Category: Latest News
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Oddity shares plunge after advertising disruption drives spike in acquisition costs
Oddity Tech (NASDAQ:ODD) shares tumbled on Wednesday after the company disclosed a sudden issue involving its largest advertising partner, which has sharply increased customer acquisition costs (CAC) and is expected to weigh heavily on near-term revenue. The stock dropped more than 36% in premarket trading by 07:33 ET following the announcement. According to the company,…
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Hayward tops Q4 expectations as demand and pricing support growth
Hayward Holdings, Inc. (NYSE:HAYW) reported fourth-quarter results that came in ahead of analyst forecasts, supported by steady demand and pricing gains, though shares were little changed in after-hours trading following the announcement. The pool equipment manufacturer posted adjusted earnings per share of $0.29, slightly above the consensus estimate of $0.28. Quarterly revenue reached $349.4 million,…
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Alkermes shares rise after revenue beat and upbeat outlook offsets earnings miss
Alkermes plc (NASDAQ:ALKS) reported fourth-quarter results on Wednesday that surpassed revenue expectations but fell short on earnings, with shares climbing more than 3% in after-hours trading as investors focused on sales momentum and forward guidance. The biopharmaceutical company generated quarterly revenue of $384.5 million, slightly ahead of the consensus estimate of $383.07 million. Adjusted earnings…
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Bloomin’ Brands shares edge higher after Q4 profit beat despite revenue miss
Bloomin’ Brands, Inc. (NASDAQ:BLMN) reported fourth-quarter results on Wednesday that topped earnings expectations but came in slightly below revenue forecasts, sending shares modestly higher in after-hours trading. The casual dining operator posted adjusted earnings per share of $0.26, exceeding the analyst consensus estimate of $0.24. Following the announcement, the company’s shares gained 2.21% in extended…
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GoDaddy shares slide after soft 2026 revenue outlook disappoints investors
GoDaddy (NYSE:GDDY) shares dropped about 9% after the company issued fiscal 2026 revenue guidance that fell short of market expectations, weighing on investor sentiment. The web infrastructure provider forecast total revenue for fiscal 2026 in a range of $5.19 billion to $5.28 billion. Analysts at Barclays said the outlook implies growth slowing to below 7%,…
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Lumen Technologies shares jump after unveiling long-term growth strategy
Lumen Technologies (NYSE:LUMN) shares climbed about 9% on Wednesday morning after the company declared its turnaround phase finished and presented a multi-year expansion strategy during its 2026 Investor Day. The telecom group revealed plans to significantly scale its fiber footprint, targeting roughly 58 million fiber miles by 2031 compared with 17 million intercity fiber miles…
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Dine Brands shares slip despite Q4 earnings beat as revenue misses expectations
Dine Brands Global (NYSE:DIN), the parent company of Applebee’s, IHOP and Fuzzy’s Taco Shop, reported fourth-quarter results that topped earnings forecasts but fell short on revenue, sending shares lower in after-hours trading. The company posted adjusted earnings per share of $1.46, comfortably exceeding analyst expectations of $1.07 by $0.39. Revenue came in at $217.6 million,…
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Steve Madden shares slip despite Q4 earnings beat supported by Kurt Geiger acquisition
Steven Madden, Ltd. (NASDAQ:SHOO) reported fourth-quarter results on Wednesday that topped analyst expectations, helped by stronger performance in its core footwear operations and added revenue from the recently acquired Kurt Geiger brand. Despite the earnings beat, shares declined 2.30% in pre-market trading following the release. The company delivered adjusted earnings per share of $0.48, narrowly…
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Tech stocks poised to support further gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a higher open on Wednesday, suggesting equities could build on the strong advances recorded in the previous trading session. Momentum may continue to be driven by the technology sector, as investors grow increasingly optimistic ahead of earnings from AI chip leader Nvidia (NASDAQ:NVDA). Nvidia, scheduled to report fourth-quarter results…
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From “Pet Rock” to Productive Asset: How GLDY is Modernizing Gold Ownership
For decades, the standard critique of gold from Wall Street has been simple: it’s a “pet rock.” It looks nice, it holds value over time, but it sits in a vault doing absolutely nothing. Unlike stocks that pay dividends or bonds that offer coupons, gold has traditionally been a non-yielding asset that actually costs money…