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Why Palantir Stock Is Crashing Today
Shares of Palantir Technologies (NASDAQ: PLTR) are falling on Tuesday. The company's stock slid 14.1% as of 10:10 a.m. ET and was down as much as 14.6% earlier in the day. The move comes as the S&P 500 and the Nasdaq Composite fell by 1% and 1.2%, respectively.Shares of the big data analytics and ar...The Motley Fool
Tue, May 6
US STOCKS-Wall Street declines after Trump's latest tariff threats
Indexes down: Dow 1.06%, S&P 500 1.10%, Nasdaq 1.35%US trade deficit surges to record high in MarchBy Purvi Agarwal and Johann M Cherian May 6 (Reuters) - Wall Street's main indexes fell on Tuesday after U.S. President Donald Trump's latest plans for pharma tariffs renewed worries of ...Reuters
Tue, May 6
Payments processor FIS falls on weak Q2 profit forecast
** Shares of banking and payments processing firm Fidelity National Information Services FIS.N fall 3% to $75.96 in early trading** Co forecasts second-quarter profit below Wall Street estimate on Tuesday** Co expects Q2 adjusted earnings per share in the range of $1.34 to $1.38, below analysts'...Reuters
Tue, May 6
Constellation refocusing on grid-connected AI data center power projects
NEW YORK, May 6 (Reuters) - Constellation Energy is increasingly focused on potential data center projects that connect to the U.S. electrical grid in a pivot away from the company's previous emphasis on fueling the giant server warehouses directly from its power plants, company executives said ...Reuters
Tue, May 6
Palantir shares dive after quarterly results fail to impress investors
May 6 (Reuters) - Shares of Palantir Technologies PLTR.O slumped more than 13% on Tuesday, after quarterly results and a raised forecast failed to meet the high expectations of Wall Street investors, who had driven the stock price up significantly ahead of earnings.The data analytics company's s...Reuters
Tue, May 6
Disney Stock Has a Lot to Prove This Week
Investors aren't expecting to be blown away when Walt Disney (NYSE: DIS) pulls back the curtain to reveal its latest financial results this week. The media giant will announce its fiscal second-quarter numbers on Wednesday morning, hosting an earnings call to discuss its fresh financials an hour bef...The Motley Fool
Tue, May 6
Aptevo Therapeutics Inc expected to post a loss of $4.21 a share - Earnings Preview
Aptevo Therapeutics Inc APVO.OQ APVO.O is expected to show no change in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Aptevo Therapeutics Inc is for a loss of $4.21 per share. The one available analyst rating ...Reuters
Tue, May 6
Clorox slides after disappointing results, downbeat sales forecast
** Shares of Clorox CLX.N down 3.6% at $133.38, a nine-mth low, after cleaning product maker's fiscal Q3 results disappointed Wall Street and it cut 2025 sales outlook** Oakland, California-based Pine-Sol parent late Mon posted adj EPS of $1.45 on rev of $1.67 bln, shy of the $1.57 in earnings ...Reuters
Tue, May 6
European first-quarter corporate profits expected to return to growth
By Javi West Larrañaga and Marleen Kaesebier May 6 (Reuters) - European companies are expected to report growth of 0.4% in first-quarter earnings, according to LSEG I/B/E/S data released on Tuesday, compared to the 1.7% drop analysts had expected a week ago. The improvement comes after 58.4% o...Reuters
Tue, May 6
LIVE MARKETS-US GDP braces for subtle hit as student loan payments emerge from their pandemic pause
Main US indexes red; Nasdaq off most, down ~1.2%Healthcare weakest S&P 500 sector; Utilities lead gainersEuro STOXX 600 index off ~0.5%Dollar down; bitcoin dips; gold up >1.5%; crude up >3.5%US 10-Year Treasury yield edges up to ~4.36%Welcome to the home for real-time coverage of markets b...Reuters
Tue, May 6
Billionaire Bill Ackman Thinks Hertz Stock Could Reach $30 by the End of the Decade. Here's Why It Could Happen Sooner Than That.
Certain personalities on Wall Street have the influence to create major moves in a stock with a simple comment or social media post. Billionaire hedge fund manager Bill Ackman is one of those people.A couple of weeks ago, Ackman posted on X (previously known as Twitter) that his investment firm, Per...The Motley Fool
Tue, May 6
DigitalOcean Growth Rate Ticks Higher
Here's our initial take on DigitalOcean's (NYSE: DOCN) fiscal 2025 first-quarter financial results.Key MetricsMetricQ1 FY24Q1 FY25Changevs. ExpectationsRevenue$185 million$210.7 million 14%BeatEarnings per share$0.15$0.39 160%BeatAvg. revenue per customer (ARPU)$95.13$108.56 14%n/aNet dollar retenti...The Motley Fool
Tue, May 6
Omnicell falls after 2025 profit forecast cut
** Shares of medical software firm Omnicell OMCL.O fall as much as 16.7% to a near 10-month low of $25.39** OMCL cuts its 2025 adj profit forecast to a range of $1 and $1.65 per share, compared with previously projected range of $1.65 to $1.85e** Company, however, maintains its 2025 revenue forecast...Reuters
Tue, May 6
ALLETE Inc expected to post earnings of $1.04 a share - Earnings Preview
ALLETE Inc ALE.N, ALE is expected to report results on May 8 for the period ending March 31 2025LSEG's mean analyst estimate for ALLETE Inc is for earnings of $1.04 per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong...Reuters
Tue, May 6
Eli Lilly Stock Slips on Outlook. Is It Time to Buy the Dip?
Shares of Eli Lilly (NYSE: LLY) sank after the drugmaker lowered its full-year profit outlook, and a potential headwind to pricing and access to its drug Zepbound emerged. However, the guidance reduction stems from an up-front payment it made to acquire Scorpion Therapeutics' STX-478 program to trea...The Motley Fool
Tue, May 6
Cogent Biosciences Inc reports results for the quarter ended March 31 - Earnings Summary
Cogent Biosciences Inc COGT.OQ reported a quarterly adjusted loss of 52 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -62 cents. The mean expectation of nine analysts for the quarter was for a loss of 59 cents per share. W...Reuters
Tue, May 6
WK Kellogg cuts annual sales, profit forecasts on softening packaged food demand
May 6 (Reuters) - WK Kellogg KLG.N cut its annual organic sales and core profit forecasts on Tuesday after consumer spending weakened on its higher-priced products including Frosted Flakes and Apple Jacks cereals. Shares of the Battle Creek, Michigan-based company fell nearly 11% after it mis...Reuters
Tue, May 6
FARO Technologies hits 3-year high on $920 million acquisition by AMETEK
** Shares of 3D measurement software maker FARO Technologies FARO.O jump 34.7% to $42.370 in early trade** FARO scales its highest level since late April 2022; marks its biggest intraday pct. jump since November 7 last year** FARO jumps on agreement with industrial tools maker AMETEK AME.N; AME to b...Reuters
Tue, May 6
