CarGurus Stock Skyrockets: Surpassing Estimates with Stellar Results and a Promising Forecast!
Online car-buying platform CarGurus Inc. reported first-quarter results and a second-quarter forecast that surpassed Wall Street’s expectations, leading to a 10.9% increase in shares in after-hours trade. The company anticipates Q2 sales of $220 million to $240 million, higher than the FactSet estimates of $222.2 million, and adjusted earnings per share of 22 cents to […]
“Amazon’s iRobot Target Sinks: Shocking Results Reveal Bigger Fiasco than Anticipated!”
Shares of iRobot Corp., the company behind the popular Roomba robotic vacuum, experienced an 8% drop after its Q1 2022 results revealed greater losses than expected. In the regular session, iRobot shares gained 0.5% to finish at $38.28 before plummeting in after-hours trading. The robot-appliance maker reported a first-quarter loss of $81.1 million, or $2.95 […]
Get $10 off with Amazon Prime: In-Store Pickup Rewards Await Loyal Customers
Amazon is reportedly offering customers a $10 incentive to collect their purchases from pickup locations such as Amazon Fresh, Whole Foods or Kohl’s stores, according to Reuters. By encouraging customers to collect their orders, Amazon aims to reduce its home delivery costs, especially amid decreased consumer demand. As the world’s largest e-commerce platform, Amazon is […]
Biden Hails Debt-Ceiling Meeting ‘Productive’, Short-Term Solution Remains on the Table
President Joe Biden has described a recent meeting with congressional leadership as “productive” in determining the path forward to ensure America does not default on its debt obligations. During the meeting, various strategies for resolving the debt ceiling crisis were discussed. While President Biden did not appear to support invoking the 14th Amendment as a […]
“Toast Stock Skyrockets After Impressive Quarter: Beating Expectations and Raising the Bar!”
Toast Inc., a leading provider of software solutions for the restaurant industry, saw its shares rise significantly in after-hours trading following the release of its Q1 financial results. The company reported better-than-expected financials and raised its guidance for the remainder of the year. The Boston-based software company, which offers a cloud-based point-of-sale system for restaurants, […]
“Maximize Your Savings: Kelley Blue Book Reveals Falling New-Car Prices and Irresistible Incentives!”
The average transaction price for new automobiles in the U.S. dipped 0.3% in April, according to industry research firm Kelley Blue Book. This drop in prices comes after around two years of higher prices due to shortages of chips and other parts, as well as markups from dealers. April marked the second consecutive month that […]
EIA Slashes Price Forecasts for WTI and Brent Oil: What Will it Mean for You?
The Energy Information Administration (EIA) recently released its monthly Short-Term Energy Outlook report, which included reduced forecasts for U.S. and global benchmark crude oil prices in 2023 and 2024. This downward revision comes as concerns about weakening global economic conditions, risks in the global banking sector, and persistent inflation continue to weigh on oil prices. […]
TScan Stock Skyrockets as Amgen Joins Forces for $500M Crohn’s Disease Game-Changer Treatment
Rewrite and expand this content to 900 words Shares of TScan Therapeutics Inc. TCRX powered up 43.1% in premarket trading Tuesday, after the biopharmaceutical company announced a collaboration with Amgen Inc. AMGN to treat Crohn’s disease that could be worth more than $500 million to TScan. Amgen shares slipped 0.1% ahead of the open. Under […]
“US Stocks Dip as Eager Investors Brace for April’s Revealing Inflation Report!”
Rewrite and expand this content to 900 words U.S. stocks opened lower Tuesday, as investors await remarks from Federal Reserve Bank of New York President John Williams and look ahead to Wednesday’s inflation report. The Dow Jones Industrial Average DJIA was down 0.2% soon after the opening bell, while the S&P 500 SPX fell 0.4% […]
WeWork Stocks Plunge: Losses Shrink More Than Expected, Revenue Outlook Disappoints Projections
Shares of WeWork Inc. (WE) fell 0.6% in premarket trading on Tuesday after the flexible office workspace provider reported a narrower-than-expected first-quarter loss, mostly in line with quarterly revenue forecasts. However, the company’s second-quarter outlook is below Wall Street projections. In Q1, WeWork’s net losses reached $264 million or 34 cents a share, a slight […]