Category: Latest News

Shares of Bakkt Holdings Inc. (NYSE:BKKT) plummeted 39% after the digital asset firm announced pricing for a public stock offering that significantly undercut its previous market value. The offering, priced at $10 per share, is well below Monday’s closing price of $17.17. Bakkt is issuing 6,753,627 shares of Class A common stock along with pre-funded…

Johnson Controls International plc (NYSE:JCI) posted adjusted earnings for its fiscal third quarter that narrowly surpassed analyst expectations, though shares slipped 2.26% in pre-market trading on Tuesday as investors weighed regional inconsistencies in performance. The smart building technology firm reported adjusted earnings per share of $1.05, topping the consensus estimate of $1.01. Revenue came in…

PJT Partners Inc. (NYSE:PJT) delivered strong second-quarter results on Tuesday, surpassing analyst expectations and setting a new revenue record, fueled by robust growth in its strategic advisory business. The firm reported adjusted earnings of $1.54 per share for the quarter, beating the consensus estimate of $1.36. Revenue climbed to $406.9 million, outpacing forecasts of $379.17…

Herc Holdings Inc. (NYSE:HRI) posted stronger-than-expected revenue in the second quarter of 2025, supported by its recent acquisition of H&E Equipment Services. However, the company’s earnings lagged behind analyst projections, and shares moved up slightly—rising 0.55% in after-hours trading following the results. Total revenue for the quarter reached $1 billion, significantly exceeding the consensus estimate…

Royal Caribbean Group (NYSE:RCL) saw its shares fall more than 4% on Tuesday after releasing second-quarter results that topped profit forecasts but came in just short on revenue, tempering investor enthusiasm despite strong operational momentum. The cruise company reported adjusted earnings per share of $4.38, outpacing the $4.08 average analyst estimate. However, quarterly revenue came…

Eagle Materials Inc. (NYSE:EXP) delivered stronger-than-expected financial results for the first quarter of fiscal 2026, reporting record revenue of $634.7 million. The figure beat analyst projections of $610.96 million and represented a 4% year-over-year increase. Adjusted earnings per share came in at $3.76, just above the consensus estimate of $3.73, though slightly below last year’s…

Cadence Design Systems (NASDAQ:CDNS) saw its shares climb 6% in premarket U.S. trading on Tuesday after the chip design firm raised its full-year guidance and reported stronger-than-expected second-quarter earnings. For the quarter ending June 30, Cadence reported earnings per share of $1.65 on revenue of $1.28 billion. That beat analyst expectations, which had forecast EPS…

Polaris Inc. (NYSE:PII) saw its stock climb 2.51% in pre-market trading on Tuesday after reporting second-quarter revenue that came in ahead of Wall Street expectations. The Minnesota-based powersports manufacturer posted revenue of $1.85 billion for the quarter ending in June 2025, outperforming the consensus forecast of $1.71 billion. The result highlights continued strong demand for…

Gold prices edged up on Tuesday, rebounding from near three-week lows as easing global trade tensions softened demand for the precious metal ahead of an important U.S. Federal Reserve policy meeting. At 04:50 ET (08:50 GMT), spot gold rose 0.4% to $3,327.10 an ounce, with gold futures matching the gain, trading at $3,381.00 per ounce.…

Nomura Holdings (NYSE:NMR) revealed on Tuesday a 52% rise in net profit for the first quarter, supported by strong results in trading and investment banking despite ongoing volatility in global markets. The leading Japanese investment bank and brokerage recorded earnings of 104.6 billion yen ($705.71 million) for the April to June period, up from 68.9…