Straits Times Index
3,316.66 +8.76 (+0.26%) Nikkei
39,071.42 +454.32 (+1.18%) Hang Seng
18,930.02 -265.58 (-1.38%) FTSE 100
8,370.33 -46.12 (-0.55%) Bitcoin USD
69,462.00 -277.93 (-0.40%) CMC Crypto 200
1,511.30 -15.11 (-0.99%)
AS May 2024 17.500 call
| Previous close | 0.0500 |
| Open | 0.2500 |
| Bid | 0.0000 |
| Ask | 1.7500 |
| Strike | 17.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0500 - 0.2500 |
| Contract range | N/A |
| Volume | |
| Open interest | 96 |
- Yahoo Finance Video
Lowe's and Macy's earnings, FDIC chair resigns: Morning Brief
The Morning Brief Co-Hosts Seana Smith and Brad Smith are watching markets (^DJI, ^IXIC, ^GSPC) this morning as the major averages search for direction Tuesday morning. Retailers Macy's (M) and Lowe's (LOW) reported earnings beats for their first quarters this morning, each revealing something about US consumer spending in respective retail categories. Charles Schwab Chief Investment Strategist Liz Ann Sonders breaks down Wall Street's expectations for Nvidia's (NVDA) earnings tomorrow and the future for interest rate cuts by the Federal Reserve. Amer Sports (AS) CFO Andrew Page sits down with Yahoo Finance to talk about how consumers are flocking to the company's more "premium" apparel brands in its portfolio. FDIC (Federal Deposit Insurance Corporation) Chair Martin Gruenberg has resigned from his position after Congressional inquiries into reports of sexual misconduct and a toxic environment at the agency and pressure by lawmakers to step down. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Consumers are dealing with 'a sentiment issue': Amer Sports CFO
Shares of Amer Sports (AS), the parent company of brands like Wilson and Salomon, are trading lower on Tuesday despite beating revenue estimates in its first quarter results. The company delivered weaker-than-expected guidance, weighing on the stock. Amer Sports CFO Andrew Page joins the Morning Brief to discuss the results and provide insight into the company's performance and outlook. Page acknowledges that while the consumer is getting "more healthy," there is an ongoing "sentiment issue," prompting the company's cautious guidance. Despite the sentiment challenges, Page emphasizes that the first quarter solidified the fact that "their demand continues to be high." Page also highlights a notable pattern across industries: consumers are beginning to "migrate toward premium" offerings. He notes that Amer Sports' products align well with this trend, sustaining demand. Pertaining to Amer Sports in particular, Page states, "Consumers continue to still take care of their health and take care of their ability to exercise, their ability to feel good, and our products play in that space very well." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Business WireAmer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance
HELSINKI, May 21, 2024--Amer Sports Inc. (NYSE: AS) ("Amer Sports" or the "Company") today announced its financial results for the first quarter of 2024.
