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Accenture: Growth Despite Headwinds
Here's our initial take on Accenture's (NYSE: ACN) fiscal 2025 third-quarter financial report.Key MetricsMetricQ3 FY24Q3 FY25Changevs. ExpectationsRevenue$16.5 billion$17.7 billion7.6%BeatEarnings per share$3.04$3.4915%BeatFree cash flow$3.0 billion$3.5 billion17%MissedNew bookings$21.1 billion$19.7...The Motley Fool
Fri, Jun 20
CarMax's Q1 Sales Go Into Overdrive
Here's our initial take on CarMax's (NYSE: KMX) fiscal 2026 first-quarter financial report.Key MetricsMetricQ1 FY 2025Q1 FY 2026Changevs. ExpectationsTotal revenue$7.11 billion$7.55 billion 6%BeatAdjusted earnings per share$0.97$1.38 42%BeatRetail used vehicle unit sales211,132230,210 9%n/aAverage u...The Motley Fool
Fri, Jun 20
Kroger: A Solid First Quarter
Here's our initial take on Kroger's (NYSE: KR) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$45.27 billion$45.12 billion0%MissedEarnings per share (adjusted)$1.43$1.494.2%BeatGross margin22%23%100 bpsn/aDebt-to-Adj. EBITDA ratio1.251.6935%n/a...The Motley Fool
Fri, Jun 20
Alphabet shares fall after Turkish authorities launch probe into Google ad tools
** Alphabet's GOOGL.O shares are down ~2.5% at $169.05 on Fri after Turkey's antitrust authority said it will launch a probe into Google's Performance Max (PMAX)** GOOGL is on track for the third straight session of losses, the biggest daily pct loss since May 7 and lowest close since ea...Reuters
Fri, Jun 20
2 Reasons to Buy Bitcoin (BTC) Before 2026
The price of Bitcoin (CRYPTO: BTC) is back over $100,000. But many experts believe there's a lot more room to run. One major investor, Arthur Hayes, even thinks that Bitcoin's price will rise above the $1 million mark sometime over the next 3.5 years. If you've been waiting to invest more money into...The Motley Fool
Fri, Jun 20
Why Credo Technology Stock Was Marching Higher This Week
Data center connectivity solutions company Credo Technology (NASDAQ: CRDO) won attention from many stock market participants this week, thanks in no small part to an analyst flagging it as a top pick in the small and mid-cap categories.With this pleasant tailwind at its back, Credo's share price was...The Motley Fool
Fri, Jun 20
The Smartest S&P 500 ETF to Buy With $500 Right Now
So you want to invest in the stock market, but you don't want to hand-pick specific stocks. Simply mirroring the S&P 500 (SNPINDEX: ^GSPC) market index can deliver fantastic results over the years, and you'll never lose a single night of sleep worrying about the rise or fall of any particular stock....The Motley Fool
Fri, Jun 20
GLOBAL MARKETS-Wall Street perks up, oil dips after Trump's Middle East delay
Global stocks rise as Trump holds off Middle East interventionOil slips, but still set for weekly gainDollar dips but still on track for weekly increaseEuropean nations hold talks with Iran in SwitzerlandBy Isla Binnie, Marc Jones NEW YORK/LONDON June 20 (Reuters) - Wall Street indexes tracked gl...Reuters
Fri, Jun 20
CarMax Reports Record Q1 Earnings Growth
CarMax (NYSE:KMX) reported Q1 FY2026 earnings on June 20, 2025, with total sales rising 6% year over year to $7.5 billion, used unit comps up 8.1%, and record diluted EPS of $1.38, up 42% year over year. Management accelerated the share repurchase pace, advanced omnichannel and artificial intelligen...The Motley Fool
Fri, Jun 20
Kroger lifts sales target as cautious Americans buy cheaper groceries
Company closes 60 underperforming storesConsumers looking to buy promotional items, private-label brandsKroger beats Q1 sales, profit estimatesShares up 7%By Juveria TabassumJune 20 (Reuters) - U.S. grocer Kroger KR.N bumped up its annual sales growth forecast on Friday and said it would invest in l...Reuters
Fri, Jun 20
Accenture bookings drop eclipses upbeat revenue, unveils AI-focused revamp
By Meghana Khare and Jaspreet Singh June 20 (Reuters) - Accenture ACN.N reported a second straight drop in quarterly new bookings on Friday and unveiled an organizational revamp to bolster its AI consulting services, as a cutback in U.S. government spending and economic uncertainty pressure growt...Reuters
Fri, Jun 20
CANADA STOCKS-TSX rises as US delays decision on direct Mideast involvement
By Twesha Dikshit and Ragini Mathur June 20 (Reuters) - Canada's main stock index rose on Friday, helped by gains in the materials sector, after concerns around immediate U.S. military involvement in the Israel-Iran conflict were temporarily allayed. The S&P/TSX composite index .GSPTSE wa...Reuters
Fri, Jun 20
South African rand gains as worries ease of US involvement in Middle East
JOHANNESBURG, June 20 (Reuters) - The South African rand was up on Friday, as most emerging markets benefited from easing worries of an immediate U.S. involvement in the Iran-Israel conflict.At 1436 GMT, the rand traded at 18.00 against the U.S. dollar ZAR=D3, up 0.2% from Thursday's close.The d...Reuters
Fri, Jun 20
US STOCKS-Wall Street edges up with Trump's Middle East decision in focus
Indexes up: Dow 0.29%, S&P 500 0.22%, Nasdaq 0.20%Kroger gains after lifting annual sales target Mondelez International up on brokerage upgradeBy Kanchana Chakravarty and Sukriti Gupta June 20 (Reuters) - Wall Street's main indexes nudged higher on Friday, tracking strength in global stoc...Reuters
Fri, Jun 20
Why Enphase Energy Stock Was Sputtering This Week
The past few trading days haven't been kind to solar energy stocks, and Enphase Energy (NASDAQ: ENPH) has been caught in the rout.Developments in the legislative sphere kicked off the downturn, which was compounded in Enphase's case by several downbeat analyst notes. As of late Thursday, the company...The Motley Fool
Fri, Jun 20
CubeSmart rises after BMO upgrades to 'outperform' rating
** Self-storage REIT CubeSmart CUBE.N shares up ~1.1% to $43.17** BMO upgrades CUBE to "outperform" from "market perform" rating** Brokerage says CUBE's under-levered balance sheet provides a defensive bulwark in case of macroeconomic headwinds, while also allowing for accretive ...Reuters
Fri, Jun 20
3 Reasons Why Kroger Stock Is a Buy Now
These are challenging times. There's conflict here in the U.S., war breaking out in the Mideast, trade wars, and tariffs, as well as rising prices and recession fears. As gold prices soar and investors seek safe havens, how does one stay in the stock market and hedge against uncertainty?Defensive, r...The Motley Fool
Fri, Jun 20
Gun maker Smith & Wesson plunges after lower sales, profits as tariffs weigh
** Shares of Smith & Wesson Brands SWBI.O down 18% to $8.93, over 2-mth low, early Fri after reporting lower sales and earnings amid tariff uncertainty** SWBI shares on course for biggest daily pct drop since 20.3% dive on Dec 6** Maryville, Tennesse-based co late Weds said Q4 net sales fell nea...Reuters
Fri, Jun 20
LIVE MARKETS-Wall Street indexes rise on the day, eye weekly gain
Wall Street indexes rise; Dow leads gainsReal estate is biggest S&P sector gainer; health is sole loserSTOXX 600 up ~0.4%Dollar edges up, gold edges down, oil dips, bitcoin up >1%U.S. 10-year Treasury yields rise to ~4.42% Welcome to the home for real-time coverage of markets brought to you b...Reuters
Fri, Jun 20
