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Business

Goldman Sachs BDC Struggles Amidst High Dividend Yield and Credit Challenges

Goldman Sachs BDC (GSBD:NYSE) Navigates Challenging Landscape Goldman Sachs BDC (GSBD:NYSE) has been navigating a challenging landscape, marked by underperformance in total return compared to...

Ford Motor Company: A Strategic Investment in the EV Market

Ford Motor Company: A Value Investment in the Electric Vehicle Market Ford Motor Company (F), recognized by The Motley Fool as one of the three...

Ametek Reports Better Than Expected Q1, Provides Solid Outlook

Ametek (NYSE:AME) reported its Q1 earnings results yesterday, with EPS of $1.49 coming in better than the Street estimate of $1.41. Revenue was $1.6...

OneMain Financial Reports Q1 Revenue Beat, While EPS Misses Expectations

OneMain Financial (NYSE:OMF) reported its Q1 earnings results last week, with EPS coming in at $1.46, worse than the Street estimate of $1.66. Revenue...

SM Energy Reports Q1 EPS Beat But Revenues Lower Than Expected

SM Energy (NYSE:SM) reported its Q1 results, with EPS of $1.62 beating the Street estimate of $1.28. Revenue was $573.5 million, coming in worse...

Starbucks Shares Plunge 9 percent Following Q2 Earnings Announcement

Starbucks (NASDAQ:SBUX) shares plummeted more than 9% today after the company reported its Q2 results. While EPS of $0.74 and revenue of $8.7 billion...

Apple gains about $1 billion in deposits on its high yield savings account, report says

 Apple (AAPL) recently introduced an attractive annual return for Apple cards on its iPhones and deposits have increased exponentially. A popular business outlet reported...

Hollywood screen writers go on strike after negotiations fail for better pay

As of May 2nd, 2023, the Screen Writers Guild (SWGA) has declared a strike against major television studios and streaming platforms. This strike comes...

US-China Competition in Tech Expands to AI Regulations

WASHINGTON —  Competition between the U.S. and China in artificial intelligence has expanded into a race to design and implement comprehensive AI regulations. The efforts to...

Chegg shares fall over 40 percent after company comments on ChatGPT impact

  Chegg (CHGG) shares fell by more than 40 percent after an earnings call on Monday evening. The education technology company mentioned that ChatGPT was...

After Idaho’s Strict Abortion Ban, OB-GYNs Stage a Quick Exodus

SANDPOINT, Idaho — At a brewery in this northern Idaho city, hundreds of people recently held a wake of sorts to mourn the closure...

Stryker Shares Down 2 percent Despite Q1 Beat & Raised Outlook

Stryker (NYSE:SYK) shares were trading more than 2% lower intra-day today despite the company posting strong Q1 earnings and raising its 2023 outlook. Q1 EPS...

Kellogg’s Upcoming Q1 Earnings Preview

RBC Capital analysts provided their outlook on Kellogg Company (NYSE:K) ahead of the upcoming Q1/23 earnings, which are scheduled to be released on Thursday. The...

Hershey Foods Shares Up 5 percent Since Q1 Beat

Hershey Foods (NYSE:HSY) shares rose nearly 5% since the company reported its Q1 results last week, with EPS of $2.96 coming in better than...

ZoomInfo Technologies Report EPS Beat & In-Line Revenues

ZoomInfo Technologies Inc. (NASDAQ:ZI) reported its Q1 earnings results yesterday, with EPS of $0.24 coming in better than the Street estimate of $0.22. Revenue...

McKesson’s Upcoming Q4 Earnings Preview

Deutsche Bank analysts provided their outlook on McKesson Corporation (NYSE:MCK) ahead of the company’s upcoming Q4/23 earnings release, scheduled on May 8. The company should...

Ares Management Reports Q1 EPS Miss

Ares Management (NYSE:ARES) reported its Q1 earnings results on Friday, with EPS of $0.71 coming in worse than the Street estimate of $0.81. Fee-related...

Walmart to retail Victor Allen’s Ready-To-Drink Iced Coffee Line in over 500 stores

Walmart (WMT), the nation’s leading retailer, is the newest distributor of Victor Allen’s ready to drink iced coffee cans. Walmart distributes several brands and...

Subway proposes $5 billion debt plan to make $10 billion sale, report says

Since the beginning of the year Subway has been exploring a sale. In February, Subway announced its decision to sell and said that a...

Olin Reports Q1 EPS & Revenue Miss

Olin Corp. (NYSE:OLN) reported its Q1 earnings results, with EPS of $1.16 coming in worse than the Street estimate of $1.34. Revenue was $1.84...

Datadog’s Upcoming Q1 Earnings Preview

RBC Capital analysts provided their outlook on Datadog, Inc. (NASDAQ:DDOG) ahead of the upcoming Q1/23 earnings, scheduled to be released on Thursday. The analysts look...

Newell Brands Shares Fall 17 percent Since Q1 Earnings Release

Newell Brands (NASDAQ:NWL) shares plunged more than 17% since the company’s reported Q1 results on Friday, with EPS of ($0.06) coming in worse than...

Chemours Reports Better Than Expected Q1 Results

Chemours (NYSE:CC) reported its Q1 earnings on Thursday, with EPS coming in at $0.98, better than the Street estimate of $0.54. Revenue was $1.6...

iPhone Demand Softening in March

UBS said that Apple (NASDAQ:AAPL) iPhone demand experienced a notable softening in March. The analysts noted that the sell-through of iPhones dropped by almost...

SoFi Technologies Beats Q1, But Shares Dropped 20 percent on Declining Galileo Accounts

SoFi Technologies (NASDAQ:SOFI) dropped more than 20% since yesterday’s Q1 earnings report. EPS came in at ($0.05), better than the Street estimate of ($0.08)....

Rollins Shares Up 5 percent Since Q1 Earnings Beat

Rollins (NYSE:ROL) shares rose nearly 5% since the company reported its Q1 earnings results on Wednesday, with EPS of $0.18 coming in better than...

Invesco Reports Q1 EPS Beat, But Revenues Slightly Lower

Invesco (NYSE:IVZ) reported its Q1 earnings last week, with EPS of $0.38 beating the Street estimate of $0.36. However, revenue of $1.08 billion slightly...

Coursera Shares Surge 12 percent Since Q1 Results

Coursera (NYSE:COUR) shares rose more than 12% since the company reported its Q1 results on Thursday, with revenue coming in at $147.6 million, beating...

Elon Musk’s Twitter to Permit Media Publishers to Charge Per Article from May

Elon Musk, the CEO of Twitter Inc., announced on Saturday that media publishers will be able to charge readers per item for those who...

JP Morgan Chase (JPM) buys First Republic Bank

The financial world was abuzz with news of JP Morgan Chase's (JPM) takeover of First Republic Bank, a California-based private bank with a...

Wayfair’s Upcoming Q1 Earnings Preview

Wayfair (NYSE:W) will report its Q1/23 earnings on May 4. RBC Capital analysts shared their outlook, expecting a net sales decline of 9% year-over-year...

Pentair Shares Surge 10 percent on Q1 Beat

Pentair (NYSE:PNR) shares jumped nearly 10% on Thursday after the company reported its Q1 results, with EPS coming in at $0.91, better than the...

Amazon Beats Q1, But Shares Fall on Light AWS Outlook

Amazon (NASDAQ:AMZN) reported its Q1 earnings, with EPS of $0.31 coming in better than the Street estimate of $0.21. Revenue was $127.4 billion, beating...

OpenAI closes $300 million share sales with VCs, at a valuation of $27 to $29 billion, report says

OpenAI, the company behind the trending AI tech GPT and ChatGPT has closed a fresh sale of $300 million shares at a valuation of...

SoftBank’s Arm files for public offering, IPO to help parent company’s fortunes

SoftBank Group Corp (SFTBY) is the parent company of chip company Arm. On Saturday, the chip designer announced that it has filed with regulators...

Who is replacing Tucker Carlson on Fox? Rotating hosts Brian Kilmeade, Lawrence Jones and more

Celebrity host Tucker Carlson recently stepped away from the Fox network, about a week after the giant media network settled a case with Dominion...

Olipop annual sales to reach roughly $200 million, prebiotic soda CEO says CocaCola and PepsiCo show interest

Olipop, a prebiotic soda maker is expected to reach $200 million in sales in 2023. Ben Goodwin, the CEO of the soda maker told...

Legendary Paper Magazine Lays Off Entire Editorial Staff Citing Dip in Ad Sales

The fashion and pop culture publication, Paper Magazine, has let its entire editorial staff go. According to reports, the legendary fashion and pop culture...

First Republic’s shares crash 40% FDIC receivership could take over today

First Republic Bank (FRC) is facing a crisis of confidence as its stock price plummets and its deposits shrink. The San Francisco-based lender reported...

Some Private Companies Charge Hefty Fees to Help Veterans with Disability Claims

Image by Jennifer Ditscheit from PixabayWhen Glenn Janssen decided to file a claim for disability benefits with the Veterans Affairs Department last year, he...

Jack Dorsey Creates Twitter Clone Bluesky

"Bluesky" is a decentralized social media project initiated by Jack Dorsey, the co-founder, and CEO of Twitter. The project aims to create a decentralized...

Intel reports historical quarter loss despite beating revenue expectations by analysts, stock see mild rise

Intel reported its quarter earnings on Thursday. There was a slight increase in stock value as the chip maker posted better results when compared...

Paramount wants audiences to watch films at movie theaters, releases upcoming movie slate

On Thursday, about a week before its quarterly earnings report release, Paramount Pictures (PARA) reiterated that it wants people to watch films in movie...

PTC Reports Better Than Expected Q2 Results

PTC (NASDAQ:PTC) reported its Q2 earnings on Wednesday, with EPS coming in at $1.16, better than the Street estimate of $1.13. Revenue was $542.18...

eBay Stock Surges 5 percent Following Strong Q1 Results

eBay (NASDAQ:EBAY) shares surged more than 5% yesterday after the company released its Q1 earnings, with EPS of $1.11 coming in above the Street...

Newell Brands’ Upcoming Q1 Earnings Preview

RBC Capital analysts provided their outlook on Newell Brands Inc. (NASDAQ:NWL) ahead of the Q1/23 earnings, scheduled to be reported tomorrow before the market...

ServiceNow Reports Better Than Expected Q1 Results

ServiceNow (NYSE:NOW) reported strong Q1 results yesterday, beating expectations as demand trends remained durable, including growth in the financial services vertical, despite broader volatility. Q1...

Dover Reports Better Than Expected Q1 Results, Reiterates Guidance

Dover (NYSE:DOV) reported its Q1 earnings results yesterday, with EPS of $1.94 coming in above the Street estimate of $1.93. Revenue was $2.08 billion,...

Meta Shares Jump 14 percent on Q1 Beat

Meta Platforms (NASDAQ:META) shares surged nearly 14% today after the company reported its Q1 earnings results, with EPS coming in at $2.20, beating the...

The ChatGPT-enabled “My AI” on Snapchat gets 1 star app store ratings and stock price falls

The ChatGPT-enabled "My AI" on Snapchat (SNAP) gets 1 star app store ratings and stock price falls. Snapchat is a social media platform that...
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