MicroStrategy Stock Surges on Stock Split
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11Jul
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11Jul
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11Jul
Audi, Inter Miami CF strike multiyear partnership
Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team's official automotive partner.Courtesy: AudiAudi is driving up its sports investments and becoming the official automotive partner of Inter Miami CF.The Volkswagen-owned company announced Thursday it has struck a multiyear partnership with the South Florida soccer...
11Jul
CPI inflation report June 2024:
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for the Federal Reserve to start lowering interest rates later this year.The consumer price index, a broad measure of costs for goods and services across the U.S. economy, declined 0.1%...
11Jul
Stocks making the biggest moves premarket: DAL, COST, PFE
Check out the companies making headlines before the bell. Delta Air Lines — Shares tumbled 9% after the airline issued a lower-than-expected sales growth forecast in the current quarter. Net income also fell 30% in the second quarter despite revenue reaching record highs. Costco Wholesale — Costco shares added...
11Jul
FanDuel, DraftKings prepare for gambling rise
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics.Sopa Images | Lightrocket | Getty ImagesSportsbooks and daily fantasy operators are preparing for a Summer Olympics bump.The games in Paris, set to start...
11Jul
Pfizer weight loss pill moves forward as once-daily version
Sopa Images | Lightrocket | Getty ImagesPfizer on Thursday said it will move forward with a once-daily version of its weight loss pill, danuglipron, after it saw "encouraging" data in an ongoing early-stage study. The company evaluated several once-daily formulations of the drug and identified one with "the most...
11Jul
Delta Air Lines (DAL) earnings Q2 2024
Nurphoto | Nurphoto | Getty ImagesDelta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its earnings forecast fell short of analysts' estimates.Shares of Delta fell about 7% in premarket trading. Here's how the company performed in the three months...
11Jul
PepsiCo (PEP) earnings Q2 2024 earnings
Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks and snacks.The company also narrowed its revenue...
11Jul
AAPL, AMZN, GOOGL, META, MSFT, NVDA should dominate the market
We hear the warnings all the time. The market is only driven by a handful of massive tech stocks – and therefore, it's built on a weaker foundation than a market advancing on a broader swath of its constituents. We think that view is lazy and misguided. In his...