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Fortinet shares surge 15% on earnings beat and raised guidance

Cybersecurity firm Fortinet (NASDAQ:FTNT) saw its shares soar 15% in after-hours trading on Tuesday after reporting second-quarter earnings that handily beat analyst expectations and raising its f
Investing.com
Tue, Aug 6

These are key indicators to watch for signs the pullback is ending

Stocks remained under heavy selling pressure at the start of the week as recession worries continued to dominate global sentiment. A short squeeze in the VIX further weighed on the broader stock marke
Investing.com
Tue, Aug 6

Financials set to push European earnings growth to first positive quarter since 20

Investing.com -- European corporate earnings are poised for their first positive quarter since 2022, driven significantly by the robust performance of financials, as per BofA Securities in a note date
Investing.com
Tue, Aug 6

Baxter shares rise 3% as Q2 results top estimates, guidance lifted

NEW YORK - Baxter International Inc. (NYSE:BAX) shares gained 3% in premarket trading Thursday after the medical products company reported better-than-expected second quarter results and raised its fu
Investing.com
Tue, Aug 6

Stifel says dip is not a blip, stay defensive

The U.S. stocks witnessed a sharp pullback on Monday, pushing the S&P 500 index down 3% to 5,186, its lowest closing price since early May. However, analysts at Stifel believe the correction may conti
Investing.com
Tue, Aug 6

Palantir, Uber, Kenvue rise premarket; Yum! Brands fall

Investing.com -- U.S. stock futures rose Tuesday, rebounding after the previous session recession-inspired sharp losses.Here are some of the biggest premarket U.S. stock movers todayPalantir (NYSE:PLT
Investing.com
Tue, Aug 6

Kenvue stock gains 4% as FY earnings guidance tops estimates

NEW BRUNSWICK, N.J. - Kenvue Inc . (NYSE: NYSE:KVUE) reported second quarter earnings that met analyst expectations, while providing full-year guidance that came in slightly ahead of consensus est
Investing.com
Tue, Aug 6

Institutional investors bought the dip, retail traders sold aggressively

Retail investors were aggressive net sellers on Monday following the sharp equities pullback, with most of the selling occurring in the first hour of trading, JPMorgan (NYSE:JPM) strategists noted.The
Investing.com
Tue, Aug 6

It's still too early to buy the dip in markets, Citi says

Global equities took a significant hit on Monday, with Japan’s Nikkei and Topix each plummeting 12% on the day, pushing the latter into bear market territory.The U.S. market also suffered as a string
Investing.com
Tue, Aug 6

Travis Perkins shares down on H1 results, lowered FY guidance

Investing.com -- Travis Perkins PLC's  (LON:TPK) shares traded lower on Tuesday following its first-half results and a revision of their full-year (FY) EBITA guidance.The results flagged ongoing m
Investing.com
Tue, Aug 6

Domino's shares down weak results and lowered EBITDA outlook

Investing.com -- Shares of Domino’s Pizza (NYSE:DPZ) Group PLC (LON:DOM) dropped on Tuesday after the company released its interim results.At 4:56 am (0856 GMT), Domino's Pizza Group PLC was trading 6
Investing.com
Tue, Aug 6

Goldman Sachs: Seven takeaways from the market sell-off

The S&P 500 index has dropped by 6% over the past three days amid investor concerns about the durability of US economic growth. During this period, stock market volatility, as measured by the VIX inde
Investing.com
Tue, Aug 6

Zalando shares up on strong Q2 results

Investing.com -- Zalando SE (ETR:ZALG) reported upbeat second-quarter results, driving its shares higher. At 4:34 am (0834 GMT), Zalando was trading 2% higher at €22.42. The European fashion platf
Investing.com
Tue, Aug 6

Adecco shares up on better-than-expected Q2 results

Investing.com -- Shares of Adecco Group AG (SIX:ADEN)jumped on Tuesday following its second-quarter results which were slightly ahead of expectations despite a challenging macroeconomic environmen
Investing.com
Tue, Aug 6

Goldman Sachs: Correction has room to run, but bear market 'remains unlikely'

The recent market correction may have further to go, but a bear market is unlikely, Goldman Sachs (NYSE:GS) strategists said in a Tuesday note.The Wall Street firm points to several factors contributi
Investing.com
Tue, Aug 6

Abrdn beats estimates, shares jump

Investing.com -- Shares of Abrdn (LON:ABDN) jumped on Tuesday after the company reported better-than-expected half-year results. At 3:43 am (0743 GMT), Abrdn was trading 4.3% higher at £166.85The asse
Investing.com
Tue, Aug 6

Bayer shares little changed after mixed Q2 results

Investing.com -- Bayer AG 's (ETR:BAYGN) shares were little changed on Tuesday following its second-quarter results.The German pharmaceutical and life sciences giant reported group sales of €11.14
Investing.com
Tue, Aug 6

FTSE 100 up today; U.K. shares up at market open

Investing.com – U.K. equities started with gains on Tuesday, with rises in nearly all sectors, the most notable ones being the Construction & Building Materials, Travel & Leisure, Person
Investing.com
Tue, Aug 6

IHG Posts strong H1 results, driven by RevPAR growth, record hotel signings

Investing.com -- IHG Hotels&Resorts (LON:IHG) on Tuesday reported its results for the first half of 2024. The company's operating profit from reportable segments climbed 12% to $535 million, drive
Investing.com
Tue, Aug 6

Aramco reports 3.4% dip in Q2 profit on lower crude volumes

Investing.com -- Energy giant Aramco (TADAWUL:2222) reported a 3.4% decline in its second-quarter net income on Tuesday on lower crude volumes. The company reported a net income of 109.01 billion Saud
Investing.com
Tue, Aug 6
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