Stitch Fix beats estimates and plans more economical moves
Key Points Point Fixed stocks soared on Wednesday after reporting quarterly results that beat estimates. EBITDA exceeded company guidance due to "strict cost control" and the company said
Dave & Buster reports all-time highs for profits and sales
Key takeaways Dave & Buster has set earnings and revenue records. The restaurant chain has repurchased $200 million in stock so far this year. Two new deals will
Daily Forex analysis on 06/07/2023
Hello. The market is calm and nothing changes. Today, at the rates of Canada, I hope they stir up. Well, below, let's see what you should pay attention
GitLab shares soar as demand for AI increases
Key Points GitLab shares soared after the release of better-than-expected quarterly results. Chief Financial Officer Brian Robins said the company was “on point”; to benefit from surging demand
THOR Industries beats profit and sales forecasts, and shares rise
Key Points THOR Shares of Industries surged after third-quarter earnings and sales beat estimates. The RV maker still sees 'macro challenges'; to continue in the near term. THOR
EUR/USD sluggishly tries to rebound at the start of a light day
After a bearish start to the day that saw EUR/USD fall to as low as 2018. a hollow at 1.0675, the currency pair gained respite with the help
EPAM cuts forecast as customer spending plummets
Key Points EPAM Systems cut its revenue and earnings outlook for the current quarter and for the full year. The company said it found customers were “being more
GM Will Spend Over $1 Billion On New Internal Combustion Engine Pickups
Key takeaways GM said it would invest more than $1 billion to manufacture new heavy-duty ICE pickups. Two plants in Flint, Michigan will be upgraded to build the
Sales of Chinese-made Tesla electric vehicles soar
Key Points Sales Chinese-made Tesla electric vehicles soared in May and were up 142% over the same period in 2022. COVID-19 restrictions had limited Tesla production in 2022.
Potential 'Forever Chemicals' settlement boosts 3M stock
Key takeaways 3M shares jumped following a settlement report over allegations of water pollution by 'forever chemicals'. The $10 billion+ deal could save 3M from trial in South