- August 2, 2024
Twilio’s stock soars 7% after earnings beat as company offers upbeat guidance
Twilio Inc.’s stock rose 6.7% in after-hours trade Thursday, after the company beat earnings estimates for the second quarter and offered upbeat guidance. Source link
Cloudflare’s ‘terrific’ quarter lifts stock by 10%
The cybersecurity and software company deemed its second quarter “terrific” and guided for better times ahead. Source link
Japanese stocks fall sharply as yen strengthens
Japanese stocks fell sharply as the yen strengthened following the Bank of Japan’s rate increase this week and as signs of cooling U.S. economy hit
DoorDash loses more than expected in Q2. But shares are rallying, and it plans to keep investing in expansion.
DoorDash Inc.’s third-quarter forecast for a key demand metric on Thursday came in above Wall Street’s expectations, but the delivery app lost more than expected
Bond ETFs attract record flows in July as investors position for Fed rate cuts
Investors poured money into bond-focused exchange-traded funds in July, according to State Street Global Advisors. Here’s where their money went within fixed income — and why.
Why Intel is suspending its dividend — as stock heads for worst drop since 2000
Intel’s stock is getting hammered as the company’s forecast disappoints Wall Street. Source link
Roku benefits from ‘focus on value’ as it narrows quarterly loss
Roku said that the number of its streaming households rose 14% to 83.6 million, and the number of streaming hours was up 20% to 30.1
DraftKings shares skid after revenue miss weighs against surprise profit
Fantasy-sports-contest and sports-betting company’s stock falls 5% after hours Source link
I retired comfortably on $100,000, so it’s not a myth – if you can handle the risk
A reader challenges the argument that you can’t have a happy retirement with a small nest egg Source link
Here’s when the next Fed rate cut could hit your savings account and credit-card bill
The Fed stayed put for now, but many see a rate cut coming in September. Source link