Here are some of the notable earnings reports just released:
Planet Fitness ($PLNT)
Gym chain Planet Fitness missed earnings per share last quarter but beat estimated revenue.
Disney ($DIS)
Disney stock dipped, but quickly rebounded, in after-hours trading as the company announced it missed expected revenue last quarter, but earnings per share beat expectations.
Nikola ($NKLA)
Shares of electric vehicle maker Nikola fell after hours as the company missed expected earnings per share in its first earnings report.
Beyond Meat ($BYND)
Plant-based meat alternative producer Beyond Meat beat its expected revenue with an increase last quarter and met its expected earnings per share.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
