ADVFN US – Market Content Editor

Snap Inc (NYSE:SNAP) saw its shares fall more than 16% in premarket trading following the release of its second-quarter 2025 results, which showed a larger-than-expected loss and renewed doubts about the company’s journey toward consistent profitability. Though revenue met analyst forecasts and user numbers continued to grow steadily, investors responded coolly to the pressures on…

Honda (NYSE:HMC) reported a steep 50% drop in net profit for the first quarter on Wednesday, as increased U.S. tariffs and one-time electric vehicle-related costs weighed heavily on its earnings. Nonetheless, the automaker raised its full-year outlook, citing a lighter tariff impact and a softer yen currency. For the April to June period, net profit…

Amgen Inc (NASDAQ:AMGN) saw a modest decline in premarket trading even after reporting quarterly profit and revenue results that exceeded analysts’ expectations, driven by robust growth in both established and newer product lines. Investors appeared cautious, adopting a wait-and-see stance despite management’s confident full-year outlook and reaffirmation of its long-term pipeline strategy. For the second…

Gold prices eased slightly on Wednesday, pulling back after four straight days of increases as traders assessed disappointing U.S. economic reports and anticipated President Donald Trump’s upcoming Federal Reserve board nomination. At 04:30 ET (08:30 GMT), Spot Gold declined 0.4% to $3,366.50 per ounce, while December Gold Futures also dipped 0.4%, settling at $3,420.72 per…

Oil markets saw a modest uptick during Wednesday’s Asian trading hours, clawing back slightly after hitting a five-week low in the previous session. The prospect of enhanced U.S. sanctions against countries purchasing Russian crude lent some support to prices. Yet, the rally showed signs of fragility amid ongoing concerns over increased OPEC+ output and a…

The U.S. dollar traded within a narrow band early Wednesday, as attention centered on President Donald Trump’s upcoming decision on who will fill a key vacancy on the Federal Reserve’s Board of Governors. At 03:50 ET (07:50 GMT), the U.S. Dollar Index slipped 0.1% to 98.527, as the currency held steady following its biggest daily…

The S&P 500 ended lower on Tuesday as unexpected weakness in U.S. services sector data raised fresh concerns about the strength of the economy, just as the corporate earnings season continues. At the closing bell (4:00 p.m. ET), the Dow Jones Industrial Average slipped by about 62 points, or 0.1%. The S&P 500 dropped 0.4%,…