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Kratos reported second-quarter earnings per share of 21 cents, up from 11 cents a year ago. Wall Street was looking for 14 cents.
Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms continued to enjoy a revival after a month-long rout, with confidence also boosted by the prospect of an imminent deal to reopen the Strait of Hormuz.Crude tumbled more than five percent Tuesday -- and are down more than 10 percent this week -- after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.
Shares of one automation technology provider slipped after earnings, while another jumped. The new $13.15 midpoint implies fourth quarter earnings per share of about $3.60. Shares of automation technology provider Zebra Technologies were up 20% at $350 after it reported better-than-expected fiscal second-quarter numbers.
Tesla and SpaceX have a lot of overlap. Both companies are all about AI and, of course, both are run by Elon Musk.
Aug 4 (Reuters) - Nasdaq futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings
U. S. stock futures traded higher on Tuesday following a positive start to the week on Wall Street, as investors weighed ongoing uncertainty surrounding the Middle East against another wave of corporate earnings.
Strong tech earnings pushed the Nasdaq to a two-day gain of 3.8%. The S&P 500 finishes flat in July.
U.S. stocks rose despite a rout in Apple shares as Amazon’s earnings kept the artificial-intelligence recovery rolling. The broad S&P 500 gained 52.09 points, or 0.70%, to 7489.72 and the tech-heavy Nasdaq Composite added 251.68 points, or 1%, to 25373.85. The yield on the 30-year bond rose 0.068 percentage point to 5.274%, completing its largest monthly gain since December 2024.
Plus, Tesla considers sale of China business and Anthropic discloses that its software hacked three companies.
Strong cloud results lifted Amazon and chipmakers, while Apple's service revenue shortfall sent its stock lower ahead of Friday's open
The Dow is up on the day despite 21 of its components trading lower. The nine components in the green were doing the heavy lifting, driving the blue chip index's 0.3%, or 151 point, rise. One of the Dow's heaviest-weighted components saw gains that helped offset the majority of underlying stocks falling.
Solstice, a cooling technology supplier, reported adjusted EPS of 88 cents. Wall Street was looking for 77 cents.
Ford announced an operating profit of $2.5 billion from sales of $48.3 billion. Things look OK for the U.S. car business.