Actions of DexCom (NASDAQ: DXCM) Shares of the company fell 39.9% as of 10:20 a.m. ET Friday. The massive drop came after the maker of continuous glucose monitoring (CGM) systems reported its second-quarter results after the market closed Thursday. DexCom’s revenue rose 15% year over year in the second quarter to $1 billion. However, that … Read more
Lululemon downgraded, Birkenstock upgraded: Wall Street analysts announce The most talked-about and influential research calls on Wall Street are now in one place. Here are today’s research calls investors need to know, as compiled by The Fly. Top 5 improvements: BofA Modernized Birkenstock (BIRK) upgrades its rating to Buy from Neutral with a $65 price … Read more
Tesla (TSLA) stock fell more than 11% on Wednesday after the company reported mixed second-quarter results late Tuesday, revealing that growth this year would be “significantly lower” than it saw in 2023. Tesla reported second-quarter revenue of $25.05 billion, below expectations of $24.63 billion, according to Bloomberg estimates. Tesla reported revenue of $24.93 billion in … Read more
Jim Cramer’s 5 Favorite Dividend Stocks Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain items via the links below. Despite weaker inflation data, the Federal Reserve has signaled it is willing to wait longer before starting to cut rates. With inflation still high and the political environment heating up, investors looking … Read more
THE Nasdaq-100 Technology Sector The index has posted impressive gains of 414% over the past decade, outperforming the S&P 500 The index is up 185%, a considerable margin. One of the main reasons tech stocks have outperformed the S&P 500 during this period is their ability to generate impressive growth, as they can capitalize on … Read more
A retired couple examines their options for paying for long-term care. Can a nursing home seize your savings? What if your money is in a trust or Roth IRA? For married or single retirees, these questions are important and require nuanced answers. Let’s start with the good news: A nursing home can’t simply seize your … Read more
Obesity Drug Stocks Drop Wednesday – What’s Going On With Eli Lilly, Novo Nordisk, Viking Therapeutics, Structure Therapeutics? Eli Lilly and Company (NYSE: LLY), Novo Nordisk A/S (NYSE: NVO), Viking Therapeutics Inc. (NASDAQ:VKTX), and Therapeutic Structure Inc. (NASDAQ:GPCR) shares are trading lower on Wednesday. What happened? Earlier on Wednesday, Roche Holdings SA (OTC: RHHBY) announced … Read more
The economy has performed well in the first half of 2024, with rising inflation falling, jobs still plentiful, and no serious risk of recession on the horizon. Financial markets are doing even better, with stocks up a solid 15% in the first six months. All this does not mean that Americans are generally satisfied, especially … Read more