Workhorse Stock Sinks After Company Cuts Its Sales Outlook

Workhorse Group stock tumbled on Tuesday after the electric-van manufacturer said it expects to sell fewer vehicles than previously expected and cut its revenue guidance for the full year. Workhorse…

DraftKings Stock Surges as Online Betting Company Boosts Revenue Outlook

Text size DraftKings reported revenue of $466 million for the second quarter, beating Wall Street estimates. Scott Eisen/Getty Images for DraftKings DraftKings gave investors a nice surprise Friday. The online…

Cloudflare stock rallies 20% following earnings beat, raised revenue outlook

Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudflare  NET,…

Goldman Sachs cuts earnings outlook for MSCI China to zero growth

In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are unfinished residences in Nanning, Guangxi Zhuang Autonomous Region. Future Publishing | Future Publishing…

ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.

Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of manufacturing equipment…

RH shares slide after company lowers its outlook for the year

Jason Kempin | Getty Images Entertainment | Getty Images High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue, anticipating consumer demand for its products will continue to…

Dick’s Sporting Goods (DKS) Q1 earnings top estimates, outlook cut

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods said Wednesday it’s trimming its…

Bath & Body Works shares tumble as retailer cuts profit outlook due

Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body…

Peak Inflation and the Stock Market Outlook

The yield curve is no longer inverted, but inflation continues to rage higher as proven by the 11.2% reading for PPI today. However, this is a growing chorus of market…

Victoria’s Secret (VSCO) reports Q4 2021 earnings, issues weak outlook, cites Ukraine

Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret seesawed in after-hours trading Wednesday after the…