Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: Ulta Beauty — Shares surged more than 6% after hours as the beauty retailer’s quarterly report beat Wall Street estimates on the top and bottom lines. Ulta Beauty posted adjusted first-quarter earnings of $6.30 per share on revenue of $2.346
A Rhode Island farmhouse that is notorious for inspiring director James Wan’s 2013 supernatural horror film The Conjuring has sold for $1.525 million. Though it wasn’t the house featured in the film, it was the actual home where the Perron family was plagued by nearly a decade of intense paranormal activity in the 1970s. The
MoMo Productions | Taxi | Getty Images In the last decade, a surge in home prices has built considerable wealth for the middle class. Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value
EY is working on a split of its audit and advisory operations worldwide in the biggest shake-up of a Big Four accounting firm in two decades, according to three people with knowledge of the plans. The proposal, which is still being thrashed out among EY’s upper echelons, is a bold attempt to escape the conflicts
Not much needs to be said about the impact of rising rates and volatility on the muni market — new issuance and trading activity have been impacted, and a look into the crystal ball suggests the rest of 2022 will be more of the same. Add to that the challenges of attracting and retaining talent
A Puerto Rico attorney filed a motion charging the Puerto Rico Oversight Board’s local law firm with a conflict of interest related to its representation of four financial firms that acquired a $384 million loan portfolio from an entity under control of the board. Attorney Carlos Lamoutte filed the motion against Puerto Rico law firm
Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of original footage from a TED Talk featuring Musk and curator Chris Anderson
The cannabis stocks are hot but will their earnings reports be too? Aurora Cannabis: https://www.zacks.com/stock/quote/ACB?cid=CS-YOUTUBE-FT-VID Cronos Group: https://www.zacks.com/stock/quote/CRON?cid=CS-YOUTUBE-FT-VID Tilray: https://www.zacks.com/stock/quote/TLRY?cid=CS-YOUTUBE-FT-VID Canopy Growth: https://www.zacks.com/stock/quote/CGC?cid=CS-YOUTUBE-FT-VID
In this article NTNX SNOW NVDA WSM TWTR Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Here are the stocks making notable moves after the bell. Nvidia — The chip stock dropped more than 6% after Nvidia’s guidance for the second quarter showed lighter-than-expected
Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on May 25 seven blocks from number 3,887,075 to 3,887,081 were knocked out of the Beacon Chain between 08:55:23 to 08:56:35 AM UTC. The term reorg refers to an event in
Brilliant aquamarine waters and bleached sand beaches ring the more than 40 tropical islands that make up Turks and Caicos, an archipelago southeast of the Bahamas. Providenciales, considered the gateway to the British Overseas Territory, boasts expansive beaches, luxury resorts, shopping and more than 60 restaurants and cafes. Scuba-diving, kayaking and paddle boarding are among
In this article JPM WFC High home prices aren’t the only reason behind dwindling homeownership in the U.S. Banks and financial institutions aren’t issuing enough small-dollar mortgages that help families with modest incomes to purchase a property. “It is particularly hard for people who are buying smaller houses with smaller mortgages to find a lender
Federal Reserve officials discussed the possibility of moving the US central bank to a “restrictive” policy stance that would better fight inflation through more aggressive interest rate increases, but worried that this could undermine the strong recovery in the jobs market. According to minutes of the most recent FOMC meeting held in early May, most
Moody’s Investors Service raised Louisiana’s general obligation bonds and issuer credit rating to Aa2 from Aa3 Wednesday, citing significant progress the state has made restoring its financial reserves and liquidity. Despite a trend that sees a decline in production and a rise in volatility for its gas and oil industries along with unfavorable demographics, the
Anaheim, California, Mayor Henry Sidhu has resigned amid allegations of corruption involving the city’s sale of Angel Stadium to the Los Angeles Angels Major League Baseball team. Sidhu resigned Monday, effective Tuesday, saying it would allow the city to “move forward without distractions” as the FBI investigates allegations that he provided insider information to the
On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said they own digital assets worth
Traders on the floor of the NYSE, May 17, 2022. Source: NYSE U.S. stock futures rose on Tuesday night after the Nasdaq Composite dropped during the regular session, following a warning of slowing growth from social media company Snap that hurt the tech-heavy index. Dow Jones Industrial Average futures rose 111 points, or 0.4%. S&P
As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are currently experiencing their worst stretch of losses in recent history and it doesn’t appear that there is any
The housing market turned a corner in April as the inventory crunch showed signs of easing, according to a new report from Redfin, a technology-powered real estate brokerage. The 9% year-over-year decline in homes for sale was the smallest since March 2020 and the first single-digit drop since the start of the pandemic. While inventory
Ozgurcankaya | E+ | Getty Images Before you book a rental property for a summer getaway, you may want to double check that you’re not getting scammed. This week, New York State Attorney General Letitia James issued a warning for consumers seeking rental properties. “Summer plans can quickly melt if consumers aren’t careful when they
Shares in some of Britain’s biggest power companies fell sharply on Tuesday as Rishi Sunak drew up plans for a windfall tax on the energy sector to help offset spiralling domestic fuel bills. The chancellor is rushing to complete an emergency energy package to offer relief to households struggling with a spiralling cost of living