Guidance

CVS Slashes Earnings Guidance Amid Medicare Advantage Challenges – What You Need to Know for 2024!

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New York, New York – CVS Health Corp revised its 2024 earnings forecast downward, with adjusted earnings per share projected to be at least $7, a decrease from the previous guidance of at least $8.30 per share. Wall Street analysts had anticipated full-year adjusted profit around $8.28 per share. The company also adjusted its unadjusted earnings guidance to at least $5.64 per share, down from the previous forecast of at least $7.06 per share. The …

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**Netflix** smashes earnings expectations with 9 million new subscribers – stock falls on revenue guidance

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Los Gatos, CA – Netflix reported a strong first quarter performance, surpassing expectations with over 9 million new subscribers added during the quarter. The company’s revenue for the quarter was $9.37 billion, a 14.8% increase from the same period last year. Despite this positive news, the stock price fell over 3% in after-hours trading due to disappointing second quarter revenue guidance. The significant subscriber additions of 9.3 million exceeded forecasts of 4.8 million, following the …

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**AI** learns like a child: Exploring the world through baby steps and mom’s guidance

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New York, NY – Researchers at the New York University Center for Data Science have embarked on a groundbreaking project to teach an advanced AI algorithm using a unique approach inspired by human childhood development. Unlike traditional methods that involve feeding vast amounts of text data to machines, this new experiment aimed to mimic a child’s early learning experiences in the real world. Wai Keen Vong, a key researcher on the project, emphasized the importance …

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Warner Bros. Discovery Tanking! Stock Plummets 11% After Disappointing Quarter – Investors Left Hanging Without 2024 Guidance

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Los Angeles, CA – Warner Bros. Discovery’s share price took a significant hit, dropping 11%, following disappointing quarterly results that revealed challenges in linear advertising and studio performance. Investors were further unsettled by the absence of a full-year forecast for 2024. Analyst Michael Morris of Guggenheim Partners expressed concern over the lack of guidance, stating that it poses a challenge to investor confidence. The company historically provided forecasts for the upcoming year, making the omission …

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Palo Alto Networks Suffers 17% Plunge in After-Hours Trading After Lowering Full-Year Revenue and Billings Guidance: What Investors Need to Know

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SAN JOSE, Calif. – Palo Alto Networks, a cybersecurity company, experienced a significant drop in its stock price after reporting its fiscal second-quarter results. The company’s shares plummeted by 17% in extended trading on Tuesday following a beat on both the top and bottom lines but a downward revision of its full-year revenue and billings guidance. The company reported adjusted earnings per share of $1.46, surpassing the $1.30 expected by LSEG, formerly Refinitiv. Additionally, their …

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