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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
GLOBAL MARKETS-Shares down as markets brace for Nvidia results, oil prices rise after Chevron ban
Shares dip after recent jump Nvidia results in focusJapanese bond auction sees tepid demandDollar inches higherBy Chibuike Oguh NEW YORK, May 28 (Reuters) - Global shares were lower on Wednesday, poised to snap two straight sessions of gains, with markets bracing for Nvidia's NVDA.O results w...Reuters
Wed, May 28
Why Joby Aviation Stock Is Soaring Today
Shares of Joby Aviation (NYSE: JOBY) are flying higher on Wednesday. The company's stock spiked 30.2% as of 2:21 p.m. ET. The jump comes as the S&P 500 and the Nasdaq Composite were mostly flat.The company, which develops electric vertical take-off and landing (eVTOL) aircraft, announced yesterday a...The Motley Fool
Wed, May 28
US STOCKS-Indexes near flat following Fed minutes; Nvidia results ahead
Nvidia, Salesforce results due after the bellDick's Sporting Goods up after first-quarter results beatIndexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.1%By Caroline Valetkevitch NEW YORK, May 28 (Reuters) - U.S. stock indexes were narrowly mixed on Wednesday afternoon as investo...Reuters
Wed, May 28
Brazil airline Azul files for Chapter 11 to restructure debt
Restructuring includes commitment of $1.6 billion in financing Deal also includes elimination of more than $2 billion of debt Further commitment of up to $950 million in equity financingBy Gabriel Araujo May 28 (Reuters) - Brazilian airline Azul AZUL.N on Wednesday filed for Chapter 11 bankru...Reuters
Wed, May 28
A Cathie Wood Favorite Is Falling: Why Tempus AI Stock Is Imploding Today
Shares of Tempus AI (NASDAQ: TEM) are falling on Wednesday. One of Cathie Wood's largest holdings, the company's stock plummeted 18.7% as of 2:15 p.m. ET. The collapse comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) were mostly flat.Tempus, a "precision medicine"...The Motley Fool
Wed, May 28
Monro shares poised for biggest daily pct gain ever; co says to close 145 stores
** Shares of Monro MNRO.O up 29.7% at $16.56, on track for biggest daily percentage gain in its history, on Wed after the auto repair service co reported qtrly results including sales that beat expectations but adj EPS that disappointed** The co also said it had identified 145 underperforming stores...Reuters
Wed, May 28
Why Advance Auto Parts Stock Is Rising Today
Shares of the aftermarket automotive products company Advance Auto Parts (NYSE: AAP) were climbing today after a report released this week showed that demand for used vehicles is rising. If Americans continue to hold on to their older vehicles, it could help spur more auto parts sales.Investors may ...The Motley Fool
Wed, May 28
Dicks Sporting Goods Sales Jump
DICK'S Sporting Goods (NYSE:DKS) reported 1Q25 earnings on May 28, 2025, delivering 4.5% comparable sales growth, consolidated sales of $3.17 billion, and non-GAAP EPS of $3.37 while reaffirming full-year guidance. Management announced substantive strategic progress, including acceleration in omnich...The Motley Fool
Wed, May 28
Should I Save for Retirement as If Social Security Won't Exist?
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any question...The Motley Fool
Wed, May 28
U.S. STOCKS ON THE MOVE-Nvidia, Salesforce, Kestrel Group
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell slightly on Wednesday, after a sharp rally in the previous session sparked by easing trade tensions, as investors awaited AI bellwether Nvidia's resul...Reuters
Wed, May 28
Kestrel Group soars in Nasdaq listing after merger with Maiden Holdings
** Shares of specialty insurance firm Kestrel Group KG.O begin trading on the Nasdaq under ticker symbol "KG" after merger completion with Bermuda-based Maiden Holdings** Shares jump as much as 60%, last up 37.8% at $31.71** In December, the companies had agreed to combine their business in ...Reuters
Wed, May 28
