Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Gr ...

EMERYVILLE, Calif., Aug. 21, 2024 /PRNewswire/ -- Kyverna Therapeutics, Inc. (Kyverna), a patient-centered, clinical-stage biopharmaceutical company focused on developing cell therapies for patients suffering from autoimmune diseases, announced today that the company's executives will participate in the following investor events:Investor Conference Details:    Morgan Stanley Global Healthcare Conference in New York, NY on September 4, 2024Format: Fireside Chat with Mike Ulz at 11:30 am EDT and host investor ...

Group 1 - Western Midstream Partners, LP (WES) will release a post-earnings interview on its website to discuss insights related to its second-quarter 2024 results [1] - WES plans to participate in several investor conferences in the third quarter of 2024, including the Barclays CEO Energy Conference and MUFG Oil & Gas Conference [1] - The investor conferences will take place in New York City on September 4 and 5, 2024, with additional events scheduled for September 10, October 2, and October 3, 2024 [1] Group 2 - Western Midstream Partners, LP is a master limited partnership focused on developing, acquiring, owning, and operating midstream assets across several states including Texas, New Mexico, Colorado, Utah, and Wyoming [2] - The company engages in various activities such as gathering, compressing, treating, processing, and transporting natural gas, as well as handling condensate, natural-gas liquids, and crude oil [2] - A significant portion of WES's cash flows is secured through fee-based contracts, which protect the company from direct exposure to commodity price volatility [2]

SANTA BARBARA, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Software billionaire Dan O’Dowd, the world’s leading authority on software that never fails and can’t be hacked, kicks off a public awareness campaign about the defects of Artificial Intelligence via full-page ads running in today’s Wall Street Journal and New York Times.  The ads also mark the launch of a wider AI-focused campaign from O’Dowd’s software safety advocacy group The Dawn Project, which for the past two years has focused on raising public ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

The New York Times Company (NYT) continued its decent performance in the second quarter of 2024. The company's adjusted earnings per share came in at 45 cents, which surpassed the Zacks Consensus Estimate of 40 cents. The figure marked an increase from the year-ago adjusted earnings of 38 cents a share. Total revenues of $625.1 million came ahead of the Zacks Consensus Estimate of $623 million and increased 5.8% year over year. The company added approximately 300,000 net digital-only subscribers compared wi ...

Financial Performance - Total revenues for Q2 2024 reached $625.1 million, a 5.8% increase from $590.9 million in Q2 2023[14] - Subscription revenues increased to $439.3 million in Q2 2024, up 7.2% from $409.6 million in Q2 2023[14] - Net income for the first six months of 2024 was $106.0 million, compared to $68.9 million for the same period in 2023, representing a 53.5% increase[14] - Operating profit for Q2 2024 was $79.4 million, a 42.3% increase from $55.8 million in Q2 2023[14] - Basic earnings per share for Q2 2024 were $0.40, up from $0.28 in Q2 2023, reflecting a 42.9% increase[14] - Total revenues for the first six months of 2024 were $1.22 billion, a 5.9% increase from $1.15 billion in the same period of 2023[35] - Total adjusted operating profit for the first half of 2024 was $180.8 million, a 23.7% increase from $146.1 million in the same period of 2023[82] Assets and Liabilities - Total assets decreased to $2.67 billion as of June 30, 2024, down from $2.71 billion as of December 31, 2023[9] - Total current liabilities decreased to $543.1 million as of June 30, 2024, compared to $611.6 million as of December 31, 2023, a reduction of 11.1%[12] - Cash and cash equivalents decreased to $222.9 million as of June 30, 2024, down from $289.5 million as of December 31, 2023[9] - Total stockholders' equity as of June 30, 2024, was $1,804,986,000, up from $1,607,220,000 as of June 30, 2023, reflecting a growth of 12.3%[23] - The company’s total liabilities decreased from $1,607,220,000 as of June 30, 2023, to $1,804,986,000 as of June 30, 2024, reflecting a reduction of 12.3%[23] Cash Flow and Dividends - Cash provided by operating activities for the six months ended June 30, 2024, was $133,310,000, compared to $119,782,000 for the same period in 2023, representing an increase of 11.3%[25] - The company declared dividends of $0.13 per share in Q2 2024, compared to $0.11 per share in Q2 2023[14] - Dividends paid in the first half of 2024 totaled $40,032,000, compared to $33,195,000 in the same period of 2023, indicating an increase of 20.5%[25] Revenue Streams - Subscription revenues for Q2 2024 reached $439.3 million, accounting for 70.3% of total revenues, compared to $409.6 million (69.3%) in Q2 2023[35] - Digital-only subscription revenues increased to $304.5 million (69.3% of total subscription revenues) in Q2 2024, up from $269.8 million (65.9%) in Q2 2023[35] - Advertising revenues for Q2 2024 were $119.2 million, representing 19.1% of total revenues, slightly up from $117.8 million (19.8%) in Q2 2023[35] - Digital advertising revenues grew to $79.6 million (66.8% of total advertising revenues) in Q2 2024, compared to $73.8 million (62.7%) in Q2 2023[36] Stock and Compensation - The company repurchased 911,551 Class A shares in the first half of 2024, costing $42,266,000, compared to repurchases of 1,161,017 shares for $43,591,000 in the same period of 2023[25] - Total stock-based compensation expense for Q2 2024 was $17.034 million, an increase of 28.1% from $13.253 million in Q2 2023[78] - Stock-based compensation expense increased to $32,890,000 for the six months ended June 30, 2024, from $24,153,000 in the same period of 2023, marking a rise of 36.1%[25] Legal Matters - The company is involved in various legal actions, including a lawsuit against Microsoft and OpenAI for copyright infringement, seeking monetary and injunctive relief[85] - The company recorded $2,000,000 in litigation-related costs in Q2 2024 related to a lawsuit against Microsoft and OpenAI[57] Taxation - Income tax expense for the second quarter of 2024 was $21.5 million, an increase from $14.4 million in the second quarter of 2023, reflecting a rise of approximately 49.3%[69] - The effective tax rate for the second quarter of 2024 was 24.7%, compared to 23.6% in the same quarter of 2023[69] Pension and Severance - The net periodic pension cost for the second quarter of 2024 was reported as $2,101,000, compared to a cost of $(144,000) for the same period in 2023, indicating a significant increase[67] - The company recognized severance costs of $5,900,000 for the first six months of 2024, an increase from $4,500,000 in the same period of 2023[55] - As of June 30, 2024, the company had a severance liability of $7,200,000, up from $4,400,000 as of December 31, 2023[56] Market Outlook - The company expects to recognize approximately $47 million, $78 million, and $31 million from remaining performance obligations in 2024, 2025, and thereafter through 2028, respectively[37] - The company expects to make contractual contributions of approximately $12 million to the pension plan in 2024, which exceeds the minimum funding requirements[67]

Key TakeawaysThe New York Times Co. on Wednesday reported second-quarter revenue and profit that beat analysts' estimates.The media outlet topped 10 million digital subscribers and reported digital advertising revenue rose 7.8% year-over-year.Shares rose more than 5% in intraday trading. Shares of the New York Times Co. (NYT) surged in intraday trading Wednesday after the media outlet's second-quarter results beat estimates as its surpassed 10 million digital subscribers for the first time. The Times report ...