Super Micro Computer reported fiscal fourth-quarter earnings that missed analysts' estimates and announced a 10-for-1 stock split. Revenue more than doubled year-over-year and came in slightly ahead of analysts' expectations, but the company's margins fell as costs rose, holding back profits. Super Micro Computer CEO Charles Liang said the company...

Super Micro Computer Misses Earnings Estimates, Announces 10-for-1 Stock Split

TheStreet

This is what could happen next to Amazon shares.

Analysts reboot Amazon stock price targets after earnings

The Motley Fool

The crowd selling this stock en masse is looking past a trio of important bullish details.

Yes, I'd Buy Amazon Stock on This Post-Earnings Dip. Here's Why

Consumers are just not buzzing about energy drinks at the moment. Popular energy drink maker Monster Beverage missed sales expectations for the second quarter. On Wednesday, Monster reported net sales of $1.90 billion, lower than the expected $2.01 billion analysts predicted. For the three months that ended on June 30, the company reported a profit of 41 cents per share versus a 45 cents per share projection. However, recent net sales beat revenues of $1.85 billion for the same time period last year.

Monster Beverage’s Sales Fall Short of Expectations, Blames Convenience Stores

The New York Times

The economy’s resurgence from the pandemic shock has had a singular driving force: the consumer. Flush with savings and buoyed by a sizzling labor market, Americans have spent exuberantly, on goods such as furniture and electronics and then on services including air travel and restaurant meals.

To Avoid a Recession, Consumer Spending Is Key

The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.

Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street

California State

Uber, Lyft, Grubhub and DoorDash scored a major victory in a recent ruling from California's top state court upholding Proposition 22 and the classification of drivers as independent contractors rather than employees. Gig economy companies, as well as drivers who prefer contractor status, think they now have nationwide momentum to...

Uber, Lyft and the gig economy think they've found a way to win the national labor war

Jessica Jackson was afraid of heights when she first started her job as a wind turbine service technician — now, she spends most of her days working 300 feet in the air. Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year.

37-year-old mom earns $73,000 in one of the most in-demand jobs in the world—and it doesn't require a degree: 'I love what I do'

Missouri State

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CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Charles Barkley said in a statement Tuesday he is not retiring and will stay with TNT Sports. Barkley said in June he planned to retire after next year's NBA season. Barkley signed a 10-year deal with TNT Sports in 2022. Charles Barkley is not retiring and he is not leaving...

Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Florida State

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Uncovering Florida

With hurricane season posing a consistent threat six months out of the year, who would not like a little help getting their home ready for the harsh weather to come? Senate Bill 7028: My Safe Florida Home Program, approved by Governor DeSantis on April 24, 2024, and effective as of July 1, appropriates a one-time total of $200 million from 2024 to 2025 for the purpose of funding hurricane mitigation grants and inspections, as well as outreach and administration costs, to support homeowners in Florida.

DeSantis Signs New Bill Giving $200 Million To Homeowners

CNBC's Steve Liesman reports on results from the latest CNBC All-America Economic Survey.

Americans let politics impact investing decisions and could be paying for it

Five countries have now issued travel and safety warnings to their citizens as riots and street disorder continue in the U.K. The United Arab Emirates, Nigeria, Malaysia, Indonesia and Australia have since all warned their citizens living in or visiting the U.K. that parts of the country present "safety risks" at the current time.

As riots and disorder spread, some countries warn their citizens about traveling to the UK

VillageMD, a core part of Walgreens' push to expand beyond its legacy pharmacy operations, has planned to close a substantial number of poorly performing clinics to cut costs. "These options could include a sale of all or part of the VillageMD businesses, possible restructuring options and other strategic opportunities," Walgreens said in a filing on Wednesday.

Walgreens explores options for VillageMD business

Renton, WA

Boeing's new CEO, Robert "Kelly" Ortberg, takes the reins of the aerospace giant on Thursday. The 64-year-old aerospace veteran previously headed supplier Rockwell Collins. Ortberg inherits a company mired in safety and manufacturing crisis. 's new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing...

Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor

"Never" selling might be aspirational, but these stocks make it easier.

2 Magnificent Stocks That I'm "Never" Selling

Declutterbuzz

People report feeling overwhelmed when tasked with Decluttering. Whether it's the lack of time, dealing with chronic illness, or managing ADHD, these obstacles can seem impossible. Today, we're going to make your decluttering process simpler by using the guide How To Overcome Common Obstacles To Decluttering.

How To Overcome Common Obstacles To Decluttering

Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner. It's an unusual setting for a mechanic, but a profitable one. Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006.

45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’

NewsBreak

Under Armour shares surge 20% after posting 'better than feared' quarterly sales

Under Armour beat Wall Street's quarterly estimates on the top and bottom lines. The company adjusted its full-year profit guidance after settling a securities lawsuit from...

Under Armour shares surge 20% after posting 'better than feared' quarterly sales

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