ADVFN US – Market Content Editor
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Thor Industries Shares Tick Higher After Beating Fiscal 1Q 2026 Estimates
Thor Industries, Inc. (NYSE:THO) posted quarterly results that exceeded analyst expectations on Thursday, sending the stock up 1.62% in pre-market trading. The recreational vehicle maker delivered a solid start to fiscal 2026, with revenue rising 11.5% year over year to $2.39 billion as the company continued to capture market share despite a still-fragile consumer backdrop.…
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Strategy Shares Climb as Saylor Shrugs Off MSCI Index Threat
Strategy (NASDAQ:MSTR) shares gained around 3% on Wednesday after Chairman Michael Saylor played down the potential impact of the company being dropped from MSCI’s equity benchmarks, a possibility that has weighed on sentiment in recent weeks. A rebound in bitcoin prices also helped lift the stock. MSCI is reviewing whether firms that primarily hold cryptocurrencies…
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GM Issues Recall for More Than 3,400 Silverado Trucks Missing Owner’s Manuals
General Motors (NYSE:GM) is recalling 3,408 vehicles after determining that certain trucks left the factory without an owner’s manual, according to a notice submitted to the National Highway Traffic Safety Administration (NHTSA). The recall covers select 2026 Chevrolet Silverado models, including the 1500, 2500, and 3500 series. NHTSA stated that the omission places the affected…
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Rivian Recalls Nearly 35,000 U.S. Vehicles Over Faulty Seat Belt Pretension Cable
Rivian Automotive (NASDAQ:RIVN) is recalling 34,824 vehicles across the United States after discovering a defect in the driver’s seat belt pretension cable that could prevent the restraint system from functioning properly during a crash, increasing the likelihood of injury. The U.S. National Highway Traffic Safety Administration (NHTSA) announced the recall on Wednesday, noting that the…
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Okta Shares Dip Despite Solid Q3 Performance and Boosted Full-Year Forecast
Okta Inc. (NASDAQ:OKTA) delivered quarterly results on Wednesday that topped analyst expectations and came with a stronger full-year outlook, supported by steady enterprise demand and rising adoption of its identity governance and AI-driven security offerings.Despite the beat, shares fell more than 3% in premarket trading. For its fiscal third quarter, the identity-management company reported non-GAAP…
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GitLab Stock Slides Premarket Despite Strong Q3 Beat and Higher Full-Year Outlook
GitLab Inc. (NASDAQ:GTLB) saw its shares drop 8% in premarket trading Wednesday, even as the software company delivered another quarter of outperformance and raised its full-year revenue forecast. The DevSecOps provider reported non-GAAP earnings of $0.25 per share for fiscal Q3, topping analyst estimates by $0.05. Revenue climbed 25% year over year to $244.4 million,…
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Oil Edges Higher as Markets Doubt Progress in Russia-Ukraine Negotiations, Leaving Sanctions Intact
Oil prices moved higher on Wednesday, recovering from earlier declines, as traders increasingly expect that Russia-Ukraine peace discussions will fail to produce any breakthrough that could lift sanctions on Russian crude. Gains, however, were tempered by persistent worries about excess global supply. By 08:16 GMT, Brent crude was up 26 cents, or 0.4%, at $62.71…
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Gold Holds Firm as Traders Look Ahead to Key U.S. Data and Fed Policy Call
Gold prices were little changed in Asian trading on Wednesday, with market participants largely in wait-and-see mode before a series of important U.S. economic releases and next week’s Federal Reserve meeting, where a rate cut is widely expected. By 02:45 ET (07:45 GMT), spot gold was essentially flat at $4,204.55 per ounce, while U.S. gold…
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Bitcoin Jumps Back Above $93,000 as Regulatory Signals and Fed Cut Expectations Lift Sentiment
Bitcoin (COIN:BTCUSD) vaulted past the $93,000 threshold on Wednesday, staging a strong comeback after Monday’s sharp plunge toward $84,000. The recovery was supported by renewed optimism around U.S. regulatory developments as well as growing conviction that the Federal Reserve could lower interest rates in the coming days. By 02:19 ET (07:19 GMT), the benchmark cryptocurrency…
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Dollar Edges Lower as Markets Brace for Dovish Fed; Pound Holds Firm
The U.S. dollar drifted lower on Wednesday, with traders increasingly confident that the Federal Reserve will trim rates next week, while the British pound continued to benefit from its post-budget momentum. At 04:30 ET (09:30 GMT), the Dollar Index — a gauge of the greenback against six major peers — slipped 0.2% to 99.107, putting…