Category: Latest News
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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…
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MercadoLibre shares decline as heavy investment spending pressures quarterly profit
Shares of MercadoLibre (NASDAQ:MELI) moved lower in U.S. premarket trading, reversing earlier gains after the Latin American e-commerce leader reported a sharp drop in quarterly profit driven by increased investment in credit and logistics initiatives. The Uruguay-based company posted fourth-quarter earnings per share of $11.03, below the analyst consensus estimate of $11.65. Speaking to Reuters,…
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Clear Secure tops fourth-quarter forecasts as revenue growth drives results
Clear Secure, Inc. (NYSE:YOU) reported fourth-quarter results that exceeded analyst expectations, supported by solid revenue growth and improved profitability metrics. The secure identity company posted adjusted earnings per share of $0.31, surpassing the consensus estimate of $0.28 by $0.03. Revenue reached $240.8 million, beating forecasts of $235.86 million and increasing 16.7% year on year. Shares…
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LivaNova tops fourth-quarter forecasts on solid revenue growth
LivaNova PLC (NASDAQ:LIVN) reported fourth-quarter results that exceeded analyst expectations, driven by strong performance across its key business segments. The medical technology company posted adjusted earnings per share of $0.86, ahead of the consensus estimate of $0.81. Revenue totaled $360.9 million, beating forecasts of $353.23 million and rising 12.1% year on year, or 9.5% on…