ADVFN US – Market Content Editor
-
Marsh Shares Gain Over 2% After Q1 Revenue and Earnings Beat
Marsh (NYSE:MRSH) reported first-quarter results on Thursday that came in ahead of analyst expectations, lifting its shares by 2.24% in pre-market trading. The global risk and consulting firm posted adjusted earnings per share of $3.29, exceeding the consensus estimate of $3.24 by $0.05. Revenue reached $7.6 billion, surpassing forecasts of $7.42 billion and marking an…
-
Travelers Tops Q1 Estimates but Shares Dip on Outlook Concerns
The Travelers Companies Inc. (NYSE:TRV) reported first-quarter results on Thursday that exceeded analyst expectations, although its shares slipped 1.95% in pre-market trading following the release. The insurer posted adjusted earnings per share of $7.71, well above the $6.97 consensus estimate, while revenue reached $11.92 billion, beating forecasts of $10.75 billion. Revenue rose 1% year on…
-
Charles Schwab Tops Q1 Forecasts on Strong Client Activity
The Charles Schwab Corporation (NYSE:SCHW) delivered first-quarter results ahead of analyst expectations, supported by high levels of client engagement and record trading volumes. The firm reported adjusted earnings per share of $1.43, beating the $1.39 consensus by $0.04. Revenue reached a record $6.48 billion, slightly above the $6.47 billion forecast and up 16% from $5.6…
-
Aehr Test Systems Jumps on Record AI Chip Order Worth $41M
Aehr Test Systems (NASDAQ:AEHR) shares surged 14% on Thursday after the company announced a record-breaking $41 million production order from its leading hyperscale AI customer, focused on package-level burn-in testing for custom AI processor ASICs. The contract, the largest in Aehr’s history, covers Sonoma high-power package-level test and burn-in systems, as well as burn-in modules…
-
Abbott Shares Slip on Weaker Q2 Outlook Despite In-Line Q1 Results
Abbott Laboratories (NYSE:ABT) reported first-quarter earnings on Wednesday that met analyst expectations, while revenue came in slightly ahead of forecasts. However, the stock moved lower after the company issued softer-than-expected guidance for the current quarter. Shares were down 3% in premarket trading as of 07:39 ET. The company posted earnings of $1.15 per share for…
-
ManpowerGroup Tops Q1 Estimates as Revenue Climbs
ManpowerGroup Inc. (NYSE:MAN) reported first-quarter results on Thursday that came in ahead of analyst expectations, with adjusted earnings per share of $0.51 exceeding the $0.49 consensus and revenue of $4.51 billion topping forecasts of $4.41 billion. Shares of the company rose 1.46% in pre-market trading following the announcement. Revenue increased 10% year on year on…
-
Oracle Shares Rise on AWS Partnership and Broader Tech Momentum
Oracle (NYSE:ORCL) gained 3.8% on Thursday morning, supported by strength across the technology sector and news of an expanded multicloud networking partnership with Amazon Web Services. Under the agreement, the two companies plan to link Oracle Interconnect with AWS Interconnect–multicloud, allowing customers to establish private, high-speed connections for running applications and transferring data between Oracle…
-
US Jobless Claims Fall Sharply Below Forecasts
New data from the Labor Department released Thursday showed that initial filings for U.S. unemployment benefits declined more than anticipated in the week ending April 11. First-time jobless claims dropped to 207,000, down by 11,000 from the prior week’s revised figure of 218,000. Economists had expected a more modest decline to 215,000, compared with the…
-
Wall Street Set for Further Gains as U.S.-Iran Talk Optimism Builds: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures point to a slightly higher open on Thursday, suggesting equities could build on the strong rally seen in recent sessions. Markets appear poised to carry forward the positive momentum that pushed both the Nasdaq and S&P 500 to record closing highs on Wednesday. Investors remain hopeful about a potential second round of…
-
U.S. Bancorp Shares Slip Despite Q1 Earnings Beat
U.S. Bancorp (NYSE:USB) reported first-quarter results on Thursday that came in ahead of analyst expectations, though its shares moved lower in pre-market trading. The stock declined 1.10% following the announcement. The bank posted adjusted earnings per share of $1.18, exceeding the consensus estimate of $1.15 by $0.03. Revenue totaled $7.29 billion, slightly above the $7.28…