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Lordstown Motors sinks 19% as the electric vehicle maker cuts production outlook and seeks more funding
Lordstown forecast that production of its Endurance truck this year would be "at best" 50% of its previous expectations. The Endurance truck wit.....»»
The Ratings Game: Supreme forecast to add $600 million to VF Corp. revenue this year
CFRA says VF Corp.'s Supreme acquisition, announced in November 2020, is "underappreciated.".....»»
Why Applied Materials Analysts Are Largely Bullish After Q2 Earnings
Chip equipment maker Applied Materials, Inc. (NASDAQ: AMAT) reported forecast-beating results for the fiscal year second quarter. .....»»
Deere raises forecast as profit more than doubles on equipment demand
Deere & Co on Friday raised its full-year earnings forecast after a 169% surge in quarterly profit, as a recovering global economy boosts demand for farm machine and construction equipment......»»
Walmart hikes profit forecast as stimulus checks boost sales
Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates......»»
: European Central Bank officials shrug off inflation fears
ECB executive board member Isabel Schnabel and chief economist Philip Lane insist that the surge of inflation forecast for the rest of the year will be of a temporary nature......»»
Moderna slumps 9% as the vaccine-maker"s Q1 revenue misses estimates
The pharma company's full-year sales forecast for its vaccine was raised to $19.2 billion, up from a prior forecast of $18.4 billion. .....»»
EBay stock posts worst decline since October 2019 after outlook underwhelms
Shares of eBay Inc. posted their steepest single-day percentage decline in a year and a half Thursday after the online marketplace issued a second-quarter forecast that struck analysts as underwhelming. The stock fell .....»»
Nokia shares surge 13% after upbeat results
Shares of Nokia climbed 13% on Thursday after the Finnish telecom equpipment maker reported a "strong start" to the year and forecast-beating results. First-qu.....»»
Genius investor Ed Thorp predicted the pandemic"s US death toll before a single death was recorded
The gambling guru and former math professor forecast up to 500,000 deaths over the next year, bought supplies, and isolated himself in February 2020. Ed Thorp. Winton/YouTube Ed Thorp accurately predicted the U.....»»
Earnings Results: AMD stock rises after earnings show data-center sales more than doubling
Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year......»»
Juniper sees sufficient semi supply to meet full-year forecast
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Harley-Davidson raises 2021 growth outlook
Harley-Davidson reported a better-than-expected quarterly profit, raising its full-year forecast for sales growth......»»
Fed Chair Powell: The biggest risk to the Fed"s forecast for a roaring economy this year is another COVID-19 surge
Fed Chair Jerome Powell said another COVID-19 surge is the biggest risk to the central bank's rosy forecast. Inter.....»»
Powell: The biggest risk to the Fed"s forecast for a roaring economy this year is another COVID-19 surge
Fed Chair Jerome Powell said another COVID-19 surge is the biggest risk to the central bank's rosy forecast. Inter.....»»
CoreLogic: Home Price Growth Reached 15-Year High in February
CoreLogic® recently released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for Fe.....»»
EIA forecasts a more than 30% year-on-year rise in summer retail gasoline prices
The U.S. Energy Information Administration forecast a more than 30% year-over-year .....»»
Rite Aid plunges 20% after cutting its full-year forecast as the drugstore chain saw fewer people getting colds and coughs
As a result of physical distancing and face masks, Rite Aid said it saw a decline of nearly 37% in cough, cold, and flu-related categories. Noam Galai/Getty Images Shares in Rite Aid fell 20% in pre-market trading Thurs.....»»
Forecast: Improving economy gives Colorado legislators much bigger budget for next year
The effect of the recently passed federal stimulus plan and increasing coronavirus vaccinations caused Colorado Legislative Council economists to add $571 million to their forecast for this year's budget — and $665 million more to next year's fiscal plan......»»