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Snowflake Falls As Q2 Earnings Beat, Guidance Underwhelms – Investor's Business Daily

Snowflake (snow) fell after the enterprise software maker on Wednesday reported second-quarter profit and revenue that beat expectations and that its guidance was roughly in line with expectations. ↑ X Now Playing How these selling strategies can prevent major damage to your portfolio Snowflake said it earned 18 cents a share on an adjusted basis […]

BlackRock’s support of ESG resolutions falls to record low

Rick Rieder, CIO of Global Fixed Income at BlackRock, offers up some key investment advice on The Claman Countdown. BlackRock, the world’s largest asset manager, appears to be moving further away from environmental, social and governance (ESG) initiatives. Of the roughly 500 ESG-related proposals submitted by shareholders during the 2023-24 meeting season, only 4% were […]

Brent Crude Falls Below $80 – OilPrice.com

WTI, the U.S. crude oil benchmark, reversed gains from earlier in the week on Wednesday after an unexpected rise in U.S. crude inventories after a series of drawdowns and a threat from Iran to temporarily shelve its attacks on Israel to leverage. As of 3:03pm ET, Brent Crude was trading just below $80, down 0.90%, […]

Annual inflation falls below 3 percent for first time since March 2021

The Labor Department said Wednesday that consumer prices rose 0.2% in July after remaining flat or falling for two straight months. The Consumer Price Index (CPI) also grew at a slower clip in July from a year earlier, to 2.9%, down from 3% in June and falling below 3% for the first time since March […]

Navy warship production hits 25-year low, falls behind China: report

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Hollywood Falls in Line to Support Harris Leftist VP Pick Tim Walz: ‘Let’s Kick Ass’

Now that Hollywood’s latest screenplay revision has been released, written by Tim Waltz rather than Josh Shapiro, left-wing celebrity influencers are lining up to learn the new talking points about how he’s “brilliant,” “charming,” “strong,” and “a winner.” A “joyful atmosphere” is spreading across the country. “We’re waltzing on the air!” As recently as yesterday, […]