Category: Latest News
-
Walmart Shares Slip After Oppenheimer Downgrades Stock Ahead of Earnings
Walmart (NYSE:WMT) shares moved lower in U.S. pre-market trading after Oppenheimer downgraded the retail giant to “Perform” from “Outperform,” citing a less attractive near-term outlook ahead of the company’s earnings release on August 20. The brokerage also withdrew its previous $140 price target, and Walmart shares fell 1.4% by 08:22 ET (12:22 GMT). Oppenheimer Sees…
-
Cannabix Technologies Targets Combat Sports with Marijuana Breath Test
Cannabix Technologies (CSE:BLO) (USOTC:BLOZF) has taken another step in the commercialisation of its Marijuana Breath Test (MBT), announcing a strategic move into the combat sports market through its participation at the Association of Boxing Commissions (ABC) 38th Annual Conference. The development highlights the company’s growing focus on real-world deployment in safety-critical industries where rapid, objective…
-
IMAX Sets All-Time Monthly Box Office Record as The Odyssey Drives Historic Growth
IMAX Corporation (NYSE:IMAX) delivered the strongest month in its 50-plus-year history during July, generating $257 million in global box office revenue, a figure that exceeded its previous monthly record by 47%. Driving the historic performance was Christopher Nolan’s The Odyssey, which has already earned $221 million through IMAX theatres worldwide. The epic adventure remained a…
-
U.S. Trade Deficit Shrinks but Falls Slightly Short of Expectations
The U.S. trade deficit narrowed in the latest reporting period, although the improvement was slightly smaller than economists had anticipated. The latest figures showed the trade balance at -$73.30 billion, reflecting that the United States continued to import more goods and services than it exported. Deficit Misses Market Forecast Economists had expected the trade deficit…
-
U.S. Futures Signal Another Positive Session for Wall Street: Dow Jones, S&P, Nasdaq
U.S. stock index futures traded higher on Tuesday, indicating Wall Street could build on the strong gains recorded over the past several trading sessions. Technology stocks looked set to lead the advance, with Nasdaq 100 futures climbing 1.1% ahead of the opening bell. Palantir Leads Premarket Gains Palantir (NASDAQ:PLTR) surged more than 15% in pre-market…
-
Snap Shares Jump as Advertising Growth Lifts Quarterly Results
Snap (NYSE:SNAP) shares surged more than 8% in U.S. pre-market trading after the social media company reported second-quarter 2026 revenue ahead of Wall Street expectations and issued an upbeat sales outlook for the current quarter. The stronger performance was driven by solid advertising growth, improving user engagement and continued progress on cost reduction initiatives. Revenue…
-
Ball Corporation Beats Second-Quarter Expectations as Packaging Volumes Increase
Ball Corporation (NYSE:BALL) reported second-quarter 2026 results that exceeded Wall Street expectations, supported by higher global aluminium packaging volumes and improving operating performance. Despite the stronger financial results, the company’s shares slipped 0.5% in pre-market trading following the earnings announcement. Earnings and Revenue Come in Ahead of Forecasts Ball reported adjusted earnings of $1.03 per…
-
Qnity Electronics Shares Jump After Earnings Beat and Higher Full-Year Forecast
Qnity Electronics, Inc. (NYSE:Q) reported second-quarter 2026 results that comfortably surpassed Wall Street expectations and raised its financial guidance for the full year, sending the company’s shares 10.4% higher. The rally was driven by stronger-than-expected earnings and an improved outlook that exceeded analyst forecasts. Earnings and Revenue Outperform Expectations Qnity posted adjusted earnings of $1.19…
-
Gartner Shares Jump After Strong Second-Quarter Performance and Higher Guidance
Gartner Inc. (NYSE:IT) reported better-than-expected second-quarter 2026 results, prompting the research and advisory company to raise several key financial forecasts for the full year. The stronger performance sent Gartner shares 7.5% higher following the earnings announcement. Earnings Exceed Expectations Gartner reported adjusted earnings of $4.37 per share for the second quarter, representing a 23.8% increase…
-
Spotify Shares Slide After Second-Quarter Earnings Miss
Spotify Technology SA (NYSE:SPOT) shares fell around 6% in pre-market trading after the music streaming platform reported second-quarter 2026 results that missed Wall Street expectations, despite continued growth in subscribers and record gross margins. While the company delivered solid user growth and issued stronger-than-expected revenue guidance for the current quarter, weaker earnings weighed on investor…