Category: Latest News

  • Deere Revises Full-Year Profit Forecast; Shares Drop

    Deere Revises Full-Year Profit Forecast; Shares Drop

    Deere & Company (NYSE:DE) reported stronger-than-expected third-quarter results on Thursday, yet its shares fell 5% after the farm equipment manufacturer narrowed its full-year profit outlook due to persistent market uncertainties. The agricultural machinery leader posted adjusted earnings of $4.75 per share for the quarter ending July 27, 2025, surpassing analyst expectations of $4.58. Revenue totaled…

  • Southwest Airlines Sells Renewable Fuels Division to Conestoga Energy

    Southwest Airlines Sells Renewable Fuels Division to Conestoga Energy

    Southwest Airlines Co. (NYSE:LUV) has sold its renewable fuels division to Conestoga Energy as the airline scales back its climate initiatives after years of slow industry progress, Bloomberg News reported Thursday. According to the report, Conestoga Energy—a leading provider of low-carbon biofuels—acquired Saffire Renewables LLC from Southwest Airlines Renewable Ventures. The terms of the transaction…

  • NiCE Shares Climb After Q2 Earnings Beat, Full-Year EPS Outlook Raised

    NiCE Shares Climb After Q2 Earnings Beat, Full-Year EPS Outlook Raised

    NiCE (NASDAQ:NICE) reported second-quarter 2025 results that surpassed analyst expectations on Thursday, prompting the company to raise its full-year earnings guidance while keeping revenue forecasts steady. Shares rose 1.7% in reaction to the announcement. The customer experience software provider posted adjusted earnings per share of $3.01, topping the analyst consensus of $2.99. Revenue reached $726.7…

  • Amcor Falls Short in Q4 but Projects Strong Fiscal 2026 Growth

    Amcor Falls Short in Q4 but Projects Strong Fiscal 2026 Growth

    Amcor plc (NYSE:AMCR) reported fourth-quarter adjusted earnings that came in below analyst expectations on Thursday, though the packaging giant offered a positive outlook for fiscal 2026 following its acquisition of Berry Global. Shares dipped 0.5% in premarket trading after the earnings release. For the quarter ending June 30, Amcor posted adjusted EPS of $0.20, missing…

  • JD.com Q2 Revenue Exceeds Estimates on Strong Consumer Activity; Shares Rise

    JD.com Q2 Revenue Exceeds Estimates on Strong Consumer Activity; Shares Rise

    JD.com (NASDAQ:JD) shares climbed 2% in premarket trading Thursday after the Chinese e-commerce giant reported second-quarter results that outpaced expectations. The company posted non-GAAP diluted net income per American Depositary Share (ADS) of RMB 4.97 (US$0.69) for Q2 2025, well above the consensus estimate of RMB 3.56. Net revenues rose 22.4% year-over-year to RMB 356.7…

  • Trump order easing commercial spaceflight regulations lifts space-related stocks

    Trump order easing commercial spaceflight regulations lifts space-related stocks

    Several space-focused companies saw their shares rise in premarket trading on Thursday after President Donald Trump signed an executive order intended to accelerate rocket launches and expand spaceport development. AIRO Group (NASDAQ:AIRO) led the gains, jumping more than 11% before the opening bell on Wall Street. Satellogic (NASDAQ:SATL) climbed over 8%, while Rocket Lab USA…

  • Weibo shares climb 4% after Q2 results top analyst forecasts

    Weibo shares climb 4% after Q2 results top analyst forecasts

    Weibo Corporation (NASDAQ:WB) saw its shares rise 4.18% in pre-market trading on Thursday after reporting stronger-than-expected second-quarter results, driven by steady performance in its advertising segment. The Chinese social media company posted adjusted earnings per share of $0.54 for Q2 2025, well above analysts’ estimate of $0.43. Revenue reached $444.8 million, exceeding the consensus projection…

  • Birkenstock surpasses profit estimates, lays out strategy to manage tariffs

    Birkenstock surpasses profit estimates, lays out strategy to manage tariffs

    Birkenstock (NYSE:BIRK) reported stronger-than-expected profit for its fiscal third quarter and reaffirmed its full-year guidance, as the historic German footwear maker said it is in a solid position despite elevated U.S. tariffs on European goods. Famous for its sandals and clogs, the 250-year-old company noted it is “well-positioned” to navigate the 15% levies on many…

  • Coherent shares tumble as analysts warn of earnings shortfall

    Coherent shares tumble as analysts warn of earnings shortfall

    Coherent (NYSE:COHR) surpassed Wall Street’s expectations for its fiscal fourth quarter on Wednesday, yet its stock fell more than 17% in premarket trading in the U.S. following a mixed outlook for the current quarter. The laser and optical components manufacturer, which provides materials for automotive chip production, reported earnings of $1.00 per share for the…

  • Cisco Shares Slip Slightly Pre-Market Despite Bullish Revenue Outlook

    Cisco Shares Slip Slightly Pre-Market Despite Bullish Revenue Outlook

    Shares of Cisco Systems (NASDAQ:CSCO) edged lower in early U.S. trading even after the networking giant provided a stronger-than-expected first-quarter revenue forecast. The company also noted some impact from U.S. tariffs during its recently concluded fiscal year. Cisco is seen as a potential winner amid rising corporate investments in artificial intelligence infrastructure, as companies look…