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    Qualcomm (QCOM) Reports Q3 Earnings

    Overview: For the quarter ended June 2024, Qualcomm (QCOM) reported revenue of $9.39 billion, an increase of 11.1% over the same period last year. EPS came in at $2.33, compared to $1.87 in the year-ago quarter. The revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of...
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    INTEL TO CUT THOUSANDS OF JOBS TO REDUCE COSTS, FUND REBOUND

    Intel Corp. plans to cut thousands of jobs as part of a strategy to reduce costs and fund its efforts to recover from a recent earnings slump and market share losses. The reduction in workforce might be announced as early as this week. Intel, which has approximately 110,000 employees (excluding...
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    What To Expect In The Markets This Week

    Federal Reserve Rate Decision: The Federal Reserve will announce its latest rate decision on Wednesday, with no changes expected to the current 5.25%-5.5% range. Big Tech Earnings: Apple, Meta, Amazon, and Microsoft are set to report earnings this week. Additional Earnings Reports: Updates are...
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    Chipotle Q2 Earnings Blow Past Expectations, Boosted By Brand Loyalty And Value Proposition

    Chipotle (CMG) reported strong Q2 2024 results, exceeding Wall Street's expectations across all major metrics, including revenue, earnings, and same-store sales. Key highlights from the report include: Revenue: $2.97 billion, up 18.2% year-over-year, versus the expected $2.94 billion. Adjusted...
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    Why Nike's Stock Crashed 60%

    Nike's (NYSE: NKE) stock reached an all-time high of $172.49 on November 5, 2021, buoyed by its strong recovery from the pandemic, the growth of its Nike Direct business, and robust sales in China. However, the stock is now trading nearly 60% below that peak. The following four charts explain...
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    Bubble-Fraud Tesla Worth Around $8.40 Per Share:' Stock Valuation Under Scrutiny As EV Maker Gets Sizeable Profit From One-Time ZEV Credit

    Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...
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    Inflation Drove Prices Higher At Coca-cola, Consumers Still On The Hunt For Value

    Coca-Cola (KO) held on to its momentum to deliver another strong quarter on Tuesday. The soda giant beat Wall Street's estimates in Q2, led by global demand for its beverages, despite higher prices. Revenue grew 3% to $12.4 billion, compared to the expected $11.76 billion. Earnings per share...
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