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Abercrombie & Fitch (NYSE:ANF) shares rose about 13% on Wednesday after the apparel retailer reported second quarter fiscal 2026 results that exceeded Wall Street expectations and raised its full-year outlook. The company reported adjusted earnings per diluted share of $4.17, compared...
Aug 26 (Reuters) - Meta Platforms agreed to pay a maximum $16.68 billion as part of a settlement to resolve claims brought by states across the country that the company designed Facebook and Instagram
The clothing retailer posted $4.17 in earnings per share for its fiscal second quarter, well above its prior outlook of $1.80 to $2.00
The Fed’s closely-watched inflation gauge revealed prices were a bit higher than expected in July--bond traders don't like that. After taking a breather on Tuesday, bonds are selling off yet again. Yield were up across the board on Wednesday morning; both the 2-year and 10-year yield were up by around 0.
Aug 26 (Reuters) - Meta Platforms reached a settlement to resolve claims brought by states across the country that the company designed Instagram and Facebook to addict children, misled consumers
Intuit Inc (INTU) delivers 14% revenue growth but guides to a slower fiscal 2027 as it prioritizes long-term AI platform bets and customer acquisition over near-term growth.
UBS has raised its equity index targets across every major region after a stronger-than-expected results season, and now expects earnings at S&P 500 companies to grow 25% this year. That is up from a previous forecast of around 20%. The Swiss bank's chief investment office, which advises...
The Federal Reserve's primary inflation gauge, the core PCE price index, showed no relief from price pressures ahead of Chairman Kevin Warsh's Friday speech at the annual Jackson Hole monetary policy symposium. Given that three Fed voters dissented from last month's decision to hold the benchmark interest rate steady, Warsh's ability to influence hawkish-leaning colleagues is in question. Unrounded, the core PCE price index rose 0.246%, just missing a rounding-up to 0.3%.
PDD Holdings beat earnings estimates but missed on revenue, with net income falling as spending on subsidies and AI rises, leaving shares lower despite the profit beat.
Over the past six months, WD-40’s stock price fell to $213.93. Shareholders have lost 11.7% of their capital, which is disappointing considering the S&P 500 has climbed by 10.8%. This may have investors wondering how to approach the situation.
Abercrombie & Fitch Co. (NYSE:ANF) shares jumped more than 11% in premarket trading after the apparel retailer delivered second-quarter earnings and revenue above Wall Street forecasts and raised its full-year guidance.
Improving economic conditions are driving renewed activity in Africa's capital markets according to Yvonne Ike at Bank of America. She spoke to Chief Africa correspondent Jennifer Zabasajja on Bloomberg's Next Africa program.
The videoconferencing company posted revenue of $1.28 billion and adjusted EPS of $1.55, but its forward guidance missed analyst expectations
Moby summary of SCHMID Group N.V. Class A Ordinary Shares's Q2 2026 earnings call
Citi gets bullish on Oracle.
Stocks are rallying, but still haven’t posted meaningful gains since May. The next three days could change that.
Investing.com -- Abercrombie & Fitch Co. (NYSE: ANF) reported second-quarter earnings and revenue that exceeded analyst expectations, raising its full-year guidance and sending shares up over 11% premarket.
Tariff policy is boosting domestic steel and manufacturing stocks, with Nucor, Cleveland-Cliffs, and PACCAR positioned to benefit from reduced foreign competition and rising demand.
Salesforce will report second-quarter earnings on Wednesday afternoon amid the most uncertainty it has faced since its earliest days. Wall Street analysts are projecting $3.27 in adjusted earnings per share, rising from $2.91 a year ago. Beginning last year, investors began selling off enterprise software stocks on the idea that much of what they do will be replaced by AI agents that can write software code and execute complex series of tasks from simple conversational commands.
Abercrombie & Fitch raised its outlook for the year after logging higher second-quarter profit and sales, driven by improving demand across multiple geographies.
MongoDB stock has surged over 32% in the past month, but with a September 1 earnings report looming and a key leadership vacancy still unfilled, the question is whether Atlas momentum and AI positioning are enough to close the gap to analysts' targets.
A rebound in Bitcoin has brought some relief for Michael Saylor’s Strategy Inc. But just as market pressure begins to ease, an old threat from index provider MSCI is resurfacing.
Asking for a Trend Host Josh Lipton previews the stories that'll be making headlines on Wednesday, August 25th, including Nvidia's (NVDA) highly anticipated earnings after the close, results from Salesforce (CRM) and CrowdStrike (CRWD), and a fresh read on inflation with the latest Personal Consumption Expenditures (PCE) data hitting before the bell.
Ahead of the bell US stock futures went nowhere on Wednesday morning, which tells you plenty about how much is riding on the next 12 hours. Contracts on the Dow Jones Industrial Average and the S&P 500 sat close to flat, while the tech-heavy Nasdaq 100 slipped 0.2% after Tuesday's...
US equity futures were mostly flat pre-bell Wednesday as traders awaited a key inflation report and
Zoom reported adjusted earnings of $1.55 a share for the quarter, up from $1.53 a year ago and above analysts’ expectations for $1.48, per FactSet.
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