News
Important Only
ServiceNow projects annual subscription revenue above estimates, signals AI strength
By Jaspreet Singh and Juby Babu Jan 28 (Reuters) - ServiceNow NOW.N forecast annual subscription revenue above Wall Street estimates on Wednesday, signaling strong demand for its artificial intelligence-powered software products.The Santa Clara, California-based company is doubling down on AI int...Reuters
Wed, Jan 28
Raymond James first-quarter profit falls on weak capital markets business, high costs
Jan 28 (Reuters) - Raymond James Financial RJF.N reported a fall in first-quarter profit on Wednesday as weakness in its capital markets business outweighed growth in its asset management division.The company said it generated lower mergers and acquisitions and advisory revenue, even as other invest...Reuters
Wed, Jan 28
C.H. Robinson rises after quarterly profit beat
Shares of global freight forwarder C.H. Robinson CHRW.O up 7% at $196.90 in extended trading Co reports Q4 profit above estimates, helped by cost controls Posts Q4 adjusted EPS of $1.23, compared with analysts' estimate of $1.12 - data compiled by LSEG CHRW quarterly revenue fell 6.5% to $3.9 ...Reuters
Wed, Jan 28
Elon Musk Says Tesla Ending Models S And X Production, Converting Fremont Factory Lines To Make Optimus Robots
Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and X vehicles, and will use the factory in Fremont, California, to build Optimus humanoid robots.“It’s time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said on...Tiger News
Wed, Jan 28
C.H. Robinson beats quarterly profit estimates as cost controls offset weak freight demand
Jan 28 (Reuters) - C.H. Robinson CHRW.O reported fourth-quarter profit above Wall Street estimates on Wednesday, as cost controls helped the global freight forwarder dampen the impact of weak demand in a challenging global trade environment.Shares of the company rose 6.3% in aftermarket trading.The ...Reuters
Wed, Jan 28
Meta Shares Jump 10% On Stronger-Than-Expected Revenue Forecast
[Live: Meta 2025Q4 Earnings Conference Call]Meta reported fourth-quarter earnings on Wednesday, providing stronger-than-expected sales guidance that caused shares to rise as much as 10% in after-hours trading.Here’s how the company did, compared with estimates from analysts polled by LSEG:Earnings p...Tiger News
Wed, Jan 28
Lam Research surges on upbeat quarterly forecast
Shares of semiconductor equipment maker Lam Research LRCX.O up 3% at $246.86 in extended trading Co forecasts quarterly revenue above estimates as enterprises ramp up orders of its chipmaking tools Expects Q3 revenue of $5.7 billion, plus or minus $300 million, compared with analysts' estimates ...Reuters
Wed, Jan 28
LendingClub falls after Q4 provisions come in above estimates
LendingClub LC.N shares fall 4.6% to $18.68 in trading after the bell Company reports quarterly provision for credit losses of $47.2 million above Wall Street estimate of $46.1 million - LSEGReports net income of $41.6 million, or 35 cents per share, in the three months ended December 31, compared t...Reuters
Wed, Jan 28
Joby Aviation loses altitude after $1 bln stock, convertible deals announced
Shares of electric air taxi maker Joby Aviation JOBY.N down 12.3% in extended trading to $11.73 as it seeks capital raiseSanta Cruz, California-based JOBY announces offerings of convertible bonds (CBs) due 2032 and common stock for anticipated gross proceeds of $1 blnCo intends to use net proceeds f...Reuters
Wed, Jan 28
TRADING DAY-Fed almost incidental to market swirl
By Jamie McGeever ORLANDO, Florida, Jan 28 (Reuters) - The dollar snapped higher and Wall Street wobbled on Wednesday, but not before the S&P 500 broke above 7,000 points for the first time, after the Federal Reserve kept interest rates on hold and flagged rising inflation risks. More on that...Reuters
Wed, Jan 28
US STOCKS-Nasdaq ends slightly up, S&P 500 flat as Fed brings little surprise
Indexes: Dow up 0.02%, S&P 500 down 0.01%, Nasdaq up 0.17%Fed keeps rates steady, cites stabilizing jobs market, high inflationTraders still bet first rate cut will be in JuneTexas Instruments, AT&T, Seagate shares rally after quarterly updatesReactions to after the bell Mag 7 earnings mixed...Reuters
Wed, Jan 28
Levi Strauss down after forecasting annual profit below estimates
Shares of denim apparel maker Levi Strauss & Co LEVI.N down ~2 at $20.07 in extended trading Expects annual adjusted EPS in the range of $1.40 to $1.46, below analysts' average estimate of $1.48 — data compiled by LSEG Sees annual reported net revenue growth from continuing operations in the...Reuters
Wed, Jan 28
Agricultural tech co Cibus slides on stock offering unveil
Agricultural technology firm Cibus CBUS.O shares down 13.1% post-market to $1.53 as it plans equity raiseSan Diego, California-based gene-editing firm announces stock offering without disclosing deal sizeBoard members Jean-Pierre Lehmann and co-founder Rory Riggs have indicated to buy up to $1.5 mln...Reuters
Wed, Jan 28
Meta up; expects annual capital expenditures to rise
Meta Platforms' META.O shares rise 5% to $703.13 after the bellExpects capital expenditure in range of $115 billion to 135 billion for 2026 vs $72.22 billion in 2025META reports Q4 revenue of $59.89 billion, up 24% y-o-y, beating estimates of $58.59 billion, according to data compiled by LSEG Se...Reuters
Wed, Jan 28
GLOBAL MARKETS-Stocks edge higher, dollar pares some gains after Fed keeps rates steady
Dollar steadies after sharp dropS&P 500 crosses 7,000 levelFed keeps rates steady as expectedBy Chuck Mikolajczak NEW YORK, Jan 28 (Reuters) - Global stocks touched an intraday record for a third straight session on Wednesday, while the U.S. dollar largely held on to gains after the Federal R...Reuters
Wed, Jan 28
Microsoft shares fall; company reports high spending, slight cloud revenue beat
Shares of Microsoft MSFT.O fall 4.5% at $460 in extended trading Co's revenue at its Azure cloud division grew 39% in the October-December period vs ests of 38.8%, according to Visible AlphaMicrosoft's capital spending totaled $37.5 billion in its fiscal second quarter, a jump of nearly 66% ...Reuters
Wed, Jan 28
LIVE MARKETS-S&P 500 ends with slight dip after Fed; semis rally to record
Nasdaq, Dow end slightly green; S&P 500 edges lowerFOMC leaves rates unchangedReal Estate weakest S&P 500 sector; Energy leads gainersDollar rallies ~0.5%; bitcoin edges up; crude up >1.5%; gold up >3.5%US 10-Year Treasury yield rises to ~4.25%Welcome to the home for real-time coverage...Reuters
Wed, Jan 28
CANADA STOCKS-TSX gains as energy, material stocks lift index
TSX up 0.24% Bank of Canada holds rates, says hard to predict future movesU.S. Fed also holds rates By Utkarsh Hathi and Nivedita Balu Jan 28 (Reuters) - Canada's main stock index closed higher on Wednesday, helped by gains in material and energy stocks, as the index recovered from earlier...Reuters
Wed, Jan 28
IBM rises after beating quarterly revenue estimates
Shares of IBM IBM.N up 8.7% at $319.92 in extended trading IBM posts Q4 revenue of $19.69 billion, beating analysts' average estimate of $19.23 billion, according to data compiled by LSEGReports quarterly adjusted earnings of $4.52 per share vs estimates of profit of $4.32 per shareQ4 sales in c...Reuters
Wed, Jan 28
Comstock tumbles on stock offering launch
Clean energy firm Comstock Inc's LODE.A shares down 15% to $3 post-market after planned equity raise news Virginia City, Nevada-based firm commences stock offering; deal size not disclosed Co intends to use net offering proceeds to fund capex for its metals business, any remain...Reuters
Wed, Jan 28
