ADVFN US – Market Content Editor

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 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 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 (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 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 (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…

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 (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…

Gold prices showed little movement in Asian markets on Wednesday, holding steady after earlier losses as investors remained cautious ahead of the Jackson Hole central bank symposium. Heightened uncertainty over U.S. interest rates kept traders largely on the sidelines. Even as global equity markets faced sharp declines this week, demand for gold was muted, with…

Oil prices rose in early Asian trading on Wednesday, supported by a bigger-than-expected decline in U.S. crude inventories and hopes that renewed Russia-Ukraine negotiations could influence sanctions and global supply flows. By 21:33 ET (01:33 GMT), October Brent futures were up 0.4% at $66.02 per barrel, while WTI crude added 0.3% to reach $61.94 per…