ADVFN US – Market Content Editor
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JetBlue Raises Q3 2025 Outlook on Strong Summer Travel Demand
JetBlue Airways Corporation (NASDAQ:JBLU) has updated its third-quarter 2025 financial guidance, raising key metrics following robust summer travel demand and improved operational results. The airline reported that air travel demand remained strong throughout the peak summer season, with momentum extending through August and the Labor Day holiday. JetBlue highlighted particularly strong bookings within 14 days…
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T. Rowe Price Shares Climb After Goldman Announces $1 Billion Investment
T. Rowe Price Group Inc. (NASDAQ:TROW) stock rose 3% in pre-market trading Thursday after Bloomberg reported that Goldman Sachs Group Inc. (NYSE:GS) plans to acquire up to $1 billion of T. Rowe stock through a private-funds partnership. The deal could see Goldman purchase as much as 3.5% of T. Rowe’s outstanding shares via “a series…
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VinFast Falls Short of Q2 Earnings Estimates, Maintains 2025 Delivery Target
VinFast (NASDAQ:VFS) reported second-quarter earnings that missed analyst forecasts, even as revenue exceeded expectations, fueled by strong electric vehicle (EV) sales. The automaker posted a Q2 loss per share of $0.35, wider than the $0.26 loss per share anticipated by analysts. Revenues rose 91.6% year-on-year to VND16,609.3 billion ($663 million), surpassing the consensus estimate of…
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Figma Shares Drop 18% as Q2 Results Meet Expectations, Valuation Concerns Persist
Figma (NYSE:FIG) shares fell more than 18% at Thursday’s open after the design software company reported second-quarter results that met market expectations but did little to alleviate worries over its high valuation. The company posted revenue of $249.6 million for the quarter ended July, up 41% from the prior year, with operating income of $11.5…
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Pure Storage Shares Drop After Kerrisdale Takes Short Position
Pure Storage (NYSE:PSTG) saw its stock decline 3% Thursday morning after hedge fund Kerrisdale Capital disclosed a short position in the enterprise storage company. Kerrisdale published a detailed report questioning Pure Storage’s $27 billion market valuation and expressing doubts about its growth prospects. The fund argued that the company is losing competitive differentiation and that…
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Nektar Therapeutics Shares Soar After Sanofi’s Amlitelimab Falls Short
Nektar Therapeutics (NASDAQ:NKTR) saw its stock jump 13% Thursday morning following underwhelming clinical results from Sanofi’s (NASDAQ:SNY) amlitelimab therapy for atopic dermatitis. The surge appears to reflect Nektar’s strengthened competitive position. Although Sanofi’s amlitelimab met primary and secondary endpoints in its Phase 3 COAST-1 trial, market analysts noted the efficacy fell short of expectations. This…
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U.S. Private Sector Hiring Slows in August, Weekly Jobless Claims Rise
Private payroll growth in the U.S. came in weaker than anticipated in August, according to data released Thursday by ADP. The report showed private-sector jobs increased by 54,000 last month, well below July’s upwardly revised gain of 106,000. Economists had expected a stronger showing of about 65,000 new positions, compared with the 104,000 initially reported…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Awaits Jobs Data as Futures Signal Flat Start
U.S. equity futures were little changed early Thursday, suggesting a cautious open as investors hold back ahead of the Labor Department’s closely watched employment report due Friday. The August jobs report is expected to show payroll growth of 75,000, just above July’s gain of 73,000. The outcome could be pivotal for the Federal Reserve’s next…
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Apple App Store Revenue Sees 11.4% Increase in Q4 Fiscal 2025
Apple’s (NASDAQ:AAPL) App Store generated $6.0 billion in revenue during the fiscal fourth quarter of 2025, marking an 11.4% rise compared to the same period last year, according to SensorTower data covering the first 64 days of the quarter. Across iPhone and iPad devices, total downloads reached 6.4 billion, up 2.2% from the previous year.…
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Dollar steadies ahead of U.S. jobs data as markets weigh possible Fed cuts
The U.S. dollar held steady on Thursday following several volatile sessions, as traders adopted a cautious approach while awaiting crucial U.S. employment data and monitoring fragile global bond markets strained by high debt levels. At 04:50 ET (08:50 GMT), the dollar index, which tracks the greenback against a basket of major currencies, inched up 0.1%…