Designer Brands (DBI) is set to release its latest quarterly earnings report on September 11th, 2024. Analysts are expecting an EPS of $0.57, and investors will be eager to see if the company can beat those estimates and provide positive guidance for the next quarter. This article analyzes the company’s past performance, analyst sentiment, and financial metrics to offer insights into what investors can anticipate.
Results for: Business
Energy Transfer is set to release its quarterly earnings on August 7th, 2024. Analysts anticipate an earnings per share (EPS) of $0.36, but investors will be keen to see if the company surpasses estimates and provides positive guidance for the next quarter. This analysis delves into Energy Transfer’s past performance, analyst sentiment, and key financial metrics to help investors understand what to expect.
Sam Boyle, a Senior Broker at Caleb & Brown, a leading crypto investment firm, shared his insights on the current state of the crypto market and future predictions during a recent interview on Benzinga’s All-Access. Boyle discussed how Caleb & Brown provides personalized service to both novice and seasoned crypto investors, helping them navigate the volatile world of cryptocurrency and build wealth.
Groq, a rival to Nvidia in the AI space, announced plans to deploy its AI technology in Saudi Arabia in 2024. This comes as the company boasts a massive token capacity, exceeding even Microsoft and OpenAI combined, and a growing developer community. Groq also secured a new funding round, doubling its valuation to $2.5 billion.
FlackTek, a leader in bladeless planetary materials processing, has appointed Robert Umland as its new Global Director of Sales and Marketing. Umland brings over two decades of experience in the high-tech industry and a proven track record of driving growth and innovation. He will play a key role in expanding FlackTek’s global footprint and delivering cutting-edge materials processing solutions.
Academy Sports & Outdoors, Inc. (ASO) saw its shares decline on Tuesday after reporting second-quarter earnings that fell short of sales expectations. Despite meeting analysts’ expectations for earnings per share, the company’s sales were impacted by a challenging economy and operational hurdles. However, Academy Sports highlighted positive developments like a new loyalty program and inventory management improvements.
Palantir Technologies, a data analytics company known for its unique approach to business, has achieved a major milestone: inclusion in the prestigious S&P 500 index. This achievement is a testament to the company’s unconventional journey, marked by its focus on building exceptional products and its rejection of traditional corporate management practices.
SOPHiA GENETICS and AstraZeneca have partnered to accelerate the deployment of the liquid biopsy test MSK-ACCESS® powered with SOPHiA DDMTM to 20 locations worldwide over the next 12 months. This partnership aims to expand access to liquid biopsy testing, particularly in underserved populations, and generate real-world data to advance cancer research.
MicroStrategy’s Michael Saylor believes a Republican victory in the 2024 election, particularly a Donald Trump win, could significantly boost Bitcoin’s price. He attributes this to a pro-crypto stance within the Republican party and cites the party’s progressive approach to crypto compared to the Democrats.
U.S. stocks saw mixed performance on Tuesday, with the Dow Jones index experiencing a slight dip. However, the day was marked by significant gains for several companies, particularly those in the agriculture and biotech sectors. Calavo Growers, Inc. led the charge, reporting strong third-quarter earnings and increasing its dividend. Other notable performers included Mission Produce, Avid Bioservices, Oracle Corporation, and Centessa Pharmaceuticals.