ADVFN US – Market Content Editor
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National Vision shares climb after profit tops expectations despite slight revenue shortfall (EYE)
Shares of National Vision Holdings (NASDAQ:EYE) rose 5.3% in premarket trading on Wednesday after the company reported first-quarter earnings that exceeded analyst forecasts, even though revenue came in slightly below expectations. Investors appeared encouraged by improved profitability and stronger operating margins during the quarter. Earnings beat estimates as profitability improves National Vision posted adjusted earnings…
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Boyd Group reports first-quarter revenue and earnings below expectations (BGSI)
Boyd Group Services (NYSE:BGSI) released first-quarter results on Wednesday that came in below Wall Street forecasts, although the company continued to post record adjusted EBITDA and expanded its operating footprint significantly through acquisitions. The stock was little changed in after-hours trading following the earnings release, edging up just 0.02%. Earnings and revenue miss analyst forecasts…
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Alibaba shares retreat after quarterly revenue falls short of forecasts despite cloud and AI momentum (BABA)
Shares of Alibaba Group (NYSE:BABA) moved lower in U.S. premarket trading on Wednesday after the company posted quarterly revenue that came in slightly below analyst expectations, even as its cloud computing and artificial intelligence operations continued to deliver strong growth. Alibaba reported revenue of 243.4 billion yuan for the quarter ended March 31, representing a…
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Birkenstock slides in premarket trading after quarterly profit misses forecasts (BIRK)
Shares of Birkenstock (NYSE:BIRK) dropped more than 11% in premarket trading on Wednesday after the footwear group reported second-quarter profit figures that fell short of analyst expectations despite continued revenue growth. Earnings and margins come in below expectations Birkenstock posted second-quarter operating profit of €155.5 million, down 11% from the same period last year and…
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Wix.com posts first-quarter revenue in line with expectations (WIX)
Wix.com (NASDAQ:WIX) reported first-quarter revenue that broadly matched analyst expectations, as continued growth in subscriptions and platform activity supported double-digit year-on-year gains. The company generated revenue of $541.2 million during the quarter, compared with the average analyst estimate of $543.9 million. Revenue increased 14% from the same period last year. Margins soften while bookings narrowly…
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Nvidia rises after Trump says Huang joined China delegation (NVDA)
Shares of Nvidia (NASDAQ:NVDA) moved higher in premarket trading on Wednesday after U.S. President Donald Trump confirmed that Nvidia chief executive Jensen Huang was accompanying him on his trip to China, pushing back against earlier media reports suggesting the chipmaker executive had not been included in the delegation. “Jensen is currently on Air Force One,”…
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Oil prices retreat as fragile Iran truce and Trump-Xi meeting remain in focus
Oil prices moved lower on Wednesday, ending a three-session rally as traders assessed uncertainty surrounding the fragile ceasefire situation in the Middle East and awaited upcoming talks in China between U.S. President Donald Trump and Chinese President Xi Jinping. Brent crude futures declined by $1.47, or 1.4%, to $106.30 per barrel by 0630 GMT. U.S.…
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Gold trades sideways as Iran ceasefire optimism fades ahead of Trump-Xi meeting
Gold prices were little changed during Asian trading on Wednesday, with bullion remaining stuck in a narrow range as investors adopted a cautious stance amid weakening hopes for a peace agreement between the United States and Iran and ahead of talks between Donald Trump and Chinese President Xi Jinping. Spot gold slipped 0.1% to $4,712.27…
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Trump’s China visit, inflation concerns and Cisco earnings dominate market focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures traded near unchanged levels on Wednesday as investors monitored President Donald Trump’s upcoming trip to China and prepared for another round of corporate earnings and economic developments. Trump is expected to hold talks with Chinese President Xi Jinping this week, with discussions likely to cover trade, Taiwan and the ongoing conflict…
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Globex signs option agreement on RAMP/Maude Lake gold property
Globex Mining Enterprises (USOTC:GLBXF) has announced it has signed an option agreement with private company 1001565486 Ontario Inc. covering Globex’s RAMP/Maude Lake gold property in northeastern Ontario, southeast of the Timmins mining district. Under the terms of the agreement outlined in a media release, Ontario Inc. may earn a 100 per cent interest in the property through a combination…