Category: Latest News

Shoe Carnival Inc. (NASDAQ:SCVL) saw its stock surge more than 11% in premarket trading Friday after the company delivered stronger-than-expected earnings for the first quarter, even as total revenue declined. The footwear retailer reported earnings per share of $0.34 for the quarter, topping Wall Street’s estimate of $0.30. Revenue came in at $277.7 million, down…

Palantir Technologies Inc. (NASDAQ:PLTR) saw its shares rise 0.8% in premarket trading following a report by The New York Times highlighting the company’s growing role in federal data initiatives under the Trump administration. The report disclosed that Palantir has been tapped to take a leading role in executing a new executive order aimed at enhancing…

Summit Therapeutics Inc. (NASDAQ:SMMT) saw its stock decline by 3.5% today after releasing topline results from its Phase III HARMONi clinical trial. The study examined the effectiveness of ivonescimab when combined with chemotherapy in treating patients with EGFR-mutated non-small cell lung cancer who had progressed after prior treatment with third-generation EGFR tyrosine kinase inhibitors. The…

Former U.S. President Donald Trump criticized China’s recent trade actions in a post on Truth Social Friday, asserting that Beijing had broken the terms of a prior agreement made during his presidency. Trump claimed his administration’s imposition of steep tariffs had placed intense economic pressure on China, making it increasingly difficult for the country to…

Shares of Dell Technologies (NYSE:DELL) climbed nearly 2% in early trading Friday following the company’s decision to raise its full-year earnings guidance, despite mixed financial results for the first quarter impacted by tariff-related demand challenges. In Q1, Dell reported adjusted earnings per share (EPS) of $1.55 on revenues of $23.38 billion, falling short of the…

Costco (NASDAQ:COST) exceeded expectations with its fiscal third-quarter results announced Thursday, fueled by consumers stocking up amid inflation worries and potential tariff-driven price increases. Following the earnings release, Costco shares traded relatively flat in U.S. premarket trading on Friday. For the 12-week period ending May 11, the members-only warehouse club reported diluted earnings per share…

Marvell Technology Inc (NASDAQ:MRVL) achieved record first-quarter revenue for fiscal 2026, but shares fell nearly 4% in premarket trading after results came in line with analyst forecasts. The company posted net revenue of $1.895 billion, representing a 63% year-over-year increase, slightly surpassing the $1.88 billion consensus and exceeding the midpoint of prior guidance by $20…

UP Fintech Holding Limited (NASDAQ:TIGR), a prominent online brokerage catering to global investors, announced stronger-than-expected financial results for the first quarter of 2025 on Friday. Following the earnings release, the company’s shares rose 4.27% in pre-market trading. The firm posted adjusted earnings per ADS of $0.20, beating analyst forecasts. Quarterly revenue reached $122.6 million, marking…

Tesla (NASDAQ:TSLA) and several leading technology firms saw their shares dip during Friday’s premarket session as concerns over President Donald Trump’s tariff measures resurfaced. The renewed uncertainty comes after recent court rulings temporarily paused most of Trump’s tariffs, creating volatility in the markets. Thursday was largely focused on the White House’s efforts to respond to…