Tag: NYSE:TOST
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Reddit Rises 15% After First Quarterly Report, Upstart and Twilio Plunge Due to Weak Q2 Forecast, and More in Earnings
Reddit (NYSE:RDDT) – Shares of the social media company rose 15% in pre-market trading due to better-than-expected quarterly earnings in its first report since the company went public in March. Reddit generated revenue of $243 million, surpassing the $212.8 million expected by FactSet analysts. The loss per share was $8.19, which may not be directly…
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U.S. Index Futures Mixed in Pre-Market Tuesday, Oil Dip
U.S. index futures signal a mixed opening this Tuesday in pre-market trading, reflecting investors’ caution as they assess the latest quarterly results. At 6:44 AM, the futures of the Dow Jones Industrial Average (DOWI:DJI) were up 66 points, or 0.17%. S&P 500 futures advanced 0.05%, and Nasdaq-100 futures fell -0.14%. The yield on 10-year Treasury…
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Nike Workforce Reduction, The Trade Desk Soars 19% on $606 Million Revenue, and Latest News
Nike (NYSE:NKE) – Nike will cut over 1,600 jobs, about 2% of its workforce, to reduce costs after forecasting lower profits. Nike outlined a $2 billion cost-saving plan over the next three years, including measures such as supply optimization, supply chain improvement, and automation, with layoff costs estimated between $400 million and $450 million in…
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U.S. Futures Edge Higher Ahead of Key Economic Data Release, Oil Prices See Modest Declines
On Thursday morning, U.S. index futures indicate a modestly positive opening, in anticipation of the release of important economic indicators from the retail and industrial sectors. At 05:55 AM, the futures for the Dow Jones (DOWI:DJI) rose by 50 points, or 0.13%. The S&P 500 futures increased by 0.09%, and the Nasdaq-100 futures went up…
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Wednesday’s Wall Street Highlights: Spirit AeroSystems, Upstart, Toast, Upwork, Take-Two, Sleep Number, and more
U.S. index futures signal a muted opening in Wednesday’s pre-market as investors assess the impact of the recently released inflation rate in Germany and review corporate earnings results. The market is on hold, awaiting remarks from Jerome Powell, the Federal Reserve Chairman, which could provide new clues on the direction of monetary policy. As of…
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Wednesday’s Wall Street Highlights: Amazon, Disney, Upstart, Doximity, Toast, WeWork and more
US index futures were higher in premarket trading on Wednesday, moving to recover from recent losses as investors digested the tax cut on banks in Italy and data in China. By 6:42 AM, Dow Jones futures (DOWI:DJI) were up 62 points, or 0.18%. S&P 500 futures and Nasdaq-100 futures were up 0.25% each. The 10-year Treasury yield…
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Wall Street Highlights for Wednesday: CPI, Airbnb, Twilio, Alphabet, Upstart and more
US Index Futures reversed higher after the latest inflation reading. Dow Jones futures were up 0.2%, while S&P 500 and Nasdaq-100 futures were up more than 0.3% each. The consumer price index, which measures the cost of a wide range of goods and services, rose 0.4% in April, despite more than a year of Federal Reserve…