Earnings
Wix.com Ltd. Reports Strong Q2 Performance with $458.4 M in Bookings
Wix.com Ltd. has reported robust financial results for the second quarter of 2024.
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Market Analysis
Airbnb Stock Tumbles as Travel Giant Forecasts Slowing Growth
Airbnb's shares plummeted after the company announced lower-than-expected revenue forecasts for the third quarter, signaling a potential slowdown in the U.S. travel market.
Market Analysis
Stocks to Watch Today: Palantir, Nvidia, and UBER
Palantir, NVIDIA, and Uber saw significant stock gains today following positive earnings reports and analyst upgrades.
Earnings
UBER Q2 Results Beat Expectations: $0.47 EPS, $10.7 B in Revenue
Uber Technologies, Inc. (NYSE: UBER) demonstrated a strong financial performance in Q2 of 2024, with Gross Bookings increasing by 19% to $40.0 billion.
Earnings
Caterpillar Inc.’s Mixed Q2 2024: Sales Decline by 4% y/y
Caterpillar Inc. reported a mixed performance in the second quarter of 2024, with sales and revenues declining by 4% compared to the same period last year.
Market Analysis
Mars Explores $30 Billion Acquisition of Kellanova (K), Stock Surges
Mars Inc., the maker of Snickers and M&M's, is reportedly exploring a $30 billion acquisition of Kellanova, the snack food company recently spun off from Kellogg.
Earnings
Chevron (CVX) Reports Q2, $2.55 EPS Falls Short of Expectations
Chevron Corporation reported a decline in earnings for the second quarter of 2024, citing unfavorable foreign currency effects as a contributing factor.
Earnings
Exxon Mobil (XOM) Reports Q2: Beats Forecast with $2.14 EPS, $93.06 B in Revenue
Exxon Mobile reported a better-than-expected Q2 with $9.2 billion in earnings, $2.14 per share.
Market Analysis
Intel Faces Legal Probe Amid Processor Issues, Stock Dips
Intel Corporation faces a potential class action lawsuit over reported instability issues in its latest processor generations.
Market Analysis
Stocks to Watch Today: MRNA, META, and AMAT
Meta Platforms surged on strong earnings and AI progress, while Moderna plummeted after slashing its sales outlook and Applied Materials saw its stock drop after being…
Earnings
Cummins Inc. (CMI) Beats Q2 EPS and Revenue Expectations
Cummins Inc. (CMI) exceeded market expectations in Q2 2024, with an EPS of $5.26 surpassing the projected $4.83.
Earnings
Eaton Corporation (ETN) Beats Q2 Expectations with $2.73 Adj. EPS, $6.35 B in Revenue
Eaton Corporation plc (NYSE: ETN) has reported record-breaking performance for Q2, with EPS at $2.48, a 33% increase compared to the same period in 2023.
Earnings
Cigna Group’s Q2 Revenues Soar to $60.5 Billion, Beats Expectations
The Cigna Group (NYSE: CI) posted Q2 2024 results, with total revenues jumping 25% to $60.5 billion.