– The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped by higher prices implemented to counter increased costs. However, Under Armour said its gross margins would fall by 200 basis points for the current quarter due to supply chain challenges, and the stock slid 2.6% in premarket action.
07. The real estate website operator also reported better-than-expected revenue. Those results came despite an $881 million loss on its now-shuttered home-flipping business. Zillow shares surged 13.2% in the premarket. – Expedia earned an adjusted $1.06 per share for its latest quarter, beating the 69-cent consensus estimate, though the travel services company's revenue was just shy of analyst forecasts.
Inflation 7.5% Bit coin fixes that up 17.08% in one week
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Making the Biggest Moves Premarket: Peloton, Canopy Growth, Chipotle and OthersThese are the stocks posting the largest moves before the bell.
Source: NBCDFW - 🏆 288. / 63 Read more »
First Mover Asia: Bitcoin Drops With Stocks After Fed Official's Hawkish RemarksBitcoin struggled to remain above $44,000 on Thursday, as U.S. stocks fell further following hawkish remarks by a Federal Reserve official. Ether and other major altcoins tumbled. MuyaoShen and JPRubin23 report MuyaoShen JPRubin23 The team of BABY ELON JET plans to OFFER $25,000 to Sweeney once the MC hits $10M. ✅ New Safu Dev and Team working hard round a clock ✅ CMC & CG INCOMING ✅ BIG INFLUENCERS COMING SOON ✅ Around 3k initial MC ✅ Around $160k MC ATH Tg:- MuyaoShen JPRubin23 Huh? We’ve just been going up for a week. Stuff corrects ya know? MuyaoShen JPRubin23 Not to worry, SUNDAY will be a BIG day :)
Source: CoinDesk - 🏆 291. / 63 Read more »
Strong Bitcoin and stocks rally position bulls for victory in Friday’s $860M options expiryRecent strength in BTC and the recovery in equities markets are boosting investors’ confidence and giving bulls the upper hand in Friday’s $860 million options expiry. Sounds like a sell signal. btc holding strong. Rightfully so with the 7% inflation rate news just released. Everyone buying more crypto to hedge against inflation We are supplying Medical, Surgical, FMCG & Solar Products at the least price to our customer's orders. We supply for all projects and Donations of companies & Trusts (NGOs) up to $1 USD Billion. If any need kindly contact in the cell: +91-9952887012, email: SSCSIPL18GMAIL.COM
Source: Cointelegraph - 🏆 562. / 51 Read more »
European stocks set to slide after red hot U.S. inflation print, hawkish Fed commentsEuropean markets are set to fall on Friday after a hotter-than-expected U.S. inflation print and hawkish remarks from a Federal Reserve official. Please keep up the good work, it was mind blowing when I opened my wallet and saw profit of R70k from the investment of R7600 MichaelWeldon_ Thanks to all the rightwing politicians who tried to pretend Covid was no big deal. Supply chains broken, idiot truckers blocking them even more. 😡 And of course they will blame Biden, not the 🍊 🤡. 🤯
Source: CNBC - 🏆 12. / 72 Read more »
Voyager Digital to Allow Investors to Purchase Stocks With USDCInvestors will be able to purchase stocks with stablecoins starting later this year through the brokerage platform Voyager Digital. Just a heads up, the article reads voyager digital was founded in 1993 lol, when it was actually founded in 2018. Here's the article straight from Voyager's website. The next housing revolution Yes accepting Crypto now Boxabl GalianoTiramani PaoloMBTiramani cryptocurrencies
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Japan stocks set for higher start as investors await U.S. inflation dataThe U.S. consumer price index report is set to be released Thursday stateside.
Source: CNBC - 🏆 12. / 72 Read more »