Coursera, Norfolk Southern, CATL: Earnings in focus

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Norfolk Southern News

Coursera,Quarter Earnings,Expectations

Coursera (COUR) stock is sky-high Friday morning after beating second quarter earnings expectations. The online education company credits strong demand for...

) stock is sky-high Friday morning after beating second quarter earnings expectations. The online education company credits strong demand for its generative AI courses for the positive results.) stock is also rising following better-than-expected second-quarter earnings. The rail operator's cost-cutting efforts are showing progress and improving long-term margins in the wake of last year's train derailment in Palestine, Ohio.) reported a 13% jump in second quarter profit.

I am looking at Norfolk Southern and this stock is also moving higher about 10% off of a solid earnings report. The company getting a boost from insurance payments to help pay for some of the costs of last year's derailment in East Palestine Ohio.Morgan Stanley is saying of the results, they were the surprise second quarter beat driven by productivity traction.Jeffrey is calling the costs a beat across the board expressing confidence in long term margin improvement opportunities, Shana.

All right, let's take a look at the Chinese EV battery maker Catl and seeing its profit rise over 13% in its latest quarter.Maybe it is, shares are up just about 1%.Weaker demand out of EV is an issue here for Catl and its rivals.If we want to look at a positive side to this report, it was that profit jump net profit jumping 13.4% from a year ago.

The Briton has a chance to slash the 76-point championship deficit to Max Verstappen at Sunday’s Belgian Grand Prix.Netanyahu headed to Palm Beach; road closures underway in South FloridaIsraeli troops battled Palestinian fighters in Khan Younis in southern Gaza and destroyed tunnels and other infrastructure, as they sought to suppress small militant units that have continued to hit troops with mortar fire, the military said on Friday.

 

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