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June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.69% this morning as sentiment improved after Treasury yields retreated from multiyear highs, with attention now turning to an earnings report from chip giant Nvidia.
Mediterranean fast-casual restaurant chain CAVA Group, Inc. (NYSE:CAVA) stock traded higher in premarket action Wednesday after the company reported first-quarter results that topped Wall Street expectations and raised its full-year outlook. First-Quarter Results Beat Estimates The company reported first-quarter revenue of $438.27 million, surpassing the analyst consensus estimate of $411.25 million. Adjusted earnings came in at 20 cents per share, above analysts' expectations of 17 cents per sh
U.S. markets are poised to open with gains on Wednesday as bond yields slipped and oil prices fell. Futures for the S&P 500 rose 0.4% while futures for the Dow Jones Industrial Average edged 0.2% higher and Nasdaq futures jumped 0.7%.
BABA's Q4 earnings miss estimates as heavy AI, cloud and commerce investments hit margins, despite revenue growth and strong cloud and quick commerce momentum.
