Category: Include on Menu
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Tesla investors need more Robotaxi scaling evidence, Morgan Stanley says
Tesla (NASDAQ:TSLA) may need to demonstrate clearer progress in scaling its Robotaxi business before investors gain greater confidence in the company’s broader Physical AI strategy, according to Morgan Stanley. In a note to clients on Tuesday, analyst Andrew Percoco said feedback following Tesla’s second-quarter earnings showed investors remain constructive on the long-term opportunity, particularly given…
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Janus International shares tumble 14% as weak 2026 guidance overshadows earnings beat
Janus International Group, Inc. (NYSE:JBI) shares fell sharply in pre-market trading on Tuesday after the self-storage and commercial building solutions company issued full-year guidance below Wall Street expectations, overshadowing a second-quarter earnings beat. Adjusted earnings per share came in at $0.17 for the quarter ended July 4, 2026, beating the analyst consensus of $0.15 by…
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Joby Aviation shares fall after $500 million Resonant Sciences acquisition
Joby Aviation (NYSE:JOBY) shares fell 6% on Tuesday after the electric aircraft developer agreed to acquire defense technology company Resonant Sciences for approximately $500 million, significantly expanding Joby’s exposure to the U.S. national security market. Under the definitive agreement, Joby plans to pay approximately $450 million in cash and $50 million in common stock. The…
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On Holding shares plunge 22% after Q2 sales miss and weaker growth outlook
On Holding (NYSE:ONON) shares plunged on Tuesday after the Swiss sportswear company reported second-quarter revenue below Wall Street expectations and lowered its full-year sales growth forecast. Second-quarter earnings per share came in at CHF 0.31, ahead of the analyst estimate of CHF 0.29. Revenue increased 21.6% on a constant-currency basis to CHF 850.3 million, but…
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Sono-Tek shares rise after record $3.6 million production line order
Sono-Tek Corporation (NASDAQ:SOTK) shares rose 3.9% in premarket trading on Tuesday after the company secured a $3.6 million purchase order for an advanced manufacturing line designed for medical diagnostic device production. The contract is the largest single integrated production line order in Sono-Tek’s history. While the company has previously received orders with greater overall values,…
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Wall Street futures edge higher as investors await U.S. inflation data: Dow Jones, S&P, Nasdaq
U.S. stock futures pointed to a modestly higher opening on Tuesday, with Wall Street looking to recover after the major indices finished a volatile Monday session slightly lower. Sentiment improved as crude oil prices retreated substantially from their earlier highs. U.S. crude futures were still up around 0.4% after having surged as much as 3%…
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Cardinal Health shares rise 4% as profit beats estimates and 2027 outlook tops forecasts
Cardinal Health Inc. (NYSE:CAH) shares advanced in pre-market trading on Tuesday after the healthcare company delivered better-than-expected fourth-quarter earnings and issued fiscal 2027 profit guidance above Wall Street forecasts. Adjusted earnings per share came in at $2.60, exceeding the analyst consensus of $2.41. Revenue reached $63.7 billion, below expectations of $65.22 billion but up 6%…
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Cardinal Infrastructure raises 2026 revenue guidance after record Q2 sales
Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) shares moved higher in pre-market trading on Tuesday after the infrastructure services company reported record second-quarter revenue and sharply increased its full-year sales forecast, despite earnings coming in slightly below expectations. Adjusted earnings per share reached $0.26, missing the analyst consensus of $0.28 by $0.02. Revenue, however, jumped 114% year…
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Enviri shares edge lower despite Q2 adjusted EBITDA beating expectations
Enviri Corporation (NYSE:NVRI) shares slipped slightly in pre-market trading on Tuesday after the company reported a second-quarter adjusted loss, although adjusted EBITDA exceeded expectations and underlying revenue increased from a year earlier. Enviri posted an adjusted diluted loss per share of $0.63, while adjusted revenue reached $324 million, representing year-on-year growth of 2%. Shares were…
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Vestis shares jump 8% as higher cash flow outlook offsets Q3 earnings miss
Vestis Corporation (NYSE:VSTS) shares climbed sharply in pre-market trading on Tuesday after the uniform and workplace supplies company raised its fiscal 2026 free cash flow outlook, despite third-quarter earnings and revenue falling short of analyst expectations. Adjusted earnings per share came in at $0.18 for the quarter ended July 3, 2026, well below the consensus…