Tag: Earnings

Peloton stock triggers bearish head-and-shoulders pattern as BofA analyst says stop buying

Shares of Peloton Interactive Inc. fell again Thursday toward an eight-month low ahead of the at-home-fitness company’s fiscal third-quarter results, but the technical damage may have already been done with the formation of a bearish head-and-shoulders chart pattern. Peloton’s stock PTON, +0.04% was down 0.5% in afternoon trading, reversing an earlier intraday gain of as […]

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Societe Generale cites ‘remarkable’ equity trading activity as it smashes expectations in the first quarter

A logo outside a Societe Generale SA bank branch in Paris, France. Bloomberg | Bloomberg | Getty Images LONDON — French bank Societe Generale reported a “record” quarter for its trading division, helping it beat analyst expectations for the first three months of 2021. Net income for the first quarter came in at 814 million […]

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An environmentally friendly diamond is forever? Around $350 will buy you Pandora’s new lab-grown jewel

Pandora, the world’s biggest jeweler, which is best known for its silver charm bracelets, said that it will stop selling mined diamonds and switch to affordable, laboratory-grown gems as part of a broader focus on sustainability. “Diamonds are not only forever, but for everyone,” said Pandora Chief Executive Alexander Lacik in a statement on Tuesday […]

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