News
Important Only
Opendoor soars after new CEO appointment, founders rejoin board
** Shares of residential real estate platform Opendoor Technologies OPEN.O rise 11.1% to $6.51 after the bell** OPEN names Kaz Nejatian, chief operating officer of Shopify SHOP.TO, as new CEO** Co-founders Keith Rabois and Eric Wu will return to OPEN's board; Rabois will also become the chairman...Reuters
27 minutes ago
Oxford Industries Tops Q2 EPS Guidance
Oxford Industries (NYSE:OXM) reported second quarter fiscal 2025 earnings on September 10, 2025, posting consolidated net sales of $403 million, a 4% year-over-year decline, and adjusted EPS of $1.26, above guidance despite ongoing margin pressures from elevated U.S. tariffs. Management affirmed ful...The Motley Fool
30 minutes ago
Why Matrix Service Stock Dived by Almost 14% on Wednesday
Key PointsThe company posted a surprise net loss in its latest quarter.It did, however, notch a double-digit increase in revenue.10 stocks we like better than Matrix Service › Matrix Services (NASDAQ: MTRX) stock couldn't surmount the hump that was Hump Day. On the back of a quarterly earnings repor...The Motley Fool
40 minutes ago
Waystar drops after launching secondary offering by top holders
** Shares of healthcare payments software provider Waystar WAY.O down 4.5% at $38.67 in extended trading after secondary offering news** Utah-headquartered Waystar says Swedish private equity firm EQT AB EQTAB.SB, Bain Capital and Canada Pension Plan Investment Board (CPPIB) to offload 18 mln shares...Reuters
50 minutes ago
Oxford Industries gains on quarterly profit beat
** Shares of clothing company Oxford Industries OXM.N rise 14.5% to $46.25 in extended trading** Company reports Q2 adjusted profit of $1.26/share vs est of $1.18/share — data compiled by LSEG** OXM posts Q2 net sales of $403 million, compared with $420 million a year ago** Company reaffirms fiscal ...Reuters
58 minutes ago
GLOBAL MARKETS-Shares gain, bond yields fall as tame US inflation boosts Fed rate cut hopes
Global equities gain on US producer inflation dataDollar index near flat, US Treasury yields fallPolish shares fall on geopolitical worriesGold holds near record, oil prices settle up >$1/barrelNext up: US consumer price data due ThursdayBy Sinéad Carew and Jaspreet Kalra NEW YORK, Sept 10 (Re...Reuters
an hour ago
Methode Electronics Eyes 2026 Growth
Methode Electronics(NYSE:MEI) reported fiscal 3Q2025 results on March 5, 2025, with sales of $239.9 million (down 8% year-over-year), an adjusted pretax loss of $7.3 million, and a return to $19.6 million in free cash flow (non-GAAP) despite significant auto program roll-offs. Management reaffirmed ...The Motley Fool
an hour ago
Kewaunee Scientific Q1 Revenue Jumps 47%
Key PointsRevenue increased 46.9%, reflecting contributions from the Nu Aire acquisition and growth across both Domestic and International segments.Adjusted EBITDA rose 61.5%. Net profit climbed 41.0%.Order backlog reached $205.0 million as of July 31, 2025, up 28.6% compared to July 31, 2024, but m...The Motley Fool
an hour ago
Why Micron Technology Rallied Today
Key PointsMicron received an inferencing-led analyst upgrade yesterday. On last night's earnings call, Oracle Chairman Larry Ellison pointed to massive inferencing demand in the future. Oracle's demand guide lifted AI infrastructure stocks across the board today. 10 stocks we like better than Micron...The Motley Fool
an hour ago
TRADING DAY-Inflation cools, Oracle on fire
By Jamie McGeever ORLANDO, Florida, Sept 10 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Surprisingly soft U.S. producer price inflation figures on Wednesday spurred outside bets on a half a percentage point cut in U.S. interest rate...Reuters
an hour ago
Enovix falls after $300 mln convertible bonds sale unveil
** Shares of battery maker Enovix ENVX.O down 13.5% at $7.91 in extended trading as it plans to raise capital** Silicon Valley-based firm announces private offering of $300 mln convertible bonds due 2030** Co plans to use net offering proceeds for general purposes, including to fund potential acquis...Reuters
an hour ago
Quantum Corp down after posting fall in quarterly revenue
** Shares of Quantum Corp QMCO.O down 16.8% at $7.13 after the bell** QMCO reports Q1 revenue of $64.3 million vs $72.3 million in the year-ago period** Posts Q1 adj. loss per share of $1.58 vs loss of $1.59 a year ago ** QMCO expects Q2 revenue of $61 million, plus or minus $2 million; adj. loss of...Reuters
an hour ago
Alliance Entertainment Profit Jumps
Key PointsGross margin expanded sharply to 15.8%, up from 11.4% in the prior year, reflecting improved product mix and automation savings.Adjusted EBITDA climbed to $12.2 million, a gain of 481 % compared to Q4 2024.Revenue dipped 3.4% for FY2025 compared to FY2024, as gains in physical media sales ...The Motley Fool
an hour ago
CANADA STOCKS-TSX extends record-setting run as resource shares climb
TSX ends up 0.4% at 29,179.39Eclipses Tuesday's record closing highEnergy gains 1.9% as oil settles up 1.7%Materials group adds 1.9%By Fergal Smith TORONTO, Sept 10 (Reuters) - Canada's main stock index rose to another record high on Wednesday, as higher commodity prices boosted resource...Reuters
an hour ago
Avidity Biosciences slides on planned $500 mln stock offering
** Shares of Avidity Biosciences RNA.O down 18.1% to $38 post-market as it seeks equity raise ** San Diego, California-based firm announces $500 mln stock offering ** Co plans to use net offering proceeds to advance its three late-stage clinical programs, to progress R&D associated with it...Reuters
2 hours ago
REFILE-LIVE MARKETS-S&P 500, Nasdaq manage record closes but give up gains late ahead of CPI
S&P 500, Nasdaq end higher, Dow down Tech leads S&P 500 sector gainers; cons. discretionary down mostBitcoin, crude futures, gold up; dollar flatU.S. 10-yr Treasury yield falls to 4.05% Sept 10 (Reuters) - Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
2 hours ago
Vince Posts 6600% EPS Jump in Fiscal Q2
Key PointsNon-GAAP earnings per share climbed to $0.38 in Q2 FY2025, reflecting strong non-GAAP profit growth despite sales softness.Gross margin improved 3.0 percentage points to 50.4% in Q2 FY2025, supported by lower product costs and higher pricing.Direct-to-consumer sales rose 5.5%, leading to a...The Motley Fool
2 hours ago
Lesaka EBITDA Jumps 61% in Fiscal Q4
Key PointsGroup Adjusted EBITDA reached $16.7 million (ZAR 305.6 million), rising 61% year-over-year in ZAR during Q4 FY2025 as the company achieved non-GAAP profitability guidance for FY2025.Net loss widened mainly due to large one-time non-cash charges, increasing to $28.8 million in Q4 FY2025.Man...The Motley Fool
2 hours ago
Aviat Networks Posts 15% EPS Jump in Q4
Key Points- Earnings per share (non-GAAP) rose 15.3% year over year to $0.83 in Q4 FY2025.- Revenue slipped 1.1% in Q4 FY2025 compared to the prior year period, with notable international softness due to project timing.These 10 stocks could mint the next wave of millionaires › Aviat Networks (NASDAQ...The Motley Fool
2 hours ago
US STOCKS-S&P 500 and Nasdaq notch record-high closes as Oracle soars on AI optimism
Producer prices fall unexpectedly in AugustOracle's forecast boosts chipmakers, power supply companiesBarclays, Deutsche Bank raise S&P 500 2025 year-end target S&P 500 +0.30%, Nasdaq +0.03%, Dow -0.48%By Noel Randewich and Ragini Mathur Sept 10 (Reuters) - The S&P 500 and Nasdaq ...Reuters
2 hours ago
