Why Kellenova Stock Jumped Despite The Food Company Missing Earnings Estimates
Key Takeaways Kellanova, the snacks and breakfast food company spun off of Kellogg in 2023, …
Wayfair Stock Soars As Home Furnishing Retailer Trimmed Its Losses in Q1
Key Takeaways Wayfair on Thursday reported better-than-expected first-quarter results, sending shares of the online home …
Etsy Stock Dives as Retailer Warns of ‘Challenging Environment’ for Consumer Spending
Key Takeaways Shares of e-commerce company Etsy fell sharply Thursday after the company released disappointing …
Peloton Sweats Out Another Restructuring; CEO Heads Out the Door
Key Takeaways Peloton announced new cost-cutting measures, including layoffs, and that CEO Barry McCarthy was …
Chipmaker Qualcomm’s Stock Gains on Earnings, Revenue Beat
Key Takeaways Qualcomm shares rose in extended trading Wednesday after the chipmaker reported fiscal second-quarter …
CVS Falls as Health Care Costs Pressure Profits
Key Takeaways The S&P 500 fell 0.3% on Wednesday, May 1, 2024, as the Federal …
Biden Cancels $6.1 Billion in Debt For Students Misled By The Art Institutes
Key Takeaways President Joe Biden’s administration will write off more than $6.1 billion in student …
Yum! Brands Stock Price Slides as Sales at Pizza Hut and KFC Fall
Key Takeaways Yum! Brands shares fell after the fast-food restaurant operator reported earnings and revenue …
Pfizer Stock Gets Boost From Better-Than-Expected Earnings
Key Takeaways Pfizer’s stock rose Wednesday after first-quarter revenue and earnings fell less than expected. …
Estee Lauder Warns Macroeconomic Headwinds Will Hurt Sales, Sending Stock Lower
Key Takeaways Estee Lauder reported fiscal third-quarter profit and revenue that beat estimates, but lowered …