Category: Top Story

National Energy Services Reunited Corp. (NASDAQ:NESR) shares surged 16% after the company announced that it had secured a multi-billion dollar contract from Saudi Aramco to provide completion services for the Kingdom’s unconventional gas fields. The five-year agreement covers extensive mobilization of completion operations across Aramco’s Jafurah field and other unconventional gas projects in Saudi Arabia.…

Criteo S.A. (NASDAQ:CRTO) shares surged nearly 9% on Wednesday after the commerce media platform delivered third-quarter results that far exceeded analyst forecasts, fueled by robust Retail Media growth and stronger operational execution. The company reported adjusted earnings of $1.31 per share, easily beating the consensus estimate of $0.93 by 38 cents. Revenue totaled $470 million,…

Watsco, Inc. (NYSE:WSO) shares declined on Wednesday after the distributor of heating, ventilation, and air conditioning products reported third-quarter results that missed analyst forecasts, reflecting the impact of ongoing regulatory changes in the HVAC sector. The stock slipped 2.2% in premarket trading following the release. Watsco posted earnings per share of $3.98, falling short of…

Garmin Ltd. (NYSE:GRMN) shares fell sharply in premarket trading on Wednesday after the navigation and wearable technology company posted third-quarter revenue that narrowly missed Wall Street estimates, even as it topped earnings forecasts and lifted its full-year profit guidance. The stock dropped 7.3% following the results, reflecting investor disappointment over the top-line miss. Garmin reported…

Etsy, Inc. (NASDAQ:ETSY) reported third-quarter results that topped Wall Street expectations, but the stock fell nearly 5% on Wednesday as declines in both active buyers and sellers overshadowed the upbeat earnings figures. The online marketplace posted adjusted earnings of $0.63 per share, well above the consensus forecast of $0.52, while revenue climbed to $678 million,…

Kraft Heinz (NASDAQ:KHC) reported third-quarter results that narrowly missed Wall Street’s expectations, as the packaged foods maker continues to grapple with rising costs, soft demand, and a shifting operating landscape ahead of its planned corporate split. The company posted net sales of $6.24 billion for the quarter ended September 27, down 2.3% year-over-year and slightly…

Bank of America (BofA) raised its price target on Tesla (NASDAQ:TSLA) to $471 from $341, while reiterating a Neutral rating, describing the electric vehicle maker as the clear frontrunner in the emerging field of “physical AI” but cautioning that its current valuation appears lofty. The revised target is derived from a sum-of-the-parts (SOTP) analysis that…

Boeing (NYSE:BA) reported a steeper-than-anticipated core loss for the third quarter, weighed down by a multibillion-dollar charge tied to fresh delays in its long-troubled 777X jet program. For the quarter ended in September, the aerospace manufacturer posted an adjusted core loss of $7.47 per share, narrowing from last year’s $10.44 but significantly worse than the…

UBS reported that Apple’s (NASDAQ:AAPL) latest iPhone 17 lineup is showing stronger-than-expected demand signals, particularly for premium models, according to the bank’s latest supply chain and availability checks. While overall iPhone 17 wait times remained stable or slightly shorter week over week, UBS noted a notable year-over-year increase for some versions. Data from the firm’s…