Tag: NYSE:HIMS
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CalPERS to Oppose Exxon Mobil Directors; Microsoft Unveils Copilot+ PCs with AI Focus, and More News
Exxon Mobil (NYSE:XOM) – The California Public Employees’ Retirement System (CalPERS) announced it will vote against Exxon’s 12 board nominees, citing the company’s legal action against activist investors. CalPERS warned in a letter that such legal action could diminish investors’ roles and rights in influencing the company’s financial outcomes. The vote will take place at…
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Disney Slashes Streaming Losses, UBS shoots up 9% as profit triples expectations, and More in Earnings
Walt Disney (NYSE:DIS) – In the fiscal second quarter, Disney exceeded analysts’ earnings estimates, thanks to reduced losses from its streaming services. The company reported a 17% increase in operating income for the segment, with Disney+ and Hulu turning a profit for the first time. Disney reported an adjusted earnings per share of $1.21, surpassing…
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Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise
U.S. index futures indicate a positive opening in Monday’s pre-market, extending the robust gains achieved last week. At 06:36 AM, the futures for the Dow Jones Industrial Average (DOWI:DJI) rose 102 points, or 0.26%. The S&P 500 futures advanced 0.29%, and the Nasdaq-100 futures gained 0.24%. The yield on 10-year Treasury bonds was at 4.473%.…
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Expedia Announces 1,500 Job Cuts; Hims & Hers Surges 19.8% Post Financial Results, and More News
Expedia (NASDAQ:EXPE) – Expedia revealed plans on Monday to cut approximately 1,500 jobs globally, about 9% of its workforce, as part of an “organizational and technological transformation.” The decision follows a moderate revenue forecast for 2024, with declining airfare prices. Expedia’s restructuring will incur pre-tax charges and cash expenses between $80 million and $100 million.…
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U.S. Index Futures Dip Amid Inflation Data Anticipation, Oil and Iron Ore Prices Retreat
On Monday, U.S. index futures fell slightly, signaling investor tension as they await new inflation data this week, closely monitored by the Federal Reserve, and keep an eye on the wave of significant earnings reports approaching, including Salesforce (NYSE:CRM), restaurants, and major retailers. At 05:22 AM, Dow Jones futures (DOWI:DJI) fell 55 points, or 0.15%.…
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Tuesday’s Wall Street Highlights: WeWork, UBS, Sanofi, Alteryx, Intel, and more.
U.S. index futures point to a negative opening this Tuesday, signaling a cautious reaction from investors to recent mixed corporate earnings and unfavorable economic indicators coming from Europe. The market also remains in anticipation of insights from Federal Reserve members and the impending release of American trade balance data, elements that may provide additional direction…