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Author: Daniel snow
The chip company is waiting to sell its H20 chips in China again, which a Mizuho analyst said will help the case for its earnings per share to reach $7 next fiscal year. Source link
UnitedHealth’s stock falls to five-year low as outlook was reinstated but missed expectations
The health insurance giant’s second-quarter profit missed expectations as it continues to face higher medical costs. Source link
Consumer confidence rebounds slightly in July on easing inflation fears and higher stock prices
“Consumers are rattled,” one analyst noted, “and rattled consumers spend less than confident consumers.” Source link
This marks the second straight quarter that broader macroeconomic uncertainty has impacted UPS’s outlook. Source link
Job openings decline and hiring tapers off due to trade wars. The good news? Layoffs are still low.
Job openings in the U.S. fell in June close to a post-pandemic low as trade wars discouraged businesses from hiring, but the rate of layoffs also stood near a record low in a good sign for the broader economy. Source link
Merck’s stock is falling after a rare revenue miss, and the announcement of a $3 billion cost-cutting plan that will include layoffs. Source link
Young adults are increasingly turning to investing and entrepreneurship to achieve their financial goals. Source link
The combined railroads will span more than 50,000 route miles across 43 states. Source link
Home prices in the 20 biggest metros in the U.S. continued to slow as the housing market weakened under the weight of high mortgage rates and increasing unaffordability. Source link
September typically is a loser. August’s return depends on the index you track. Source link