“Dollar-Rand Pair Predicted to Plunge in Coming Months: CIBC Reveals Exciting Forecast!”
According to analysts at CIBC, the recent issues surrounding banks, combined with high ZAR nominal yields, have led investors to abandon their assets for the safety and liquidity of the USD. This has resulted in a capital flight, with speculative investors extending ZAR shorts to all-time extremes in the wake of a record weekly ZAR […]
“New Rent the Runway CFO Reveals Dimmer Sales Forecast: Full-Year Projections Fall Short!”
Rent the Runway Inc., an online fashion marketplace, posted better-than-expected quarterly results and predicted a significant increase in subscriber growth. However, the company also issued a sales forecast for the entire year that fell short of expectations. Shares were down 7% in after-hours trade as a result. Rent the Runway announced that Scarlett O’Sullivan will […]
“WD-40 Stock Tumbles: Earnings Triumph Overshadowed by Gloomy Forecast – Don’t Miss the Details!”
WD-40 Co. shares fell in the extended session on Thursday, dropping by as much as 4%, despite reporting fiscal second-quarter results that surpassed Wall Street estimates. The decline followed the cleaning and maintenance products company’s earnings forecast for the year, which Wall Street had not anticipated. WD-40’s shares had remained practically flat, closing the regular […]