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The Latest Breaking News from FactSet

EXCLUSIVE: What Is The Biggest Risk To The Markets Right Now? 2 Strategists Weigh In

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five…

Benzinga

Why mortgage rates are soaring

Rapidly rising rates are causing cracks in the U.S. financial system.

Axios

Columbia Care: Updated Estimates Ahead Of Acquisition By Cresco Labs

The Analyst

Benzinga

From analysis to the latest developments in health,
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Fed is hoping August hiring report will show slowdown

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it

The Independent UK

Trulieve Cannabis: A Top Pick Operator In A Small Pond? Analyst Offers Model Update Post 2Q22

The Analyst Pablo Zuanic from Cantor Fitzgerald maintained a rating of Overweight for the stocks of Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) and lowered its price target to $54 from $57, on “slightly reduced estimates.”

Benzinga

Disney+ subscribers are going to have to pay more to avoid commercials

Disney+ subscribers will start seeing ads on the popular streaming service in December. That is, unless they opt to pay more.

Los Angeles Times

4 Big Reasons Why the Bear Rally Is Nearing an End…

The Stock Market (SPY) has put on an impressive rally over the last few weeks, leading many investors to believe that the bull is ready to resume its run. However, there are multiple reasons to believe the bear market is far from over. I lay out 4 of the main…

StockNews.com

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Growing prescriptions help push CVS past Q2 expectations

CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims helped balance a drop in vaccinations

The Independent UK

COVID-19 vaccine sales push Moderna past expectations in Q2

Better-than-expected COVID-19 vaccine sales pushed Moderna past Wall Street’s second-quarter forecasts

The Independent UK

AMD, Alibaba, Starbucks Earnings On Deck As Q2 Reporting Season Passes Half-Way Mark

We are past the halfway mark of the June quarter reporting season, going by the number of S&P 500 companies that have reported their earnings.

Benzinga

OrganiGram Beat Fact Set Expectations: "The Stock Represents Good Value," Analyst Says

On Thursday, Organigram Holdings Inc. (OGI.TO) (NASDAQ: OGI), a cannabis company focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada,

Benzinga

Q2 Earnings Season: Energy Likely Limited Downside; Here Are The Leading And Lagging S&P 500 Sectors

The second-quarter reporting season is upon us, and the second quarter has been a tricky one for companies to navigate. COVID lockdowns in China – a nation often called the "world's factory," the war in Ukraine and skyrocketing inflation served as recipes for a looming disaster.

Benzinga

Why FactSet Research Systems Shares Are Trading Higher Today

FactSet Research Systems (NYSE: FDS) shares are trading higher after the company reported better-than-expected third-quarter earnings per share and sales results and issued guidance.

Benzinga

FactSet Registers 22% Revenue Growth In Q3 Aided By Double-Digit ASV Growth

FactSet Research Systems Inc (NYSE:FDS) reported third-quarter FY22 revenue growth of 22.3% year-on-year to $488.8 million, beating the consensus of $473.1 million. Organic Annual Subscription Value (ASV) plus professional services were $1.9 billion on May 31, 2022, compared with $1.6 billion a year ago. Adjusted EPS of $3.76 beat the consensus of $3.23.…

Benzinga

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StockNews.com

Is FuelCell a Hydrogen Stock Worth Buying?

FuelCell (FCEL) stock fell over 6% in the last session on the company’s larger-than-expected losses. Also, its top line missed the consensus estimate. So, will it be wise to invest in the stock now? Read on to find out.

StockNews.com

After its Stock Split, is Now a Good Time to Buy Amazon.com?

E-commerce giant Amazon.com (AMZN) administered a 20-for-1 stock split on June 6. So, shares of AMZN are currently trading below $1,000 for the first time since 2017. However, given the company's bleak growth prospects and significant operational headwinds, is AMZN a good buy now? Read more to learn our view.

StockNews.com

2 Retail Stocks That Posted Better Than Expected Earnings Reports

Despite lingering supply chain disruptions, the retail industry is expected to benefit from strong consumer demand and accelerated digital transformation. Certain retail companies recorded better-than-expected quarterly earnings in their last reported quarters. So, considering their strong financials and solid growth prospects, we think it could be wise to invest in…

Benzinga

After A Challenging March Quarter Canopy Growth Projects Positive EBITDA By FY 2024

Pablo Zuanic from Cantor Fitzgerald kept a rating of “Neutral” for the stocks of Canopy Growth Corp. (TSE: WEED) (NASDAQ: CGC) and lowered his 12-month price target to C$6.75 from C$7.75 due to the sectoral derating and red

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news in one place.

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One news app.

Axios

The real estate buying frenzy is over

"The market's shifted from irrational to more rational."

StockNews.com

2 Metaverse Stocks That Reported Disappointing Earnings Results

Considering the metaverse’s immense growth prospects, tech giants are investing heavily in the space. However, not all companies working in the space or using the technology have performed well in the last reported quarter. Metaverse stocks Roblox Corporation (RBLX) and Unity Software (U) posted disappointing earnings in their latest quarterly…

StockNews.com

Beware of These 3 Stocks That Issued Lower Guidance for 2022

Amid various current macroeconomic and geopolitical concerns, including interest rate increases, raging inflation, deepening supply chain constraints, the Russia-Ukraine war, and an economic slowdown, the stock market has been under immense pressure of late. As a result, many hard-hit companies have released lower guidance for 2022. So, considering their bleak…

Los Angeles Times

Disney+ avoids streaming slump for now, adding 8 million subscribers

The great streaming slowdown of 2022 hasn't hit Mickey Mouse yet.

Los Angeles Times

Netflix stock plunges 36% after first-quarter subscriber loss

Netflix shares on Tuesday plunged 36%, a day after the company revealed it lost 200,000 subscribers in the first quarter.

Axios

Inflation surges to 8.5%, highest in over 40 years

The relentless rise in prices is a challenge for investors, Federal Reserve policy makers, and politicians.

Benzinga

What To Expect From Q1 2022 Earnings Season

The second earnings season of the year is due to start next week once the US banks report how they performed in the first three months of 2022. Earnings Surprises Dominated The Last Earnings Season

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