BYD Seagull EV puts global auto execs, politicians on edge
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images LIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive industry. It’s not the EV itself […]
Nervous about your stocks? This pro strategy gives you income and a market edge
Selling covered call options against your stock positions is a portfolio security blanket.
Medicare can cover weight loss drugs if used for added health benefit
Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Medicare can start covering certain weight loss drugs for the first time — as long as they are approved for an added health benefit, the Centers for Medicare and Medicaid Services said Thursday. […]
Lululemon’s stock drops on soft revenue forecast
Lululemon Athletica Inc.’s stock slumped 11% in after-hours trading Thursday after the retail company posted quarterly results that topped analysts’ revenue and earnings estimates but offered light guidance.
United Airlines starts letting customers pool frequent flyer miles
Passengers check in for United Airlines flights at O’Hare International Airport in Chicago, Illinois, Dec. 13, 2022. Scott Olson | Getty Images Here’s a friendship test: Would you share your frequent flyer miles with your pals? United Airlines is betting customers will be open to it. The airline on Thursday started allowing members of its […]
FedEx’s stock jumps 13% after logistics company raises guidance, trims spending
FedEx Corp. raises guidance and says it will continue to cut costs and trim spending.
Nike (NKE) earnings Q3 2024
Nike‘s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than expected growth in North America and price changes. Here’s how the company performed in its fiscal 2024 third quarter compared with what Wall Street was anticipating, based on a survey […]
Lululemon (LULU) earnings Q4 2023
Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer’s guidance came in below estimates as its growth in North America stagnates. Here’s how company did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings […]
Stock market momentum and S&P 500 strength look solid
Volatility is low and market signals are still flashing green.
ESPN executives talk streaming plans in CNBC documentary
Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per subscriber, according to data from S&P […]
