News

Within its Investor Day presentation slides, JPMorgan Chase (JPM) slightly increased its FY25 NII guidance to $94.5 bln from a prior outlook of $94.0 bln, while reaffirming its guidance of ...
Sanmina (SANM) is trading sharply lower following the announcement of its $3.0 bln acquisition of ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices (AMD), ...
The equity futures market is presaging a lower start for stocks, and Treasuries are largely to blame for that on account of a Moody's downgrade of the U.S. credit rating to Aa1 from Aaa that has sent ...
Take-Two's (TTWO) 4Q25 earnings were clouded by significant non-cash impairment charges, rendering the GAAP EPS of ($21.08) incomparable to analysts' expectations. These charges, including $3.55 bln ...
The Semiconductor Systems segment -- AMAT's largest revenue driver -- posted Q2 revenue of $5.26 bln, up 7% yr/yr, but slightly below analysts' expectations. This segment, which manufactures equipment ...
The drive for five is on during an options expiration day that Goldman Sachs says is the biggest May expiration ever, according to CNBC. That would be five straight winning sessions for the S&P 500, ...
Doximity (DOCS -11%) wrapped up FY25 on a solid note for Q4 (Mar). However, this operator of a digital platform for medical professionals disappointed investors with downside revenue guidance for both ...
The stock market settled in mixed fashion. The Dow Jones Industrial Average closed fractionally lower, the Nasdaq Composite logged a 0.7% gain, and the S&P 500 settled little changed from yesterday.
Dick's Sporting Goods (DKS) is selling off sharply, while Foot Locker (FL) is soaring after DKS announced its intention to acquire FL for approximately $2.4 bln, or $24 per share, marking a ...
The stock market closed sharply higher across the board. The Dow Jones Industrial Average was more than 1,100 points higher than Friday's close. The S&P 500 jumped 3.3% and the Nasdaq Composite closed ...
CAVA Group (CAVA -6%) is lower despite upside Q1 results last night. This Mediterranean fast-casual restaurant chain beat on EPS and revenue. CAVA also increased its FY25 adjusted EBITDA outlook a bit ...
*The Fed kept its key interest rate unchanged at 4.25-4.50%, maintaining a cautious stance. *Economic uncertainty has increased; risks of higher unemployment and inflation have both risen. *The Fed ...