ADVFN US – Market Content Editor

  • Jiayin Group Delivers Strong Q2 with Loan Growth Surpassing 54%, Revenue Jumps 27%

    Jiayin Group Delivers Strong Q2 with Loan Growth Surpassing 54%, Revenue Jumps 27%

    Jiayin Group Inc. (NASDAQ:JFIN), a prominent fintech platform based in China, posted robust second-quarter earnings on Wednesday, highlighted by a 54.6% year-over-year surge in loan facilitation volume to RMB37.1 billion (US$5.2 billion). Net revenue climbed 27.8% to RMB1.89 billion (US$263.3 million). Following the report, Jiayin’s shares rose 0.93% in after-hours trading. Operating income soared 181.4%…

  • Dayforce Shares Climb on Confirmation of Takeover Talks with Thoma Bravo

    Dayforce Shares Climb on Confirmation of Takeover Talks with Thoma Bravo

    Dayforce (NYSE:DAY) shares gained 2.7% Wednesday morning after the human capital management company confirmed it is in “advanced discussions” with private equity firm Thoma Bravo about a potential buyout. The company disclosed it is negotiating a go-private transaction at a proposed price of US$70 per share. The announcement follows a Bloomberg report earlier this week…

  • Dycom Shares Drop Despite Record Q2 Earnings as Guidance Disappoints

    Dycom Shares Drop Despite Record Q2 Earnings as Guidance Disappoints

    Dycom Industries, Inc. (NYSE:DY) posted record-breaking second-quarter results on Wednesday that topped Wall Street forecasts, but its decision to keep full-year guidance unchanged weighed on investor sentiment. Shares slipped 4.3% in premarket trading following the release. The specialty contracting services company reported adjusted earnings per share of $3.33, far above analyst expectations of $2.67. Revenue…

  • McDonald’s Strikes Deal With Franchisees to Cut Prices on Combo Meals – Report

    McDonald’s Strikes Deal With Franchisees to Cut Prices on Combo Meals – Report

    McDonald’s Corporation (NYSE:MCD) and its franchise partners have reportedly reached a deal to trim prices on a selection of popular menu bundles, according to the Wall Street Journal. The agreement will see eight well-known combo meals discounted by 15%, with the fast-food giant also preparing to roll out limited-time $5 and $8 specials as part…

  • Target Stock Slumps After CEO Succession News and Ongoing Sales Pressures

    Target Stock Slumps After CEO Succession News and Ongoing Sales Pressures

    Target Corporation (NYSE:TGT) shares slid more than 10% in premarket trading on Wednesday after the retailer unveiled a leadership transition alongside quarterly results that, while narrowly topping forecasts, underscored continued weakness in sales. For the fiscal second quarter, Target reported adjusted earnings of $2.05 per share, just above analyst expectations of $2.04. Revenue reached $25.2…

  • Apple shares dip as foreign-branded phone sales in China fall sharply

    Apple shares dip as foreign-branded phone sales in China fall sharply

    Apple (NASDAQ:AAPL) saw its stock decline 0.5% in premarket trading on Wednesday after data indicated a significant drop in foreign-branded phone sales in China, one of the company’s key markets. New figures released by the China Academy of Information and Communications Technology (CAICT), a government-affiliated research body, show that shipments of foreign-branded smartphones in China…

  • Lowe’s shares climb as Q2 results surpass estimates, revenue outlook raised

    Lowe’s shares climb as Q2 results surpass estimates, revenue outlook raised

    Lowe’s Companies, Inc. (NYSE:LOW) reported stronger-than-expected results for the second quarter on Tuesday, with adjusted earnings per share topping analyst projections and the company boosting its revenue forecast for the full year. Following the announcement, shares of the home improvement retailer rose 1%. For the quarter ending August 1, 2025, Lowe’s posted adjusted diluted EPS…

  • Estee Lauder Shares Plunge Over 10% Following Profit Forecast Cut

    Estee Lauder Shares Plunge Over 10% Following Profit Forecast Cut

    Estee Lauder (NYSE:EL) saw its stock drop more than 10% on Wednesday after the beauty giant revised its annual profit outlook below Wall Street estimates, citing continued softness in demand across the U.S. and China and lingering tariff uncertainties. The company flagged around $100 million in expected profit pressures for fiscal 2026, despite efforts to…

  • Dollar Edges Up Ahead of Fed Minutes; Sterling Gains on UK Inflation Surge

    Dollar Edges Up Ahead of Fed Minutes; Sterling Gains on UK Inflation Surge

    The U.S. dollar saw modest gains Wednesday as investors looked ahead to the release of the Federal Reserve’s latest policy meeting minutes and the Jackson Hole symposium for guidance on the central bank’s next steps. By 04:55 ET (08:55 GMT), the Dollar Index—which tracks the greenback against a basket of six major currencies—was trading 0.1%…

  • Toll Brothers Tops Q3 Earnings but Orders Fall Short, Outlook Mixed

    Toll Brothers Tops Q3 Earnings but Orders Fall Short, Outlook Mixed

    Toll Brothers (NYSE:TOL) posted third-quarter earnings and revenue that exceeded Wall Street expectations on Tuesday, though new orders lagged projections and the company trimmed its full-year closings forecast. Shares of the upscale homebuilder fell 2% in premarket trading as of 04:52 ET (08:52 GMT). The company reported earnings of $3.73 per share for the quarter…