Sun, Apr 28, 2024 4:27 PM
Q4 results so far: Total revenue up 16%, bottomline rises 9.3%
A Flip by Avya Verma
The Dow Jones Transportation Average and the Dow Jones Industrial Average are two of the oldest stock market tracking indexes still in use today. Their longevity shows just how important following market trends is for many investors.Yet despite their history, those Dow Jones indexes have a few limitations when it comes to the overall market.
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Telehealth company Hims & Hers Health (NYSE: HIMS) found itself immersed in controversy recently after some polarizing social media posts by the company's CEO sparked debate. The stock took a bit of a hit as a result Then the company released first-quarter earnings amid the uproar, giving bulls a lot to cheer about.
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Investors on Wall Street in the week ahead will look for two major economic data – consumer price inflation and US retail sales – apart from other reports and corporate earnings. Both, inflation and retail sales data have the potential to influence the Federal Reserve’s monetary policy. In earnings, retail giant Walmart and Home Depot among others will be in focus.
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