Category: Latest News
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Wingstop Shares Surge 15% After Q2 Earnings Beat, Expansion Forecast Raised
Wingstop Inc. (NASDAQ:WING) shares jumped 15% in premarket trading Wednesday after the fast-casual chicken chain reported second-quarter earnings ahead of expectations and raised its global expansion guidance for the year. Adjusted earnings per share reached $1.00, topping Wall Street’s forecast of $0.87. Revenue also edged past estimates, coming in at $174.3 million, compared to the…
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Option Care Health Tops Q2 Estimates with Strong Revenue Growth, Raises 2025 Outlook
Option Care Health, Inc. (NASDAQ:OPCH), the largest independent provider of home and alternate site infusion therapy in the U.S., reported second-quarter results that beat analyst expectations, supported by double-digit revenue growth across its service lines. For the quarter ended June, the company posted revenue of $1.42 billion, marking a 15.4% year-over-year increase and exceeding the…
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Steve Madden Tops Q2 Earnings Expectations But Falls Short on Revenue Amid Tariff Pressures
Steve Madden, Ltd. (NASDAQ:SHOO) delivered better-than-expected earnings for the second quarter, though its revenue came in below analyst forecasts as the footwear and accessories brand faced mounting pressure from newly imposed U.S. tariffs. The company reported adjusted earnings per share of $0.20, beating the $0.18 consensus estimate. Revenue rose 6.8% year-over-year to $559 million, missing…
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Fortive Shares Climb Nearly 3% After Q2 Earnings Hit Top of Guidance Range
Fortive Corporation (NYSE:FTV) saw its stock rise 2.95% in pre-market trading Wednesday, after the company posted second-quarter results that came in at the upper end of its guidance, even amid ongoing concerns around global trade and healthcare spending. The industrial technology firm reported adjusted earnings per share of $0.58, slightly below the $0.59 consensus but…
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Marvell Technology Shares Spike 10% on Microsoft AI Chip Opportunity
Shares of Marvell Technology (NASDAQ:MRVL) jumped 10% on Wednesday after analysts at Fubon Research pointed to a potentially lucrative collaboration with Microsoft (NASDAQ:MSFT) centered around next-generation AI chips. Fubon revealed that Microsoft has upgraded the design specs of its upcoming Maia300 chip—currently in development by Marvell—from 3nm with HBM3E to a more advanced 2nm architecture…
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Reynolds Consumer Products Tops Q2 Estimates, Maintains 2025 Guidance
Reynolds Consumer Products Inc. (NASDAQ:REYN) reported stronger-than-expected second-quarter earnings on Wednesday, as the household goods maker continued to navigate a tough market environment. Shares rose 0.70% in premarket trading after the announcement. For Q2, the company delivered adjusted earnings per share of $0.39, edging past the $0.38 consensus forecast. Revenue totaled $938 million, also exceeding…
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U.S. Private Sector Hiring Tops Forecasts in July, Says ADP
Private companies in the U.S. added more jobs than anticipated in July, according to data released Wednesday by payroll processing firm ADP. The report showed private sector employment increased by 104,000 jobs last month, rebounding from a revised loss of 23,000 jobs in June. The figures surpassed economists’ expectations, which called for a gain of…
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Dow Jones, S&P, Nasdaq, Wall Street Set for Cautious Start as Fed Decision and Big Tech Earnings Loom
Stock futures in the U.S. were little changed on Wednesday morning, pointing to a flat open as investors brace for a key Federal Reserve policy announcement and a batch of high-profile tech earnings later in the day. The lack of early momentum comes after a modest retreat in the prior session, with traders largely opting…
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Leonardo DRS surpasses Q2 forecasts and upgrades 2025 outlook
On Wednesday, Leonardo DRS, Inc. (NASDAQ:DRS) announced second-quarter results that outperformed analyst predictions, reporting adjusted earnings per share of $0.23 compared to the consensus estimate of $0.21, alongside revenue of $829 million, slightly above the anticipated $827.46 million. The defense technology company posted a 10% year-over-year increase in revenue for the quarter ending June 30,…
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Apple may raise iPhone 18 prices after strong Q2 demand, says Jefferies
Analysts at Jefferies suggest Apple could increase prices for the upcoming iPhone 18 models following robust second-quarter demand and rising costs. Jefferies noted about 22% year-over-year growth in equipment sales from major U.S. telecoms during Q2 2025—the highest in six quarters—attributed to a “pull-in” ahead of potential tariffs. This indicates that industry trackers like Counterpoint…