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The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Dolby Laboratories (NYSE:DLB) just gave investors a reason to smile. The stock shot up 14.5% today after a surprising Q4 earnings beat. Analysts were betting on $0.70 per share in non-GAAP earnings, but Dolby flexed with $0.81 instead
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+16.41% closed: 2024-11-22Dolby Laboratories (NYSE:DLB) just gave investors a reason to smile. The stock shot up 14.5% today after a surprising Q4 earnings beat. Analysts were betting on $0.70 per share in non-GAAP earnings, but Dolby flexed with $0.81 instead