ADVFN US – Market Content Editor

The U.S. trade balance improved more than analysts projected in June, as government data released Tuesday showed a notable drop in imports. According to the Commerce Department, the trade deficit narrowed to $60.2 billion for the month, down from a revised $71.7 billion in May. Economists had anticipated a smaller contraction, with forecasts pointing to…

Futures on major U.S. stock indexes indicate a slightly higher open Tuesday, suggesting traders are ready to extend the robust gains recorded in Monday’s session. Technology shares appear poised to keep climbing after Palantir (NASDAQ:PLTR) posted strong second-quarter results. The software company’s stock jumped nearly 7% in early trading following a nearly 50% increase in…

Intel (NASDAQ:INTC) is encountering difficulties with the production yield of its latest high-performance laptop chips, according to a report by Reuters. Only a small fraction of semiconductors made using Intel’s new manufacturing technique have met the quality standards required for consumer sales. Two insiders familiar with Intel’s test results told Reuters that the relatively low…

Coinbase Global (NASDAQ:COIN) saw its stock dip 1% Tuesday morning after the cryptocurrency exchange announced a $2 billion offering of convertible senior notes targeted at qualified institutional buyers. The offering consists of $1 billion in notes maturing in 2029 and another $1 billion due in 2032. Additionally, initial purchasers have the option to buy up…

Frontdoor, Inc. (NASDAQ:FTDR) reported second-quarter 2025 results on Tuesday that surpassed analyst expectations, driven by robust revenue growth and margin improvement. The home warranty provider’s shares rose 4.96% in pre-market trading following the announcement. The company posted adjusted earnings per share of $1.63, exceeding the consensus estimate of $1.45 by $0.18. Revenue climbed 14% to…

Organon (NYSE:OGN) reported second-quarter earnings Tuesday that surpassed analyst expectations and raised its full-year revenue guidance, while making notable strides in reducing debt. The company’s shares jumped 8.58% in pre-market trading following the announcement. The healthcare firm posted adjusted earnings of $1.00 per share, beating the consensus estimate of $0.94. Revenue reached $1.59 billion, slightly…

Public Service Enterprise Group (NYSE:PEG) reported second-quarter earnings Tuesday that surpassed analyst expectations, delivering non-GAAP operating earnings of $0.77 per share versus the $0.71 consensus. Revenue reached $2.8 billion, well above the $2.48 billion forecast. The New Jersey-based utility upheld its full-year 2025 non-GAAP operating earnings guidance of $3.94 to $4.06 per share, reflecting a…

Auddia Inc. (NASDAQ:AUUD) shares surged 46% Tuesday morning following news of a non-binding letter of intent for a business combination with Thramann Holdings, LLC, along with a corporate restructuring plan. The Boulder, Colorado-based company intends to transform into a holding company focused on delivering artificial intelligence and web3 efficiencies to its portfolio businesses. Under the…

Cummins Inc. (NYSE:CMI) reported second-quarter earnings on Tuesday that significantly outpaced analyst forecasts, with adjusted earnings per share of $6.43, beating estimates by $1.17. Revenue totaled $8.6 billion, surpassing the consensus estimate of $8.47 billion. Despite a 2% year-over-year revenue decline, the engine manufacturer achieved strong profitability, driven by record performances in its Power Systems…

Surgery Partners, Inc. (NASDAQ:SGRY) reported second-quarter earnings that surpassed analyst estimates on Tuesday, with adjusted earnings per share of $0.17, beating forecasts by $0.01. Revenue rose 8.4% year-over-year to $826.2 million, exceeding the consensus estimate of $819.45 million. The short-stay surgical facility operator saw same-facility revenues increase 5.1%, driven by a 3.4% rise in same-facility…