Book review: Sayaka Murata's builds a dystopian world of sexless marriages in Vanishing World
PHOTOS: BUNGEISHUNJU, GRANTA BOOKS
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Hologic (HOLX) Reports Q2: Everything You Need To Know Ahead Of Earnings
Medical technology company Hologic (NASDAQ:HOLX) will be reporting earnings this Wednesday afternoon. Here's what investors should know. Hologic met analysts' revenue expectations last quarter, reporting revenues of $1.01 billion, down 1.2% year on year. It was a slower quarter for the company, with a slight miss of analysts' full-year EPS guidance estimates and full-year revenue guidance meeting analysts' expectations. Is Hologic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Hologic's revenue to be flat year on year at $1.01 billion, slowing from the 2.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.05 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hologic has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 0.9% on average. Looking at Hologic's peers in the healthcare equipment and supplies segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Boston Scientific delivered year-on-year revenue growth of 22.8%, beating analysts' expectations by 3.4%, and Intuitive Surgical reported revenues up 21.4%, topping estimates by 3.7%. Boston Scientific traded up 2.9% following the results while Intuitive Surgical was down 1.9%. Read our full analysis of Boston Scientific's results here and Intuitive Surgical's results here. Investors in the healthcare equipment and supplies segment have had steady hands going into earnings, with share prices flat over the last month. Hologic is up 2.8% during the same time and is heading into earnings with an average analyst price target of $69.93 (compared to the current share price of $66.99). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
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23 minutes ago
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Australia's Caribbean cricket tour ends with a perfect 8-0 record in tests and T20s
BASSETERRE, St. Kitts (AP) — Australia completed a sweep of the Twenty20 international cricket series with a three-wicket victory over West Indies on Monday to finish its Caribbean tour with an 8-0 record. Australia went into the last game on a 7-match winning streak following the 3-0 test series sweep and victories in the first four of the T20 internationals. After winning the toss for the eighth straight time, Australia sent the home team in to bat and dismissed West Indies for 170 two balls short of the alloted 20 overs. Shimron Hitmyer's 52 from 31 balls and Sherfane Rutherford's 35 off 17 propped up the innings but the target wasn't big enough to put genuine pressure on the Australian batters. Ben Dharshuis took 3-41 and Nathan Ellis finished with 2-32, while spinner Adam Zampa returned 1-20 in his 100th T20 international after taking a wicket and having a chance dropped off his bowling in the penultimate over. The Australians reached 173-7 with 18 balls to spare, with a 63-run fifth-wicket partnership between Mitchell Owen (37 off 17 deliveries) and Cameron Green (32 off 18) stabilizing the innings. Aaron Hardie finished not out on 28. West Indies had Australia in trouble in the opening powerplay with Jason Holder and Alzarri Joseph taking two wickets apiece, but the runs kept flowing. Holder dismissed Glenn Maxwell for a golden duck, the first ball of the second over, when the Australian allrounder swung at a ball that shaped away and edged to short third-man where Jediah Blades juggled the catch but held the second grab. Holder also removed Josh Inglis (10) at the end of the second over. Joseph bowled Mitch Marsh (14) as Australia slipped to 29-3 after 2.2 overs and, after on onslaught of sixes, he had Tim David (30 from 12 balls) caught in the deep as Australia slipped to 60-4 in the fifth over. From there, Owen and Green dominated with a succession of sixes, including one by Owen that landed on the roof on a pavilion. Left-arm spinner Akeal Hosein was finally introduced to the attack to change the pace, and had an immediate impact with his second delivery to dismiss Owen and break up the important partnership. Hosein also dismissed Green and Ben Dwarshuis to return 3-17. ___ AP cricket:
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Australian lender CBA to cut 45 jobs in AI shift, draws union backlash
(Reuters) -Commonwealth Bank of Australia confirmed on Tuesday it is cutting 45 jobs as part of a shift toward using artificial intelligence to handle certain tasks, prompting a union to accuse the bank of excluding workers from the evolving economy. CBA, the country's biggest lender, said it is currently investing more than A$2 billion ($1.30 billion) in its operations, including frontline teams and technology services, due to which "some roles and work can change". Australia's Finance Sector Union (FSU) has accused CBA of axing frontline roles in favour of automation and offshoring. In a statement, the union claimed that a total of 90 roles were being eliminated, including 45 positions in the bank's direct banking system. According to the FSU, these jobs were cut following the introduction of a new voice bot system on the bank's inbound customer enquiries line in June. "We're also proactively creating new roles to support career growth and help our people transition into future-fit opportunities," CBA said. The bank said it is consulting on the affected roles and looking at other internal jobs and reskilling opportunities for its people, while it denied offshoring jobs as per the FSU's claim. ($1 = 1.5328 Australian dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
