News
Important Only
Paychex Inc reports results for the quarter ended May 31 - Earnings Summary
Paychex Inc PAYX.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of fifteen analysts for the quarter was for earnings of $1.19 per share. Wall Street expec...Reuters
Wed, Jun 25
Campbell's Co falls after JPM cuts PT
** Shares of packaged food company Campbell's Co CPB.O fall 2% to $31.51** Brokerage JP Morgan cut PT to $34 from $37; maintains "neutral" rating** CPB shares could outperform peers over the next year if the snacking category improves; however, right now don't see sufficient evidence...Reuters
Wed, Jun 25
Why AeroVironment Stock Is Soaring Today
AeroVironment (NASDAQ: AVAV) topped quarterly expectations and closed out its fiscal year with its highest total bookings on record. Investors are pleased, sending shares of the drone manufacturer up 26% as of 10:30 a.m. ET.Image source: AeroVironment.Where to invest $1,000 right now? Our analyst te...The Motley Fool
Wed, Jun 25
Plus Therapeutics jumps after FDA allows co to begin human trials for cancer therapy
** Shares of drug developer Plus Therapeutics PSTV.O more than double to 38 cents ** Co says the U.S. FDA has cleared its application to begin human trials for its experimental brain cancer therapy ** The trial is funded by a $3 million research grant from the U.S. Department of Defense, co says ...Reuters
Wed, Jun 25
LIVE MARKETS-Betting against the house: New home sales plunge, mortgage rates add some heat
S&P 500 ~flat, Nasdaq up ~0.3%; Dow down ~0.2%Comms svcs leads S&P 500 sector gainers; real estate down mostSTOXX 600 falls ~0.7%Dollar, gold ~flat; oil up ~1.6%; bitcoin advances ~1%U.S. 10-year Treasury yields rise to ~4.32% Welcome to the home for real-time coverage of markets brought to ...Reuters
Wed, Jun 25
Why Shares of Tesla Are Sinking Today
Shares of the electric vehicle (EV) company Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11 a.m. ET Wednesday. New data today shows that Tesla's EV sales continue to struggle abroad, as consumers opt for EVs sold by competitors.Sales in Europe plungeData in recent months has indicated that Tesl...The Motley Fool
Wed, Jun 25
GLOBAL MARKETS-Shares trade near record highs, crude prices gain nudged by Middle East ceasefire
S&P 500 nears record high as Middle East tensions coolOil steadies as investors assess Iran-Israel ceasefire, demandGold dips as geopolitical tensions ease, focus turns to US dataFed's Powell heads to Senate panel for second day of testimonyBy Chibuike Oguh NEW YORK, June 25 (Reuters) - G...Reuters
Wed, Jun 25
General Mills falls after downbeat annual profit forecast
** Shares of Cheerios maker General Mills GIS.N fall as much as 4% to a more than five-year low of $51.27** Company forecast annual profit below expectations due to weak demand for its refrigerated baked goods and snacks in the U.S. ** GIS expects full-year adjusted profit to decline in the range of...Reuters
Wed, Jun 25
US STOCKS-S&P 500 nears record high as Middle East tensions cool
Indexes: Dow down 0.11%, S&P 500 up 0.11%, Nasdaq up 0.36%FedEx shares slide after downbeat Q1 profit forecastGeneral Mills slips on downbeat annual profit outlookBy Kanchana Chakravarty and Nikhil Sharma June 25 (Reuters) - The benchmark S&P 500 hovered close to an all-time high on W...Reuters
Wed, Jun 25
CANADA STOCKS-TSX edges lower as investors assess Iran-Israel ceasefire
By Twesha Dikshit and Sukriti Gupta June 25 (Reuters) - Canada's main stock index edged lower on Wednesday, dragged by losses in energy shares and utilities, while investors assessed the developments around a ceasefire between Iran and Israel.Toronto's S&P/TSX Composite Index .GSPTSE ...Reuters
Wed, Jun 25
AeroVironment shares soar as drone demand fuels quarterly results beat
June 25 (Reuters) - AeroVironment's AVAV.O shares soared on Wednesday after the company beat Wall Street expectations for fourth-quarter results, driven by sustained demand for its military drones.Shares jumped 25% in early trading, on track for its biggest daily percentage rise since March 5 la...Reuters
Wed, Jun 25
LIVE MARKETS-US corporate buybacks set record level in Q1 - S&P Dow Jones
S&P 500, Nasdaq higher, Dow down slightlyTech leads S&P 500 sector gainers; real estate down mostSTOXX 600 down 0.6%Dollar rises, gold dips, oil up 1%, bitcoin up 1%U.S. 10-year Treasury yields rise to ~4.33% Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Wed, Jun 25
Crypto firms rise on bitcoin strength
** Shares of cryptocurrency and blockchain-related companies rise in morning trading as bitcoin gains** Bitcoin BTC=, world's largest cryptocurrency, gained 1.8% in session to trade at $1,07,964** Sector's shares have fared well after U.S. Senate passed landmark stablecoin bill last week, k...Reuters
Wed, Jun 25
Top Calls on Wall Street: Nvidia, Apple, Tesla, Coinbase, Amazon, Microsoft and More
Here are Wednesday’s biggest calls on Wall Street:Loop reiterates Nvidia as buyThe firm said Nvidia is firing on all cylinders.“Reiterating our Buy rating and increasing our PT to $250 from $175 as our work stronglysuggests that ‘the math just works’, as fantastic as that may sound.”DA Davidson init...Tiger News
Wed, Jun 25
Why QuantumScape Stock Is Rocketing Higher Today
Investors have been speculating on QuantumScape (NYSE: QS) stock and its ability to revolutionize electric vehicle (EV) batteries for several years now. It's been a slow road as the company works toward commercializing its solid-state battery technology.After the company announced a major milestone,...The Motley Fool
Wed, Jun 25
General Mills Inc reports results for the quarter ended May 31 - Earnings Summary
General Mills Inc GIS.N reported quarterly adjusted earnings of 74 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.01. The mean expectation of nineteen analysts for the quarter was for earnings of 71 cents per share. Wall St...Reuters
Wed, Jun 25
Tesla slumps as Europe car sales fall for fifth straight month
** Shares of EV maker Tesla TSLA.O fall 5.7% to $322.4** Co's new car sales in Europe fell 27.9% in May from a year earlier, even as fully-electric vehicle sales in the region jumped 27.2%** Tesla's European sales have now fallen for five straight months as customers switch to cheaper Chines...Reuters
Wed, Jun 25
Natgas companies fall on rising output, ample storage supplies
** Shares of U.S. natural gas companies down, tracking a fall in natgas futures NGA/** U.S. natgas futures NGc1 down 0.8% at $3.51 per million British thermal units ** Natural gas prices slip to a one-week low on rising output so far this month that should allow energy firms to keep injecting more g...Reuters
Wed, Jun 25
Drone maker AeroVironment soars to record after results beat
** AeroVironment's AVAV.O shares up 24.8% at $241.25 on Weds after military drone maker's fiscal Q4 results top Wall Street's expectations** Stock rises as much as 29.3% to record intraday high of $250 so far, and on course for biggest daily pct gain since Mar 5, 2024** Arlington, Virgi...Reuters
Wed, Jun 25
