Myriad Genes (MYGN) Higher Second Quarter Earnings, Gross Margin Low

Myriad Genetics, Inc. MYGN reported adjusted earnings per share (EPS) of 4 cents within the second quarter of 2022, topping Zacks’ consensus estimate for adjusted earnings per share of two cents. Nonetheless, the measure is down 66.7% from final 12 months’s quarter determine of 12 cents. Quarter changes exclude some takeovers — amortization of intangible … Read more

Your Rolex might suddenly be less valuable than you think

The watch resale market, the place costs for mega watches have soared to set information in recent times, is again within the floor. In accordance with gross sales knowledge from Chrono24, the watch resale market, a Patek Philippe Nautilus 5711 chrome steel watch that offered for greater than $194,000 in January is buying and selling … Read more

FAANGs aren’t what they used to be, so beware of a bear market bounce as this hedge fund manager says

I’ve had some march. S&P 500 SPX Index, + 1.42% The week begins with a seven-week excessive, buoyed by the Fed’s much less hawkish hopes and a way that earnings pessimism was exaggerated. The benchmark inventory index is up 12.6% from its latest low on md-June, after delivering its finest July efficiency since 1939, in … Read more