The Ferrari original factory entrance.Courtesy: FerrariFerrari on Thursday said its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive "personalization" options for their new cars.As it did last quarter, Ferrari again boosted its guidance for the full year following the results.Ferrari now...
Check out the companies making headlines in midday trading. Starbucks — Shares jumped more than 10% after the company posted an earnings and revenue beat in the fiscal fourth quarter. Management also reported better-than-expected performance in China, its second-largest market. Roku — The streaming video platform rallied 25% after...
David Paul Morris | Bloomberg | Getty ImagesHoliday shoppers are expected to spend more this year, but their eagerness for value and hunger for deals is likely to push that growth back down to pre-pandemic levels, according to the National Retail Federation.The major trade group expects sales in November...
Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023.Loren Elliott | ReutersApple will report fourth-quarter earnings after the bell on Thursday.Analysts expect Apple to report its fourth straight quarter of overall revenue...
While various types of technology continue to be a resource for advisors, many advisors say asset management websites are not one of them. Results released Thursday from a J.D. Power survey of 2,500 financial advisors found that one-fourth of the advisors said asset management websites weren’t meeting their basic needs. Craig...
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, March 29, 2023.George Frey | ReutersEli Lilly on Thursday said supply of its blockbuster diabetes drug Mounjaro has improved in the U.S....
