Select a category
Amazon's Revenue Guidance Came In Light. Its Stock Is Falling
Amazon (AMZN) Shares Dropped After ...
Investopedia
1 h
12
:max_bytes(150000):strip_icc()/GettyImages-2115789932-a7dc516065654179818d8a219b0a002d.jpg)
Amazon (AMZN) shares dropped after the closing bell Thursday as the tech titan delivered third-quarter revenue guidance that disappointed investors.
The company projected current-quarter net sales between $154 billion and $158.5 billion, while analysts had called for $158.42 billion — near the top end of Amazon’s range — per Visible Alpha. The results will incorporate Amazon's latest Prime Day sales event, which the company called its biggest ever.
Amazon’s second-quarter net sales totaled $147.98 billion, up 10% year-over-year and below expectations of $148.67 billion. Earnings per share (EPS) were $1.26, compared to 65 cents in the year-ago quarter and the analyst consensus of $1.04. Amazon Web Services revenue rose 19% year-over-year to $26.3 billion.
Advertising revenue gained 12% to $12.77 billion. Prime Video advertising will continue to be in focus for Amazon: Shows and movies on the platform began having limited advertisements this year, and the NBA earlier this month accepted Amazon's reported bid of $1.8 billion to stream a package of games.
Amazon stock declined more than 5% in late trading Thursday after losing 1.6% during the regular session. Shares are up more than 20% in 2024.
Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.comRead more on Investopedia
Simonkingsley
2 hrs
1
Wahala
🤔🤔
Memes to brighten your day
Investopedia
2 hrs
11
:max_bytes(150000):strip_icc()/GettyImages-2150185976-73c53323229941d0a971c4646af260bc.jpg)
Shares of Snap (SNAP) were hit hard in extended trading Thursday, dropping after the Snapchat parent offered a third-quarter revenue forecast that disappointed investors.
The social-media company's shares can move dramatically—in either direction—on its results, and today was no exception. Snap's stock was recently off some 18%, extending losses of 3.8% seen during the regular session as stocks fell broadly.
The company in a press release said third-quarter daily average users would be 441 million. That's more than Wall Street expected, according to estimates compiled by Visible Alpha. But its revenue guidance for the quarter, a range of $1.335 billion to $1.375 billion, compared less favorably to the $1.36 billion consensus.
Guidance for adjusted earnings before interest, taxes, depreciation and amortization also came in lower than forecast.
"As we move forward into the second half of 2024, we will remain focused on prioritizing our investments carefully to deliver against the cost plans we have set out for our business, while investing prudently to deliver for our community and our partners," the company wrote in a letter to investors.
Snapchat said it would offer further updates at a "Partner Summit" on Sept. 17. Its news came a day after the latest results from Facebook parent Meta Platforms (META), shares of which rose today.
Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.comRead more on Investopedia
Instablog9ja
3 hrs
9
Despite the stern warnings, thr3ats and appeals by the Federal Government, NASS, State governments, Security agencies and some Organised Private Sector (OPS) groups on the planned nationwide protests to be shifted, several business activities were undoubtedly affected and stalled by the organised #EndBadGovernanceInNigeria# protesters in major cities across the country as they remained under lock and keys for fears of reprisal attacks by protesters.
In fact, investigation by New Telegraph showed that many businesses did not opened for operations as fears grip business owners, mostly MSMEs, manufacturing companies, ICT centres, Petrol stations outlets and other key players in the nation’s economy.
However, economic experts predicted that the country’s economy may have lost over N500 billion in a single day to the first day protest in all key sectors of the economy for not being able to opened for businesses business to the general public over fears of looting, lynching and destruction of office complex.
New Telegraph gathered that many key businesses have to employed the services of stern looking security agencies to protect their operations during the #EndBadGovernanceInNigeria# protests nationwide with targets being warehouses, phone accessories and sales, pharmaceutical companies, banks, automobile shops, electronics shops and others by hoodlums that disguised to joined the protesters across major cities in the country
Healthwatch
4 hrs
17
Months after actor and comedian Robin Williams took his own life in August 2014, autopsy results revealed he had a devastating disease: Lewy body dementia (LBD). Unlike Alzheimer's disease and even frontotemporal dementia, this brain disorder has tended to hide in the shadows. But work is underway to change that, says Dr. Stephen Gomperts, an assistant professor of neurology at Harvard Medical School and director of the Lewy Body Dementia Unit at Harvard-affiliated Massachusetts General Hospital.
Perhaps surprisingly, LBD is the second most common cause of neurodegenerative dementia after Alzheimer's disease. How do its symptoms differ? Who is at risk? And how is it diagnosed and treated?
What is Lewy body dementia?
First, it's important to know that there are two main types of this dementia. One is called dementia with Lewy bodies, or DLB. A second type, known as Parkinson's disease dementia, or PDD, may arise late in the course of that illness.
These disorders stem from an abnormal buildup of protein deposits in the brain called Lewy bodies. The deposits, formed from a protein called alpha-synuclein, settle in brain areas affecting thinking, behavior, perception, and movement.
Much like Alzheimer's disease, LBD is progressive and ultimately fatal. But while the median lifespan of people who have this illness is seven years, there is a high degree of variation in the duration of disease, says Dr. Gomperts. "Many people respond well to medicines that aim to improve their ability to function and quality of life."
How common is it?
More than a million Americans live with Lewy body dementia. Others who likely have the disease may not have sought care or have been misdiagnosed, Dr. Gomperts says. "In the past, LBD was often subsumed under the general umbrella of 'dementia' or 'Alzheimer's.' It's still significantly underdiagnosed, but that's getting better."
Most people with LBD develop symptoms after age 50, so the numbers are likely to grow as the population continues to age.
How is Lewy body dementia similar to Alzheimer's disease?
As with Alzheimer's, LBD affects a person's ability to think clearly, remember details, solve problems, focus on tasks, and eventually to care for themselves. "Gradually progressive trouble with thinking is the key shared feature between the two. This initially doesn't impact activities of daily living, but ultimately it does," he explains.
How does Lewy body dementia differ from Alzheimer's disease?
In Alzheimer's disease, memory problems usually occur early and are the dominant problem. In contrast, in LBD, difficulties with problem-solving or spatial problems tend to arise before memory difficulties. But any of these symptoms can occur first or in combination, and they may fluctuate. Perception is often affected, which can manifest as visual hallucinations. Delusions (false beliefs) are also common as the disease progresses.
"Whereas hallucinations and delusions are common late in the course of Alzheimer's disease, visual hallucinations often arise early in LBD. For example, a person with LBD might see people or animals that aren't there," he says. "Such hallucinations are only rarely perceived as threatening."
Other differences are:
How do experts distinguish between PDD and DLB?
It's all in the timing of key symptoms. A "one-year rule" distinguishes each disorder.
"But this one-year rule is somewhat arbitrary," Dr. Gomperts says. "Increasingly we think of this as a spectrum of disease."
Who is at risk for Lewy body dementia?
Age is considered the biggest risk factor for the disease. Most cases have no known trigger, although a handful of gene mutations can predispose someone to LBD.
Several lifestyle factors such as diet, lack of exercise, and toxic exposures have been linked to Parkinson's disease risk. However, little research has been done to examine whether these factors are linked to LBD. People who have suffered head trauma appear to develop LBD and Parkinson's more often. Both conditions also disproportionately affect men. "We think that's telling us something important, but it's not yet clear what," Dr. Gomperts says.
How is Lewy body dementia diagnosed?
The diagnosis of DLB is made when key clinical features are present — trouble thinking, fluctuations in thinking, movement problems, and REM sleep behavioral disorder — in the absence of other causes. The diagnosis of PDD is made when dementia arises in Parkinson's disease.
Diagnosing DLB is challenging because early symptoms are often confused with symptoms that arise in other brain or psychiatric disorders. Many people don't receive an accurate diagnosis until their symptoms become more advanced, Dr. Gomperts says.
An array of tests and imaging exams is deployed to tease out LBD from other conditions that can trigger similar symptoms, such as Alzheimer's disease, vascular disease, thyroid disorders, or vitamin B12 deficiency.
"Not all cases are clear-cut and not all physicians are skilled at making the diagnosis," he says. "Accuracy is also lower in early disease."
Are there treatments for Lewy body dementia?
Yes. Although there's no cure, treatments like medications, physical therapy, and counseling can help with specific symptoms of LBD, such as thinking problems, hallucinations, and sleep disturbances. LBD-related movement symptoms can also be treated with some medications used for Parkinson's. This makes it easier to walk and do other activities.
"We've also learned that several medications can cause or worsen certain symptoms, such as confusion, delusions, hallucinations, and movement problems," Dr. Gomperts says. "In fact, some medications that target hallucinations and delusions often worsen motor function and can even be fatal in LBD. They need to be avoided."
Source: Harvard Health Publishing
