Category: Latest News

Shares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the company’s stronger-than-expected earnings and revenue fueled by ongoing demand for AI technologies. The company reported earnings per share of $2.80, beating analyst forecasts of $2.65, supported by a 320-basis point improvement in operating margin. Revenue reached…

American Eagle (NYSE:AEO) saw its shares soar 14.6% in premarket trading on Thursday, building on gains from Wednesday after the clothing brand unveiled a new campaign starring actress Sydney Sweeney. The stock initially climbed 6.2% during Wednesday’s regular session when the campaign news broke. The upward momentum accelerated in after-hours trading and carried into Thursday…

Shares of Chipotle Mexican Grill (NYSE:CMG) fell more than 10% on Thursday following the company’s decision to cut its full-year sales outlook amid growing concerns over economic uncertainty that could dampen consumer spending. The introduction of broad U.S. tariffs has raised worries about faster inflation and slower economic growth, prompting some customers to rethink spending…

T-Mobile US Inc (NASDAQ:TMUS) reported a standout second quarter, surpassing Wall Street’s forecasts for both earnings and revenue while raising its outlook for the full year. This strong performance pushed the stock up over 5% in premarket trading Thursday. The Bellevue-based telecom giant posted adjusted earnings per share of $2.84, outpacing the consensus estimate of…

Alphabet (NASDAQ:GOOGL) saw its shares climb over 2% in early U.S. trading on Thursday following stronger-than-expected second-quarter earnings and an upward revision of its capital expenditure forecast for 2025. The parent company of Google reported earnings per share of $2.31, surpassing analyst predictions of $2.17. Quarterly revenue hit $96.43 billion, well above the consensus estimate…

Tesla (NASDAQ:TSLA) shares tumbled over 5% in early U.S. trading on Thursday following CEO Elon Musk’s cautionary remarks about challenging times ahead for the electric vehicle maker amid softening demand and diminishing government incentives. The company is struggling with a notable drop in vehicle deliveries, compounded by the looming expiration of a federal tax credit…

Oil prices climbed slightly in Asian trading on Thursday, supported by data revealing a sharp decline in U.S. crude stockpiles. Meanwhile, investors stayed watchful as trade negotiations advance ahead of President Donald Trump’s upcoming tariff deadline. At 22:18 ET (02:18 GMT), September Brent futures increased by 0.3% to $68.69 per barrel, while West Texas Intermediate…

Gold prices slipped further during Asian trading on Thursday, continuing the downward trend from earlier this week. The momentum came as a fresh U.S.-Japan trade agreement and upbeat tech earnings lifted investor confidence, reducing the traditional appeal of gold as a safe asset. After reaching a one-month peak earlier this week, gold surrendered much of…

The U.S. dollar inched up modestly on Thursday but stayed close to recent lows, while the euro softened in anticipation of the European Central Bank’s upcoming decision. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the currency against a basket of six major peers, added 0.1% to 97.002, remaining near a two-week trough.…