After Hours Market Movers: Dexcom, Coursera, Deckers Outdoor and More
Business

After Hours Market Movers: Dexcom, Coursera, Deckers Outdoor and More

More news - News 24 hours Here are some stocks that saw significant moves in after-hours trading: Dexcom Dexcom shares jumped after their quarterly earnings report beat Wall Street expectations. The company, known for its continuous glucose monitoring systems, reported stronger-than-expected revenue growth, fueling investor optimism and sending the stock up 7%. Lane Online learning platform Coursera saw its shares rise 5% after reporting better-than-expected revenue and user growth. The company cited increased enrollment and partnerships with educational institutions as key factors contributing to its positive performance. Deckers outdoors Deckers Outdoor, the parent company of popular brands like UGG and Teva, has seen its stock price rise 4%. The boost came after the...
Stellantis reports significant drop in first-half earnings due to weak U.S. sales
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Stellantis reports significant drop in first-half earnings due to weak U.S. sales

Related media - Latest news Stellantis, the multinational automaker behind brands including Jeep, Dodge and Chrysler, announced a 48% drop in net profit for the first half of 2024, mainly due to declining sales and production issues in the U.S. market. The company reported net income of €5.6 billion ($6.07 billion) in the first six months, down significantly from the same period in 2023. Adjusted operating income fell to €8.5 billion, down €5.7 billion, largely attributed to challenges in North America. Following the announcement, Stellantis shares in Milan fell 8.5%. CEO Carlos Tavares acknowledged the underperformance, citing a challenging industry landscape and internal operational challenges. He noted that many of the problems stemmed from U.S. operations, which were plagued by p...
‘Deadpool & Wolverine’ Set to Break R-rated Box Office Records
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‘Deadpool & Wolverine’ Set to Break R-rated Box Office Records

More news - News 24 hours Ryan Reynolds and Hugh Jackman return to the Marvel Universe in “Deadpool & Wolverine,” a film set to make history this weekend as it debuts with an R rating in Disney’s Marvel Cinematic Universe (MCU). The highly anticipated third installment starring Reynolds’ wisecracking antihero is expected to gross between $160 million and $180 million domestically during its opening weekend. It’s already the highest-grossing film of 2024 in advance, according to Fandango, and is on track to break several records, including the biggest domestic opening of the year and the biggest debut ever for an R-rated film. Disney and Pixar’s “Inside Out 2” currently holds the title as the year’s highest-grossing film with $154.2 million, while the original “Deadpool” boasts the be...
Ford Reports Significant Revenue Drop Due to Warranty Issues
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Ford Reports Significant Revenue Drop Due to Warranty Issues

More news - Latest news DETROIT — Ford Motor Company fell significantly short of Wall Street expectations for second-quarter earnings, despite beating revenue forecasts, as long-running warranty issues plague the automaker. Here's how the company performed against analyst estimates reviewed by LSEG: Earnings per share: 47 cents adjusted vs. 68 cents adjusted expected Automotive revenue: $44.81 billion vs. $44.02 billion forecast Ford shares are up about 15% this year as prices in the auto sector have remained more resilient than expected. However, as the industry-wide shift to electric vehicles proceeds more slowly than expected, the automaker has adjusted its production plans, focusing less on fully electric vehicles and more on hybrids. Most recently, Ford announced last week tha...
Coco Gauff Named Team USA Flagbearer for Paris Olympics
Sports

Coco Gauff Named Team USA Flagbearer for Paris Olympics

Related media - News 24 hours Coco Gauff has been chosen to carry the Team USA flag at the 2024 Paris Olympics opening ceremony, becoming the first tennis player to receive the honor. She will share the distinction with basketball legend LeBron James. At just 20 years old, Gauff, the world No. 2 and reigning U.S. Open champion, will become the youngest American flag bearer in Olympic history, surpassing Cindy Nelson, who held the role at the 1976 Innsbruck Winter Games. Gauff expressed her gratitude on social media, saying, "I just want to thank my fellow Olympians/Team USA for voting and choosing me for this incredible honor of being the flag bearer for the Opening Ceremony ❤️. Thank you so much. I am incredibly honored. 🥹🇺🇸" Competing in women's singles, doubles and mixed ...
AMC Reports Second-Quarter Revenue, Profit Drop Amid Strike-Related Movie Delays
Business

AMC Reports Second-Quarter Revenue, Profit Drop Amid Strike-Related Movie Delays

More news - News 24 hours NEW YORK — AMC Entertainment on Wednesday warned investors of significant declines in key second-quarter financial metrics that led to a more than 7% drop in its stock price. The company attributed the decline to the actors' and screenwriters' strikes of the previous year, which led to fewer film releases and the resulting "weakness" in the quarter ended June 30. Preliminary results show AMC’s revenue fell more than 23% to $1.03 billion. The company also expects to report a net loss of $32.8 million, a stark contrast to the $8.6 million profit it reported in the second quarter of 2023. Full financial results are due on August 2. “As we anticipated and previously communicated, the prolonged actor and writer strikes of 2023 have significantly reduced the numbe...