Straits Times Index
3,303.19 +10.26 (+0.31%) S&P 500
5,159.21 +31.42 (+0.61%) Dow
38,782.76 +107.08 (+0.28%) Nasdaq
16,263.13 +106.81 (+0.66%) Bitcoin USD
63,762.29 -292.89 (-0.46%) CMC Crypto 200
1,375.48 +62.86 (+4.79%)
TSN Jun 2024 50.000 call
- Barrons.com
Tyson Foods Stock Falls Sharply After Mixed Quarter
Shares of Tyson Foods fell sharply Monday after the meat company beat earnings estimates but sales fell short. Tyson reported fiscal second-quarter adjusted earnings of 62 cents a share, soaring past Wall Street’s call for 39 cents, according to FactSet. “During the second quarter, we continued our positive momentum and made progress on our key initiatives,” said CEO Donnie King in the earnings release.
- GuruFocus.com
Tyson Foods Inc (TSN) Q2 Earnings: Substantial Growth in Operating Income, Surpasses Analyst ...
Revealing a Strong Turnaround in Performance Amidst Market Challenges
- Reuters
US STOCKS-Wall Street set for higher open as rate-cut hopes linger
Wall Street was poised for a higher open on Monday as traders priced in a greater chance of the Federal Reserve cutting interest rates this year following a soft payrolls data last week. The benchmark S&P 500 and the blue-chip Dow closed at three-week highs on Friday after data showed U.S. job growth slowed more than expected in April, taking pressure off the U.S. central bank to keep rates higher for longer. "It's been this tug of war between what you're seeing play out in the rates market and the repricing of inflation and Fed policy versus what you're seeing on the earnings front," said Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions.
