News

Wayfair Reports Narrowed Loss in Q2, but Sees Decline in Active Customers

Wayfair reports a reduced loss in Q2, beating analyst expectations, but experiences a decrease in active customers. Find out the details and implications of the...

ContextLogic Misses Earnings and Revenue Estimates, Shares Plummet

ContextLogic's second-quarter earnings and revenue miss estimates, resulting in a 21% drop in shares. Declining revenues and a bleak outlook for the third quart...

Technology Stocks Experience Volatility as Apple Disappoints

Apple's underwhelming earnings overshadow Amazon's growth in the technology sector, raising concerns about valuations assigned to mature tech giants. Nikola exp...

Top Money and Investing Features

Stay updated on the latest trends in investing and finance with these insightful articles on stock market, asset management, and more. Topics include contrarian...

Mesoblast Faces Setback in FDA Approval for Proposed Drug

Mesoblast, an Australian biopharmaceutical company, faces setback in FDA approval for drug to treat graft-versus-host disease. Shares tumble as FDA requests mor...

Hyundai and Kia Recall Over 91,000 Vehicles for Fire Risks

Hyundai and Kia are recalling over 91,000 vehicles in the US due to fire risks caused by damaged electrical components in the oil pump. Affected models and next...

Taming Inflation: Australia's Economic Outlook

The Reserve Bank of Australia remains optimistic about controlling inflation, projecting a GDP slowdown and moderate rise in unemployment rate.

Block Raises Financial Guidance, Shares Fall After PayPal's Earnings Report

Block raises its financial guidance for 2023, but shares fall following PayPal's earnings report. The company's strong performance in key areas showcases growth...

CSG Systems Reports Strong Q2 Results

CSG Systems exceeded expectations in Q2 with impressive revenue and earnings growth. They provided a positive outlook for fiscal 2023 and maintained a strong fi...

Merck KGaA Reports Second Quarter Results

Merck KGaA reports Q2 results with sales slightly exceeding expectations but net profit falling short. Revised guidance and division performance analysis provid...