ADVFN US – Market Content Editor

Opendoor Technologies Inc. (NASDAQ:OPEN) plunged 14% in early trading Wednesday, as investors reacted sharply to disappointing third-quarter guidance that undercut recent enthusiasm from retail traders and activist investors. Despite posting second-quarter revenue of $1.6 billion—surpassing expectations—and marking its first positive adjusted EBITDA since 2022, the company’s weaker Q3 outlook sparked concerns over long-term momentum. The…

Shopify Inc. (NASDAQ:SHOP) saw its stock surge by nearly 22% at Wednesday’s market open after delivering stronger-than-expected second-quarter results and issuing an optimistic outlook for the upcoming quarter. The e-commerce platform reported second-quarter revenue of $2.68 billion, exceeding analyst expectations of $2.55 billion. Its Merchant Solutions division was a key driver, contributing $2.02 billion—comfortably ahead…

Apple Inc. (NASDAQ:AAPL) saw its stock rise 1.25% in Wednesday’s pre-market session, fueled by speculation over a possible new factory announcement in the United States. The speculation was sparked by Kevin Hassett, Director of the National Economic Council, who hinted during a Fox Business interview that the tech giant may be preparing to unveil a…

Shares of Dell Technologies (NYSE:DELL) slipped 3% in early trading Wednesday, while Hewlett Packard Enterprise (NYSE:HPE) also declined 1.4%, following a sharp selloff in Super Micro Computer (NASDAQ:SMCI) after the company posted disappointing earnings and forward guidance. Super Micro shares plunged 17% after it fell short of Wall Street expectations for both revenue and earnings…

Nvidia (NASDAQ:NVDA) has once again emphasized that its chips are free of hidden access points or remote shutdown capabilities, pushing back against growing calls from U.S. lawmakers for tighter hardware controls. In a blog post published Tuesday, the semiconductor giant stated that its graphics processing units (GPUs) “do not and should not have kill switches…

Oil futures rose Wednesday, bouncing back from a five-week trough hit the day before, supported by expectations of tighter U.S. sanctions on Russian oil buyers. By 08:55 ET (12:55 GMT), October Brent crude futures were up 1.5%, trading at $68.67 per barrel. Meanwhile, West Texas Intermediate (WTI) crude rose 1.6% to $66.18 per barrel. Russia…

Southwest Gas Holdings, Inc. (NYSE:SWX) reported adjusted earnings for the second quarter that exceeded analyst expectations, but shares declined 3.2% after revenue missed estimates amid the company’s ongoing shift to become a pure-play natural gas utility. The company posted adjusted EPS of $0.53, outperforming the $0.39 forecast, while revenue reached $1.12 billion, falling short of…

Ramaco Resources Inc. (NASDAQ:METC) saw its stock decline by 14% following the announcement of a public offering priced well under the prior day’s closing level. The coal and minerals company set the price for its underwritten public offering at $18.75 per share for 10.67 million Class A common shares, a steep discount to Wednesday’s closing…

On Wednesday, Avnet, Inc. (NASDAQ:AVT) released its fiscal fourth-quarter 2025 results, beating analyst predictions with adjusted earnings per share of $0.81, above the anticipated $0.74, and revenue of $5.6 billion, exceeding the consensus of $5.36 billion. The electronics components distributor posted a 1.0% year-over-year rise in quarterly sales, although its adjusted operating income margin narrowed…

MarketAxess Holdings Inc. (NASDAQ:MKTX) reported stronger-than-expected second-quarter results on Wednesday, though its shares dropped 2.8% in pre-market trading amid concerns over repositioning costs. The electronic fixed-income trading platform posted adjusted earnings of $2.00 per share, slightly beating analyst projections of $1.97. Revenue hit a new high of $219.5 million, narrowly surpassing the consensus estimate of…