Category: Latest News
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Eagle Materials tops forecasts with record revenue, lifting shares
Eagle Materials Inc. (NYSE:EXP) delivered stronger-than-expected financial results for the first quarter of fiscal 2026, reporting record revenue of $634.7 million. The figure beat analyst projections of $610.96 million and represented a 4% year-over-year increase. Adjusted earnings per share came in at $3.76, just above the consensus estimate of $3.73, though slightly below last year’s…
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Cadence shares jump 6% premarket after boosting full-year forecast
Cadence Design Systems (NASDAQ:CDNS) saw its shares climb 6% in premarket U.S. trading on Tuesday after the chip design firm raised its full-year guidance and reported stronger-than-expected second-quarter earnings. For the quarter ending June 30, Cadence reported earnings per share of $1.65 on revenue of $1.28 billion. That beat analyst expectations, which had forecast EPS…
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Polaris stock rises over 2% after second-quarter sales exceed forecasts
Polaris Inc. (NYSE:PII) saw its stock climb 2.51% in pre-market trading on Tuesday after reporting second-quarter revenue that came in ahead of Wall Street expectations. The Minnesota-based powersports manufacturer posted revenue of $1.85 billion for the quarter ending in June 2025, outperforming the consensus forecast of $1.71 billion. The result highlights continued strong demand for…
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Gold recovers from three-week low as easing trade tensions weigh on safe-haven demand
Gold prices edged up on Tuesday, rebounding from near three-week lows as easing global trade tensions softened demand for the precious metal ahead of an important U.S. Federal Reserve policy meeting. At 04:50 ET (08:50 GMT), spot gold rose 0.4% to $3,327.10 an ounce, with gold futures matching the gain, trading at $3,381.00 per ounce.…
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Nomura posts 52% jump in Q1 profit fueled by robust trading and investment banking
Nomura Holdings (NYSE:NMR) revealed on Tuesday a 52% rise in net profit for the first quarter, supported by strong results in trading and investment banking despite ongoing volatility in global markets. The leading Japanese investment bank and brokerage recorded earnings of 104.6 billion yen ($705.71 million) for the April to June period, up from 68.9…
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Yandex posts 34% jump in Q2 profit; dividend payout on the table
Russian tech leader Yandex (NASDAQ:NBIS) announced on Tuesday a 34% increase in its adjusted net profit for the second quarter, reaching 30.4 billion roubles ($374.61 million), rebounding from a net loss in the previous quarter. The company’s revenue rose 33% year-on-year to 332.5 billion roubles, largely fueled by strong performances in its e-commerce and fintech…
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Erayak Power Solution Group Raises $3 Million Through Registered Direct Offering
On July 25, 2025, Erayak Power Solution Group Inc. (NASDAQ:RAYA) announced it entered into a securities purchase agreement with institutional investors, leading to a registered direct offering of 30,612,246 Class A ordinary shares and pre-funded warrants. The transaction, which closed on July 28, 2025, raised about $3 million. The funds will be allocated to upgrading…
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Nvidia Orders 300,000 More H20 AI Chips as Chinese Demand Picks Up – Reuters
Nvidia (NASDAQ:NVDA) has reportedly submitted an order for an additional 300,000 H20 artificial intelligence chips to Taiwan Semiconductor Manufacturing Co (TSMC) (NYSE:TSM), according to a Reuters report on Tuesday that cites unnamed sources familiar with the matter. The surge in orders follows the Trump administration’s recent decision to lift restrictions on Nvidia’s H20 chip sales…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Tick Up as U.S.-China Trade Talks Resume, Earnings and Fed Decision Loom
U.S. equity futures edged higher Tuesday as investors digested renewed U.S.-China trade negotiations, a packed corporate earnings calendar, and a key Federal Reserve decision that could shape the economic outlook for the rest of the year. Meanwhile, Nvidia is reportedly ramping up production of its AI chips to meet rising demand from Chinese markets. Wall…
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U.S. Dollar Gains Ground, Euro Slips After U.S.-EU Trade Pact
The U.S. dollar rose for a second day on Tuesday, buoyed by a newly inked trade agreement between the United States and the European Union. Meanwhile, the euro continued its slide as investors reassessed the implications of the deal and looked ahead to the Federal Reserve’s policy meeting. By 04:10 ET (08:10 GMT), the Dollar…