Category: Include on Menu
-
GlobalFoundries Shares Surge After Securing $300 Million U.S. Government Award
GlobalFoundries (NASDAQ:GFS) shares climbed 11% on Wednesday after the semiconductor manufacturer announced a letter of intent with the U.S. Department of Commerce for a $300 million award to accelerate the development of next-generation silicon photonics technology. The funding, provided through the Department’s CHIPS Research and Development Office, is intended to support research into advanced optical…
-
Aon Earnings Beat Expectations but Revenue Miss Sends Shares Lower
Aon plc (NYSE:AON) reported mixed second-quarter results on Wednesday, with earnings narrowly exceeding Wall Street forecasts while revenue came in slightly below expectations, sending the company’s shares more than 2% lower in pre-market trading. The professional services firm posted adjusted earnings of $3.81 per share, just ahead of analysts’ consensus estimate of $3.80. Quarterly revenue…
-
U.S. Futures Hold Steady as Investors Await Federal Reserve Decision: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures pointed to a largely unchanged open on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve’s latest monetary policy announcement. Market participants are widely expecting the central bank to leave interest rates unchanged, although some uncertainty remains over the possibility of an unexpected quarter-point increase. According to CME…
-
Generac Beats Profit Forecasts as Data Center Demand Drives Growth
Generac Holdings Inc. (NYSE:GNRC) reported stronger-than-expected second-quarter earnings on Wednesday, with robust profitability driven by surging demand from data center customers, although revenue came in slightly below Wall Street expectations. Shares of the backup power equipment manufacturer rose more than 4% in pre-market trading following the results. The company reported adjusted earnings of $2.91 per…
-
Cognizant Misses Earnings Forecast Despite Revenue Beat and Higher Full-Year Outlook
Cognizant Technology Solutions Corp. (NASDAQ:CTSH) reported mixed second-quarter results on Wednesday, with revenue narrowly exceeding Wall Street expectations while earnings came in slightly below forecasts, sending shares more than 2% lower in pre-market trading. The IT services company posted adjusted earnings of $1.37 per share, missing analysts’ consensus estimate of $1.38. Revenue increased 4.5% year…
-
GE HealthCare Beats Second-Quarter Expectations as Record Orders Drive Growth
GE HealthCare Technologies Inc. (NASDAQ:GEHC) reported stronger-than-expected second-quarter results on Wednesday, with record order growth and revenue exceeding Wall Street forecasts, sending shares about 9% higher in pre-market trading. The medical technology company posted adjusted earnings of $1.13 per share, beating analysts’ consensus estimate of $1.04. Revenue increased 5.7% year over year to $5.3 billion,…
-
Boston Scientific Beats Second-Quarter Expectations as Sales Growth Lifts Shares
Boston Scientific (NYSE:BSX) shares rose more than 3% in pre-market trading on Wednesday after the medical device manufacturer reported second-quarter earnings and revenue that exceeded Wall Street expectations, supported by broad-based growth across its business. The company reported earnings of $0.86 per share for the quarter, ahead of analysts’ consensus estimate of $0.83. Revenue increased…
-
Lemonade Shares Slide After Results Fail to Meet High Investor Expectations
Lemonade, Inc. (NYSE:LMND) shares fell more than 7% in pre-market trading after the AI-powered insurance company released its second-quarter 2026 results, with investors reacting negatively despite revenue outperforming expectations. The sell-off reflected concerns that the company’s outlook failed to justify the high expectations already priced into the stock, following a strong rally earlier in the…
-
VF Shares Fall After Earnings Miss Overshadows Revenue Beat
VF Corporation (NYSE:VFC) shares fell around 6% on Wednesday after the apparel and footwear company reported a wider-than-expected quarterly loss, despite delivering revenue ahead of Wall Street forecasts and raising its full-year sales outlook. The company reported an adjusted loss of $0.27 per share for the first quarter of fiscal 2027, compared with analysts’ expectations…
-
Stanley Black & Decker Beats Second-Quarter Expectations and Raises Full-Year Outlook
Stanley Black & Decker, Inc. (NYSE:SWK) reported stronger-than-expected second-quarter results on Wednesday, with earnings surpassing Wall Street forecasts as the company increased its full-year profit and cash flow guidance. Shares of the tools and outdoor products manufacturer rose around 3% in pre-market trading following the results. The company reported adjusted earnings of $1.57 per share,…