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Today, the large cap index is showing some interesting shifts with top stocks like Tesla and Dick's Sporting Goods performing well and poorly respectively. The advance decline ratio for the large cap segment is currently at 0.41x, indicating a slightly bearish sentiment. However, the segment has been the best performer, highlighting the resilience of these top stocks. With recent changes in technical calls and potential for a bullish trend, investors may want to keep a close eye on these stocks for potential opportunities. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions. Read Full Story
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S&P 500
5,475.09
14.61

0.27%

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Adobe, Inc. Reports Flat Financial Performance for Q2, Positive Trends in Sales and Profitability

Adobe, Inc. has reported flat financial performance for the quarter ending May 2024, with net sales reaching USD 5,309 million and net profit at USD 1,573 million. The company has shown improvement in liquidity and ability to create higher earnings for shareholders, but faces challenges with rising interest cost and decreasing operating cash flow.

May 29 2024 12:00 AM IST
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Booz Allen Hamilton Holding Corp. Reports Mixed Financial Results for Q1 2024

Booz Allen Hamilton Holding Corp. has reported a decline in net sales and operating cash flow for the quarter ending March 2024. However, the company has shown a significant increase in net profit and has been consistently distributing higher dividends. The sales and pre-tax profit have also shown positive trends, but the operating cash flow and debt-equity ratio are areas of concern. Investors are advised to hold their stock and monitor the company's performance.

May 24 2024 12:00 AM IST
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Deckers Outdoor Corp. Reports Record High Operating Cash Flow and Strong Financial Performance in Q1 2024

Deckers Outdoor Corp. has reported a flat revenue performance for the quarter ending March 2024, but its strong operating cash flow of USD 1,061.86 million and low debt levels make it a promising investment. The company's net profit has also shown a significant growth of 47.38% year on year, with positive trends expected in the future.

May 23 2024 12:00 AM IST
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Veeva Systems Reports Record High Operating Cash Flow and Positive Growth in Key Financial Indicators

Veeva Systems, Inc. reported a record high operating cash flow of USD 1,168.93 million in the quarter ending April 2024. Net sales, operating profit, and profit margin have also shown consistent growth, while pre-tax profit, net profit, and EPS have seen significant increases. The company has a strong financial position and has been reducing its debt, with a 'Buy' call from Infinhub.

May 22 2024 12:00 AM IST
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Costco Reports Impressive Q2 Results with Revenue and Net Income Growth, E-commerce Sales Soar

Costco Wholesale Corp. reported a 7.5% increase in revenue and a 10.2% increase in net income for the quarter ending May 2024. The company's e-commerce sales also saw a significant growth of 21.6%, while membership fees increased by 5.2%. With plans to open 20 new warehouses, including its first in China, and a 'Buy' rating from Infinhub, Costco is poised for continued success in the specialty retail market.

May 22 2024 12:00 AM IST
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Schlumberger NV Reports Impressive Financial Results for Q4 2023

Schlumberger NV, a leading contract drilling company, has reported positive financial results for the quarter ending September 2023. The company's operating profit to interest ratio has improved, while profit before tax and profit after tax have seen significant increases. Net sales, operating profit, and earnings per share have also shown positive trends. Additionally, the company has reduced its debt and has a high inventory turnover ratio.

Jan 19 2024 12:00 AM IST
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Everest Group Ltd. Reports Strong Financial Performance in Q3 2023

Everest Group Ltd. has reported a 125.2% increase in Profit After Tax (PAT) and a 68.0% increase in Profit Before Tax (PBT) for the quarter ending September 2023. The company's Net Sales were also at a five-period high, indicating a strong upward trend in profitability. However, Non Operating Income has seen a significant increase, leading to a 'Sell' call from Infinhub.

Oct 25 2023 12:00 AM IST
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