ADVFN US – Market Content Editor

  • Dow Jones, S&P, Nasdaq, Wall Street Set for Cautious Start as Fed Decision and Big Tech Earnings Loom

    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…

  • Leonardo DRS surpasses Q2 forecasts and upgrades 2025 outlook

    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,…

  • Apple may raise iPhone 18 prices after strong Q2 demand, says Jefferies

    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…

  • Littelfuse shares climb 2% after Q2 earnings beat estimates

    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…

  • Virtu Financial surpasses Q2 forecasts as trading income jumps

    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,…

  • WEC Energy surpasses Q2 expectations, maintains 2025 outlook

    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…

  • Chefs’ Warehouse shares climb 3% following stronger-than-expected Q2 results

    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…

  • Garmin shares jump as Q2 results surpass estimates and guidance lifted

    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…

  • Teva Pharma shares climb 3% after Q2 earnings surpass expectations

    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…

  • Penske Automotive beats Q2 earnings forecasts as service revenue climbs

    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…