Gap (GPS) earnings Q2 2023

Pedestrians walk past Old Navy and GAP stores in Times Square, New York City.Drew Angerer | Getty ImagesGap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer warned of an "uncertain consumer" and posted another quarter of declining sales across all four of its...

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Viasat’s Inmarsat I6 F2 satellite suffers power failure

An artist's rendering of an I6 satellite in orbit.InmarsatA second Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently acquired U.K.-based Inmarsat, the company said on Thursday.The I6 F2 satellite, which Inmarsat launched in February, suffered a failure with its power system while climbing in...

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AFRM, GPS, MRVL and more

Check out the companies making headlines in extended trading on Thursday.Customers walk through a shopping mall along the Magnificent Mile in Chicago, March 15, 2023.Scott Olson | Getty ImagesAffirm Holdings —  The stock added 10.8% after its quarterly results came in better than expected. Affirm posted a loss of 69...

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Helping clients be more realistic about their investing horizon

Pontera is continuing its growth with yet another partnership with a large wealth management firm. The fintech company, which lets financial advisors manage assets in held-away retirement accounts, announced a deal Wednesday with Summit Financial Holdings, a firm for breakaway advisors with $9 billion in assets under advisement. Advisors affiliated...

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Dollar Tree (DLTR) earnings Q2 2023

Shares of Dollar Tree fell Thursday and hit a 52-week low, after the retailer said customers' shopping lists have largely narrowed to food and necessities.The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending. Macy's and Foot Locker also...

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