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SentinelOne cuts annual revenue forecast, shares fall
May 28 (Reuters) - SentinelOne S.N trimmed its annual revenue forecast on Wednesday, signaling cautious spending by businesses amid economic uncertainty, sending its shares down nearly 14% in extended trading.Enterprise clients have been cutting back on critical security expenditures, as an uncertai...Reuters
Wed, May 28
LIVE MARKETS-Stocks fall: Fed minutes, trade worries; TACO in focus
Wall St falls Dow, S&P 500 end off ~0.6%, Nasdaq falls ~0.5%Utilities weakest S&P 500 sector; real estate falls leastDollar rallies; crude up rises; gold slips; bitcoin down >2%US 10-Year Treasury yield rises to ~4.48%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Wed, May 28
Hess Midstream slips as BlackRock's GIP to sell shares
** Shares of Hess Midstream HESM.N down 2.5% post-market at $37.25 after secondary offering announced** Houston-based subsidiary of Hess Corp HES.N says affiliate of Global Infrastructure Partners (GIP), a part of BlackRock BLK.N, to offload ~15 mln shares** JP Morgan and Citigroup jt bookrunners fo...Reuters
Wed, May 28
Why Cadence Design Systems Plunged Late in the Day Today
Shares of electronic design automation company Cadence Design Systems (NASDAQ: CDNS) dropped late Wednesday, finishing the day down 10.4%.Cadence is just one of a handful of companies that makes the software semiconductor designers use to design chips. With the increasing variety of chips and number...The Motley Fool
Wed, May 28
Elf Beauty to acquire Hailey Bieber-owned Rhode for $1 billion; shares fall
** Shares of makeup company Elf Beauty ELF.N down ~10% at $81.75 after the bell** Model Hailey Bieber's makeup and skincare brand, Rhode, is being snapped up by co for about $1 billion** Elf said it would pay Rhode shareholders $800 million in cash and stock, along with additional potential earn...Reuters
Wed, May 28
US STOCKS-Indexes end down ahead of Nvidia results; chip designers fall late
Nvidia results due after the bellDick's Sporting Goods up after first-quarter results beatIndexes: Dow down 0.6%, S&P 500 down 0.6%, Nasdaq down 0.5%By Caroline Valetkevitch NEW YORK, May 28 (Reuters) - U.S. stock indexes closed lower on Wednesday as investors digested minutes from th...Reuters
Wed, May 28
Salesforce gains on 2026 revenue forecast raise
** Shares of enterprise software provider Salesforce CRM.N rise 4.5% to $288 in extended trading** Company expects fiscal 2026 revenue forecast to be between $41 billion and $41.3 billion compared with prior forecast range of $40.5 billion to $40.9 billion** CRM reports Q1 revenue of $9.83 billion v...Reuters
Wed, May 28
CANADA STOCKS-TSX ekes out another record high as bank earnings impress
TSX ends up 0.1%, at 26,283.45Posts new record closing highBMO gains 1.5% and National Bank adds 3.8%Definity Financial jumps 11.3%.By Fergal Smith May 28 (Reuters) - Canada's main stock index edged up on Wednesday to a record closing high as investors cheered quarterly earnings from some of...Reuters
Wed, May 28
SentinelOne cuts annual revenue forecast
May 28 (Reuters) - SentinelOne S.N trimmed its annual revenue forecast on Wednesday, signaling cautious spending by businesses amid economic uncertainty, sending it shares down over 12% in extended trading. The company cut its annual revenue forecast to between $996 million and $1 billion, compar...Reuters
Wed, May 28
Triumph Group Inc reports results for the quarter ended March 31 - Earnings Summary
Triumph Group Inc TGI.N reported quarterly adjusted earnings of 48 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of eight analysts for the quarter was for earnings of 35 cents per share. Wall...Reuters
Wed, May 28
HP cuts annual profit forecast as tariffs weigh on demand, shares fall
By Juby BabuMay 28 (Reuters) - HP Inc HPQ.N cut its annual profit forecast on Wednesday as it expects a moderation in PC market growth at a time when the global economic environment remains volatile, sending its shares down 14% in extended trading.The uncertainty surrounding U.S. tariffs and associa...Reuters
Wed, May 28
US STOCKS-Indexes end down as Fed minutes digested; Nvidia results awaited
Nvidia, Salesforce results due after the bellDick's Sporting Goods up after first-quarter results beatBy Caroline Valetkevitch NEW YORK, May 28 (Reuters) - U.S. stock indexes closed lower on Wednesday as investors digested minutes from the last Federal Reserve meeting and awaited results ...Reuters
Wed, May 28
Jefferies optimistic on revenue growth for Australia's Aristocrat Leisure
** Jefferies says upbeat land-based gross gaming revenues (GGR) data across the U.S. provides confidence in poker machine giant Aristocrat Leisure's ALL.AX fee per day (FPD) recovery in 2H25** Brokerage notes April GGR print to date indicates a 3.5% growth compared to the same period last year**...Reuters
Wed, May 28
EMERGING MARKETS-Strong dollar pressures Latam FX; stocks broadly lower ahead of Nvidia results
Latam stocks down 0.8%, FX down 0.7%Mexico's central bank cuts 2025, 2026 growth forecasts Brazil's Azul slumps on bankruptcy filing By Pranav Kashyap and Purvi Agarwal May 28 (Reuters) - Most Latin American currencies weakened against a strengthening dollar on Wednesday, while investors ...Reuters
Wed, May 28
Capri Delivers Tepid Q4 Results, Prepares to Refocus on Michael Kors, Jimmy Choo
Capri Holdings (NYSE:CPRI) delivered its fiscal 2025 fourth-quarter results on May 28, reporting revenue down 15% year over year to $1.0 billion and an operating loss of $33 million. The company, which in April announced a deal to sell its Versace unit to Prada, said it is pivoting to a renewed foc...The Motley Fool
Wed, May 28
Why Box Stock Jumped Nearly 20% Today
Shares of Box (NYSE: BOX) surged as much as 19.7% higher on Wednesday, peaking around 1:30 p.m. ET. The cloud-based data storage and content management veteran reported robust first-quarter fiscal-year 2026 results on Tuesday evening. By 3:10 p.m. ET, the stock was up about 18% from the previous day...The Motley Fool
Wed, May 28
Why Booz Allen Hamilton Stock Fell Today
Shares of government technology consultancy Booz Allen Hamilton (NYSE: BAH) fell on Wednesday, down as much as 4.9% before recovering modestly to a 4% decline as of 1:37 p.m. ET.Booz Allen sold off by a double-digit number last Friday following its fiscal-fourth-quarter earnings release, before reco...The Motley Fool
Wed, May 28
Why Abercrombie & Fitch Stock Is Soaring Today
Shares of Abercrombie & Fitch (NYSE: ANF) are flying higher on Wednesday. The company's stock had gained 15% as of 2:36 p.m. ET. The jump came as the S&P 500 and the Nasdaq Composite were mostly flat.The clothing retailer reported its first-quarter numbers before the market opened on Wednesday, beat...The Motley Fool
Wed, May 28
