Category: Latest News
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D-Wave Quantum Shares Drop Nearly 3% as Earnings Miss Overshadows Revenue Growth
On Thursday, D-Wave Quantum Inc. (NYSE:QBTS) reported second-quarter results that fell short of analyst earnings expectations despite posting revenue gains. Shares fell 2.79% in pre-market trading following the announcement. The quantum computing firm posted an adjusted loss of $0.08 per share, missing the analyst estimate of a $0.05 per share profit. Revenue, however, rose to…
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Dentsply Sirona Surpasses Q2 Earnings Expectations Despite Revenue Decline
Dentsply Sirona (NASDAQ:XRAY) reported second-quarter earnings on Thursday that beat analyst forecasts, delivering adjusted earnings per share of $0.52, above the consensus estimate of $0.50. The dental equipment maker posted revenue of $936 million, slightly exceeding the projected $933.63 million, even as total sales declined compared to the same period last year. Shares rose 0.88%…
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Playtika Falls Short of Q2 Estimates as Revenue Disappoints, Shares Decline
Playtika Holding Corp. (NASDAQ:PLTK) reported second-quarter results on Thursday that missed analyst expectations, causing shares to drop 3.9% as the mobile gaming company faced challenges with weakening performance in key titles. The company recorded adjusted earnings of $0.09 per share, well below the consensus estimate of $0.19. Revenue reached $696 million, slightly under the $705.4…
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Spectrum Brands Misses Q3 Estimates Amid Tariff Headwinds
Spectrum Brands Holdings, Inc. (NYSE:SPB) reported third-quarter fiscal 2025 results on Thursday that fell short of analyst expectations, as the company faced tariff-related disruptions and weakening consumer demand. Adjusted earnings per share came in at $1.24, below the analyst forecast of $1.35, while revenue declined 10.2% year-over-year to $699.6 million, missing the consensus estimate of…
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Acushnet Tops Revenue Expectations in Q2, Shares Edge Higher
Acushnet Holdings Corp. (NYSE:GOLF), a global leader in golf equipment, reported second-quarter revenue that surpassed analyst forecasts, though its earnings came in slightly below expectations. Following the results, shares edged up 0.55% in premarket trading on Thursday. For the quarter, Acushnet posted revenue of $720.5 million, beating the consensus estimate of $717.39 million and marking…
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Corning Shares Jump After Apple Commits $2.5B to U.S. Glass Production Expansion
Shares of Corning (NYSE:GLW) surged over 5% in premarket trading Thursday following Apple’s (NASDAQ:AAPL) announcement of a major $2.5 billion investment to produce all of its iPhone and Apple Watch cover glass at Corning’s facility in Harrodsburg, Kentucky. Bank of America (BofA) said the deal could unlock significant long-term gains for the glass manufacturer, noting,…
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Zai Lab Misses Q2 Revenue Targets Despite EPS Beat; Shares Dip
Zai Lab Limited (NASDAQ:ZLAB) reported second-quarter 2025 results that failed to meet revenue expectations, despite modest top-line growth, sending its shares down over 2% in pre-market trading. The biopharma firm posted revenue of $110 million for the quarter, falling short of the analyst consensus of $124.95 million. However, losses narrowed significantly, with earnings per share…
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YETI Tops Earnings Forecasts Despite Revenue Shortfall and Supply Chain Headwinds
YETI Holdings, Inc. (NYSE:YETI) reported second-quarter adjusted earnings on Thursday that came in ahead of Wall Street expectations, although revenue missed forecasts as the company continued to grapple with supply chain challenges. Shares of the outdoor gear and drinkware company were flat in pre-market trading following the results. The company reported adjusted earnings per share…
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Cheniere Energy Exceeds Q2 Expectations on Rising LNG Prices, Stock Moves Higher
Cheniere Energy, Inc. (NYSE:LNG) delivered better-than-expected second-quarter results on Thursday, as elevated liquefied natural gas (LNG) prices and stronger profit margins boosted performance. The company’s shares rose 1.4% following the announcement. The largest LNG exporter in the U.S. reported adjusted earnings of $7.30 per share, with quarterly revenue hitting $4.64 billion—comfortably beating the consensus estimate…
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Targa Resources Tops Earnings Expectations, Boosts Capex as Projects Move Ahead of Schedule
Targa Resources Corp. (NYSE:TRGP) posted strong second-quarter 2025 earnings on Thursday, with net income soaring to $629.1 million—more than double the $298.5 million reported a year ago—thanks to record-setting volumes in the Permian Basin and its natural gas liquids (NGL) transportation network. Adjusted EBITDA climbed 18% year-over-year to $1.16 billion. Following the results, the company’s…