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Homepage / Financial Performance

Tag: Financial Performance

What we love and hate about Tesla

‘Poker move’ or wake-up call? Wall Street weighs in on Tesla’s price cuts.

By adminPosted on January 13, 2023

Tesla Inc.’s price cuts in the U.S. and Europe heightened worries on Wall Street about the electric-car maker’s margins and worsening demand at a moment when both aspects of the Read more

Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023

Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023

By adminPosted on January 13, 2023

U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors scrutinized more economic data and Federal Reserve commentary following Thursday’s promising inflation report, as well Read more

Tesla is a 'soft-landing' stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.

Tesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.

By adminPosted on January 13, 2023

Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more

These numbers make Delta Air Lines’ stock the best bet among U.S. carriers for 2023 and 2024

These numbers make Delta Air Lines’ stock the best bet among U.S. carriers for 2023 and 2024

By adminPosted on January 12, 2023

U.S. airlines will begin their flurry of fourth-quarter earnings reports on Jan. 12, when Delta Air Lines Inc. announces its results. But investors interested in the airline space might be Read more

Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes

Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes

By adminPosted on January 12, 2023

The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more

J Sainsbury sees 2023 profit toward upper end of views on robust Christmas period

J Sainsbury sees 2023 profit toward upper end of views on robust Christmas period

By adminPosted on January 11, 2023

J Sainsbury PLC said Wednesday that it expects to deliver profits for fiscal 2023 toward the upper end of its current guidance following record trading during the Christmas period. The Read more

U.K. regulator is first to authorize Moderna's bivalent COVID booster for 18-and-older population

Moderna, CureVac and Ocugen offer updates on COVID vaccines, while China cracks down on critics of government’s pandemic response

By adminPosted on January 9, 2023

A flurry of announcements relating to COVID vaccines dominated headlines on the pandemic on Monday, with Moderna telling investors it expects to generate some $5 billion in sales in 2023. Read more

Macy's stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023

Macy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023

By adminPosted on January 6, 2023

Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” Read more

Southwest sees flight cancellations costing up to $825 million

Southwest sees flight cancellations costing up to $825 million

By adminPosted on January 6, 2023

Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled in Read more

Online holiday sales top $210 billion, beating expectations

Online holiday sales top $210 billion, beating expectations

By adminPosted on January 5, 2023

Online shoppers spent more than $200 billion for the holidays for the second-straight year, breaking another record, with sales spiking above $11 billion on Cyber Monday alone, according to data Read more

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