Shares of footwear company Skechers (NYSE:SKX) jumped 17.4% in the morning session after the company reported a rare 'beat and raise' quarters. Skechers blew past analysts' constant currency revenue expectations. Its operating margin also outperformed Wall Street's estimates. Looking forward to the full year, the company raised its revenue and EPS guidance for 2024, and both are comfortably ahead of analysts' expectations. Overall, this quarter's results seemed fairly positive, and shareholders
Oil prices end lower on weak U.S. gasoline demand Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the.
Oil prices end lower on weak U.S. gasoline demand Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the.
Oil Edges Higher on U.S. Inventories Draw Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.
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