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Estee Lauder Stock Jumps After Merger Talks With Spain’s Puig End
The Wall Street Journal79d agobullish
Estee Lauder Stock Jumps After Merger Talks With Spain’s Puig End

Estee Lauder shares jumped more than 11% after hours on news that talks for it to acquire the Spanish beauty group Puig have been terminated. Lauder, whose brands include Clinique, M.A.C and Bobbi Brown Cosmetics, said Thursday that it instead remains focused on its turnaround efforts.

Ross Stores Lifts Outlook as Sales Jump
The Wall Street Journal79d agobullish
Ross Stores Lifts Outlook as Sales Jump

The discount retailer said it now expects comparable sales—or those from stores and digital channels operating for at least 12 months—to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.

IBM Shares Soar on US Funding for $2 Billion Quantum Push
Bloomberg79d agobullish
IBM Shares Soar on US Funding for $2 Billion Quantum Push

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

IBM Shares Soar on US Funding for $2 Billion Quantum Push
Bloomberg79d agobullish
IBM Shares Soar on US Funding for $2 Billion Quantum Push

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

Bloomberg79d agobullish
IBM Shares Soar on US Funding for $2 Billion Quantum Push

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

Investing.com79d agobullish
Zoom shares jump on earnings beat and raised guidance

Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM) reported first quarter results that exceeded analyst expectations and issued stronger-than-expected guidance, sending shares up 3% in after-hours trading Thursday.

Investing.com79d agobullish
Ross Stores surges on strong earnings and revenue beat

Investing.com -- Ross Stores Inc (NASDAQ:ROST) shares jumped 7% in after-hours trading Thursday after the off-price retailer reported first quarter results that significantly exceeded Wall Street expectations, driven by robust comparable store sales growth and strong customer traffic.

Workday beats first-quarter estimates on steady software demand
Reuters79d agobullish
Workday beats first-quarter estimates on steady software demand

Workday exceeded Wall Street expectations for first-quarter revenue and profit on Thursday, ‌as demand for its AI-powered finance and human ‌resources software services gathered pace, sending its shares up 7% in ​extended trading. The company, which specializes in HR and payroll software, has been adding AI features across its platform, betting that tools to automate tasks, generate job ‌descriptions, or analyze spending ⁠patterns will drive customer adoption and deepen usage. "Our focus remains on executing our agentic ⁠AI roadmap, while driving operational efficiencies as we scale," Chief Financial Officer Zane Rowe said in a ​statement.

Jensen Huang has bold new message after Nvidia Q1 beat
TheStreet79d agobullish
Jensen Huang has bold new message after Nvidia Q1 beat

There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...

Rare Earth Stocks Rally On Funding News, Fading China Fears
Investor's Business Daily79d agobullish
Rare Earth Stocks Rally On Funding News, Fading China Fears

Rare earth stocks continued to snap back early Thursday after a sharp recent sell-off tied to President Donald Trump's China visit and news that Beijing would address U.S. concerns that its export restrictions have resulted in shortages. USA Rare Earth, which announced new funding from the Department of Energy, MP Materials, Critical Metals and REalloys are all climbing. Beijing's export restrictions, especially for military uses of rare earths, have fueled pricing of some rare earths that is around 400% higher outside of China than within, William Blair analyst Neal Dingmann noted in a Wednesday report.

Home Buyers Hammered as War-Fueled Bond Rout Drives Rates Higher
Bloomberg80d agobullish
Home Buyers Hammered as War-Fueled Bond Rout Drives Rates Higher

(Bloomberg) -- Najimah Roberson, a lifelong renter, spent the past two years searching around Harrisburg, Pennsylvania, for a home she could afford — getting outbid nearly 30 times along the way.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs During Bid to Lead SpaceX IPONvidia Tells Skeptical Invest