ADVFN US – Market Content Editor
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Chipotle Shares Drop Over 10% After Lowering Annual Sales Forecast
Shares of Chipotle Mexican Grill (NYSE:CMG) fell more than 10% on Thursday following the company’s decision to cut its full-year sales outlook amid growing concerns over economic uncertainty that could dampen consumer spending. The introduction of broad U.S. tariffs has raised worries about faster inflation and slower economic growth, prompting some customers to rethink spending…
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T-Mobile shares surge as earnings beat expectations, driven by record postpaid and 5G customer growth
T-Mobile US Inc (NASDAQ:TMUS) reported a standout second quarter, surpassing Wall Street’s forecasts for both earnings and revenue while raising its outlook for the full year. This strong performance pushed the stock up over 5% in premarket trading Thursday. The Bellevue-based telecom giant posted adjusted earnings per share of $2.84, outpacing the consensus estimate of…
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Alphabet Shares Climb as AI Sparks Revenue Growth and Expanded Investment Plans
Alphabet (NASDAQ:GOOGL) saw its shares climb over 2% in early U.S. trading on Thursday following stronger-than-expected second-quarter earnings and an upward revision of its capital expenditure forecast for 2025. The parent company of Google reported earnings per share of $2.31, surpassing analyst predictions of $2.17. Quarterly revenue hit $96.43 billion, well above the consensus estimate…
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Tesla revenue takes a hit amid weaker demand as Musk warns of “rough quarters” ahead
Tesla (NASDAQ:TSLA) shares tumbled over 5% in early U.S. trading on Thursday following CEO Elon Musk’s cautionary remarks about challenging times ahead for the electric vehicle maker amid softening demand and diminishing government incentives. The company is struggling with a notable drop in vehicle deliveries, compounded by the looming expiration of a federal tax credit…
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Oil Prices Rise on Steep U.S. Inventory Drop; Focus on Trade Deal Progress
Oil prices climbed slightly in Asian trading on Thursday, supported by data revealing a sharp decline in U.S. crude stockpiles. Meanwhile, investors stayed watchful as trade negotiations advance ahead of President Donald Trump’s upcoming tariff deadline. At 22:18 ET (02:18 GMT), September Brent futures increased by 0.3% to $68.69 per barrel, while West Texas Intermediate…
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Gold Declines as U.S.-Japan Trade Pact and AI Optimism Dull Demand for Safe Havens
Gold prices slipped further during Asian trading on Thursday, continuing the downward trend from earlier this week. The momentum came as a fresh U.S.-Japan trade agreement and upbeat tech earnings lifted investor confidence, reducing the traditional appeal of gold as a safe asset. After reaching a one-month peak earlier this week, gold surrendered much of…
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Dollar gains slightly while euro retreats ahead of ECB policy update
The U.S. dollar inched up modestly on Thursday but stayed close to recent lows, while the euro softened in anticipation of the European Central Bank’s upcoming decision. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the currency against a basket of six major peers, added 0.1% to 97.002, remaining near a two-week trough.…
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Dow Jones, S&P, Nasdaq, U.S. Stock Futures Steady Ahead of Key Earnings and Trade News
U.S. equity futures showed little directional movement Thursday as investors processed rumors of potential trade deals alongside quarterly earnings from major corporations. Alphabet (NASDAQ:GOOGL) reported robust revenue growth led by its search and cloud businesses, while outlining aggressive capital spending plans focused on artificial intelligence. Meanwhile, Tesla (NASDAQ:TSLA) shares dipped after the electric vehicle maker…
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Stock Market Today: S&P 500 Hits Another Record High on Trade Deal Hopes
The S&P 500 closed at a fresh record high on Wednesday, fueled by renewed optimism over global trade following a new agreement between the U.S. and Japan. The upbeat sentiment raised hopes that the Trump administration could secure further deals, helping to avert a broader trade war. At 4:00 p.m. ET, the Dow Jones Industrial…
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Nasdaq, S&P 500 Reach New Record Closing Highs On Trade Deal News
Stocks moved mostly higher during trading on Wednesday, with the major averages all moving to the upside after ending Tuesday’s session narrowly mixed. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs. The major averages ended the day just off their highs of the session. The Dow jumped 507.85…