Category: Latest News
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Kraft Heinz beats Q2 estimates and lifts 2026 outlook
Kraft Heinz (NASDAQ:KHC) traded slightly lower in pre-market trading on Wednesday despite reporting second-quarter results that exceeded market expectations and improving its full-year outlook. The food manufacturer posted earnings per share of $0.56, ahead of analysts’ forecast of $0.53. Revenue reached $6.26 billion, surpassing the consensus estimate of $6.11 billion. Organic sales remain under pressure…
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U.S. private hiring slows sharply as ADP jobs report misses forecasts
The latest ADP National Employment Report pointed to a marked slowdown in U.S. private-sector hiring, with employers adding just 44,000 jobs during the latest reporting period. The figure came in well below economists’ expectations of 68,000, signalling weaker momentum in the labour market. The softer reading also represented a notable decline from the previous month’s…
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U.S. stocks set for stronger open as market rally gathers pace: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to another positive start on Wednesday, with investors looking to extend the strong rally that has lifted the Dow Jones Industrial Average and the S&P 500 to fresh record highs in recent sessions. Market sentiment continues to be supported by easing energy prices and optimism that negotiations to reopen the Strait…
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Carlyle beats second-quarter expectations as earnings and revenue climb
The Carlyle Group (NASDAQ:CG) reported stronger-than-expected second-quarter 2026 results, exceeding Wall Street forecasts for both earnings and revenue. The global investment firm’s shares rose around 1.7% in pre-market trading following the announcement. The company posted after-tax distributable earnings of $1.07 per share, comfortably ahead of the analyst consensus estimate of $0.94. Total segment revenue reached…
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Circle shares climb after Q2 results, federal bank charter approval and higher guidance
Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook. The company also announced that BlackRock, Visa and Mastercard will serve as validators for its…
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Zimmer Biomet raises full-year outlook after second-quarter earnings beat
Zimmer Biomet Holdings (NYSE:ZBH) reported better-than-expected second-quarter results and increased its guidance for the full year, helping lift the medical technology company’s shares more than 4% in pre-market trading. The company posted adjusted earnings of $2.07 per share, exceeding the Wall Street consensus estimate of $2.01. Revenue rose 4.8% year over year to $2.18 billion,…
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Cencora raises full-year guidance after stronger-than-expected third-quarter results
Cencora (NYSE:COR) reported third-quarter results that exceeded Wall Street expectations, prompting the pharmaceutical services company to raise its full-year earnings guidance. The stronger performance helped lift the shares more than 3% in pre-market trading. For the quarter ended 30 June, the company posted adjusted earnings of $4.48 per share, beating the analyst consensus estimate of…
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Dynatrace shares jump after earnings beat and upbeat profit outlook
Dynatrace (NYSE:DT) shares climbed more than 7% in pre-market trading after the software company reported first-quarter fiscal 2027 results that topped Wall Street expectations, supported by continued demand for its AI-powered observability platform. The company posted adjusted earnings of $0.48 per share, beating the analyst consensus estimate of $0.44. Revenue increased 16% year over year…
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CDW shares fall despite second-quarter earnings and revenue beat
CDW Corporation (NASDAQ:CDW) reported second-quarter results that exceeded Wall Street expectations for both earnings and revenue, but shares dropped more than 8% in pre-market trading as investors focused on weaker margins and higher restructuring costs. The technology solutions provider posted adjusted earnings of $2.91 per share, ahead of the analyst consensus estimate of $2.79. Revenue…
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Capri Holdings beats first-quarter forecasts but lowers revenue guidance
Capri Holdings (NYSE:CPRI) reported stronger-than-expected first-quarter fiscal 2027 results, surpassing Wall Street forecasts for both earnings and revenue. However, the luxury fashion group reduced its full-year revenue outlook, sending shares modestly lower after the announcement. The company posted adjusted earnings of $0.67 per share, comfortably ahead of the analyst consensus estimate of $0.39. Revenue totalled…