- Yahoo Finance Video
Starbucks stock sees worst post-earnings performance since 2000
Starbucks (SBUX) shares are sinking after disappointing second quarter earnings fell short of estimates. The beverage giant reported lower-than-expected revenue, earnings, and same-store sales growth, leading the stock to plummet to its worst post-earnings performance since 2000. Yahoo Finance Executive Editor Brian Sozzi breaks down what this could mean for top Starbucks leadership. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Insider Monkey
CoreCard Corporation (NYSE:CCRD) Q1 2024 Earnings Call Transcript
CoreCard Corporation (NYSE:CCRD) Q1 2024 Earnings Call Transcript May 2, 2024 CoreCard Corporation beats earnings expectations. Reported EPS is $0.05214, expectations were $0.02. Operator: Greetings, and welcome to the CoreCard First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator […]
- Yahoo Finance Video
Fed couldn't ask for 'anything better' in jobs data: Strategist
April jobs data came out weaker than expected, with the U.S. economy adding 175,000 jobs, falling short of projections. Although the report appeared to disappoint, the Federal Reserve had been actively seeking a cooling in the labor market to support its efforts in taming inflation. To analyze the implications of this data, JPMorgan Private Bank Head of Specialized Strategies Steve Parker joins Catalysts. "I don't think Fed Chair Powell could've asked for anything better than what we got today," Parker states. He highlights the decelerating wage growth, the moderating labor market conditions, and the abating inflationary pressures as positive signs aligning with the Fed's goals. Despite the jobs number missing estimates, Parker acknowledges that it still represented a "pretty healthy" level of job creation. Furthermore, he emphasizes that when considering the broader labor market data over the past couple of months, the evidence continues to point to "a very strong labor market," with the slowdown primarily concentrated within government hiring sectors. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
