News
Important Only
Bloomin' Brands Inc reports results for the quarter ended March 31 - Earnings Summary
Bloomin' Brands Inc BLMN.OQ reported quarterly adjusted earnings of 59 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 56 cents per s...Reuters
Wed, May 7
Disney: Strong in a Tough Environment
Here's our initial take on Walt Disney's (NYSE: DIS) fiscal 2025 second-quarter financial report.Key MetricsMetricQ2 2024Q2 2025Changevs. ExpectationsRevenue$22.1 billion$23.6 billion7%BeatEarnings per share (adjusted)$1.21$1.4520%BeatDirect-to-consumer operating income$47 million$336 million615%n/a...The Motley Fool
Wed, May 7
After Another Weak Quarter for Starbucks, Is It Time to Avoid the Stock?
The story of Starbucks (NASDAQ: SBUX) today is the story of a giant trying to figure out how to keep its growth train going. The company's most recent results did not provide much inspiration. The changes begun by its still-fairly new CEO -- formerly the head of Chipotle (NYSE: CMG) -- haven't yet y...The Motley Fool
Wed, May 7
Street View: Duke's electricity demand set to surge with GE partnership
** Utility Duke Energy DUK.N on Tuesday beat Wall Street expectations for first-quarter revenue and profit, helped by higher electricity rates, retail sales and a colder winter** Average recommendation of 21 brokerages is "buy", median PT is $123 - data compiled by LSEG SURFING THE ENERG...Reuters
Wed, May 7
Elanco gains on Q1 beat, raised forecast
** Elanco Animal Health's ELAN.N shares rise 8.83% to $10.35 premarket** Company, which makes drugs for animals, reports Q1 revenue of $1.19 billion vs est $1.17 billion - LSEG** Raises annual forecast to be between $4.51 billion and$4.58 billion vs prior expectation of $4.45 billion to $4.51 bi...Reuters
Wed, May 7
U.S. STOCKS ON THE MOVE-Rockwell Automation, AvidXchange, BorgWarner
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Wednesday as hopes of a de-escalation in trade tensions with Beijing firmed, while investors awaited the Federal Reserve's decision on interest rates tha...Reuters
Wed, May 7
Why VeriSign Rallied 11.1% in April
Shares of the internet address registry VeriSign (NASDAQ: VRSN) rallied 11.1% in April, according to data from S&P Global Market Intelligence.In the turbulent times following the April 2 "Liberation Day" tariff announcements, VeriSign's monopolistic, annuity-like business remained a safe haven for i...The Motley Fool
Wed, May 7
Arista's Sales, EPS Surge; Stock Slumps
Here's our initial take on Arista Networks' (NYSE: ANET) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$1.57 billion$2.00 billion 28%BeatAdjusted earnings per share$0.50$0.65 30%BeatAdjusted gross margin64.2%64.1%-0.1 ppn/aAdjusted operating margin4...The Motley Fool
Wed, May 7
Sunscreen maker Edgewell plunges on annual forecast cuts
** Shares of sunscreen maker Edgewell Personal Care EPC.N down ~10% at $26.98 premarket** Co expects fiscal 2025 organic net sales growth to be flat to 1% vs prior forecast of 1% to 3% rise** Sees adjusted earnings per share in the range of $2.09 to $2.29 vs previous expectations of $2.54 to $2.74**...Reuters
Wed, May 7
Cantor downgrades Marvell Technology: Potential catalysts ’few and far between’
Investing.com -- Cantor Fitzgerald downgraded Marvell (NASDAQ:MRVL) Technology to Neutral from Overweight in a note Wednesday, citing growing concerns over the company’s future custom silicon businessInvesting.com
Wed, May 7
Icahn Enterprises dips after wider Q1 loss
** Shares of investment company Icahn Enterprises IEP.O fall 2% to $8.55 in trading before the bell ** Reports Q1 loss attributable to IEP of $422 million in the three months ended March 31, compared with loss of $38 million in the year-ago period ** Co says it was hurt by losses of $224 million in ...Reuters
Wed, May 7
CPI Card Group Inc reports results for the quarter ended March 31 - Earnings Summary
CPI Card Group Inc PMTS.OQ reported quarterly adjusted earnings of 40 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of four analysts for the quarter was for earnings of 65 cents per share. Wal...Reuters
Wed, May 7
US STOCKS-Wall St set for gains on China trade de-escalation hopes; Fed verdict awaited
Futures up: Dow 0.45%, S&P 500 0.32%, Nasdaq 0.20%Fed's monetary policy announcement due at 2 pm ETUber falls after Q1 revenue misses estimatesDisney shines as earnings top expectationsBy Purvi Agarwal and Johann M Cherian May 7 (Reuters) - U.S. stock index futures pointed to a slightly h...Reuters
Wed, May 7
Bio-Techne rises on Q3 profit beat
** Shares of biotech firm Bio-Techne TECH.O rise 4.8% to $50.05 premarket** Co reports Q3 profit of 56 cents per share, surpassing estimates of 51 cents, according to data compiled by LSEG ** TECH posts Q3 revenue of $316.2 million, falling short of analysts' estimate of $317.53 million ** Inclu...Reuters
Wed, May 7
Honeywell rises as BofA upgrades stock to Buy on a return to positive revisions
Investing.com -- Bank of America (NYSE:BAC) (BofA) has upgraded Honeywell (NASDAQ:HON) to Buy from Neutral and raised its price objective on the stock to $250 from $210, citing a return to stable or pInvesting.com
Wed, May 7
Upstart Falls as Investors Fear Stall
Here's our initial take on Upstart Holdings' (NASDAQ: UPST) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsProduction-adjusted revenue$127.8 million$213.4 million 67%BeatAdjusted earnings per share($0.31)$0.30N/MBeatAdjusted EBITDA($20.3 million)$42.6 millionN/Mn...The Motley Fool
Wed, May 7
Palantir Just Delivered a Monster Quarter, but the Stock Is Plummeting. The Reason Why Is Obvious.
Until recently, the capital markets have exhibited abnormal levels of strength over the last few years. Perhaps the biggest influence fueling stocks during this period is the bullish narrative surrounding artificial intelligence (AI).Since May 5, 2022, the Invesco QQQ ETF -- which tracks the Nasdaq-...The Motley Fool
Wed, May 7
Baltic index falls as capesize segment declines
May 7 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday, as lower rates in the capesize segment overshadowed gains in the panamax and supramax segments.* The main index .BADI, which monitor...Reuters
Wed, May 7
Novo Nordisk hopes to see US Wegovy sales recover soon
Wegovy sales expected to recover after FDA ban on copycatsGuidance for 2025 sales, profit both cut Slower US obesity market penetration Q4 sales narrowly miss, profits beatShares up 3.4%By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN/LONDON, May 7 (Reuters) - Drugmaker Novo Nordisk NOVOb.CO...Reuters
Wed, May 7
Intermex slides on annual forecast cut
** Shares of money transfer services provider International Money Express, better known as Intermex IMXI.O, slide 11.2% to $11 premarket** IMXI cuts annual forecasts for profit and revenue, citing economic uncertainty ** "Current levels of uncertainty and volatility affecting market conditions a...Reuters
Wed, May 7
