ADVFN US – Market Content Editor

  • Take-Two Shares Drop Following $1 Billion Stock Offering Announcement

    Take-Two Shares Drop Following $1 Billion Stock Offering Announcement

    Take-Two Interactive (NASDAQ:TTWO) saw its shares retreat in premarket trading Wednesday, after the company unveiled plans to raise $1 billion through a common stock offering. The stock slipped nearly 4% ahead of the market open, although it remains up by approximately 30% year-to-date. The gaming giant said it intends to use the capital for general…

  • Target Falls Short on Q1 Earnings, Slashes 2025 Forecast

    Target Falls Short on Q1 Earnings, Slashes 2025 Forecast

    Target Corp. reported disappointing first-quarter results on Wednesday, missing Wall Street estimates and revising its full-year outlook downward. The news weighed on the stock, which slipped 1.5% in premarket trading. For the quarter ending April 29, the retail giant posted adjusted earnings per share of $1.30, falling short of analysts’ expectations of $1.65. Revenue came…

  • Medtronic Beats Q4 Estimates but Misses Outlook; Plans Diabetes Unit Spinoff

    Medtronic Beats Q4 Estimates but Misses Outlook; Plans Diabetes Unit Spinoff

    Medtronic (NYSE:MDT) delivered stronger-than-expected results for the fourth quarter of fiscal 2025 but offered a full-year forecast that came in below Wall Street’s expectations. In a strategic shift, the medical technology company also revealed plans to spin off its Diabetes division. Shares of Medtronic edged up less than 1% in pre-market trading Wednesday following the…

  • Canada Goose Stock Jumps Over 6% After Beating Q4 Expectations

    Canada Goose Stock Jumps Over 6% After Beating Q4 Expectations

    Canada Goose Holdings Inc. (NYSE:GOOS) saw its shares soar 6.5% in pre-market trading on Wednesday, following the release of stronger-than-expected earnings for its fiscal fourth quarter. The luxury apparel brand posted adjusted earnings per share of C$0.33, handily outperforming analyst expectations of C$0.16. Quarterly revenue climbed 7.4% year-over-year to C$384.6 million, ahead of the C$355.05…

  • Dycom Industries Lifts Full-Year Guidance After Strong Q1 Revenue Growth

    Dycom Industries Lifts Full-Year Guidance After Strong Q1 Revenue Growth

    Dycom Industries (NYSE:DY) kicked off fiscal 2026 with solid results, reporting a 10.2% year-over-year revenue increase in its first quarter and raising its full-year forecast – moves that pushed the stock up 6.9% in early trading on Wednesday. For the quarter ending April 26, 2025, the specialty contractor brought in $1.259 billion in revenue, up…

  • Oil Prices Climb Amid Reports of Possible Israeli Strike on Iran’s Nuclear Sites

    Oil Prices Climb Amid Reports of Possible Israeli Strike on Iran’s Nuclear Sites

    Crude oil prices surged on Wednesday following media reports suggesting Israel may be preparing for a military strike on Iran’s nuclear facilities – a development that has reignited concerns over potential supply disruptions in the region. As of 07:35 ET, Brent crude futures rose 0.7% to $65.82 per barrel, while West Texas Intermediate (WTI) crude…

  • FinVolution Group Rises After Beating Q1 Expectations

    FinVolution Group Rises After Beating Q1 Expectations

    FinVolution Group (NYSE:FINV) shares saw a modest uptick in pre-market trading on Wednesday after the company reported first-quarter results that surpassed analyst forecasts. The Chinese fintech firm reported adjusted earnings per share of RMB2.97 ($0.41), a notable improvement from the same period last year, which saw no earnings. Revenue climbed 10% year-over-year to RMB3.48 billion…

  • Stifel Upgrades Home Depot to Buy Following Solid Q1 Earnings

    Stifel Upgrades Home Depot to Buy Following Solid Q1 Earnings

    Home Depot (NYSE:HD) received an upgrade from Stifel, which raised its rating from Hold to Buy after the home improvement giant released its Q1 fiscal 2025 earnings. The upgrade came on the heels of stronger-than-expected sales momentum, which boosted the firm’s confidence in Home Depot’s longer-term growth prospects. Stifel expressed surprise at the stock’s lackluster…

  • Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Pullback On Wall Street

    Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Pullback On Wall Street

    The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Wednesday, with stocks likely to see further downside following the moderate pullback in the previous session. Lingering uncertainty about the outlook for trade and the global economy may weigh on the markets following the surge…

  • Fortnite Reinstated on Apple’s U.S. App Store After Nearly Five-Year Absence

    Fortnite Reinstated on Apple’s U.S. App Store After Nearly Five-Year Absence

    Epic Games’ flagship title, Fortnite, is officially back on the U.S. App Store, ending a nearly five-year standoff between the game developer and Apple. The highly anticipated return, effective Tuesday, marks a significant legal and strategic victory for Epic Games following a prolonged antitrust dispute. The conflict began in 2020, when Epic deliberately circumvented Apple’s…