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Dutch Bros 1Q Sales Surge 30%, Company Reaffirms 2023 Guidance

Jennifer DuBois -
By Exec Edge Editorial StaffDutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year...
Business

Dow Jones Falls As McCarthy Makes Debt Ceiling Pledge; PayPal Plummets

Jennifer DuBois -
The Dow Jones Industrial Average closed lower as House Speaker Kevin McCarthy made a debt ceiling pledge. Palantir (PLTR) soared after CEO Alex...
Business

Rivian’s Earnings Fell Short. The Stock Is Rising.

Jennifer DuBois -
Rivian’s Earnings Fell Short. The Stock Is Rising. Source link
Business

Occidental Petroleum quarterly earnings down 48%, misses estimates

Jennifer DuBois -
By Sabrina Valle and Sourasis BoseHOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter...
Business

Stocks Will Rally If Inflation Data Is Soft, Goldman and JPMorgan Say

Jennifer DuBois -
(Bloomberg) -- In a market where conflicting views abound, two major Wall Street trading desks agree on one thing: US stocks will rally...
Business

Rivian beats quarterly revenue estimates on higher-priced EV sales

Jennifer DuBois -
By Akash Sriram(Reuters) -Rivian Automotive Inc on Tuesday beat Wall Street estimates for quarterly revenue as it sold more higher-priced electric vehicles, and...
Business

Airbnb earnings: Stock tanks 9% after bookings miss

Jennifer DuBois -
Airbnb (ABNB) reported its Q1 2023 earnings after the bell, reporting a minor beat on revenue and a miss on bookings.The company's shares...
Business

Brazil Proposed Internet Regulation. Big Tech Took the Gloves Off

Jennifer DuBois -
On April 28, Felipe Neto, a Brazilian YouTuber with more than 45 million followers, was angry. He had just received a message from...
Business

Oil Reverses China-Driven Drop, Rises on US Plan to Refill SPR

Jennifer DuBois -
(Bloomberg) -- Oil extended its rally for a fourth day, reversing course midday to climb after the Biden administration announced plans to replenish...
Business

PayPal tumbles 12%, eyes lowest close since 2017

Jennifer DuBois -
(Reuters) - PayPal Holdings' stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company...
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