ADVFN US – Market Content Editor
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Oil Prices Edge Higher Before Trump-Putin Talks, But Weekly Losses Loom
Crude prices ticked up on Thursday as traders watched for potential supply impacts from an upcoming meeting between the U.S. and Russian presidents. By 08:45 ET (12:45 GMT), Brent crude futures for October delivery were up 0.5% at $65.94 per barrel, while West Texas Intermediate futures gained 0.5% to $62.97. Despite the day’s gains, both…
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U.S. Producer Prices Jump in July, Jobless Claims Edge Lower
Producer prices in the United States surged more than anticipated in July, according to data released Thursday by the Labor Department. The department reported that its Producer Price Index (PPI) for final demand climbed 0.9% last month, snapping back from a flat reading in June. Analysts had only expected a modest 0.2% gain. On an…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Slip as Hotter Wholesale Inflation Tempers Rate-Cut Optimism
U.S. stock index futures were under pressure Thursday morning, signaling a pullback after two straight sessions of gains, as investors digested stronger-than-expected wholesale inflation data. The selling pressure followed a Labor Department report showing U.S. producer prices rose sharply in July. The Producer Price Index (PPI) for final demand jumped 0.9% for the month, after…
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Advance Auto Parts Falls as Full-Year Outlook Dulls Q2 Gains
Advance Auto Parts (NYSE:AAP) shares dipped about 1% in pre-market trading after the company reported a softer-than-expected full-year profit forecast, which offset its stronger second-quarter results. The automotive aftermarket retailer posted earnings per share of $0.69 for Q2, surpassing the analyst estimate of $0.53. Revenue totaled $2 billion, down from $2.2 billion in the same…
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QXO Surpasses Q2 Expectations with $0.11 EPS, Revenue Hits $1.91 Billion
QXO, Inc. (NYSE:QXO) reported adjusted earnings per share of $0.11 for the second quarter of 2025, comfortably above analysts’ $0.04 estimate. Revenue reached $1.91 billion, beating the consensus projection of $1.88 billion. Despite the strong results, the company’s shares slipped 0.14% in pre-market trading following the announcement. The surge in revenue comes after QXO completed…
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Deere Revises Full-Year Profit Forecast; Shares Drop
Deere & Company (NYSE:DE) reported stronger-than-expected third-quarter results on Thursday, yet its shares fell 5% after the farm equipment manufacturer narrowed its full-year profit outlook due to persistent market uncertainties. The agricultural machinery leader posted adjusted earnings of $4.75 per share for the quarter ending July 27, 2025, surpassing analyst expectations of $4.58. Revenue totaled…
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Southwest Airlines Sells Renewable Fuels Division to Conestoga Energy
Southwest Airlines Co. (NYSE:LUV) has sold its renewable fuels division to Conestoga Energy as the airline scales back its climate initiatives after years of slow industry progress, Bloomberg News reported Thursday. According to the report, Conestoga Energy—a leading provider of low-carbon biofuels—acquired Saffire Renewables LLC from Southwest Airlines Renewable Ventures. The terms of the transaction…
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NiCE Shares Climb After Q2 Earnings Beat, Full-Year EPS Outlook Raised
NiCE (NASDAQ:NICE) reported second-quarter 2025 results that surpassed analyst expectations on Thursday, prompting the company to raise its full-year earnings guidance while keeping revenue forecasts steady. Shares rose 1.7% in reaction to the announcement. The customer experience software provider posted adjusted earnings per share of $3.01, topping the analyst consensus of $2.99. Revenue reached $726.7…
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Amcor Falls Short in Q4 but Projects Strong Fiscal 2026 Growth
Amcor plc (NYSE:AMCR) reported fourth-quarter adjusted earnings that came in below analyst expectations on Thursday, though the packaging giant offered a positive outlook for fiscal 2026 following its acquisition of Berry Global. Shares dipped 0.5% in premarket trading after the earnings release. For the quarter ending June 30, Amcor posted adjusted EPS of $0.20, missing…
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JD.com Q2 Revenue Exceeds Estimates on Strong Consumer Activity; Shares Rise
JD.com (NASDAQ:JD) shares climbed 2% in premarket trading Thursday after the Chinese e-commerce giant reported second-quarter results that outpaced expectations. The company posted non-GAAP diluted net income per American Depositary Share (ADS) of RMB 4.97 (US$0.69) for Q2 2025, well above the consensus estimate of RMB 3.56. Net revenues rose 22.4% year-over-year to RMB 356.7…