Market Analysis
Korn Ferry Q2 FY’24: A 3% Decrease in Revenue to $704M
Korn Ferry (NYSE: KFY) reported a mixed performance in Q2 FY'24 with a fee revenue of $704.0 million.
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Market Analysis
Oil Prices Drop as Increased US Supply Offsets OPEC+ Cuts
Oil prices failed to capitalize on recent production cuts as the market prices in unprecedented US exports.
Market Analysis
THOR Industries Beats EPS Forecast with $0.99, Despite Sales Drop in Q1
THOR Industries exceeded its expected earnings per share in the first quarter of fiscal 2024, despite facing a substantial decrease in net sales.
Market Analysis
Airlines Set for a Record-Breaking 2024, But Interest Rates Remain a Concern
Airline industry is expected to record a net profit of $25.7 billion on a 2.7% margin in 2024, per IATA's report.
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Three Stocks Targeted by Activist Investor Elliot Management
Could investors benefit from Elliott's impact?
Market Analysis
AutoZone Soars in Q1: EPS Hits $32.55, Beating Expectations
AutoZone Inc. (NYSE: AZO) exceeded expectations in the first quarter of fiscal year 2024 with an EPS of $32.55 and net sales of $4.2 billion.
Market Analysis
Ashtead Group Earnings: 16% Revenue Jump to $5.57B
Ashtead Group plc (AHT.L) showcased a robust first half with a 16% increase in revenue to $5.573 billion and a 6% rise in adjusted EPS, despite…
Market Analysis
NIO Inc.’s Q3 Surge: Sales Up, Profits Down in the Electric Vehicle Race
NIO reported a substantial increase in Q3 2023 revenue and vehicle deliveries, but faced a widened net loss and reduced vehicle margin.
Crypto
El Salvador’s President Says No Intention to Sell as BTC Holdings Turns Profitable
El Salvador's Bitcoin investment is profitable by over $3 million following the latest upswing in the cryptocurrency's price.
Market Analysis
SAIC Beats Expectations in Q3 with Stellar Earnings, Stock Up Premarket
SAIC reported a robust third-quarter fiscal year 2024 performance, with revenues of $1.909 billion and an EPS of $2.27, surpassing market expectations.
Market Analysis
Gold Prices Hit New High After Fed’s Comments on Inflation
Gold touched a new all-time high on Monday, lifted by Jerome Powell's remarks that current interest rate levels are keeping inflation under control.
Crypto
BTC is Up 19% Over 30 Days, How Far Can It Go in 2024?
Bitcoin surged above $41,000 to the highest point since April 2022 on growing expectations that the SEC will soon approve a spot BTC ETF.