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Trump touts Walmart earnings as proof that the US economy is ‘doing great’ amid fears of a looming recession
"Walmart, a great indicator as to how the U.S. is doing, just released outstanding numbers," Trump tweeted.
Canopy attributed most of its $1.28 billion quarterly loss to extinguished warrants held by key investor Constellation Brands.
The CEO of NetApp says the trade war won’t end this year and the tech company is preparing for ‘a variety of difficult outcomes’
NetApp CEO George Kurian says he's seeing more caution in enterprise IT spending because of the economic uncertainty.
The company's CEO cited rising inventory levels and a markdown for clearing spring stock as the biggest hits to Macy's bottom line.
Cannabis producer CannTrust tumbles after auditor withdraws its last 2 earnings reports amid illegal-growing scandal
The Canada-based company also announced it will likely miss the August 14 filing deadline for its second-quarter earnings.
Uber just reported massive losses that were larger than Wall Street expected — and the stock is sinking
The ride-hailing giant's total losses and revenue fell short Wall Street's expectations, and the stock was down as much as 12% in after-hours trading.
Uber is about to report its second-quarter performance. The ride-hailing giant likely lost $5 billion in 3 months.
Investors aren't likely to care about the massive losses — so long as the company keeps growing. Here's what they're watching for.
The US's second-largest ride-hailing company told investors it would make considerably more revenue this year than it previously forecast.
The company's second quarter saw the purchase a US CBD distributor, opening of an R&D lab in Israel, and hiring of a new chief innovation officer.
The ride-hailing company's financial report for the three-months ended June 31, topped Wall Street's expectations.