Shares of Yeti Holdings Inc. (YETI) witnessed a 1.9% increase in premarket trading on Thursday, following the release of the company's second-quarter financial results. Yeti, known for its high-quality drinkware, coolers, and outdoor products, reported a slight miss on revenue expectations while surpassing profit estimates. As a result, the company has raised its full-year … [Read more...] about Yeti Holdings Reports Mixed Results for Q2 2023
LA Live to Host the 75th Emmy Awards
LOS ANGELES (AP) — The highly anticipated 75th Emmy Awards, delayed due to a strike, will now take place on January 15th at the Peacock Theater in downtown Los Angeles. This shift in date positions the awards show within Hollywood's prestigious awards season, a refreshing change for industry professionals and viewers alike. A Strategic Rescheduling The decision to move the … [Read more...] about LA Live to Host the 75th Emmy Awards
U.S. Stocks Show Marginal Gains After Inflation Report Release
Overview U.S. stocks experienced slight upward movement on Thursday, following the release of the much-awaited inflation report for July. Despite a significant initial surge, the market only saw modest gains by the end of the trading session. Key Details The S&P 500 (SPX) edged higher by 1.20 points, or less than 0.1%, reaching 4,468.91 as per preliminary data from … [Read more...] about U.S. Stocks Show Marginal Gains After Inflation Report Release
Pagaya Technologies Reports Strong Q2 Results
Shares surge in after-hours trading following better-than-expected earnings and revenue Pagaya Technologies Ltd. (PGY) experienced a significant rally in share price during the extended session on Thursday. The AI-backed fintech data company exceeded Wall Street expectations with its adjusted results and optimistic outlook. Impressive Financial Performance Despite a 5% decline … [Read more...] about Pagaya Technologies Reports Strong Q2 Results
Siemens Reports Profit in Q3
Siemens, the German industrial company, announced that it achieved a net profit of 1.4 billion euros ($1.54 billion) in the third quarter. This marks a significant turnaround from the net loss of 1.5 billion euros reported in the same period last year. The company attributed the positive result to strong growth in its digital-industries, smart-infrastructure, and mobility … [Read more...] about Siemens Reports Profit in Q3