Ross Stores gains 5% on stronger-than-expected same store sales, raised guidance
Ross Stores, Inc. (NASDAQ:ROST) got a boost after the retailer reported a stronger-than-expected second quarter and offered fourth quarter guidance…
Ethiopian Airlines to manufacture parts in venture with Boeing
(Reuters) – Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing (NYSE:BA) at an initial cost of…
The Trade Desk ‘well aligned with ongoing trends’ – Baird
Baird analysts started coverage of The Trade Desk, Inc. (NASDAQ:TTD) with an Outperform rating and $88 per share price target…
Netflix U.S. member penetration increased in July – TD Cowen
TD Cowen analysts told investors Friday that Netflix’s (NASDAQ:NFLX) US member penetration rose in July. In a research note, the…
Analysis-Chocolate makers’ prospects sour as cocoa prices spike
(Reuters) – Chocolate makers like Hershey and Mondelez (NASDAQ:MDLZ) face tougher trading conditions over the next year as they attempt…
Allianz bolsters private credit bet with new $1.6 billion fund
(Reuters) – Allianz (ETR:ALVG) Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at…
China unveils measures to revive stock market
(Reuters) – China’s securities regulator unveiled a package of measures on Friday aimed at reviving a sinking stock market, but…
Dow futures edge lower; Jackson Hole summit looms large
U.S. stock futures weakened Friday, on course to record another losing week as U.S. economic resilience raised concerns about future…
China’s Xpeng falls on dull forecast as EV price war takes toll
(Reuters) – Xpeng (NYSE:XPEV) on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an…
Applied Materials gains on strong guidance, FQ3 earnings beat; analysts sees more room for outperformance
Applied Materials delivered blowout earnings guidance after fiscal third-quarter results beat analyst estimates as the ongoing enterprise race to join…