Wayfair Beats, Estee Lauder Outlook, Moderna: Trendtickers

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Now time for some of today's trend kickers. We watch Wayfair, Estee Lauder and Moderna. Wayfair initially rises after the results have exceeded expectations in the first quarter. The household goods dealer reported an adjusted result per share of 10 cents compared to an estimated loss per share of 20 cents. According to William Blair, the company should enable the company in Wall Street to ensure that the company's company should minimize the tariff effects and price increases in stock and price increases. Wayfair's CEO says that the company has a direct line of sight and a strong conviction about what it has to do for its customers and suppliers. Next expects Estee Lauder to return to sales growth next year, although he predicts a high decline in 2025 in 2025. The beauty brand sees the total annual turnover by 8 to 9%. The company says that its turnaround plans should lead to sales growth next year, provided that there are sensible resolutions and the recently issued tariffs to reduce potential negative effects, end the quote. Estee Lauder has to deal with weak demand in Asia and a decline in the market share in the USA. And finally Moderna falls after the announcement of large spending cuts when the company tries to slow down sales with the vaccine of COVID-19. The biotech company will reduce annual expenses by 1 and half a billion dollars, which has been announced significantly more than before. Some of the savings are from the company that delays an attempt for combo covid and flu shot. In the first quarter, the company reported a 35% drop in sales compared to the previous year. You can scan the following QR code to track the best and worst shares in the session with the “Trending Tickers” page from Yahoo Finance.