Investing
Shares of Coursera Inc. COUR, +0.12% rallied more than 14% in the extended session Thursday after the open online course provider reported a narrower-than-expected third-quarter loss and raised its revenue guidance for the year. Coursera lost $32.1 million, or 21 cents a share, in the quarter, compared with a loss…
Britain’s Office of National Statistics (ONS) was recently forced to make a change in how it calculates the unemployment level. There were good reasons for doing so, but it sure seems like its gogin to make life hard for policy makers at the Bank of England (BoE,) the United Kingdom’s…
Boston Beer Co.’s stock SAM, -12.40% tumbled 6% after hours Thursday, after the brewer of Sam Adams beer . The company posted net income of $45.3 million, or $3.70 a share, for the quarter, up from $27.3 million, or $2.21 a share, in the year-earlier period. The number included a…
The traditional 60/40 investment portfolio, a staple of American retirement planning, has been taking a beating since the start of 2022. Incredibly, even during a bear market, this supposedly moderate-risk approach has underperformed compared to the S&P 500. This unexpected phenomenon can be traced back to peculiar economic conditions over…
Shares of DexCom Inc. DXCM, +10.11% shot up 15.3% to pace the S&P 500’s SPX, -0.48% after-hours gainers on Thursday, after of maker of glucose monitoring systems reported third-quarter profit that beat expectations by a wide margin, and boosted its revenue outlook. Net income rose to $120.7 million, or 29…
The confectioner is popular with gurus as of the 2nd quarter Summary The stock was held by 21 gurus, compared with 11 for Hershey and five for Tootsie Roll. Is there something that sets the company apart? As the spookiest night of the year quickly approaches, investors may be taking…
Deckers Outdoor Corp. DECK, +18.94% shares rallied 10% in the aftermarket Thursday after the maker of Ugg boots and Hoka sneakers reported fiscal second-quarter results that sailed past Wall Street expectations, saying demand for its products continued to be strong. Deckers earned $179 million, or $6.82 a share, in the…
Key takeaways Amazon tripled its profit and surpassed revenue expectations for the third quarter But AWS came in a hair short of investor expectations Amazon’s stock price closed 0.6% down but gained 5% in after-hours trading with CEO Andy Jassy’s reassurance on the investors’ call Earnings season is in full…
Large cryptocurrencies were mixed during morning trading on Thursday, with Dogecoin DOGEUSD, +0.18% seeing the biggest move, rising 5.50% to 7 cents. Solana SOLUSD, -0.40% led the decreases with a 1.42% drop to $32.02. Five other cryptocurrencies saw increases Thursday. Cardano ADAUSD, +0.18% rose 4.67% to 29 cents, and Uniswap…
In trading on Friday, shares of Chevron entered into oversold territory, changing hands as low as $145.67 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is…