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Hub Group Sees Q1 Revenue Fall 13% Year Over Year to $999M
Weak freight market conditions continue placing financial strains on transportation providers, said Phil Yeager, president and CEO of Hub Group Inc (NASDAQ: HUBG). "Market conditions have remained soft … largely due to excess truckload capacity that is yet to exit the industry"
Bull of the Day: Uber Technologies, Inc.
Cargo Airline Amerijet Warns of Pilot Furloughs Amid Downsizing
Amerijet International plans to furlough a number of pilots in the near future to shore up cash flow after the loss of major contracts with the U.S. Postal Service and other accounts, according to internal company communications. The number of pilots to be suspended depends on how many pilots accept offers to work less.
Bitcoin Miner Marathon Digital Targets its Hash Rate to Double in 2024
Bitcoin miner Marathon Digital (NASDAQ: MARA) has raised its 2024 hash rate growth target in response to Bitcoin's (CRYPTO: BTC) fourth halving event, which reduced miners' block subsidy rewards from 6.25 BTC t
3 Healthcare Mutual Funds to Ensure a Robust Portfolio
Investors often rely on the healthcare sector to safeguard their investments. This is because healthcare services do not see their demand varying too much with respect to market conditions and thus offer sufficient protection to the capital invested. Many pharmaceutical companies also offer regular dividends.
ExxonMobil Q1 Earnings Miss Estimates, Revenues Fall Y/Y
Exxon Mobil Corporation (NYSE: XOM) reported first-quarter 2024 earnings per share of $2.06 (excluding identified items), which missed the Zacks Consensus Estimate of $2.19. The bottom line also declined from the year-ago level of $2.83.
FirstEnergy Q1 Earnings Beat Estimates, Revenues Lag
FirstEnergy (NYSE: FE) reported first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 53 cents by 3.8%. However, the bottom line decreased 8.3% from the year-ago quarter's figure of 60 cents.
What's in the Cards for PNM Resources This Earnings Season?
PNM Resources (NYSE: PNM) is scheduled to release first-quarter 2024 results on Apr 30, before market open. The company delivered an earnings surprise of 20% in the last reported quarter. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results.
Sunho Biologics Gets Green Light For Downsized IPO
Key Takeaways: Sunho Biologics has no revenue or licensing income to draw on, making a loss of 133 million yuan last year as all its products remain at the R&D or clinical stage
Hillhouse Boosts Longi Position After Robe, As It Pivots To Global Focus
Key Takeaways: Hillhouse Capital has raised its shareholding in Longi back to 5% after being investigated by the Chinese securities regulator for violating disclosure rules
Market Clubhouse Morning Memo - April 26th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Stock Market Dodges A Bullet – Momo Gurus Proven Wrong
To gain an edge, this is what you need to know today.
Meta Platforms Bought Some Time With Long-Term AI Potential
On Wednesday, Meta Platforms Inc (NASDAQ: META) topped Wall Street estimates with its first quarter results. But, stock plunged 16% due to a light revenue guidance that overshadowed the fact its revenue grew at a fastest quarterly rate since 2021 and net income more than doubled.
Gold Price Recovers Amid Uncertain US Economic Outlook
By RoboForex Analytical Department
Testing at Project in Spain Shows High Grades of Zinc, Copper
Source: Streetwise Reports 04/23/2024
Here's What Key Metrics Tell Us About Western Union Q1 Earnings
For the quarter ended March 2024, Western Union (NYSE: WU) reported revenue of $1.05 billion, up 1.2% over the same period last year. EPS came in at $0.45, compared to $0.43 in the year-ago quarter.
Mineral Exploration Co. Makes Important Discovery
Source: Ron Struthers 04/18/2024
How to Prepare for CVSA International Roadcheck 2024
The Commercial Vehicle Safety Alliance's (CVSA) International Roadcheck is coming up next month.
Old Dominion's Q1 Earnings Meet Estimate, but LTL Stocks Fall Anyway
Old Dominion Freight Line (NASDAQ: ODFL) said it is seeing promising signs around demand but that it isn't yet ready to call a cycle upturn.
Hawaiian Airlines Slowly Adds Freighters for Amazon Business
Hawaiian Airlines (NASDAQ: HA) has commenced operating a second Airbus A330-300 cargo jet for Amazon on a new route between New York's JFK airport and the retail behemoth's West Coast air logistics hub in San Bernardino, California, the company reported in quarterly earnings Tuesday. <
Immutable Launching Crypto Gaming Rewards Program Worth $50 Million
Blockchain gaming platform Immutable announced it is launching what it calls "the largest ever web3 gaming quest and rewards program." Dubbed "The Main Quest" Immutable said it has already secured $50 million in token rewards for players.
Is Amazon Stock Worth Buying Ahead of Q1 Earnings?
Amazon (NASDAQ: AMZN) is scheduled to report first-quarter 2024 results on Apr 30.
Bristol-Myers Q1 Loss Narrower Than Expected, Sales Beat
Bristol-Myers Squibb Company (NYSE: BMY) reported an adjusted loss per share of $4.40, narrower than the Zacks Consensus Estimate of a loss of $4.53 per share. In the year-ago quarter, BMY posted adjusted earnings per share of $2.05.