Sunday, December 8
Top Mid-Day Movers: Shake Shack, CH Robinson, Mobileye Global, More
Business

Top Mid-Day Movers: Shake Shack, CH Robinson, Mobileye Global, More

Related media - Breaking news Here are some of the stocks that saw significant mid-day fluctuations: Shake Shack: The popular fast food chain saw a significant move in its stock price as investors reacted to its recent earnings reports and market trends. Italian: The logistics company's shares have seen some volatility, influenced by industry developments and financial performance updates. Mobileye Global: The technology company's shares have seen considerable activity, driven by new product announcements and strategic partnerships. Stay tuned for more updates on these and other key headlines throughout the trading day. News of interest - Digital media
Amazon’s Q2 Revenue Misses, Forecasts Disappoint Investors
Recent News

Amazon’s Q2 Revenue Misses, Forecasts Disappoint Investors

Related media - Latest news Amazon reported its second-quarter earnings on Thursday, reporting lower-than-expected revenue and a less optimistic outlook for the next quarter, sending the company’s shares lower in after-hours trading. Here are the key data: Earning per share: $1.26, versus $1.03 expected by LSEG Income: $147.98 billion, below LSEG's projection of $148.56 billion Additional metrics of interest to Wall Street include: Amazon Web Services (AWS): It generated $26 billion in revenue, according to StreetAccount Advertising: It brought in $13 billion in revenue, according to StreetAccount You may also be interested in - Other related media
What to expect from Friday’s crucial jobs report
Business

What to expect from Friday’s crucial jobs report

More news - News 24 hours The U.S. labor market is expected to show signs of cooling in July, due to the gradual economic slowdown and the impact of Hurricane Beryl on hiring rates. The Labor Department’s July nonfarm payrolls report, due Friday at 8:30 a.m. ET, is expected to reflect this slight decline. However, the expected decline is in line with the Federal Reserve’s strategy for a controlled economic slowdown. “If the Fed was aiming for a soft landing, it looks like it’s done it,” said Mike Reynolds, vice president of investment strategy at Glenmede. “We’re seeing some weakness in the labor market, but nothing that suggests a major recession.” The Bureau of Labor Statistics projects payrolls to rise by 185,000 in July, down from 206,000 in June, with the unemployment rate proje...
Léon Marchand Makes History With Double Gold in 200 Butterfly and Breaststroke at Paris Olympics
Sports

Léon Marchand Makes History With Double Gold in 200 Butterfly and Breaststroke at Paris Olympics

Related media - Latest news NANTERRE, France — French sensation Léon Marchand continued his impressive run at the Paris Olympics, becoming the first swimmer in history to win gold in both the 200-meter butterfly and 200-meter breaststroke at the same Games. And he did it on the same night. Marchand won his first gold medal of the day in the 200-meter butterfly, setting an Olympic record with a time of 1:51.21, in an incredible comeback over Hungary's Kristóf Milák, who finished second with a time of 1:51.75. About two hours later, Marchand set another Olympic record by swimming the 200-meter breaststroke in 2:05.85. It was probably the greatest single-night swimming performance in Olympic history. “I knew it was possible for me to do it, finish the races, but maybe not win t...
Qualcomm Beats Expectations With 12% Increase in Phone Chip Sales
Recent News

Qualcomm Beats Expectations With 12% Increase in Phone Chip Sales

Related media - News 24 hours Las Vegas — Qualcomm’s fiscal third-quarter earnings beat Wall Street forecasts, delivering solid results and an upbeat outlook for the next quarter. In a press conference during CES 2022, Qualcomm Chairman and CEO Cristiano Amon discussed the company's performance. Following the earnings report, Qualcomm shares jumped more than 6% in after-hours trading. For the quarter ended June 23, Qualcomm's results were as follows versus LSEG consensus estimates: Earning per share: $2.33 (adjusted) vs. $2.25 expected Income: $9.39 billion (adjusted) vs. $9.22 billion expected Net income for the quarter reached $2.13 billion, or $1.88 a share, up from $1.8 billion, or $1.60 a share, in the same period last year. Looking ahead, Qualcomm forecasts sales of $9.5 bill...