All articles tagged with #inflection point
Originally Published 6 months ago — by New York Post
The Red Sox traded star player Rafael Devers to the Giants after a growing rift and reaching an 'inflection point' in their relationship, citing a need for alignment and team interest, despite fan and player shock.
Originally Published 2 years ago — by Yahoo Finance
Spotify reported a surprise profit of 65 million euros ($69.1 million) in the third quarter, beating analysts' expectations of a loss. The company's CFO, Paul Vogel, stated that they have hit an inflection point and expect to consistently be profitable moving forward. The stock surged by as much as 11% following the earnings call. Spotify achieved higher gross margins and lower costs due to recent price hikes and cost-cutting initiatives. Concerns were raised about the impact of the company's audiobooks push on margin growth, but management reassured investors that it would not derail their progress. Free cash flow also improved significantly. Wall Street analysts praised the report and expressed optimism about Spotify's long-term potential.
Originally Published 2 years ago — by Yahoo Finance
The housing market is approaching an inflection point as home prices are expected to sharply increase, according to Black Knight. After five consecutive months of gains, home prices have reversed the pullback that began last July. While prices are currently down 0.1% on a year-over-year basis, Black Knight anticipates a significant upward trend in the coming months. The housing market's resurgence is widespread, with many markets reaching or surpassing their previous price peaks. However, housing supply remains tight, and affordability is a concern due to high mortgage rates and rising costs. The Federal Reserve faces the challenge of achieving a "soft landing" without reigniting inflation.
Originally Published 2 years ago — by CNBC
Deutsche Bank has identified a materials stock that could reach an earnings inflection point in Q3, indicating a potential increase in profits.