ADVFN US – Market Content Editor
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Stocks Target Flat Open Ahead of Fed Chair Warsh’s Jackson Hole Speech: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction after ending the previous session mostly higher. Traders may be reluctant to make significant moves ahead of Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole economic symposium…
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Fed Chair Warsh Jackson Hole Speech Preview: What to Expect Alongside Key August Data
MNI Indicators is due to release its report on Chicago-area business activity in the month of August at 9:45 am ET. The Chicago business barometer is expected to rise to 59.0 in August from 57.6 in July, with a reading above 50 indicating growth. At 10 am ET, Federal Reserve Chairman Kevin Warsh is scheduled…
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Take-Two shares rise after Rockstar Games releases extended GTA VI preview
Take-Two Interactive Software Inc. (NASDAQ:TTWO) shares rose 2.3% in pre-market trading after Rockstar Games premiered “Grand Theft Auto VI: An Extended Look” on Netflix on the evening of August 27. Rockstar also reaffirmed the November 19, 2026 launch date for Grand Theft Auto VI alongside the showcase. The release followed the circulation of unauthorised GTA…
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Gap shares rise after Q2 earnings beat and higher full-year guidance
Gap Inc (NYSE:GAP) shares rose more than 13% in pre-market trading on Friday after the retailer reported second-quarter adjusted earnings above analyst expectations and raised its full-year earnings guidance. Adjusted earnings per share came in at $0.52, exceeding the analyst consensus of $0.49 by $0.03. Quarterly revenue was $3.7 billion, matching the consensus estimate but…
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Rubrik raises fiscal 2027 outlook after revenue increases 38%
Rubrik (NYSE:RBRK) raised its full-year revenue and adjusted earnings outlook after reporting a 38% increase in second-quarter revenue and moving to an adjusted profit. Revenue reached $427.3 million for the quarter ended July 31, up from $309.9 million in the same period a year earlier. Adjusted diluted earnings per share increased to $0.20 from an…
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Ulta Beauty beats Q2 estimates and raises fiscal 2026 guidance
Ulta Beauty Inc (NASDAQ:ULTA) reported second-quarter earnings and revenue above analyst expectations, while the beauty retailer also raised its fiscal 2026 guidance. The company posted adjusted earnings per share of $6.55, exceeding the analyst consensus of $6.17 by $0.38. Revenue increased 8.9% to $3.04 billion from $2.79 billion in the prior-year quarter, ahead of the…
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Autodesk shares fall as fiscal 2027 earnings guidance trails expectations despite Q2 beat
Autodesk Inc (NASDAQ:ADSK) shares fell more than 4% in pre-market trading on Friday after the design software company reported second-quarter results above analyst expectations but issued fiscal 2027 adjusted earnings guidance that came in slightly below consensus at the midpoint. For the quarter ended July 31, Autodesk reported adjusted earnings per share of $3.30, exceeding…
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Workday beats quarterly estimates as subscription revenue outlook broadly matches forecasts
Workday (NASDAQ:WDAY) reported quarterly revenue and adjusted earnings above analyst expectations while providing a third-quarter subscription revenue forecast broadly in line with consensus estimates. The company’s shares initially declined in extended trading following the results before reversing direction to trade slightly higher. Third-quarter subscription revenue forecast at $2.515 billion For the third quarter, Workday forecast…
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Marvell Technology shares fall despite Q2 earnings beat and higher revenue outlook
Marvell Technology (NASDAQ:MRVL) shares fell 7.9% in pre-market trading after the chipmaker reported fiscal second-quarter results that exceeded revenue and earnings expectations and raised its full-year outlook. The company reported Q2 FY2027 revenue of $2.739 billion, representing a 37% increase from the previous year, while non-GAAP earnings per share reached $0.94. Both figures were above…
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Lucid recalls more than 27,000 Air sedans over potential fire risk
Lucid Group (NASDAQ:LCID) is recalling 27,185 Air luxury electric sedans in the United States because of a potential fire hazard, according to an announcement from the National Highway Traffic Safety Administration on Friday. Exterior lighting circuit could overheat The recall covers vehicles in which an exterior lighting circuit could overheat, increasing the risk of a…