News
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Ulta Beauty raises annual profit forecast, posts upbeat quarter on resilient demand
May 29 (Reuters) - Ulta Beauty ULTA.O raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores.Shares of the company were up about 8% in trading ...Reuters
Thu, May 29
Zscaler names Kevin Rubin as CFO, raises annual forecast
May 29 (Reuters) - Zscaler ZS.O named Kevin Rubin as its chief financial officer and raised its annual results forecast on Thursday, as businesses spend more on cybersecurity networking solutions to combat sophisticated online threats.The cloud security firm's shares rose nearly 5% in extended t...Reuters
Thu, May 29
LIVE MARKETS-US stocks rise amid legal tariff wrangling; PCE next on the docket
S&P 500, Nasdaq both end up ~0.4%, Dow rises ~0.3%Real Estate leads S&P sector gainers; Comm Svcs sole loserDollar slides ~1%; bitcoin off >1%; crude down ~1.5%; gold gainsUS 10-Year Treasury yield falls to ~4.428%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Thu, May 29
Why Estée Lauder Stock Tipped Higher on Thursday
A new executive hire at Estée Lauder Companies (NYSE: EL) was the main news item driving the company's stock higher on the penultimate trading day of the week. Thursday saw the storied cosmetics maker's share price rise by over 3%, a figure that was more than high enough to beat the S&P 500 index's ...The Motley Fool
Thu, May 29
CANADA STOCKS-TSX pulls back from record high as bank earnings hit financial stocks
TSX ends down 0.3% at 26,210.56Retreats from record closing high on WednesdayShares of RBC fall 3.5% after profit missBRP shares jump 12.7% after results beat estimatesBy Sanchayaita Roy, Fergal Smith May 29 (Reuters) - Canada's main stock index edged lower on Thursday, pulling back from a r...Reuters
Thu, May 29
NetApp forecasts annual revenue below estimate on weak data storage demand
May 29 (Reuters) - NetApp NTAP.O forecast fiscal 2026 revenue below Wall Street expectations on Thursday, hit by sluggish spending on its cloud data storage services as enterprises cut budgets amid economic uncertainty, sending its shares down 5% in extended trading.Macroeconomic volatility stemming...Reuters
Thu, May 29
Concord Healthcare Announces Official Release of the Proton Therapy Large Model
BEIJING, May 30, 2025 /PRNewswire/ -- Concord Healthcare Group Co., Ltd. ("Concord Healthcare"), a subsidiary of Concord Medical Services Holdings Limited (the "Company") (NYSE: CCM), which subsidiary is listed on the Main Board of The Stock Exchange of Hong Kong Limite...PR Newswire
Thu, May 29
NetApp falls on downbeat 2026 revenue forecast
** Shares of data storage company NetApp NTAP.O fall 5.3% to $94 in extended trading** Company expects 2026 revenue to be between $6.63 billion and $6.88 billion vs est. of $6.86 billion, according to data compiled by LSEG** NTAP reports Q4 revenue of $1.73 billion compared with $1.67 billion a year...Reuters
Thu, May 29
QUOTES -Markets shrug off US appeals court's decision to reinstate Trump tariffs
NEW YORK, May 29 (Reuters) - Wall Street closed higher on Thursday, largely shrugging off a decision by a federal appeals court late Thursday reinstating President Donald Trump's tariffs. This came a day after a trade court blocked most of the U.S. president's tariffs going into ...Reuters
Thu, May 29
Dell raises full-year profit forecast on strong AI server demand, shares rise
May 29 (Reuters) - Dell Technologies DELL.N raised its annual profit forecast on Thursday, signaling growing demand for its AI-powered servers that are equipped with Nvidia's NVDA.O powerful chips, sending the computer hardware maker's shares up 10% in extended trading.Companies such as Dell...Reuters
Thu, May 29
Why Pure Storage Stock Slipped on Thursday
Data storage specialist Pure Storage (NYSE: PSTG) wasn't in the good graces of the stock market on Thursday. After its latest set of quarterly earnings were published the previous afternoon, investors traded out of the shares to leave them with a nearly 3% decline to close Thursday. That was in cont...The Motley Fool
Thu, May 29
US STOCKS-Wall Street ends up with Nvidia; appeals court reinstates Trump tariffs
Best Buy slumps after cutting annual sales, profit forecastsBoeing climbs as CEO aims to boost 737 MAX productionBy Caroline Valetkevitch NEW YORK, May 29 (Reuters) - U.S. stocks ended slightly higher on Thursday as shares of Nvidia gained after its quarterly results, while investors digested a l...Reuters
Thu, May 29
Why Shares of Uber Are Sinking Today (Hint: It Has to do With Tesla)
Shares of the ride-hailing giant Uber (NYSE: UBER) traded roughly 4.5% lower in the final half-hour of trading today after a Wall Street analyst cited a potential threat to Uber's business model and long-term strategy.Competition from Tesla could be an issueIn a research note, Wedbush analyst Scott ...The Motley Fool
Thu, May 29
QUOTES -Markets shrug off US appeals court's decision to reinstate Trump tariffs
NEW YORK/SINGAPORE, May 29 (Reuters) - Wall Street held gains on Thursday, largely shrugging off a decision by a federal appeals court late Thursday reinstating President Donald Trump's tariffs. This came a day after a trade court blocked most of the U.S. president's tariffs goin...Reuters
Thu, May 29
EMERGING MARKETS-Latam FX gains amid weak dollar as Trump tariff turmoil clouds outlook
Latam FX up 0.6%, stocks up 0.4%Brazil's bank lending picks up in AprilSouth Africa's central bank cuts rates by 25 bpsChile's jobless rate hits 8.8% in quarter through AprilBy Pranav Kashyap and Purvi Agarwal May 29 (Reuters) - Latin American currencies strengthened against a collaps...Reuters
Thu, May 29
Natgas companies down on projection for less demand this week
** Shares of U.S. natural gas companies down, tracking fall in natgas futures NGA/** U.S. natgas futures NGc1 down 1% at $3.52 per million British thermal units** Natural gas prices eased over 1%, as forecasts for less demand than previously expected this week offset forecasts for more demand next w...Reuters
Thu, May 29
US STOCKS-Wall Street rises with Nvidia; appeals court reinstates tariffs
Best Buy slumps after cutting annual sales, profit forecastsBoeing climbs as CEO aims to boost 737 MAX productionIndexes gain: Dow 0.15%, S&P 500 0.24%, Nasdaq 0.22%By Caroline Valetkevitch NEW YORK, May 29 (Reuters) - U.S. stocks were slightly higher in choppy afternoon trading on Thursday, ...Reuters
Thu, May 29
RPT-WRAPUP 5-Trump officials downplay court ruling that blocked sweeping tariffs
Trump administration has said it will appeal court rulingSecond federal court blocks some leviesMarkets see modest gains in responseAnalysts say even a pause provides valuable timeBy Samuel Indyk, Sarah Marsh May 29 (Reuters) - Senior Trump administration officials on Thursday downplayed the impa...Reuters
Thu, May 29
Wells Fargo rises after OCC terminates 2015 consent order
** Shares of Wall Street giant Wells Fargo WFC.N rise 1% to $74.41** WFC says the Office of the Comptroller of the Currency's 2015 agreements relating to the bank's previously held financial subsidiaries have been terminated** The latest termination marks the 13th consent order closed by We...Reuters
Thu, May 29
U.S. STOCKS ON THE MOVE-Bath & Body Works, Talkspace, EXP World
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq rose on Thursday, boosted by Nvidia after the AI chipmaker posted strong revenue growth, while investors also assessed a federal court ruling that blocked most...Reuters
Thu, May 29
