and sales more than double in its latest quarter, as its videogame business gets a boost from people sheltering at home due to Covid-19. The company behind franchises like "NBA 2K" and "Grand Theft Auto" also raised its full-year sales forecast. – Chegg reported quarterly profit of 37 cents per share, 5 cents a share above estimates. Revenue also came in above Wall Street forecasts.
The maker of online learning platforms for students also raised its guidance for the full year, and noted that it had more subscribers during the second quarter than it had in all of 2018. – Mosaic earned 11 cents per share for its latest quarter, compared to analysts' expectations of a 1 cent per share loss. The fertilizer producer's revenue also topped estimates, with a global emphasis on agriculture and food security limiting any Covid-19 related impact on its business.
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Stock market live Monday: Tech carries stocks higher, Dow jumps 200, ADT up 50% after Google stake“What’s happening to people’s willingness to spend?” elerianm says. When people receive another round of $1,200 checks, “will they rush out like they did last time and spend it? Or will they be more cautious because this virus has lasted a lot longer?” elerianm elerianm 😂 Like these fucken morons would save there money. You don't have to worry about that. You're consumer slaves are still intact. You can continue to pull thier value into your pockets. Not to worry. You're good. elerianm The Douch Crew - Taking care of the wealthy is the game.
Source: CNBC - 🏆 12. / 72 Read more »
August begins the historically worst part of the year for stocks. Bank of America says get defensiveNew for subscribers: August begins the historically worst part of the year for stocks. Bank of America says get defensive Check out CNBCPro for a free trial. Pro The sentiment indicators are certainly negative going into the month. Maybe a contrary indicator, we will see 💰 Pro History doesn't mean anything. This is an extraordinary time! Let's not confuse things here! Pro The bear: Why you look at me, it’s not my fault😄
Source: CNBC - 🏆 12. / 72 Read more »
Behind the Vast Market Rally: A Tumbling DollarThe dollar has made a sharp U-turn this summer following a long rally, confounding many traders, but potentially adding fuel to this year’s surprising stock-market rebound. Thank me later International activities of the Latin America states in combating drug trafficking in the XXI century:_______ The US has effectively turned into a state sector driven economy.
Source: WSJ - 🏆 98. / 63 Read more »