ADVFN US – Market Content Editor

Shares of Nucor Corp. (NYSE:NUE) climbed roughly 3% on Wednesday after the steelmaker issued a stronger-than-anticipated earnings forecast for the second quarter. The company said it expects earnings per share between $2.55 and $2.65, outperforming the Bloomberg consensus estimate of $2.30. Nucor indicated that profit growth is anticipated across all three of its main business…

Bitdeer Technologies Group (NASDAQ:BTDR) saw its stock fall by 6.3% in premarket trading after the cryptocurrency mining firm announced the pricing of its expanded $330 million convertible senior notes offering. The notes, carrying a 4.875% interest rate and maturing in 2031, are convertible into Class A shares at an initial price of $15.88—a 25% premium…

Shares of Korn Ferry (NYSE:KFY) climbed 2.2% in premarket trading on Wednesday after the global organizational consulting firm posted fourth-quarter results that topped Wall Street expectations and issued a confident forecast for the months ahead. For the fiscal fourth quarter ending April 30, the company reported adjusted earnings per share of $1.32, exceeding analysts’ consensus…

GMS Inc. (NYSE:GMS), a leading distributor of specialty building materials, announced its fiscal fourth-quarter 2025 results on Wednesday, revealing a mixed performance amid persistent challenges in its core markets. The company posted adjusted earnings per share of $1.29, comfortably beating analyst expectations of $1.11. However, quarterly revenue fell short, coming in at $1.33 billion, missing…

First-time claims for U.S. unemployment benefits edged modestly lower in the week ended June 14th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims dipped to 245,000, a decrease of 5,000 from the previous week’s revised level of 250,000. Economists had expected jobless claims to slip to…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a modestly higher open on Wednesday, with stocks likely to move back to the upside after coming under pressure over the course of the previous session. The upward momentum on Wall Street comes despite ongoing concerns about the ongoing…

Analysts at Citigroup emphasize that fluctuations in oil prices will play a crucial role in shaping stock market trends in the near future, as investors keep a close eye on the escalating tensions in the Middle East. In a recent client briefing, Citi noted that geopolitical conflicts such as the Israel-Iran confrontation typically have short-term…

Honda Motor Company (NYSE:HMC) announced a recall involving 259,033 vehicles in the United States after the U.S. National Highway Traffic Safety Administration (NHTSA) identified a potential safety issue with the brake pedal. The problem involves the brake pedal possibly shifting out of its intended position. This recall covers several models, including Acura TLX vehicles from…

Gold prices held firm during Wednesday’s Asian trading session as investors adopted a cautious approach ahead of the Federal Reserve’s anticipated announcement on interest rates. The metal’s status as a safe-haven asset gained strength amid escalating conflict between Israel and Iran, compounded by reports of possible direct U.S. military action in the region. Earlier this…

U.S. stock futures showed modest gains early Wednesday as investors navigated growing instability in the Middle East alongside anticipation of the Federal Reserve’s upcoming interest rate decision. By 3:30 a.m. ET, futures for the Dow Jones increased by 0.2%, while the S&P 500 and Nasdaq 100 futures climbed 0.3% each. Market Recap from Tuesday The…