Category: Latest News
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Expedia (EXPE) shares slide despite earnings beat as outlook disappoints
Expedia Inc (NASDAQ:EXPE) reported first-quarter results that topped Wall Street expectations, but the online travel company saw its shares fall roughly 9% in premarket trading Friday after investors reacted negatively to weaker-than-expected revenue and bookings guidance. The company posted adjusted earnings per share of $1.96, surpassing analyst forecasts of $1.39 by $0.57. Revenue reached $3.43…
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CoreWeave (CRWV) shares decline after softer guidance and higher spending plans
CoreWeave (NASDAQ:CRWV) reported mixed first-quarter results on Thursday as surging demand for artificial intelligence infrastructure drove strong revenue growth, although losses widened significantly due to aggressive expansion spending. The company also increased its capital expenditure outlook for the year, while issuing second-quarter revenue guidance that came in below Wall Street expectations. Shares of CoreWeave were…
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Trade Desk (TTD) shares tumble after earnings miss and weaker outlook
Shares of The Trade Desk (NASDAQ:TTD) plunged more than 14% in premarket trading on Friday after the advertising technology company reported quarterly earnings below Wall Street expectations and issued weaker-than-anticipated guidance for the current quarter. For the first quarter, The Trade Desk posted adjusted earnings per share of $0.28, missing analyst forecasts of $0.32 per…
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Oil prices rebound as U.S.-Iran fighting resumes
Oil markets moved higher on Friday after fresh clashes erupted between the United States and Iran, raising fears over the stability of the fragile ceasefire and undermining expectations for progress toward reopening the Strait of Hormuz, a critical route for global oil and liquefied natural gas shipments. Brent crude futures gained 67 cents, or 0.67%,…
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Gold heads for weekly advance as markets monitor Iran tensions and U.S. jobs data
Gold prices moved modestly higher on Friday and remained on track for a weekly gain as investors weighed hopes for a potential peace agreement between the United States and Iran against ongoing concerns surrounding the fragile ceasefire. Traders also stayed cautious ahead of the release of key U.S. labor market figures later in the day.…
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Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
Global markets traded unevenly on Friday as renewed clashes between U.S. and Iranian forces near the Strait of Hormuz weighed on investor sentiment and pressured equities worldwide. “Markets still aren’t pricing in the worst-case scenario,” Deutsche Bank strategists led by Henry Allen wrote in their morning note to clients. Investors were also monitoring preparations for…
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Stocks Retreat From Records as Oil Rebounds
U.S. stocks pulled back on Thursday after a strong run to all-time highs earlier in the week. The retreat came as oil prices bounced off session lows and investors grew cautious awaiting Iran’s response to a U.S. peace proposal aimed at reopening the Strait of Hormuz. After several sessions of gains fueled by blockbuster tech…
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AI-Driven Commerce Momentum Lifts Commerce.com (CMRC) Results as Profitability Improves
Commerce.com reported higher revenue, stronger cash flow, and improved profitability as the company expands its AI-driven commerce ecosystem and payments strategy. Key Investor Takeaways Why CMRC Stock Is in Focus Commerce.com (NASDAQ:CMRC) reported first-quarter 2026 revenue of $86.8 million, up 5% year over year, while annual recurring revenue reached $359.8 million. The company also showed…
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NewBeauty Award Win Keeps Attention on Apyx Medical’s Renuvion Growth Strategy
Apyx Medical highlighted another industry recognition for Renuvion as the company continues expanding its minimally invasive body contouring platform. Key Investor Takeaways Why APYX Stock Is in Focus Apyx Medical (NASDAQ:APYX) announced that its Renuvion platform won the 2026 NewBeauty Award in the “Best Minimally Invasive Skin Tightener” category for the second consecutive year. The…
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Record Backlog and Raised 2026 Guidance Put AAON’s Data Center Growth Story in Focus
AAON lifted its full-year outlook after reporting record quarterly sales and a backlog surge tied to continued demand for data center cooling equipment. Key Investor Takeaways Why AAON Stock Is in Focus AAON (NASDAQ:AAON) posted record first-quarter revenue and raised its full-year guidance as demand tied to data center cooling systems continued to accelerate. Net…