Constellation Brands beer sales soar, but demand for wine and spirits plummets
Takeaways Strong beer sales helped Constellation Brands beat profit and revenue forecasts, but demand for wine and spirits fell. Modelo Especial, which overtook Bud Light as the top
ExxonMobil says third-quarter profits boosted by higher prices and better margins
Takeaways Higher oil prices and better industry margins gave ExxonMobil's third-quarter profits a boost from the previous three months, the company said in an SEC filing. Gains in
Forex market review as of 10/6/2023
Hello. Below are several recommendations for trading on the Forex market on 10/6/2023 EURUSD On the EURUSD pair, in general, like on other pairs x nothing new, let’s
Lamb Weston profits soar on rising prices and jump in potato processor's shares
Takeaways Lamb Weston's profits soared as the potato processor benefited from higher prices. Net income and earnings per share more than doubled in the quarter from last year,
Rivian shares fall as electric vehicle maker announces $1.5 billion 'green' bond offering
Takeaways Rivian Automotive Inc. shares fell 20% in early trading Thursday after the maker of electric pickup trucks and SUVs announced a $1.5 billion bond offering. The company
Clorox shares plummet after warning cyberattack would impact quarterly results
Takeaways Clorox warned that a cyberattack in August would have a significant negative impact on its quarterly results. The cleaning products maker said it would have no net
Sunrun shares fall to over 3-year low after downgrade due to rate headwinds
Key takeaways Sunrun shares fell to their lowest level in more than three years before paring some losses after a Truist rating downgrade. Truist's Jordan Levy warned that
Apple shares Waver following KeyBanc downgrade due to weak US sales outlook
Takeaways Apple shares fluctuated between gains and losses on Wednesday after a rating downgrade from KeyBanc, which expects the company's U.S. sales growth to slow. KeyBanc reportedly said
Forex market analysis as of 10/5/2023
Hello. Below are several recommendations for trading on the Forex market on 10/5/2023 USDJPY The USDJPY pair paused today and drew a Doji pattern. And what to expect
Tesla shares gain as electric vehicle maker offers lower-priced Model Y SUV
Key takeaways Tesla shares rose about 6% on Wednesday as the electric vehicle (EV) maker announced a cheaper version of its most popular vehicle, the Model Y. The