Author: Daniel snow
Tiffany Hagler-Geard | Bloomberg | Getty ImagesIntuit on Thursday reported quarterly results that beat analysts’ estimates and issued stronger-than -expected guidance for the full year. The stock rose about 4% in extended trading. Here’s how the company did compared to analysts’ estimates compiled by LSEG:Earnings per share: $11.65 adjusted vs. $10.91 expectedRevenue: $7.8 billion vs. $7.56 billion expectedRevenue in the fiscal third quarter increased 15% from $6.7 billion a year ago. Intuit is best known for its TurboTax and QuickBooks software. The latest quarter ended on April 30, two weeks after the deadline for filing tax returns in the U.S.For its full fiscal…
While their approaches differ, both leaders agree: culture starts with respecting the front line. Source link
UnitedHealth investors have another bitter pill to swallow, as the CMS said it was aggressively growing its audit team to suss out “fraud, waste and abuse.” Source link
General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen.General MedicineAfter selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.”PillPack founders TJ Parker and Elliot Cohen on Thursday launched a new venture called General Medicine. Parker and Cohen are joined by Ashwin Muralidharan, who most recently served as the technical adviser, or “shadow,” to Amazon’s top health executive Neil Lindsay.General Medicine is an online health-care marketplace, where users can get connected with a provider based on specific medical…
After a disastrous stretch of scandals linked to the 737 MAX jet, the plane maker is listening closely when workers find problems. Source link
In the past, when bonds sold off, it typically was seen as a promising sign for stocks. It meant that traders were betting on a stronger economy — but not this time. Source link
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty ImagesAmerican Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but cautioned that the impact is “modest.””There probably is some amount of book-away from Newark flights over into LaGuardia, JFK, maybe Philadelphia to a lesser extent,” CFO Devon May said at the Wolfe Research conference.The Federal Aviation Administration this week ordered airlines to temporarily cut flights at…
Happy ‘Bitcoin Pizza Day.’ If you’re not exactly sure what that is or why it matters, here’s a delicious guide. Source link
Sometimes change comes not in the form of a new word but in the form of an “uh.” Source link
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are rebounding from Wednesday’s sell-off as interest rates retreat from their recent highs. The tech-heavy Nasdaq is leading the market higher with strength in technology stocks. Club name Amazon got a midday bump after it was reported that Bill Ackman’s Pershing Square started a new position in Amazon in April. Wheeling and dealing: Honeywell has made yet another deal. The Club industrial conglomerate said on Thursday that it bought…