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Aecom climbs over 2% after topping Q4 profit expectations despite softer revenue
Aecom (NYSE:ACM) posted stronger-than-anticipated fourth-quarter earnings on Tuesday, sending its shares up 2.49% in pre-market trading, even though quarterly revenue landed slightly below Wall Street estimates. The engineering and infrastructure consultancy reported adjusted earnings of $1.36 per share, edging past consensus forecasts of $1.34. Quarterly revenue came in at $4.18 billion, short of the $4.32…
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Medtronic tops Q2 forecasts and boosts full-year guidance on robust cardiovascular gains
Medtronic plc (NYSE:MDT) delivered stronger-than-expected results for the second quarter of fiscal 2026 and lifted its full-year outlook, powered by exceptional growth in its cardiovascular business and continued momentum across multiple product lines. Adjusted earnings per share came in at $1.36, ahead of the $1.31 analysts projected. Revenue reached $9 billion, topping expectations of $8.87…
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Ituran Location & Control beats Q3 revenue forecasts, boosts subscriber base by 40,000
Ituran Location & Control Ltd. (NASDAQ:ITRN) reported stronger-than-expected third-quarter revenue on Tuesday, although earnings landed just shy of analyst projections. The company added 40,000 net subscribers in the period, lifting its total base to 2.59 million users. Revenue reached $92.3 million, ahead of the $88.89 million analysts anticipated and up 11% from a year earlier.…
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Dow Jones, S&P, Nasdaq, Futures signal another weak session for Wall Street
U.S. stock index futures were under pressure early Tuesday, suggesting that the market may extend the previous session’s slide, with tech shares once again at the center of the downturn. The ongoing selloff in mega-cap tech — especially market heavyweight and AI frontrunner Nvidia (NASDAQ:NVDA) — continues to drag sentiment lower. Nvidia shares were down…
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Home Depot shares slip as Q3 earnings come up short despite revenue beat
Home Depot (NYSE:HD) posted mixed third-quarter results on Tuesday, delivering higher-than-expected revenue but missing profit forecasts—sending the stock down 1.8% in early trading. The home improvement giant continues to face headwinds tied to consumer caution and a sluggish housing backdrop. The company reported adjusted EPS of $3.74, falling below Wall Street’s expected $3.84. Revenue reached…
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EU opens cloud computing investigations into Microsoft and Amazon under the DMA
The European Commission has initiated three separate inquiries into the cloud computing sector under the framework of the Digital Markets Act (DMA), placing Amazon Web Services and Microsoft Azure under scrutiny. Two of the probes will examine whether Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) should be formally designated as gatekeepers for their cloud services— a label…
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U.S. initial jobless claims climb, exceeding forecasts and prior readings
New data on U.S. initial jobless claims showed a notable increase in the number of people filing for unemployment benefits for the first time last week, signaling potential softening in the labor market. Initial claims came in at 232,000, a figure that not only overshot economists’ expectations but also exceeded the prior reading of 218,000.…
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Amer Sports jumps over 9% as standout performance from Salomon and Arc’teryx powers major Q3 earnings beat
Amer Sports, Inc. (NYSE:AS) delivered a notably strong third-quarter update on Tuesday, with results coming in well ahead of Wall Street expectations thanks to robust demand across all business lines and regions. The upbeat numbers sent the company’s shares soaring 9.23% in pre-market trading. The group reported adjusted EPS of $0.33, outperforming the analyst consensus…
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Oaktree Specialty Lending posts mixed Q4 results as earnings fall short of forecasts
Oaktree Specialty Lending Corporation (NASDAQ:OCSL) delivered a mixed set of fourth-quarter results on Tuesday, missing profit expectations even as revenue came in slightly ahead of analyst estimates. The lender reported earnings per share of $0.28, falling $0.11 below the consensus estimate of $0.39. Quarterly revenue landed at $77.3 million, just above the projected $76.93 million.…
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PDD drops nearly 4% after Q3 results miss forecasts amid cooling revenue momentum
PDD Holdings Inc. (NASDAQ:PDD) saw its shares slide 3.97% in pre-market trading Tuesday after the company released third-quarter results that came in below Wall Street expectations, underscoring slowing revenue growth and intensifying competition in China’s e-commerce sector. For the three months ending September 30, 2025, Pinduoduo reported adjusted earnings of RMB21.08 ($2.96) per share, missing…