ADVFN US – Market Content Editor
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Super Micro plunges after weak Q4 results and cautious guidance amid AI infrastructure boom
Shares of Super Micro Computer (NASDAQ:SMCI) dropped more than 16% in premarket trading on Wednesday after the company missed earnings and revenue expectations for its fiscal fourth quarter and issued guidance for the current quarter that fell short of Wall Street estimates. Adjusted earnings per share for the reported quarter were $0.41, below analyst estimates…
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Rivian’s shares decline following a larger-than-expected Q2 loss and ongoing supply chain challenges
Rivian Automotive (NASDAQ:RIVN) saw its shares drop over 4% in premarket trading on Wednesday after reporting a bigger-than-anticipated loss for the second quarter, impacted by disruptions in the supply chain linked to trade policy changes. The electric vehicle maker recorded an adjusted loss of 97 cents per share for the quarter, missing analyst expectations of…
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Coca-Cola Europacific Partners slips after revising down revenue growth forecast
Shares of Coca-Cola European Partners PLC (NASDAQ:CCEP) dropped 8.06% on Wednesday following the company’s decision to lower its full-year revenue growth guidance to 3-4%, down from the prior estimate of around 4%, despite delivering first-half results mostly in line with expectations. The revised outlook mainly reflects persistent challenges in Indonesia, where volumes experienced a double-digit…
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AMD shares slip 5% in early trading as data center revenue disappoints
Advanced Micro Devices (NASDAQ:AMD) saw its shares drop over 5% in premarket trading after revealing underwhelming quarterly revenue from its key data center division. The segment, which includes AMD’s vital artificial intelligence chips—considered crucial for the company’s growth—reported revenue of $3.2 billion, marking a 14% increase. This figure was in line with analysts’ estimates of…
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Snap shares slide sharply as investor worries grow despite user expansion and AR focus
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…
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Honda boosts full-year forecast despite Q1 profit halving amid tariff pressures
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…
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Amgen shares dip slightly in early trading despite beating Q2 earnings forecasts
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…
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Gold Prices Ease After Consecutive Gains; Investors Monitor U.S. Economic Data
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…
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Oil Prices Edge Up from One-Month Low as U.S. Sanctions on Russian Oil Buyers Loom
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…
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Dollar Remains Rangebound as Markets Eye Fed Appointment; Pound Awaits BoE Decision
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…