manassanant pamai Retail sales in Japan increased by 3% Y/Y in May 2024, accelerating from an upwardly revised 2.4% gain in April and far exceeding market expectations for a 2% growth. The latest figure also marked the 26th consecutive month of expansion in retail turnover, as rising wages continued toContinue Reading
knowlesgallery/iStock Editorial via Getty Images Micron Technology (NASDAQ:MU) expects the sale of high bandwidth memory, or HBM, to expand from $100s of millions in revenue in fiscal year 2024 to billions in revenue by fiscal year 2025. “We expect to achieve HBM market share commensurate with our overall DRAM marketContinue Reading
Shares of Levi Strauss (NYSE:LEVI) are nearly 13% lower in after-hours trading, weighed down by a slight miss in FQ3 revenue and bottom-line FY24 sales guidance that came in below expectations. The revenue miss and unchanged guidance both overshadowed better-than-expected profits and a hike in the company’s quarterly dividend. TheContinue Reading
gorodenkoff June Survey of Business Uncertainty: Sales revenue growth (smoothed) uncertainty over the next four quarters retreated to 3.77% from 3.82% in May. Sales revenue growth expectations have returned to their pre-pandemic average, though “firms remain more uncertain about future sales growth than before the pandemic,” the Atlanta Fed said.Continue Reading
Cybersecurity company CrowdStrike (NASDAQ:CRWD) on Wednesday said it has surpassed $1 billion in total sales over the lifetime of its partnership with IT solutions provider CDW (NASDAQ:CDW). CrowdStrike has also achieved CDW’s Diamond Level Partner Status, joining companies that are key to CDW’s $20 billion business, it said. CrowdStrike, inContinue Reading
Wolterk/iStock Editorial via Getty Images General Mills (NYSE:GIS) fell back in early trading on Wednesday after the food manufacturer’s organic sales trends disappointed investors. Net sales were down 6.4% to $4.71 billion, reflecting unfavorable net price realization/mix and lower pound volume. Those results included a three-point headwind from a comparisonContinue Reading
Investing.com– Bitcoin price moved little on Wednesday and was nursing steep losses over the past week as fears of selling pressure from distributions by defunct crypto exchange Mt. Gox weighed on sentiment. Strength in the dollar weighed on broader crypto prices, as traders remained largely biased towards the greenback inContinue Reading
Shares of Walmart (NYSE:WMT) dropped early Tuesday morning after some of the comments from the company’s finance chief spooked investors and left the stock more than 2% lower at the open. At the Bank of America London Investor Conference, Walmart (WMT) CFO John Rainey warned that the current quarter won’tContinue Reading
Bowlero (NYSE:BOWL) has announced that its Summer Season Pass exceeded $6M in sales to date, marking an all-time high in pass sales for the company with over two months worth of sales opportunity remaining. This achievement highlights the growing popularity of the Summer Season Pass and Bowlero’s commitment to deliveringContinue Reading
Nikada Sales of Tencent’s (OTCPK:TCEHY) (OTCPK:TCTZF) new game Dungeon & Fighter Mobile more than doubled than that of the company’s best-selling title Honor of Kings on iOS in its first month in China, Bloomberg News reported, citing research from Sensor Tower. DnF Mobile, which was released on May 21, hadContinue Reading
