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Nike’s first-quarter earnings per share of $0.48 compared with a consensus of $0.44, but sales missed, and it guided to a high-single-digit revenue fall in fiscal 2027. The…
Accenture’s shares surged on Thursday after fiscal fourth-quarter revenue and earnings beat forecasts and its outlook eased fears that artificial intelligence will erode demand for consulting.
Vicor shares rose 10.1% in postmarket trading after the company lifted its third-quarter sequential growth guidance, citing higher royalties from its first non-exclusive license to Vertical Power Delivery.
Hormel Foods has agreed to buy chicken processor Brakebush Brothers for $1.055bn in cash, but the promised profit boost is not due until fiscal 2028, and the shares…
Synopsys, the chip-design software maker, is trading 6.57% higher in today’s US session, at $442.37 by 7:45pm in London, near the top of the day’s range. They closed…
Micron’s fiscal fourth-quarter revenue of $54.23bn beat analyst forecasts, and its guidance for the next quarter sits well above consensus. Shares edged higher in after-hours trading.
Eli Lilly’s experimental obesity combination delivered up to 23.3% average weight loss in a mid-stage trial, well ahead of its current drug alone, but more patients stopped treatment…
Workday will cut about 2.5% of its workforce, primarily in Product and Technology, and book up to $80m of charges. It holds its outlook, but expects GAAP operating…
Carnival shares jumped 13.4% today after the cruise operator posted record third-quarter revenue, net yields and net income, and raised its full-year outlook despite a $150m hit from…
Navitas Semiconductor shares jumped more than 20% in post-market trading on Monday after the company won a US Army-sponsored programme to develop ultra-high-voltage silicon carbide power devices, though…
Advanced Micro Devices shares fell sharply in trading today, dropping over 5% to near $597 after touching a session high of $629.75, with rising bond yields and high…
Nvidia has authorised a record $150bn increase to its buyback programme, a record buyback increase according to Reuters, even as its shares trade near their cheapest valuation in…
A US jobs report expected to show the weakest hiring since the pandemic headlines a week with no central-bank decision, flanked by core PCE inflation on Wednesday and…
Costco topped Wall Street’s revenue and profit forecasts for its fiscal fourth quarter, but a one-off tariff refund and a third straight quarter of slowing membership-fee growth kept…
Twist Bioscience shares jumped to a 52-week high on Thursday after a broker raised its price target, extending a rally built on the company’s data-supply partnership with Eli…
Rocket Lab USA shares jumped for the second time in three sessions on Thursday, rising 4.7% to $73.61.
Darden Restaurants shares closed down 2.9% on Thursday after Olive Garden, its largest brand, reported same-restaurant sales growth of just 1%, well short of the 1.7% analysts had…
Rollins Inc (NYSE: ROL), the pest-control services group, fell to a fresh 52-week low of $30.83 by 15:16 London time on Thursday, down 5.05% intraday after Piper Sandler…
Barry Diller’s People Incorporated has withdrawn its more-than-$18bn proposal to take MGM Resorts private, and the casino operator’s shares tumbled as the takeover premium built up since June…
Texas Pacific Land shares fell 5.5% in Wednesday’s session, trading at $335.74, after swinging between $335.23 and $358.94 earlier in the day’s trading.
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