ADVFN US – Market Content Editor
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Dow Jones, S&P, Nasdaq, Wall Street Set for Cautious Start as Fed Decision and Big Tech Earnings Loom
Stock futures in the U.S. were little changed on Wednesday morning, pointing to a flat open as investors brace for a key Federal Reserve policy announcement and a batch of high-profile tech earnings later in the day. The lack of early momentum comes after a modest retreat in the prior session, with traders largely opting…
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Leonardo DRS surpasses Q2 forecasts and upgrades 2025 outlook
On Wednesday, Leonardo DRS, Inc. (NASDAQ:DRS) announced second-quarter results that outperformed analyst predictions, reporting adjusted earnings per share of $0.23 compared to the consensus estimate of $0.21, alongside revenue of $829 million, slightly above the anticipated $827.46 million. The defense technology company posted a 10% year-over-year increase in revenue for the quarter ending June 30,…
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Apple may raise iPhone 18 prices after strong Q2 demand, says Jefferies
Analysts at Jefferies suggest Apple could increase prices for the upcoming iPhone 18 models following robust second-quarter demand and rising costs. Jefferies noted about 22% year-over-year growth in equipment sales from major U.S. telecoms during Q2 2025—the highest in six quarters—attributed to a “pull-in” ahead of potential tariffs. This indicates that industry trackers like Counterpoint…
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Littelfuse shares climb 2% after Q2 earnings beat estimates
Littelfuse, Inc. (NASDAQ:LFUS) reported second-quarter earnings on Wednesday that significantly surpassed analyst expectations, fueled by robust growth across all segments. Shares rose 2.12% in pre-market trading following the results. The electrical components maker delivered adjusted earnings per share of $2.85, well above the consensus estimate of $2.33. Revenue increased 9.8% year over year to $613…
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Virtu Financial surpasses Q2 forecasts as trading income jumps
On Wednesday, Virtu Financial, Inc. (NYSE:VIRT) reported second-quarter results that outpaced analyst expectations, driven by a significant surge in trading income. Shares rose 1.20% in pre-market trading following the announcement. The financial services firm posted adjusted earnings per share of $1.53 for the quarter, beating the consensus estimate of $1.40. Revenue soared to $999.6 million,…
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WEC Energy surpasses Q2 expectations, maintains 2025 outlook
WEC Energy Group (NYSE:WEC) reported second-quarter earnings that exceeded analyst forecasts on Wednesday, boosted by warmer summer weather and enhanced operational efficiencies. Following the announcement, the Milwaukee-based utility’s stock rose 0.80% in after-hours trading. The company posted adjusted earnings of $0.76 per share for the quarter, outpacing the consensus estimate of $0.72. Revenue climbed to…
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Chefs’ Warehouse shares climb 3% following stronger-than-expected Q2 results
Chefs’ Warehouse Inc. (NASDAQ:CHEF) announced second-quarter earnings and revenue that surpassed analyst projections on Wednesday, boosting its stock nearly 3% in pre-market trading. The specialty food distributor reported adjusted earnings per share of $0.52 for the quarter, beating the consensus estimate of $0.45. Revenue increased 8.4% year over year to $1.03 billion, topping forecasts of…
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Garmin shares jump as Q2 results surpass estimates and guidance lifted
Garmin Ltd. (NYSE:GRMN) shares climbed 5.4% on Wednesday after reporting second-quarter results that well exceeded analyst expectations, prompting the company to raise its full-year guidance. This strong performance was driven by robust demand across all of Garmin’s business segments. The company, known for navigation and wearable technology, posted adjusted earnings of $2.17 per share, comfortably…
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Teva Pharma shares climb 3% after Q2 earnings surpass expectations
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) saw its shares rise 3.08% in pre-market trading on Wednesday following better-than-expected second-quarter earnings, reflecting progress in its ongoing “Pivot to Growth” strategy. The Israeli pharmaceutical company reported adjusted earnings per share of $0.66, exceeding analyst forecasts of $0.63. Revenue reached $4.2 billion, slightly under the consensus estimate of $4.28…
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Penske Automotive beats Q2 earnings forecasts as service revenue climbs
On Wednesday, Penske Automotive Group (NYSE:PAG) announced second-quarter earnings that surpassed analyst predictions, fueled by strong results in its service and parts segment despite flat overall revenue. The global transportation services provider reported earnings of $3.78 per share for the quarter, topping the analyst consensus of $3.59 by $0.19. Revenue held steady at $7.7 billion…