Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current Read more
Tag: expects
Moderna expects the shortage of its updated COVID-19 booster to soon be resolved
Moderna Inc. MRNA, -0.40% said Wednesday that it expects to resolve supply issues for its new COVID-19 booster “in the coming days.” Several media outlets reported this week that a Read more
Moderna expects the shortage of its updated COVID-19 booster to soon be resolved
Moderna Inc. MRNA, -0.74% said Wednesday that it expects to resolve supply issues for its new COVID-19 booster “in the coming days.” Several media outlets reported this week that a Read more
Walmart to Hire Fewer Seasonal Workers. It Still Expects ‘Busy’ Holidays.
Walmart said this summer that while inflation is pushing up sales, it is also curbing consumers’ ability to buy discretionary goods. Scott Olson/Getty Images Walmart is slowing the pace of Read more
This dividend-paying ETF is beating the stock market this year — and its manager expects the ‘euphoria’ recently seen in stocks won’t last
Hi! In this week’s ETF Wrap, you’ll get a look at how Austin Graff, a former PIMCO portfolio manager, is beating the stock market with the TrueShares Low Volatility Equity Read more
Nutanix appoints new revenue chief, expects high end of forecasts
Nutanix Inc. shares rallied in the extended session Monday after the hyperconverged-infrastructure company appointed a new chief revenue officer and said it expects to perform at the high end of Read more
Volvo Car expects supply constraints to continue weighing on sales into 3Q
STOCKHOLM–Volvo Car AB said Wednesday that supply constraints and coronavirus-related lockdowns in China hit retail deliveries and production in the second quarter and will continue to weigh on retail sales Read more
Netflix lost fewer subscribers than forecast and expects to win them back quickly, boosting stock
Netflix Inc. lost half as many subscribers as feared in the second quarter and expects to add even more in the current quarter, helping the stock shoot higher in after-hours Read more
Netflix lost fewer subscribers than forecast and expects to win them back quickly, boosting stock
Netflix Inc. lost half as many subscribers as feared in the second quarter and expects to add even more in the current quarter, helping the stock shoot higher in after-hours Read more
Biden expects more Saudi oil output after meeting in Jeddah
President Joe Biden on Friday said he expects further oil supply increases from Saudi Arabia which may help lower U.S. gasoline costs after a meeting with the country’s leaders. Biden’s Read more