving up their work with electric vehicle manufacturers by forging partnerships, offering vehicle financing and collaborating on digital tools…
American Banker
May 15, 2023Smartsheet gains amid M Science positive note
Smartsheet (NYSE:SMAR) rose 2.4% amid amid a positive research report on the collaboration and work management company…
Seeking Alpha
May 12, 2023Norwegian Cruise lifts profit forecast on higher ticket prices, steady demand
Norwegian Cruise Line Holdings Ltd (NCLH.N) raised its annual profit forecast and sailed past first-quarter estimates on Monday…
Reuters
May 1, 2023Alphabet Shrugs Off Advertising Slump, Thanks to Search Engine
Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.
New York Times
April 25, 2023United Rentals falls amid M Science note on rates stabilizing in mid April
United Rentals (NYSE:URI) dropped 1.8% amid a note that rates have begun to stabilize in mid April…
Reuters
April 21, 2023Netflix Sees Stronger Second Half With Account-Sharing Curbs
Netflix Inc. will begin cracking down this quarter on US viewers who share someone else’s account, predicting plans to charge such customers will boost growth in the second half of the year.
Bloomberg
April 18, 2023Macy's gives upbeat profit forecast amid retail gloom, shares surge
Macy’s Inc (M.N) beat estimates for holiday quarter results and forecast annual profit largely above expectations as the department store operator looks to rein in promotions to beef up its margins, sending its shares up 10% on Thursday.
Reuters
March 2, 2023Best Buy signals more pain for electronics retailers with muted profit forecast
Best Buy Co Inc (BBY.N) on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economic outlook tempers expectations for a recovery in demand for TVs, laptops and other electronic products.