Category: Latest News

  • Hims & Hers Expands to Europe with ZAVA Acquisition, Shares Jump

    Hims & Hers Expands to Europe with ZAVA Acquisition, Shares Jump

    Hims & Hers Health Inc. (NYSE:HIMS) saw its stock climb 5.8% in premarket trading Tuesday after revealing plans to acquire ZAVA, a leading European telehealth company. The all-cash transaction, expected to close in the second half of 2025, will enable the U.S.-based digital health firm to expand into Germany, France, Ireland, and strengthen its footprint…

  • Dow Jones, S&P, Nasdaq, Futures Pointing To Roughly Flat Open On Wall Street

    Dow Jones, S&P, Nasdaq, Futures Pointing To Roughly Flat Open On Wall Street

    The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after recovering from initial weakness to end the previous session mostly higher. Traders may be reluctant to make significant moves as they await further…

  • StanChart Warns of Liquidation Risk if Bitcoin Falls 22% Below Treasury Cost

    StanChart Warns of Liquidation Risk if Bitcoin Falls 22% Below Treasury Cost

    An increasing number of publicly traded companies have added Bitcoin (COIN:BTCUSD) to their balance sheets, but Standard Chartered is cautioning that volatility in the cryptocurrency’s price could soon trigger forced liquidations if market conditions worsen. In a report released Tuesday, Geoff Kendrick, the bank’s lead digital assets analyst, points to a critical threshold: a 22%…

  • Joby Aviation Shares Jump After Saudi Distribution Partnership Announcement

    Joby Aviation Shares Jump After Saudi Distribution Partnership Announcement

    Joby Aviation, Inc. (NYSE:JOBY) saw its stock rise by 8% following news of a Memorandum of Understanding (MoU) signed with Abdul Latif Jameel to explore opportunities for Joby’s electric aircraft in Saudi Arabia. Valued at approximately $1 billion, the agreement could result in the delivery of up to 200 electric aircraft along with associated services…

  • Wells Fargo Says Dell’s Stock Drop Overreaction Amid Federal Tech Spending Review

    Wells Fargo Says Dell’s Stock Drop Overreaction Amid Federal Tech Spending Review

    Shares of Dell Technologies (NYSE:DELL) fell following reports that the U.S. General Services Administration (GSA) is reassessing federal technology expenditures and reaching out to vendors about possible cost reductions. However, Wells Fargo analysts argue that the market reaction is “overblown.” “Dell shares came under pressure today following reports that the Federal government (GSA) has contacted…

  • Dollar General Raises Outlook Following Strong Q1 Sales Performance

    Dollar General Raises Outlook Following Strong Q1 Sales Performance

    Dollar General (NYSE:DG) reported first-quarter net sales and earnings that exceeded Wall Street expectations, prompting the discount retailer to raise its full-year financial guidance despite ongoing uncertainties surrounding the impact of U.S. tariffs. Like many in the retail sector, Dollar General had initially taken a cautious stance on the coming months as companies try to…

  • Signet Jewelers Shares Rise Following Earnings Beat and Upgraded Guidance

    Signet Jewelers Shares Rise Following Earnings Beat and Upgraded Guidance

    Signet Jewelers (NYSE:SIG) saw its stock climb 7.9% in premarket trading on Tuesday after reporting first-quarter fiscal 2026 earnings that exceeded analyst expectations and raising its full-year outlook. The company posted adjusted earnings per share of $1.18, beating the analyst consensus of $1.03. Quarterly revenue reached $1.5 billion, slightly below the $1.52 billion forecast but…

  • Ferguson Shares Jump 6% Following Strong Q3 Earnings and Raised Guidance

    Ferguson Shares Jump 6% Following Strong Q3 Earnings and Raised Guidance

    Ferguson plc (NYSE:FERG) reported third-quarter results on Tuesday that surpassed expectations, prompting the company to lift its full-year forecast. The distributor of plumbing and heating products saw its shares climb 6.15% in pre-market trading after the announcement. For the quarter ending April 30, Ferguson delivered adjusted earnings per share of $2.50, outperforming analyst predictions of…

  • Constellation Energy Soars as Meta Commits to 20-Year Nuclear Power Deal

    Constellation Energy Soars as Meta Commits to 20-Year Nuclear Power Deal

    Constellation Energy Corp (NASDAQ:CEG) saw its shares surge over 14% in premarket trading on Tuesday after inking a major clean energy agreement with tech giant Meta Platforms Inc (NASDAQ:META). Under the terms of the newly announced 20-year pact, Meta will begin purchasing approximately 1.1 gigawatts of nuclear energy from Constellation’s Clinton Clean Energy Center in…

  • Donaldson Tops Q3 Estimates, Boosts Full-Year Earnings Forecast

    Donaldson Tops Q3 Estimates, Boosts Full-Year Earnings Forecast

    Donaldson Company, Inc. (NYSE:DCI), a global manufacturer of filtration solutions, delivered better-than-expected results for its fiscal third quarter on Tuesday and revised its earnings outlook upward for the full year. Still, shares edged 0.4% lower in premarket trading despite the upbeat report. The company reported adjusted earnings of $0.99 per share, exceeding Wall Street’s consensus…