Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), the investment firm led by Warren Buffett, will be reporting first-quarter earnings on Saturday, May 4. Wall Street expects $4.57 in EPS and $80.41 billion in revenues as the company reports before market hours. The…
Hershey Company (NYSE:HSY) shares are trading higher after the reported better-than-expected first-quarter FY24 earnings. The company reported first-quarter FY24 sales growth of 8.9% year-on-year to $3.252 billion, beating the analyst consensus estimate of $3.112 billion. Hershey’s North America Confectionery segment net sales…
Costco Wholesale‘s (NASDAQ:COST) auto program is offering incentives of up to $2000 for members on several EVs from Volvo, Polestar, Chevrolet, and Cadillac. What Happened: The deals run from May 1 until July 31 for Costco members who buy or…
Riot Platforms Inc (NASDAQ:RIOT) shares are trading higher Wednesday on the heels of the Bitcoin (CRYPTO: BTC) mining company’s first-quarter results. Here’s a look at the highlights from the quarter. What Happened: Riot Platforms reported first-quarter revenue of $79.3 million,…
In an escalation of tensions between Congress and the U.S. Securities and Exchange Commission (SEC), Patrick McHenry (R-N.C.), Chair of the House Financial Services Committee, has openly criticized SEC Chair Gary Gensler for his evasive responses during a congressional hearing.…
Shares of Pinterest, Inc (NYSE:PINS) rose sharply in today's pre-market trading following strong first-quarter earnings and upbeat second-quarter guidance. Pinterest's first-quarter revenue increased nearly 23% year-over-year to $740 million, which beat the consensus estimate of $699.872 million, according to Benzinga…
Prominent cryptocurrency analyst Benjamin Cowen predicted further bearish momentum for Ethereum (CRYPTO: ETH) to Bitcoin (CRYPTO: BTC) pair trade. What Happened: Cowen, who had previously forecasted a rejection of the ETH/BTC ratio by the bull market support band, maintains his…
Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META), and Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), along with other tech giants, are investing heavily in artificial intelligence infrastructure in 2024, signaling a shift from AI chatbots to the less glamorous, yet critical, “AI plumbing.” This foundational technology, involving tens of billions…
Dell Technologies (NYSE:DELL) has outperformed the market over the past 5 years by 17.81% on an annualized basis producing an average annual return of 29.44%. Currently, Dell Technologies has a market capitalization of $90.15 billion. Buying $1000 In DELL: If…
Distressed U.S. cannabis operators, historically barred from bankruptcy relief due to federal legal constraints, may soon find a glimmer of hope. As attitudes shift and federal marijuana rescheduling looms, the landscape for financial restructuring in the cannabis industry could change…
