Shares of Walmart (WMT) fell more than 4% to lead the Dow Jones Industrial Average lower Thursday after the giant retailer posted a quarterly profit that missed expectations. The Bentonville, Ark.-based firm reported adjusted earnings per share of $0.68 for the second quarter, below the $0.73 analysts surveyed by Visible Alpha called for. Revenue grew […]
Walmart Stock Slips as Q2 Profit Comes Up Short Read More »
Key Takeaways Coty reported an unexpected quarterly loss, which it blamed on retailers being “cautious.” Like-for-like sales dropped 9% year-over-year. Coty said it expects like-for-like sales to fall in both the current and following quarter before returning to positive territory in the second half of the fiscal year. Shares of Coty (COTY) plunged nearly 22%
Coty Stock Plunges Over 20% After Cosmetics Maker Reports Surprise Loss Read More »
Key Takeaways Coty reported an unexpected quarterly loss, which it blamed on retailers being “cautious.” Like-for-like sales dropped 9% year-over-year. Coty said it expects like-for-like sales to fall in both the current and following quarter before returning to positive territory in the second half of the fiscal year. Shares of Coty (COTY) plunged nearly 22%
Coty Stock Plunges Over 20% After Cosmetics Maker Reports Surprise Loss Read More »
Biggest S&P 500 Movers on Thursday 21 hr 14 min ago Decliners Shares of First Solar (FSLR) plunged 7%, leading losses on the S&P 500 after President Trump said the U.S. wouldn’t approve solar or wind projects, citing high electricity costs in states that utilize the renewable energy technologies. Other solar stocks including Sunrun (RUN),
Biggest S&P 500 Movers on Thursday 21 hr 14 min ago Decliners Shares of First Solar (FSLR) plunged 7%, leading losses on the S&P 500 after President Trump said the U.S. wouldn’t approve solar or wind projects, citing high electricity costs in states that utilize the renewable energy technologies. Other solar stocks including Sunrun (RUN),
Key Takeaways Mortgage rate forecasts for the end of this year and next year are only modestly lower than current rates. The Federal Reserve is likely to lower interest rates in September, but 2025 rate cuts are not guaranteed. And even with a rate cut, mortgage rates may not drop. If you find a home
Where Mortgage Rates Are Headed Through 2026—And What It Means for Buyers Read More »
Key Takeaways Mortgage rate forecasts for the end of this year and next year are only modestly lower than current rates. The Federal Reserve is likely to lower interest rates in September, but 2025 rate cuts are not guaranteed. And even with a rate cut, mortgage rates may not drop. If you find a home
Where Mortgage Rates Are Headed Through 2026—And What It Means for Buyers Read More »
The global mining sector extracts and refines a wide range of materials, used in everything from construction to automotive output to electricity generation and electronics production. Each of these produces significant carbon dioxide emissions and has contributed to environmental degradation such as deforestation. These can have negative implications for a range of local stakeholders. In
An Expert Guide to Unearthing Sustainable Investment in Mining Read More »
Key Takeaways OpenAI runs its AI software on Nvidia’s graphics processing units, or GPUs. Nvidia’s gross profit margins from the industry have been estimated at about 80%, sometimes referred to as the “Nvidia tax.” Google began investing in its own tensor processing units, or TPUs, in 2015, so it doesn’t have to buy hardware from
Key Takeaways OpenAI runs its AI software on Nvidia’s graphics processing units, or GPUs. Nvidia’s gross profit margins from the industry have been estimated at about 80%, sometimes referred to as the “Nvidia tax.” Google began investing in its own tensor processing units, or TPUs, in 2015, so it doesn’t have to buy hardware from