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TECHNOLOGY Former Theranos executive Sunny Balwani found guilty on all 12 charges Ex-Theranos executive Ramesh "Sunny" http://dotbig.com/markets/stocks/RACE/ Balwani was found guilty on all 12 charges of defrauding investors and patients in his criminal fraud trial.
- Intraday data delayed at least 15 minutes or per exchange requirements.
- Levi Strauss said it earned $50 million, or 12 cents a share, compared with $65 million, or 23 cents a share, in the year-ago quarter.
- GameStop’s Board of Directors has ok-ed a four-for-one stock split.
- Weekly jobless claims inched higher by 4,000 to 235,000 vs. 231,000 ahead of the monthly jobs report due on Friday.
Levi Strauss said it earned $50 million, or 12 cents a share, compared with $65 million, or 23 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 29 cents a share. The results included charges of around $60 million related to the war in Ukraine. Revenue rose 15% to $1.5 billion, DotBig Levi Strauss said, with digital sales up about 20%. FactSet consensus called for earnings of 23 cents a share on sales of $1.4 billion. Levi Strass is "progressing" on its path to achieve net revenue of between $9 billion and $10 billion and adjusted EBIT margin of 15% by fiscal year 2027, he said.
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The stock ended the regular trading session up 3.9%. Ahead of Friday’s highly anticipated monthly jobs report, U.S. stocks rose across the board led by the tech-heavy Nasdaq Composite and semiconductor companies including Qualcomm and AMD. 10 of the S&P’s 11 sectors also rose led by energy as oil jumped over 4% to $102.73 per barrel, the biggest percentage jump since early May. U.S. stocks posted modest gains Wednesday as investors looked DotBig at the possibility of another sizable rate hike from the Federal Reserve at the July meeting, according to the prior meeting minutes. Weekly jobless claims inched higher by 4,000 to 235,000 vs. 231,000 ahead of the monthly jobs report due on Friday. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. After climbing above 6% in June, average mortgage rates have fallen.
GameStop’s Board of Directors has ok-ed a four-for-one stock split. Shareholders of record on July 18, 2022 will receive the split shares after the close of trading July 21 with trading to begin on DotBig June 22. Quotes displayed in real-time or delayed by at least 15 minutes. Powered and implemented byFactSet Digital Solutions.Legal Statement. Mutual Fund and ETF data provided byRefinitiv Lipper.
were Still Seeing Net Buying: After Markets Posted The Most Brutal First Half In 50 Years, Heres A Plan For Investors In 2022
Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. U.S. equity futures were https://dotbig.com/ trading higher Thursday morning, adding to the gains from the prior session. ECONOMY Mortgage rates drop for second straight week as recession fears grow Mortgage rates fell for the second week in a row according to Freddie Mac, as investors grow more concerned that the economy is headed for a recession.
Here’s how much housing inventory has risen with higher rates. Our interactive map can help you track the number of homes available for sale near https://en.wikipedia.org/wiki/Bank_of_the_United_States you. Bitcoin is also down more than 69% from its all-time high set in November. Ether is trading around $1,100 and Dogecoin is at 6 cents.
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U.S. stocks rose across the board on Thursday as chipmakers including Intel, AMD and Nvidia helped drive the gains following a strong profit report from Samsung. Investors are also positioning ahead of Friday’s jobs report after weekly jobless claims ticked higher http://dotbig.com/markets/stocks/RACE/ to 235,000. In commodities, oil rebounded by 3% to $90 per barrel. Levi Strauss & Co. shares rose more than 3% in the extended session Thursday after the retailer reported second-quarter earnings above Wall Street expectations, thanks in part to online sales.
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Multiple people, including his two latest cabinet appointments, had called on him to step down amid ethics scandals and dozens of ministers and officials in his Conservative government have resigned this week. ENERGY Energy RACE stock expert warns ‘tight’ global oil market is ‘getting worse’ S&P Global Vice Chairman Daniel Yergin joined ‘Mornings with Maria’ to provide insight into the global energy market and noted more oil is needed worldwide.