Key points PepsiCo reported a solid first quarter despite headwinds and reaffirmed its 2024 guidance. Its cash flow, balance sheet and capital returns are healthy and expected to improve this…
Category: Business Finance
Karol G and Peso Pluma Push US Latin Music Revenue to New Heights, Reaching $1.4 Billion – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Latin music revenues in the United States reached a new high in 2023, reaching $1.4 billion, marking a significant growth of 16% compared to the previous year. The Recording Industry…
Extreme Networks stock has been upgraded by analysts
Key points Extreme Networks provides networking solutions by offering hardware and software to data centers, government agencies and schools. Extreme Networks shares were upgraded to Buy from Hold at B.…
UBS revalues Chinese stocks amid ‘valuation collapse’: What investors need to know :KWEB)
In a surprising turn of events, UBS AG Group made a rare update call, causing its recommendation on a major Chinese stock index to overweight. As of 2 pm ET,…
Dogecoin and Elon Musk in an animation, but this trader suggests shorting DOGE from $0.18 to $0.20
Dogemoneta DOGE/USD reported a 6% increase over the past week, prompting one analyst to suggest expected DOGE payments Xwhile another suggests shorting the meme coin. What happened: Self-proclaimed king of…
Lockheed Martin shares are aiming for a new all-time high
Key points Lockheed Martin reported a solid quarter, supported by strength across all segments. The healthy balance sheet supports robust capital returns, including dividends and share buybacks. The company reaffirmed…
Dow jumps above 200 points; US Services PMI Falls in April – Abeona Therapeutics (NASDAQ:ABEO), Cyngn (NASDAQ:CYN)
U.S. stocks were trading higher in mid-trading, with the Dow Jones gaining more than 200 points on Tuesday. The Dow rose 0.60% to 38,470.94 while the NASDAQ rose 1.44% to…
Charles Schwab strengthens its bullish trend after EPS beat
Key points Schwab is the country’s second-largest retail brokerage firm, with record growth of $9.12 trillion in customer assets and 35.3 million accounts in the first quarter of 2024. Schwab’s…
Because inflation is good for people who need to pay off debt
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Kimberly-Clark Up 5% After First Quarter Results – Here’s Why – Kimberly-Clark (NYSE:KMB)
Kimberly Clark Corporation KMB stocks are gaining ground in Tuesday’s pre-market session. The company reported first-quarter adjusted earnings per share of $2.01, beating analysts’ consensus of $1.63. Quarterly revenue of…