LND topic: earnings page 59

earnings

Streaming Stocks Soar After Election as Spotify Hits All-Time High

November 9, 2024

Spotify, the music-streaming giant, achieved a significant milestone. Its stock closed above $400 for the first time ever on November 8th. The company, based in Stockholm, Sweden, now carries a valuation close to $80. 5 billion. This comes after a notable increase of 113% in its stock price this yea

education

Bye-Bye MCAS: Massachusetts Votes Away High School Exit Exam

November 7, 2024

Did you know that Massachusetts has said goodbye to the MCAS exam for high school graduation? That's right! The state voted to replace the MCAS requirement with coursework approved by districts. This big change happens right away for students graduating in 2025. The MCAS exam has been a part of Mas

politics

Bitcoin and Stocks Go Up as Election Results Come In

November 6, 2024

Tuesday night was an exciting time for investors. Futures on the Dow and S&P 500 climbed, and Bitcoin hit a new peak as early results from the U. S. presidential election rolled in. The U. S. dollar index also reached its highest level since July. Cryptocurrencies, often linked to former President T

business

CVS Health's New CEO Faces Challenges in First Quarter

November 6, 2024

CVS Health had a mixed third quarter, with increased medical costs hurting profits. This is the first report under new CEO David Joyner, who's trying to turn things around. The company expects these costs to stay high until the end of the year. They wouldn't give a formal outlook, but will share som

finance

How Traders Fund Their Moves Without Borrowing

November 6, 2024

Ever thought about how traders keep their trades going without adding extra money? Welcome to the world of self-financing trading! This concept is a big deal in Quantitative Finance. It was first introduced by Harrison and Kreps in 1979 and expanded by Harrison and Pliska in 1981. In simple terms, s

business

Trump's Media Group: A Rocky Election Day and Mixed Earnings

November 6, 2024

On Election Day 2024, Donald Trump's Trump Media & Technology Group, the owner of Truth Social, had a rollercoaster ride. The company's stock, DJT, was halted three times after unexpected drops. The day ended with the release of the company's third-quarter earnings, showing a decrease in revenue and

business

Yum Brands' Earnings Miss the Mark

November 5, 2024

Yum Brands announced its third-quarter earnings this Tuesday, falling short of what Wall Street expected. Both KFC and Pizza Hut saw their same-store sales drop more than anticipated. Here's a breakdown of the numbers: Earnings per share hit $1. 37, missing the expected $1. 41. Revenue came in

business

Palantir's Shares Soar After Boosted Guidance

November 5, 2024

Palantir Technologies, a data analytics software company, saw its shares surge by a whopping 23% on Tuesday, setting a new record high. This jump came after the company released impressive third-quarter results and optimistic future predictions. The stock price hit $51. 19, surpassing its previous p

business

Microsoft's Big Surge: Gaming Leads the Way as Cloud and AI Shine

November 5, 2024

Microsoft just reported a whopping 16% increase in revenue for the first quarter of the fiscal year 2025, reaching a massive $65. 6 billion. This figure not only surpassed what analysts expected but also showed where Microsoft is placing its bets for the future. Instead of relying heavily on traditi

business

Ford Hits the Brakes on Lightning Production in Response to Market Shifts

November 4, 2024

Ford is putting a temporary halt to the production of its F-150 Lightning electric pickup trucks at its Rouge Electric Vehicle Center in Dearborn, Michigan. The pause, scheduled to start on November 15, will last until January 6, 2025, which includes the usual holiday break week starting December 23