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Peloton Gears Up For Next Chapter: Sales Beat, Apple Alum As CEO, And Strong Margin Gains
Peloton’s stock jumps 30% as Q1 sales hit $586 million, surpassing estimates, while Apple veteran Peter Stern is named new CEO. read more
Cigna’s Q3 Profit Beats Street On Strong Demand For Pharmacy Benefit Management’s Specialty Drugs, New Clients
Cigna reports Q3 sales of $63.7 billion, a 30% YoY increase, driven by Evernorth growth. Adjusted EPS of $7.51 beats estimates. 2024 EPS guidance reaffirmed. read more
Hyatt’s Earnings Miss Clouds Q3, Eyes Strong 2024 With Bold Pipeline And Expanding Member Base
Hyatt Hotels’ Q3 earnings miss estimates with adjusted EPS of 94 cents, despite a 3% increase in hotel RevPAR. read more
Anheuser-Busch Q3 Beats, But Beer Volume Drops Globally
Anheuser-Busch InBev beats Q3 earnings estimates but reports a 2.4% decline in beer volumes, affected by weak consumer demand in China and Argentina. read more
MiCA Regulation Could Reshape Europe’s Crypto Market, Says Industry Executive
MiCA regulation to reshape EU digital asset market. Compliance boosts investor confidence but may discourage smaller startups. read more