ADVFN US – Market Content Editor
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Marqeta Shares Drop Amid Intense Short Seller Scrutiny
Marqeta (NASDAQ:MQ) saw its stock fall sharply by 7% following a critical report from short seller J Capital Research, which questioned the sustainability of the company’s business model and raised regulatory concerns. The report portrays Marqeta as a payment processor that heavily depends on partnerships with smaller banks within the Banking as a Service (BaaS)…
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Nike to Restart Direct Sales on Amazon, Analysts Respond Positively
Nike (NYSE:NKE) is set to resume selling its products directly on Amazon (NASDAQ:AMZN), marking a return to the e-commerce giant after ending its previous partnership in 2019. This development, confirmed by an Amazon spokesperson and first reported by The Information, has been welcomed by Wall Street analysts as a strategic move under new CEO Elliott…
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Ralph Lauren Shares Climb After Strong Q4 Results; Issues Preliminary Outlook
Shares of Ralph Lauren (NYSE:RL) rose approximately 3% in early trading on Thursday following the luxury apparel company’s better-than-expected fourth-quarter results for fiscal year 2025. The company reported earnings per share of $2.27 for Q4, surpassing analyst projections of $2.04. Revenue also beat estimates, coming in at $1.7 billion compared to the consensus of $1.64…
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House Approves Controversial Republican Tax and Spending Bill by Slim Margin
On Thursday morning, the U.S. House of Representatives passed President Donald Trump’s sweeping tax and spending legislation by the razor-thin margin of 215 to 214, following intense debate among Republican lawmakers who control the chamber. One representative abstained by voting “present,” and all Democrats opposed the measure. The bill now heads to the Senate, where…
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U.S. Unemployment Benefit Claims Unexpectedly Down
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th. The Labor Department said initial jobless claims edged down to 227,000, a decrease of 2,000 from the previous week’s unrevised level of 229,000. The dip surprised economists, who…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May See Further Downside As Treasury Yields Continue To Rise
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Thursday, with stocks likely to see further downside following the pullback seen over the two previous sessions. Concerns about a recent surge by treasury yields may continue to weigh on Wall Street, as the thirty-year…
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Lightspeed Commerce Announces mixed Q4 results, Gives Q1 Guidance
Lightspeed Commerce Inc. (NYSE:LSPD) reported mixed results for the fourth quarter on Thursday and offered first-quarter revenue guidance that aligned with analyst expectations. Following the earnings announcement, the company’s stock remained flat in after-hours trading. Lightspeed, a commerce platform provider, posted adjusted earnings per share of $0.10, just shy of analyst forecasts by a penny.…
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Analog Devices Shares Rise As Company Beats Earnings And Revenue Expectations
Analog Devices (NASDAQ:ADI) shares jumped over 3% in premarket trading Thursday after the semiconductor firm reported stronger-than-expected results for its fiscal second quarter of 2025, along with a positive forecast for the upcoming quarter. The company posted adjusted earnings per share of $1.85, beating the analyst consensus estimate of $1.70. Revenue totaled $2.64 billion, surpassing…
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CorVel reports Q4 earnings Exceed Last Year, Revenue Up 12% YoY
CorVel Corporation (NASDAQ:CRVL) announced fourth-quarter earnings on Thursday that surpassed last year’s performance, with revenue growing 12% year-over-year. Following the announcement, CorVel’s stock edged up 0.18% in pre-market trading. For the quarter ending March 31, 2025, the healthcare management and network solutions provider posted earnings per share (EPS) of $0.51, up from $0.37 in the…
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Titan Machinery’s Stock Rises 3% As Q1 Results Beat Expectations
Titan Machinery Inc. (NASDAQ:TITN) reported fiscal first-quarter results on Thursday that exceeded Wall Street’s expectations, causing the company’s stock to rise 3.06% in pre-market trading. For the quarter ending April 30, the agricultural and construction equipment supplier posted a loss of $0.58 per share, outperforming analyst predictions of a $0.91 loss. Revenue reached $594.3 million,…