Micron Technology Inc. just reported its worst quarter in history, revealing more than $2 billion in losses in three months and its worst gross margin since the dot-com bust. Yet when the extended trading session ended Tuesday, Micron MU shares were up 1.2%. So what the heck just happened? The...…
© Reuters. FILE PHOTO: Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. REUTERS/Jonathan Ernst NEW YORK (Reuters) - The New York grand jury probing former President Donald Trump's alleged role in a hush-money payment…
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Lucid Group Inc. plans to lay off roughly 1,300 employees, the electric-vehicle maker disclosed Tuesday. In a filing with the Securities and Exchange Commission, Lucid LCID said it will cut about 18% of its workforce, with the layoffs expected to be “substantially complete” by the end of the second quarter.…
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If you’re a loyal worker, you’re also likely to be an exploited worker. That’s the key takeaway from a new study led by Matthew Stanley, a postdoctoral researcher at Duke University’s Fuqua School of Business. Stanley’s findings appeared in a recent issue of the Journal of Experimental Social Psychology —…
Lululemon Athletica Inc.’s stock vaulted 13% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue and earnings estimates, and offered strong full-year revenue guidance. Lululemon LULU reported fiscal fourth-quarter net earnings of $119.8 million, or 94 cents a share, compared with net earnings of…
© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) - The U.S. Treasury Department's long-awaited guidance on battery sourcing requirements for electric vehicle tax credits due out by…
Some Coventry School Deaths Might Have Been Prevented; Schools and Public Places Should Follow Lead of U of Maryland Some Coventry School Lives Might Have Been Saved WASHINGTON, D.C. (March 29, 2023) – Six people just died in the mass shooting at the Coventry Schools in Nashville, twenty-one recently lost…
The message I am going to pass along today may be the most important one I bring you ALL year. And it starts with one word– Tendencies This is one word that I promise you’ll need to understand if you are going to be a successful trader. No, I’m not…