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US stock futures drift lower as rebound stalls, tech weakness persists

Investing.com-- U.S. stock index futures fell in evening deals on Wednesday after a Wall Street rebound ran out of steam, while weakness in technology stocks persisted as major chipmakers were pressur
Investing.com
Aug 8, 2024

HubSpot stock soars 7% on earnings beat, strong FY guidance

HubSpot, Inc. (NYSE: NYSE:HUBS) shares jumped 7% in after-hours trading Wednesday after the customer relationship management software company reported second-quarter results that beat analyst expectat
Investing.com
Aug 7, 2024

Monster Beverage shares tumble after disappointing Q2 earnings

 Monster Beverage (NASDAQ:MNST) reported second-quarter earnings that fell short of analyst expectations, sending shares down 9% in after-hours trading.The energy drink maker posted adjusted earnin
Investing.com
Aug 7, 2024

Super Micro Computer, Airbnb, Rivian and Lyft fall premarket; Shopify rises

Investing.com -- U.S. stock futures rose Wednesday, continuing to rebound after the tech-led rout at the start of the week.Here are some of the biggest premarket U.S. stock movers todayWalt Disney
Investing.com
Aug 7, 2024

Hedge funds had best first half performance since 2021: Goldman

Hedge funds had a stellar first half in 2024, marking their best performance since the same period of 2021, Goldman Sachs (NYSE:GS) said in a recent report.Despite challenging market conditions and on
Investing.com
Aug 7, 2024

Commerzbank shares fall as Q2 results disappoint and provisions weigh on performan

Investing.com -- Commerzbank (ETR:CBKG) shares were down on Wednesday following its second quarter results.At 6:29 am (1029 GMT), Commerzbank was trading 5% lower at €12.52.The bank reported a net pro
Investing.com
Aug 7, 2024

Evotec shares crash 36% on profit warning

Investing.com -- Shares in Evotec AG (ETR:EVTG) plunged on Wednesday following a profit warning issued late on Tuesday night. Evotec shares plummeted 36.1% to €5.33 at ET 5:33 am (0933 GMT). The com
Investing.com
Aug 7, 2024

Maersk stock slides after Q2 profit plunge amid red sea disruptions

Investing.com -- Maersk's (CSE:MAERSKb) shares fell on Wednesday following its second-quarter earnings report. At 5:11 am (0911 GMT), Maersk was trading 1.6% lower at DKK 10,430.The company's profit f
Investing.com
Aug 7, 2024

Beiersdorf shares drop after Q2 misses estimates

Investing.com -- Beiersdorf AG (ETR:BEIG) shares fell on Wednesday after its second-quarter earnings report fell short of forecasts. The share price decrease reflects weaker-than-expected margins
Investing.com
Aug 7, 2024

Rivian stock dips as EV maker keeps production outlook unchanged, posts wider loss

Investing.com -- Rivian reported Tuesday a wider loss in the second-quarter as the electric vehicle (EV) maker produced fewer vehicles in the quarter amid changes to its R1 platform targeting improved
Investing.com
Aug 7, 2024

Continental AG stock rises following solid Q2 results

Investing.com -- Continental AG (ETR:CONG) shares jumped on Wednesday following its second quarter results which met expectations despite a downward adjustment to its full-year outlook. At 4:13 am (
Investing.com
Aug 7, 2024

Puma's profitability takes a hit, shares plummet

Investing.com -- Puma SE (ETR:PUMG) shares tumbled on Wednesday after the company reported disappointing second-quarter results and slashed its full-year profit outlook.At 3:52 am (0752 GMT), Puma SE
Investing.com
Aug 7, 2024

FTSE 100 opens higher today; house prices better than expected

Investing.com – U.K. equities started with gains on Wednesday, with rises in nearly all sectors, the most notable ones being the Banks, Life Insurance, Financial Services and Mobile Telecommunic
Investing.com
Aug 7, 2024

Sony outperforms with double-digit profit growth

Investing.com -- Sony Corp (TYO:6758) reported a 10% rise in operating profit for the first quarter, beating analyst estimates driven by growth in the game and network Services (G&NS), music, and imag
Investing.com
Aug 7, 2024

Novo Nordisk profit misses estimates

Investing.com -- Novo Nordisk (NYSE:NVO) reported smaller than expected net profit for the second quarter on Wednesday and revised its operating profit forecast downward.The pharmaceutical company rep
Investing.com
Aug 7, 2024

Softbank logs unexpected loss in Q1, announces $3.4 bln buyback

Investing.com-- SoftBank Group Corp. (TYO:9984) clocked an unexpected loss in the June quarter despite increased technology valuations on optimism over artificial intelligence, although the company st
Investing.com
Aug 7, 2024

Asian stocks rise, Nikkei extends rebound on BOJ comments

Investing.com-- Most Asian stocks rose on Wednesday as they recovered from steep losses earlier this week, while Japanese markets rose sharply following some encouraging comments on interest rates fro
Investing.com
Aug 7, 2024

Japan stock slump opens the door for increased buybacks- UBS

Investing.com-- A recent slump in Japanese stock markets may provide local firms with an opportunity to increase stock buybacks, UBS said in a note, adding that Japanese stocks still offered value.Jap
Investing.com
Aug 7, 2024

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
Aug 6, 2024

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
Aug 6, 2024
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