Category: Latest News

Vestis Corporation (NYSE:VSTS) reported first-quarter fiscal 2026 results on Tuesday that missed market expectations, as softer revenue weighed on profitability. The uniform and workplace supplies provider posted adjusted earnings of $0.10 per share, well below the analyst consensus of $0.27. Revenue totaled $663.4 million, missing forecasts of $763.69 million and marking a 3% year-on-year decline.…

Shares of Nektar Therapeutics (NASDAQ:NKTR) moved higher on Tuesday after the company released encouraging long-term maintenance results from its REZOLVE-AD trial of rezpegaldesleukin in patients with moderate-to-severe atopic dermatitis. The stock was up about 3% in morning trading. The clinical-stage biotech said patients receiving rezpegaldesleukin, a regulatory T-cell–targeting biologic, sustained strong clinical responses through week…

Entegris, Inc. (NASDAQ:ENTG) shares surged on Tuesday after the company reported fourth-quarter results that came in ahead of expectations and issued stronger-than-anticipated guidance for early 2026. The advanced materials supplier’s stock rose 6.99% in pre-market trading following the announcement. For the quarter, Entegris delivered adjusted earnings of $0.70 per share, topping the analyst consensus of…

Unity Software (NYSE:U) climbed about 5% in Tuesday morning trading after Oppenheimer upgraded the stock to Outperform from Perform and introduced a $38 price target. The call comes after a tough stretch for Unity, which has lagged amid broader weakness in software names tied to concerns around artificial intelligence. The stock finished Monday at $27.53,…

Incyte Corporation (NASDAQ:INCY) posted fourth-quarter results on Tuesday that showed a miss on earnings, overshadowing a solid revenue beat and pushing the stock lower in premarket trading. Shares were down 4.57% following the announcement. The biopharmaceutical group reported adjusted earnings of $1.80 per share for the quarter, below the analyst consensus of $1.91. Revenue, however,…

Datadog, Inc. (NASDAQ:DDOG) posted stronger-than-expected fourth-quarter results, triggering a sharp rally in its shares, which jumped 7.9% in premarket trading as investors welcomed the cloud monitoring firm’s performance and upbeat near-term revenue outlook. The AI-driven observability company reported adjusted earnings of $0.59 per share, beating the consensus estimate of $0.55. Quarterly revenue climbed 29% year…

Trimble Inc. (NASDAQ:TRMB) delivered stronger-than-expected fourth-quarter results on Tuesday, supported by record margins and solid underlying growth, giving the stock a modest lift in premarket trading. Shares were up 0.48% ahead of the open. The technology group reported adjusted earnings of $1.00 per share for the quarter, beating the consensus forecast of $0.96. Revenue totaled…

Shares of Coinbase Global Inc. (NASDAQ:COIN) moved lower in premarket trading on Tuesday after JPMorgan trimmed its price target on the cryptocurrency exchange, pointing to a more challenging environment for digital assets. The stock was down 1.7% ahead of the open. JPMorgan reduced its target price by 27% to $290 from $399, while reiterating its…

Marriott International (NASDAQ:MAR) posted fourth-quarter results on Tuesday showing that solid momentum in international markets helped counter slower conditions in the United States, lifting investor sentiment. Shares in the hotel group rose 2.13% in pre-market trading following the announcement. The world’s largest hotel operator reported adjusted earnings of $2.58 per share for the quarter, just…

Shares of semiconductor connectivity specialist Credo Technology (NASDAQ:CRDO) surged after the company issued a bullish pre-announcement, flagging materially stronger quarterly revenue and lifting its near-term outlook — a move that pointed to rapidly accelerating growth. Credo said it now anticipates fiscal third-quarter revenue in the range of $404 million to $408 million, sharply higher than…