Category: Latest News
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ACI Worldwide Tops Q2 Estimates, Lifts Full-Year Outlook on Recurring Revenue Strength
ACI Worldwide (NASDAQ:ACIW) delivered second-quarter results that came in well ahead of Wall Street forecasts, fueled by robust recurring revenue growth and improved organizational execution. The positive results pushed the company’s shares up 1.23% in after-hours trading on Thursday. The payments technology provider posted adjusted earnings per share of $0.35, handily beating the analyst consensus…
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Celsius Shares Spike After Crushing Q2 Estimates with Strong Sales and Market Gains
Celsius Holdings Inc. (NASDAQ:CELH) saw its shares rally 12.7% in Thursday’s premarket trading following an impressive earnings report that outpaced Wall Street expectations, thanks to accelerating demand and the recent Alani Nu acquisition. For the second quarter, the energy drink company posted adjusted earnings per share of $0.47, nearly twice the $0.24 expected by analysts.…
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EPAM Systems Jumps Nearly 4% on Strong Q2 Results and Upbeat Outlook
Shares of EPAM Systems, Inc. (NYSE:EPAM) climbed 3.76% in pre-market trading Thursday after the company posted second-quarter results that outpaced expectations and raised its full-year revenue guidance. The digital transformation specialist reported adjusted earnings per share of $2.77 for the quarter, ahead of the $2.61 consensus forecast. Revenue reached $1.35 billion, also beating projections of…
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Somnigroup International Slides After Guidance Leaves Investors Uninspired
Somnigroup International Inc. (NYSE:SGI) saw its shares dip 1.20% in after-hours trading Thursday, as investors reacted tepidly to its updated full-year forecast despite a modest earnings beat for the second quarter. The global bedding leader reported adjusted earnings per share of $0.53, narrowly surpassing analysts’ expectations of $0.52. Revenue came in at $1.88 billion, essentially…
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Fortinet shares tumble over firewall refresh concerns amid weak Q3 outlook
Fortinet (NASDAQ:FTNT) shares dropped sharply by more than 19% in early U.S. trading on Thursday, following the cybersecurity company’s cautious revenue guidance for the third quarter. Investors reacted to worries about slowing business spending tied to tariff-related economic uncertainty and challenges in the ongoing firewall refresh cycle. Several companies have recently adjusted or tightened their…
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Airbnb shares fall 6% in premarket after cautious guidance on H2 growth
Airbnb (NASDAQ:ABNB) reported second-quarter earnings and revenue that surpassed Wall Street forecasts, yet its shares slipped 6% in premarket trading Thursday as investors reacted cautiously to the company’s outlook on room night growth for the current quarter. The online lodging platform posted earnings of $1.03 per share for Q2, beating analyst estimates of $0.93. Revenue…
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Baidu set to unveil advanced reasoning model by month’s end, Ernie 5.0 update imminent
Baidu (NASDAQ:BIDU) plans to launch a new reasoning AI model before the end of August, designed to tackle more complex tasks, according to an insider familiar with the company’s plans. In addition, Baidu is gearing up to release Ernie 5.0, the latest upgrade to its foundational AI model, within the next few months, the source…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures Rise as Trump’s Latest Tariffs Come Into Effect — What’s Driving Markets
U.S. stock futures moved higher on Thursday following the implementation of President Donald Trump’s expanded tariff measures, which target a wide array of countries and aim to reshape global trade dynamics. In parallel, Apple announced plans to increase investment in American manufacturing, while Trump suggested a possible 100% tariff on semiconductor imports but indicated exemptions…
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Gold Prices Rise Amid New U.S. Tariff Threats and Fed Rate Cut Speculation
Gold edged up modestly on Thursday as investors sought safety in response to fresh tariff announcements from U.S. President Donald Trump and weak U.S. economic data, which revived hopes for an upcoming Federal Reserve interest rate cut. At 04:30 ET (08:30 GMT), Spot Gold gained 0.1%, reaching $3,373.80 per ounce. Meanwhile, December Gold Futures climbed…
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Dollar Weakens Ahead of Jobless Claims; Eyes on BoE and Eurozone Moves
The U.S. dollar edged lower on Thursday as investors ramped up bets on Federal Reserve rate cuts and remained cautious over escalating trade tensions. As of 04:10 ET (08:10 GMT), the Dollar Index—which compares the greenback against six major peers—had slipped 0.1% to 97.877, following a sharper 0.6% drop the day before. Fed Cut Bets…