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Category Archives: Uncategorized

Starbucks beats earnings estimates, but sales disappoint despite China boom

Starbucks stock has risen just 1.5% this year, giving the company a market value of $115 billion.

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Shares of e.l.f Beauty surge 15% after company raises full-year guidance on surging sales

Drugstore makeup brand e.l.f Beauty raised its full year outlook after reporting a 76% sales jump as the red-hot beauty market continues to surge.

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Virgin Galactic banks $2 million in quarterly revenue after first commercial spaceflight

Virgin Galactic flew two spaceflights during the second quarter: Its final test spaceflight and its first commercial spaceflight.

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Tiger Woods joins PGA Tour board as Saudi deal talks continue

Superstar Tiger Woods is joining the PGA Tour board after former AT&T chief Randall Stephenson resigned citing “serious concerns” regarding the Saudi deal.

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Trump-endorsed ‘Sound of Freedom’ has outgrossed ‘Mission: Impossible,’ ‘The Flash’

Angel Studios’ “Sound of Freedom” has generated nearly $150 million at the domestic box office since its early July debut, topping some Hollywood heavyweights.

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As the new Bed Bath & Beyond launches, here’s what shoppers can expect

Bed Bath & Beyond relaunched as an online-only retailer after Overstock won its intellectual property at auction.

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Ford restarts F-150 Lightning production, says demand jumped sixfold after July price cuts

Ford’s Rouge Electric Vehicle Center will be able to produce Lightnings at an annual rate of 150,000 vehicles, three times its previous output.

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CVS to slash 5,000 jobs as company deepens costly health-care push

The pharmacy chain had about 300,000 employees in the U.S. at the end of last year, according to a securities filing. 

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Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal

Shares of Merck are down roughly 4% this year, with a market value of roughly $270 billion, making it the third largest pharmaceutical company based […]

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Pfizer beats on earnings, but revenue misses as Covid product sales plummet

Pfizer is in a transition period as it pivots away from its blockbuster Covid vaccine and drug Paxlovid while the world emerges from the pandemic.

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