ADVFN US – Market Content Editor
-
Moody’s Beats Q1 Forecasts as Revenue and Earnings Top Expectations
Shares of Moody’s Corporation (NYSE:MCO) rose 0.59% in premarket trading on Wednesday after the ratings agency reported first-quarter results that exceeded analyst expectations on both earnings and revenue. Adjusted earnings per share came in at $4.33, ahead of the $4.23 consensus estimate, while revenue reached $2.1 billion, slightly above forecasts of $2.07 billion. Total revenue…
-
USDA Partners with Palantir in $300m Deal to Upgrade Farm Services
The U.S. Department of Agriculture has entered into a $300 million Blanket Purchase Agreement with Palantir Technologies Inc. (NASDAQ:PLTR) to enhance how it delivers services to farmers under its National Farm Security Action Plan. The deal supports the USDA’s “One Farmer, One File” initiative, designed to streamline access to government programmes by reducing administrative complexity…
-
AT&T Tops Q1 Forecasts on Strong Revenue and Subscriber Gains
Shares of AT&T Inc. (NYSE:T) edged 0.8% higher after the telecom group reported first-quarter results that came in ahead of market expectations, driven by solid revenue growth and continued subscriber additions. Adjusted earnings per share were $0.57, beating the consensus estimate of $0.55, while revenue rose 2.9% year-on-year to $31.5 billion, also exceeding forecasts of…
-
Intuitive Surgical Tops Q1 Expectations, Shares Move Higher
Shares of Intuitive Surgical (NASDAQ:ISRG) rose 2.4% in premarket trading on Wednesday after the company reported first-quarter results that exceeded expectations on both revenue and earnings, supported by increased use of its robotic surgical systems. The Sunnyvale-based group, best known for its da Vinci robotic platforms used in minimally invasive procedures, also offers the Ion…
-
United Airlines Cuts 2026 Outlook as Fuel Costs Climb
Shares of United Airlines (NASDAQ:UAL) edged 1.2% higher in premarket trading on Wednesday, even after the carrier lowered its full-year earnings forecast, citing rising fuel costs driven by the Iran conflict. The airline now expects adjusted earnings for 2026 to come in between $7 and $11 per share, down from its previous guidance of $12…
-
Adobe Unveils $25bn Buyback, Shares Move Higher
Shares of Adobe Inc (NASDAQ:ADBE) rose more than 2% in premarket trading on Wednesday after the company introduced a new share repurchase programme worth up to $25 billion. The buyback initiative, which is set to run through April 2030, comes as the Photoshop developer looks to bolster investor confidence amid growing concerns over the impact…
-
Oil Holds Near $100 as Hormuz Disruptions Persist Despite Ceasefire Extension
Oil prices remained close to the $100 mark on Wednesday, as ongoing supply disruptions in the Strait of Hormuz kept markets tense despite U.S. President Donald Trump announcing an indefinite extension of the ceasefire with Iran. Brent crude, the global benchmark, rose 0.6% to $99.07 a barrel, while U.S. West Texas Intermediate gained 0.6% to…
-
Trump Extends Iran Ceasefire; United Margins Under Pressure — What’s Driving Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. equity indices moved higher after U.S. President Donald Trump announced an extension of the Iran ceasefire just ahead of its expiration. However, continued disruption to shipping through the Strait of Hormuz is keeping oil prices elevated, while rising fuel costs are weighing on airline profitability, including at United Airlines (NASDAQ:UAL).…
-
Ceasefire Uncertainty and Apple CEO Shakeup Pull Stocks Lower
U.S. stocks closed in the red on Tuesday as investors weighed the looming expiration of the U.S.-Iran ceasefire, a surprise leadership change at Apple, and the Senate confirmation hearing for Federal Reserve chair nominee Kevin Warsh. While a blockbuster earnings report from UnitedHealth Group provided a bright spot, it was not enough to offset broader…
-
US Retail Sales Surge 1.7% in March, Topping Forecasts as Consumer Spending Rises
The Commerce Department released a report on Tuesday showing retail sales in the U.S. surged by more than expected in the month of March. The report said retail sales shot up by 1.7 percent in March after climbing by an upwardly revised 0.7 percent in February. Economists had expected retail sales to jump by 1.4…