Stock Market

Shares of the customer service software company Zendesk, Inc. (ZEN) sank 6.3% in Thursday’s extended trading session after the company delivered weaker-than-expected Q2 results. Adjusted earnings of $0.13 per share fell short of analysts’ expectations of $0.16 per share. The company reported earnings of $0.14 per share in the prior-year period. However, revenues jumped 29% year-over-year to
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Sharing is Caring! by confoundedinterest17 The US economy is still growing at an above average rate quarter-over-quarter, but Q2’s GDP print was lower than expected (6.5% versus the expected 8.4%). US GDP growth slowed as M2 Money growth slowed. Although M2 Money growth us almost 2x real GDP growth. M2 Money velocity fell … again …
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NuVasive (NUVA) reported better-than-expected second-quarter results on impressive revenue growth during the quarter. The medical technology company engages in developing, manufacturing and selling of procedural solutions for spine surgery.  Adjusted earnings came in at $0.60 per share and surpassed the consensus estimate of $0.44. Also, it compares favorably with a loss of $0.40 per share
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In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
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Alphabet (GOOGL) reported blowout Q2 results, topping both earnings and revenue estimates driven by heightened online activity and growth in digital advertisements. Shares of Google’s parent company were trading around 3.5% higher in pre-market trading at the time of writing. Adjusted earnings almost trebled to $27.26 per share, beating Street estimates of $19.20 per share.
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In this article MCD BA PFE SPOT SHOP-CA AAPL Check out the companies making headlines before the bell: McDonald’s (MCD) – The restaurant chain reported adjusted quarterly earnings of $2.37 per share, compared to a $2.11 consensus estimate, with revenue also topping Wall Street forecasts. U.S. same-store sales surged 25.9% while global comps were up
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Sharing is Caring! by David Haggith  Interestingly, you’re about to find out that the fall in housing prices and home sales may power us further into high inflation for longer. We are entering a situation that could turn into a true oxymoron where lower prices equal higher prices as early as this week at the Fed’s
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Cassava Sciences (SAVA) shares have been on an almighty rampage in 2021, up by a huge 1,736% year-to-date. Those gains are down to the potential of simufilam, the company’s Alzheimer’s disease (AD) candidate for which clinical trial results have so far impressed all and sundry. However, on Monday, at the Alzheimer’s Association International Conference (AAIC),
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Sharing is Caring! by confoundedinterest17 Normally, we see the US Treasury yield curve slope rise dramatically after a recession. Except for after the shortest recession (2 months) in US history. Why? With the Covid outbreak in early 2020, The Fed chose to repress interest rates with a vengeance by lowering their target rate to 25 basis
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Sharing is Caring! by Michael Snyder This is a summer that none of us will ever forget.  There has been one apocalyptic disaster after another, and we haven’t even reached the halfway point yet.  At the same time that historic flooding has been absolutely devastating parts of Europe and China, unprecedented heat, drought and wildfires
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Sharing is Caring! by John Mauldin Great news: The US economy is officially out of recession. We know this because the National Bureau of Economic Research’s official recession-calling committee said so this week. The economy has been in an expansion phase since last April, making this the shortest recession on record at only two months. The NBER committee
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Investing strategies often pit the long-term view against the need for short-term results. Looking for quick gains requires a different mindset from that of an investor content to let a long-term story unfold. Avid street watchers will be aware recent times have been no bed of roses for Alibaba. (BABA). But assessing the Chinese ecommerce
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