Shares of Lindsay, a supplier of irrigation and road-infrastructure services, experienced a significant surge after announcing its fiscal fourth-quarter results that outperformed expectations set by Wall Street analysts. The stock soared by nearly 24% to $132.22 during morning trading. Although shares are still down by approximately 19% year-to-date, the positive earnings … [Read more...] about Lindsay Reports Strong Fiscal Fourth Quarter Results
earnings
Tesla’s Price Cuts to Continue in 2024, Says Goldman Sachs
Goldman Sachs analysts have predicted that Tesla's ongoing series of price cuts for its electric vehicles (EVs) will put further pressure on the company's margins in the coming year, according to a research note by Goldman's Mark Delaney. While the price reductions for Tesla's Model S and Model X cars will impact earnings this year, there will only be a partial offset from … [Read more...] about Tesla’s Price Cuts to Continue in 2024, Says Goldman Sachs
Warner Bros. Discovery Lowers 2023 Financial Guidance Due to Ongoing Strikes
Warner Bros. Discovery (WBD) stock experienced a slight decline of 0.2% in premarket trades on Tuesday. This comes as the company adjusts its 2023 financial guidance in response to the ongoing strikes initiated by the Writers Guild of America and the SAG-AFTRA actors in Hollywood. Optimistically, Warner Bros. Discovery hopes for a swift resolution to these strikes; however, the … [Read more...] about Warner Bros. Discovery Lowers 2023 Financial Guidance Due to Ongoing Strikes
Hilton Grand Vacations Expects Maui Wildfires to Impact Sales and Earnings
Hilton Grand Vacations, a resort timeshare company based in Orlando, Florida, predicts that the Maui wildfires will have a negative effect on its contract sales and earnings for the remainder of the year. While the company's two Maui properties were not physically damaged by the fires, it anticipates a significant decline in contract sales due to the ongoing fires and limited … [Read more...] about Hilton Grand Vacations Expects Maui Wildfires to Impact Sales and Earnings
Nvidia’s Plan Goes Awry
It seemed like everything was going as expected for Nvidia, the star of the S&P 500 this year. Their outstanding earnings report on Wednesday night initially sent their stock and index futures soaring in the premarket on Thursday. However, the situation quickly took a turn for the worse. Despite some minor gains, Nvidia's shares struggled to stay afloat while the major … [Read more...] about Nvidia’s Plan Goes Awry
