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Drug Distributing Giant Cardinal Health Will Not Renew OptumRx Distribution Pact, Stock Plunges
Discover the latest updates on Cardinal Health's nonrenewal of OptumRx contracts. Explore its fiscal 2024 guidance and long-term targets amidst market shifts. Learn about its strategies to offset contract impact and drive growth. read more.....»»
2 AI Stocks that Could See Faster Growth than NVIDIA
No stock in the S&P 500 has seen recent growth at levels approaching NVIDIA (Nasdaq: NVDA). Last quarter the company saw sales growth of 265% while profits soared an absurd 769%. Yet, a recent estimate for grow.....»»
Jeff Reeves"s Strength in Numbers: Should you buy Alphabet stock now? A total of 98% of analysts consider it a ‘buy’
Investors love Alphabet's wide profit margins, fast sales growth and big free cash flow......»»
Lowe"s beats on profit and sales and provides upbeat outlook, but stock falls
Lowe's Companies reported Wednesday fiscal first-quarter profit, sales and same-store sales that rose above expectations, and provided an upbeat outlook, but the home improvement retailer's stock fell 1.5% in premarket t.....»»
Wendy"s: Breakfast sales showed growth ahead of plan
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.....»»
Shockwave Medical Stock Jumps On Q1 Revenue Growth, Analyst Upgrades
Shockwave Medical Inc (NSDQ: SWAV) first-quarter FY21 sales more than double to $31.9 million beating the Wall St L.....»»
: Tesla stock falls again after downbeat China sales data
Shares of Tesla Inc. took another dive Tuesday, after the electric vehicle maker's April sales in China fell sharply from March, more so than its rivals amid negative public relations issues......»»
Auto Trader growth accelerating online, should drive stock up, Barron"s says
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.....»»
Earnings Results: Peloton posts loss, stock falls in late trading
Peloton Interactive Inc. sales more than doubled in the first three months of the year, but the company reported a surprising loss for the period Thursday amid difficulties with delivering products during a pandemic surge in demand......»»
Etsy slumps 11% after warning growth could slow in coming months following 1st-quarter earnings beat
"We currently expect Q2 2021 gross merchandise sales to decelerate," the company said in its earnings report. The stock fell even as earnings beat estimates. Etsy is an online marketplace that offers handmade and vintage go.....»»
Earnings Results: Etsy stock falls more than 7% after earnings
Etsy Inc. stock drops late Wednesday after the online marketplace's sales dropped from runaway fourth-quarter sales......»»
McDonald"s sees FY21 systemwide sales growth in the mid-teens
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.....»»
Darwin upbeats about demand for miniLED backlight applications
Taiwan-based Darwin Precisions, which offers fine metal masks (FMM) for OLED panel production, expects robust demand for miniLED-backlit applications to drive its sales growth in 2021, according to company chairman Michael Tsai......»»
Earnings Results: Intel stock falls despite earnings beat, as data-center sales slump more than 20%
Intel Corp. shares fell in the extended session Thursday despite a big earnings beat and raised annual guidance, as a large dip in data-center sales was papered over by strength in sales of personal computers and a departing memory business......»»
: Netflix predicts worst quarter for streaming growth in its history, stock falls 9%
Netflix Inc. has come back down to earth after massive gains during the opening months of the COVID-19 pandemic......»»
: Netflix predicts worst quarter for streaming growth in its history, stock falls 11%
Netflix Inc. has come back down to earth after massive gains during the opening months of the COVID-19 pandemic......»»
NewsWatch: Netflix predicts worst quarter for streaming growth in its history, stock falls 11%
Netflix Inc. has come back down to earth after massive gains during the opening months of the COVID-19 pandemic......»»
Tesla stock is soaring on record quarterly deliveries, but the EV maker is "barely growing", stock research chief says
Gordon Johnson, the CEO of GLJ Research, says Tesla's 2% sequential growth is hardly "transformational" amid price cuts and increasing sales. Tesla head .....»»
Earnings Results: Nike sales growth slows amid supply issues, and the stock is falling
Nike Inc. sales grew slower than expected in the heart of the holiday season, as disruptions in its supply chain made delivering goods to North America more difficult......»»
FuboTV stock falls 16% amid ballooning losses even as subscriber growth jumped in 2020
FuboTV's annual net loss topped $570 million in 2020 as the compan.....»»