Category: Latest News
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Expected to Trade Cautiously Ahead of Inflation Data
U.S. stock futures point to a largely flat start on Tuesday, with markets likely to show limited momentum after posting modest gains in the previous session. Investors are holding back ahead of key inflation readings set to come later this week, which could influence Federal Reserve interest rate decisions. The Labor Department will release the…
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Core & Main shares plunge after Q2 miss and lowered annual guidance
Shares of Core & Main (NYSE:CNM) dropped sharply in premarket trading Tuesday following the company’s announcement of fiscal second-quarter results that fell short of market expectations, along with a reduced outlook for the full year. The water infrastructure firm reported earnings per share (EPS) of $0.70 for Q2, below Wall Street’s anticipated $0.79. Revenue rose…
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Caliber shares surge after first Chainlink token acquisition
Caliber (NASDAQ:CWD) stock jumped 130% following the company’s announcement that it completed its inaugural purchase of Chainlink (LINK) tokens as part of its Digital Asset Treasury (DAT) Strategy. The real estate and digital asset management firm described the transaction as a “system test,” marking the launch of its plan to gradually accumulate LINK tokens over…
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Mixed Martial Arts Group stock skyrockets as Donald Trump Jr. named Strategic Advisor
Shares of Mixed Martial Arts Group Limited (AMEX:MMA) soared 200% after the company announced that Donald Trump Jr. has been appointed as a Strategic Advisor. MMA.INC, the combat sports technology firm, said Trump Jr. will work with its board and management, focusing on expanding the brand’s global visibility and driving the rollout of its sports…
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SailPoint shares fall as Q3 outlook disappoints despite strong Q2 beat
SailPoint, Inc. (NASDAQ:SAIL) reported second-quarter results ahead of Wall Street expectations, but the stock slid 6.2% after the company issued third-quarter revenue guidance that missed consensus forecasts. The identity security company delivered adjusted earnings of $0.07 per share, topping analyst estimates of $0.04. Revenue came in at $264 million, well above the $243.48 million forecast…
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UnitedHealth stock climbs on strong Medicare Advantage ratings outlook
UnitedHealth Group (NYSE:UNH) rose 4% in premarket trading Tuesday after the healthcare giant reaffirmed its 2025 earnings guidance and shared positive early results from its Medicare Advantage star ratings. In an SEC filing, the company projected that by 2027 around 78% of its Medicare Advantage members will be enrolled in plans rated four stars or…
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Korn Ferry stock rallies after first-quarter results top forecasts
Korn Ferry (NYSE:KFY) shares climbed 7.5% after the global consulting firm reported stronger-than-expected fiscal first-quarter earnings and issued upbeat guidance for the current quarter. Adjusted earnings per share came in at $1.31, ahead of Wall Street’s consensus of $1.24. Revenue reached $708.6 million, a 5% year-over-year increase and well above expectations of $687.04 million. Growth…
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Bioceres Crop Solutions falls short of revenue forecasts as sales plunge 40%
Bioceres Crop Solutions Corp. (NASDAQ:BIOX) posted second-quarter revenue of $74.7 million, well below analyst expectations of $111.68 million, as the agricultural technology group struggled with weak market conditions. Revenue dropped 40% year-on-year, weighed down by softer demand in Argentina and a decline in HB4-related sales. The company reported an operating loss of $14.9 million for…
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Designer Brands rallies after topping Q2 earnings and revenue estimates
Shares of Designer Brands (NYSE:DBI) jumped about 13% in premarket trading Tuesday after the footwear retailer posted quarterly results that exceeded Wall Street forecasts. For its second quarter, the company reported earnings of $0.34 per share, well above the consensus estimate of $0.14. Revenue reached $739.8 million, also topping expectations of $730.6 million. Comparable sales…
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Dell shares dip in premarket trading following CFO Yvonne McGill’s unexpected resignation
Shares of Dell Technologies (NYSE:DELL) slipped slightly in premarket U.S. trading Tuesday after the company announced that Chief Financial Officer Yvonne McGill would be stepping down. Dell said that David Kennedy, currently Senior Vice President of Global Business Operations, Finance, will assume the CFO role on an interim basis. McGill will continue to serve as…