While losses mount, Uber CEO expects profitability in 2021

The stock market is operating against a "problematic backdrop," and there are elevated risk factors that could spark more losses, JPMorgan said. There's.....»»

Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»

Memory module maker Adata Technology expects its revenue to be driven by robust SSD shipments and rising DRAM prices in the second quarter of 2021......»»

LED module and packaging service provider Edison Opto expects its sales for automotive applications to double in 2021 from a year earlier, which will help boost its gross margin to 25% in the year......»»

Some of the stocks that may grab investor focus today are: Wall Street expects Hormel Foods Corp (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.0.....»»

Taiwan's IPC maker Axiomtek expects its second-quarter 2021 revenues to grow sequentially as impacts of components shortages are expected to wane and shipments to clients in the US and Europe are poised to rebound significantly......»»

Automotive PCB specialist Dynamic Electronics has seen clear order visibility through the third quarter of 2021, and expects its gross margins in 2021 to be higher than the best performance recorded in third-quarter 2020......»»

The St. Augustine-based company enjoyed its best first quarter in company history and expects to improve upon that performance this quarter......»»

Some of the stocks that may grab investor focus today are: Wall Street expects The Home Depot, Inc. (NYSE: HD) to report quarterly earnings at $3.07 per share on revenue of $34.89.....»»

Integrated Service Technology (iST), a Taiwan-based provider of semiconductor verification services, expects demand from the components sector supporting new energy cars to significantly increase in 2021, according to company vice president Allan Tseng......»»

CANTON, Conn., May 18, 2021 /PR.....»»

Easy choices lead to a hard life (or at least losses), and because gold’s downside move is delayed, it’s extremely easy to be bullish on gold right now. Q1 2021 hedge fund letters, conferences and more It Is Easy To Be Bullish .....»»

China-based pure-play foundry Semiconductor Manufacturing International (SMIC) expects to post a revenue increase of 17-19% sequentially in the second quarter of 2021, with gross margin ranging from 25% to 27%......»»

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.....»»

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.....»»

Topco Technologies,.....»»

Image sensor specialist PixArt Imaging expects to post a revenue increase of 10-15% sequentially in the second quarter of 2021, with gross margin reaching over 57%......»»

Intuit Inc. said late Tuesday it will likely surpass the high end of its fiscal 2021 full-year sales and GAAP and adjusted earnings guidance, set in.....»»

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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.....»»