News
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Victoria's Secret & Co reports results for the quarter ended April 30 - Earnings Summary
Victoria's Secret & Co VSCO.N reported quarterly adjusted earnings of 9 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of ten analysts for the quarter was for earnings of 4 cents per sh...Reuters
Wed, Jun 11
Tenet Healthcare falls after Fuzzy Panda takes short position
** Shares of hospital operator Tenet Healthcare THC.N fall 3.1% to $151.55 premarket ** Short seller Fuzzy Panda says it is short on co after its analysis showed that Tenet could be fined $675-$845 million on high outlier payments from Medicare ** "Analysis indicates Medicare paid THC excess out...Reuters
Wed, Jun 11
US STOCKS-S&P 500, Nasdaq set to open near record levels after May inflation data
Futures up: Dow 0.14%, S&P 500 0.21%, Nasdaq 0.27%GameStop falls after reporting decline in quarterly revenueGameStop falls after it reports decline in Q1 revenueBy Kanchana Chakravarty and Sukriti Gupta June 11 (Reuters) - The S&P 500 and Nasdaq were on track to open near record levels o...Reuters
Wed, Jun 11
American Superconductor tumbles on $115 mln equity raise
** American Superconductor's AMSC.O shares down 17.3% premarket at $28.50 after equity raise ** Ayer, Massachusetts-based power grid systems and solutions provider says sold ~4.1 mln shares at $28 for gross proceeds for $115.5 mln** Offering price is 18.7% discount to stock's last close on T...Reuters
Wed, Jun 11
GitLab Earnings: Guidance Falls Short
Here's our initial take on GitLab's (NASDAQ: GTLB) fiscal 2026 first-quarter financial report.Key MetricsMetricQ1 2025Q1 2026Changevs. ExpectationsRevenue$169.2 million$214.5 million 27%BeatEarnings per share (adjusted)$0.03$0.17 467%BeatDollar-based net retention rate129%122%-7 ppsn/aFree cash flow...The Motley Fool
Wed, Jun 11
Cracker Barrel steadies after convertible debt sale boosted to $300 mln
** Shares of Cracker Barrel Old Country Store CBRL.O flat premarket after upsized capital raise** Lebanon, Tennessee-based casual dining chain late Tues announced $300 mln 1.75% convertible bonds (CBs) due 2030** Initial conversion price of $72.23 represents 32.5% premium to stock's last close**...Reuters
Wed, Jun 11
U.S. STOCKS ON THE MOVE-MP Materials, Ouster, Tesla
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and Nasdaq were on track to open near record levels on Wednesday after a cooler-than-expected inflation report calmed nerves around President Donald Trump's tariffs worse...Reuters
Wed, Jun 11
Stitch Fix Sees Fashion Fans Flee
Here's our initial take on Stitch Fix's (NASDAQ: SFIX) fiscal third-quarter financial report.Key MetricsMetricQ3 FY 2024Q3 FY 2025Changevs. ExpectationsTotal revenue$322.7 million$325 million 1%BeatAdjusted earnings per share($0.18)($0.06)N/MBeatActive clients2.63 million2.35 million-11%n/aRevenue p...The Motley Fool
Wed, Jun 11
Novavax's COVID-flu combo vaccine shows strong immune response in trial
June 11 (Reuters) - Novavax's NVAX.O experimental COVID-19-influenza combination and standalone influenza vaccines generated a strong immune response in adults aged 65 and older, similar to already approved shots against the viruses in a late-stage trial.Both the vaccine candidates were well tol...Reuters
Wed, Jun 11
Talen Energy and Amazon sign nuclear power deal to fuel data centers
June 11 (Reuters) - U.S. utility Talen Energy TLN.O announced on Wednesday an expanded nuclear energy partnership with Amazon.com AMZN.O to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers. WHY IT'S IMPORTANTT...Reuters
Wed, Jun 11
DoubleVerify jumps as adtech firm raises revenue forecasts
** Shares of advertising tech company DoubleVerify Holdings DV.N up 14.5% at $17.10 premarket ** DV raises Q2 revenue forecast to $180 mln-$184 mln from $169 mln - $173 mln; analysts expected quarterly rev of $171.2 mln** Company now expects revenue growth in 2025 of 13%, up from 10%; analysts had e...Reuters
Wed, Jun 11
JinkoSolar Earns RETC's "Overall Highest Achiever" Award for the Sixth Consecutive Year
SHANGRAO, China, June 11, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been recognized as Overall Highest Achiever i...PR Newswire
Wed, Jun 11
COLUMN-U.S. stocks-bonds warnings flash amber again: McGeever
By Jamie McGeeverORLANDO, Florida, June 11 (Reuters) - Calm has descended on U.S. markets following the 'Liberation Day' tariff turmoil of early April. But Wall Street's rally has revived questions about U.S. equity valuations, as stocks once again look super pricey compared to bonds. Si...Reuters
Wed, Jun 11
BrightSpring Health down as KKR slices stake in $305 mln secondary offering
** Shares of BrightSpring Health Services BTSG.O down 1.8% premarket to $21.83 after secondary offering priced ** Home healthcare and hospice provider late Tues announced 14 mln shares sold by affiliates of KKR KKR.N and members of management at $21.75 for total raise of ~$304.5 mln** Offering price...Reuters
Wed, Jun 11
NYSE Content Advisory: Pre-Market update + Voyager Technologies, Ategrity to debut at NYSE
NEW YORK, June 11, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2Y...PR Newswire
Wed, Jun 11
MP Materials falls on US-China rare earths minerals deal
** Shares of major US rare earths producer MP Materials MP.N down 6% at $25.58 premarket** President Donald Trump says the U.S. deal with China is done, with Beijing to supply magnets and rare earth minerals while the U.S. will allow Chinese students in its colleges and universities** Trump says the...Reuters
Wed, Jun 11
Vaxart soars on early-stage data of its new norovirus vaccine
** Shares of drug developer Vaxart VXRT.O rise 81.2% to 71 cents premarket** Co says its new experimental norovirus vaccine produced significantly stronger immune responses than the original version in an early-stage trial** VXRT says that the second generation vaccine increased protective antibodie...Reuters
Wed, Jun 11
Apparel retailer J.Jill drops after withdrawing annual forecasts
** Women's apparel retailer J.Jill's JILL.N shares down 15.2% at $14.28 in premarket trading** Co withdraws its annual net sales, comparable sales and core profit forecasts, citing increased macroeconomic uncertainty and co's recent leadership transition** Says it is temporarily suspendi...Reuters
Wed, Jun 11
