Macy’s Shares Drop 12% Amid Lowered Sales Forecast
Macy's shares fall 12% after cutting sales forecast, despite Q2 revenue exceeding estimates. Future sales outlook remains cautious.
- Latest
- Trending
Macy's shares fall 12% after cutting sales forecast, despite Q2 revenue exceeding estimates. Future sales outlook remains cautious.
Target surpasses earnings estimates, raises profit guidance, as Wall Street eyes Fed minutes for rate cut clues.
AMD's $4.9B acquisition of ZT Systems aims to boost AI capabilities, challenging Nvidia. Shares soared 4.2% post-announcement.
MediWound Ltd. sees robust Q2 growth with NexoBrid, prepares for global expansion, despite increased financial losses.
Quanta Tech Systems opens new NYC office, enhancing cybersecurity operations to protect financial data globally.
Discover Ethereum's rollup advancements and Starknet's staking launch in this newsletter edition.
The global cybersecurity market is set to grow at 6.7% CAGR, fueled by rising cyber threats and digital transformation initiatives.
Qualcomm's expansion into new markets could boost its stock. Explore potential impacts for investors in this analysis.
Katapult Holdings reports 8.7% revenue growth amidst challenges with key strategic partnerships.
Northern Trust and Greenlight join forces to boost financial literacy in families, offering children money management experience.
We are building the future together with you. We write content with maximum speed and excellent quality. Each material is accompanied by an analyst's commentary.