ADVFN US – Market Content Editor
-
Coinbase slips after JPMorgan cuts target, flags tougher crypto backdrop
Shares of Coinbase Global Inc. (NASDAQ:COIN) moved lower in premarket trading on Tuesday after JPMorgan trimmed its price target on the cryptocurrency exchange, pointing to a more challenging environment for digital assets. The stock was down 1.7% ahead of the open. JPMorgan reduced its target price by 27% to $290 from $399, while reiterating its…
-
Marriott shares climb more than 2% as overseas growth offsets softer U.S. demand
Marriott International (NASDAQ:MAR) posted fourth-quarter results on Tuesday showing that solid momentum in international markets helped counter slower conditions in the United States, lifting investor sentiment. Shares in the hotel group rose 2.13% in pre-market trading following the announcement. The world’s largest hotel operator reported adjusted earnings of $2.58 per share for the quarter, just…
-
Credo shares jump 18% after pre-announcement lifts revenue outlook
Shares of semiconductor connectivity specialist Credo Technology (NASDAQ:CRDO) surged after the company issued a bullish pre-announcement, flagging materially stronger quarterly revenue and lifting its near-term outlook — a move that pointed to rapidly accelerating growth. Credo said it now anticipates fiscal third-quarter revenue in the range of $404 million to $408 million, sharply higher than…
-
Harley-Davidson slides despite Q4 beat as cautious 2026 outlook rattles investors
Harley-Davidson (NYSE:HOG) saw its shares sink sharply on Tuesday after issuing downbeat guidance for 2026, overshadowing fourth-quarter results that came in ahead of expectations. The company is attempting to steady operations as retail demand softens and market conditions remain tough. The storied motorcycle brand’s stock dropped 8.14% in pre-market trading following the announcement. For the…
-
IBM introduces AI-powered enterprise storage systems with enhanced automation and security
IBM (NYSE:IBM) said on February 10 that it is rolling out three new enterprise storage platforms equipped with artificial intelligence tools aimed at cutting down manual storage administration. The new FlashSystem 5600, 7600 and 9600 models integrate what IBM calls FlashSystem.ai, a suite of AI agents designed to support and automate storage management tasks. The…
-
Coca-Cola revenue growth falls short in Q4, shares retreat
Coca-Cola (NYSE:KO) reported fourth-quarter net revenues that came in below market expectations, with the company saying it is laying the groundwork for “long-term success” as it prepares for a leadership transition later this year. Henrique Braun is set to assume the role of chief executive, taking the helm of the soft-drinks giant and brands such…
-
Xylem tops Q4 forecasts but strikes a cautious tone on 2026
Xylem Inc. (NYSE:XYL) reported fourth-quarter results on Tuesday that came in slightly ahead of expectations, though the water technology group offered a more measured outlook for the year ahead. The company posted adjusted earnings per share of $1.42, narrowly beating the consensus estimate of $1.41, while revenue reached $2.4 billion versus forecasts of $2.37 billion.…
-
Quest Diagnostics posts Q4 beat and upbeat outlook, lifting shares
Quest Diagnostics (NYSE:DGX) delivered fourth-quarter results that topped market expectations on Tuesday, supported by solid operational performance and forward revenue guidance that exceeded analysts’ forecasts. Shares of the diagnostic testing company climbed 2.33% in premarket trading following the announcement. Adjusted earnings came in at $2.42 per share, ahead of the $2.36 expected by analysts, while…
-
Alphabet completes pricing of $20 billion multi-tranche bond sale
Alphabet Inc. (NASDAQ:GOOG) has finalized the pricing of a $20 billion bond issuance split across seven tranches, with maturities stretching from 2029 through 2066, the company said in a statement. The offering comprises $2.5 billion of 3.700% notes due 2029, $3 billion of 4.100% notes maturing in 2031, $3 billion of 4.400% notes due 2033,…
-
CVS Health tops Q4 forecasts but trims operating cash flow outlook
CVS Health Corporation (NYSE:CVS) reported fourth-quarter results that came in ahead of market expectations, though the update was met with a cautious market reaction as the company lowered its outlook for operating cash flow. Shares slipped about 2.5% in premarket trading. The healthcare group delivered adjusted earnings of $1.09 per share for the quarter, beating…