Category: Latest News
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Herc Holdings beats revenue forecasts on H&E deal, but earnings fall short
Herc Holdings Inc. (NYSE:HRI) posted stronger-than-expected revenue in the second quarter of 2025, supported by its recent acquisition of H&E Equipment Services. However, the company’s earnings lagged behind analyst projections, and shares moved up slightly—rising 0.55% in after-hours trading following the results. Total revenue for the quarter reached $1 billion, significantly exceeding the consensus estimate…
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Royal Caribbean shares decline despite earnings beat as revenue slightly misses targets
Royal Caribbean Group (NYSE:RCL) saw its shares fall more than 4% on Tuesday after releasing second-quarter results that topped profit forecasts but came in just short on revenue, tempering investor enthusiasm despite strong operational momentum. The cruise company reported adjusted earnings per share of $4.38, outpacing the $4.08 average analyst estimate. However, quarterly revenue came…
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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…