Category: Latest News
-
Palantir partners with Moder to build AI mortgage platform
Palantir Technologies Inc. (NASDAQ:PLTR) announced a collaboration with Moder to develop an artificial intelligence-driven platform designed to streamline mortgage operations, with Freedom Mortgage selected as the initial pilot customer. The platform is built using Palantir’s Ontology technology, which creates an AI framework capable of integrating with existing mortgage infrastructure. According to the companies, the system…
-
Lands’ End misses Q4 estimates, despite return to revenue growth
Lands’ End, Inc. (NASDAQ:LE) reported fourth-quarter results that came in below analyst expectations, with adjusted earnings per share of $0.76 missing the consensus forecast of $0.79 and revenue of $462.4 million falling short of the $472.24 million estimate. Shares declined about 1.7% in premarket trading following the release. The apparel retailer generated net revenue of…
-
Hilton signs exclusive deal with YOTEL to expand lifestyle hotel portfolio
Hilton (NYSE:HLT) announced an exclusive franchise agreement with YOTEL that will bring the design-focused hotel brand into Hilton’s global distribution network. Under the deal, YOTEL will become the first brand to join Hilton’s newly created Select by Hilton platform. The agreement allows YOTEL to continue operating independently while connecting its portfolio of 23 hotels across…
-
Signet Jewelers stock dips as FY27 guidance falls short of estimates
Signet Jewelers Limited (NYSE:SIG) reported fourth-quarter results that topped analyst expectations, but the company’s shares slipped about 2.25% after its fiscal 2027 outlook came in below Wall Street forecasts. The jewelry retailer posted adjusted earnings per share of $6.25 for the quarter ended January 31, 2026, exceeding the analyst consensus estimate of $5.93 by $0.32.…
-
Titan Machinery shares slip 5% after wider-than-expected Q4 loss
Titan Machinery Inc. (NASDAQ:TITN) reported a fourth-quarter loss that came in worse than analysts anticipated, sending the company’s shares down about 5.5% even though revenue exceeded expectations. The agricultural and construction equipment dealer posted an adjusted loss of $1.43 per share for the quarter, missing the consensus forecast of a $1.00 per share loss by…
-
Caleres posts mixed Q4 results, shares edge higher on revenue beat
Caleres Inc. (NYSE:CAL) reported mixed fourth-quarter results, posting an adjusted loss per share of -$0.36, in line with analyst expectations, while revenue of $695.1 million came in above the consensus estimate of $689.83 million. Shares rose about 1.3% following the release. The footwear company recorded a 8.7% year-over-year increase in fourth-quarter revenue, largely driven by…
-
Darden Restaurants meets EPS estimates, revenue misses
Darden Restaurants, Inc. (NYSE:DRI) reported third-quarter results that met profit expectations but came in slightly below revenue forecasts, with shares edging up about 0.1% after the announcement. The restaurant operator posted adjusted earnings per share of $2.95 for the quarter ended February 22, matching the analyst consensus estimate. Revenue totaled $3.3 billion, missing the projected…
-
Movado Group beats revenue but misses profit estimates in Q4 amid tariff pressures
Movado Group Inc. (NYSE:MOV) reported mixed fourth-quarter results, with revenue surpassing analyst forecasts while earnings fell short, as the watchmaker contended with tariff pressures and geopolitical uncertainty. Shares rose slightly, gaining about 0.47% following the announcement. The company posted adjusted earnings per share of $0.57 for the fourth quarter, below the analyst consensus estimate of…
-
Align Technology Shares Surge After Report of Elliott Investment Stake
Align Technology (NASDAQ:ALGN) shares climbed about 6.5% on Thursday after a Bloomberg report revealed that activist investor Elliott Investment Management has taken a sizable position in the dental technology company. According to people familiar with the matter cited by Bloomberg, Elliott’s investment makes it one of Align’s largest shareholders. The hedge fund is reportedly planning…
-
Yiren Digital Shares Slip After Q4 Loss and Dividend Suspension Amid Rising Credit Risk
Yiren Digital Ltd. (NYSE:YRD) reported a fourth-quarter loss and weaker-than-expected revenue, while announcing a temporary suspension of its dividend as the Chinese fintech firm responds to rising credit risks in the consumer lending market. Shares declined about 2% following the announcement. The company posted a loss of RMB10.07 per American Depositary Share in the fourth…