Friday, November 29, 2024

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Stock Market

Peloton replaces CEO after 90% stock slide during his tenure, plans more layoffs

Barry McCarthy is stepping down as Peloton’s CEO, the connected-fitness company announced on Thursday morning. Source link

Shake Shack beats profit expectations as sales trends improve each month

Shake Shack Inc. on Thursday reported first-quarter profit that beat expectations and nudged up its full-year outlook, as improved margins helped offset revenue...

Cardinal Health’s stock falls on mixed quarterly results

Cardinal Health’s shares fell premarket Thursday after the company reported mixed quarterly results but raised its full-year profit outlook. Source link

Intel and Microsoft are on different paths to profit from AI. One will be right.

Tech giants’ recent earnings reveal a clear winner in market leadership and momentum. Source link

I’m in my 50s, earn over $200,000, own a $1.75 million home and have $4 million in savings. Should I pay off my 2.75%...

“My business has been doing well lately, and I am able to take nice owner distributions of $10,000 to $30,000 per month,” Source link...

Powell says he doesn’t see ‘stag’ or ‘flation.’ UBS has a playbook if he’s wrong

A team of UBS derivatives strategists led by Maxwell Grinacoff put together a playbook for a stagflation scenario Source link

Two-year Treasury yields back below 5% after Powell suggests rate hike unlikely

Bond yields fell early Thursday as the market continued to express relief that the Federal Reserve’s latest monetary policy meeting passed without a...

Qualcomm could prove to be an underrated AI story

Chip designer Qualcomm Inc. could be the sleeper stock of the AI hardware boom. Source link

Exxon-Pioneer deal set to be cleared by FTC, reports say. But there’s an unusual twist.

Exxon Mobil Corp.’s $60 billion takeover of Pioneer Natural Resources is set to be cleared by U.S. regulators, according to reports Wednesday, but...

Etsy shares plunge 12% on decline in gross merchandise sales

Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales. Source...

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