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Payroll software maker Paycom forecasts weak 2026 revenue, shares fall
Feb 11 (Reuters) - Paycom Software PAYC.N forecast annual revenue below Wall Street expectations on Wednesday, as businesses delay or reduce HR and payroll software purchases amid tighter budgets, sending its shares down over 7% in extended trading.Macroeconomic challenges could constrain Paycom'...Reuters
9 minutes ago
McDonald's beats quarterly global sales estimates as value bets pay off
Q4 global same-store sales rise 5.7%, beating 3.7% estimateRevenue jumps 10% to $7.01 billionMcDonald's value promotions attract budget-conscious US dinersBy Savyata Mishra and Waylon Cunningham Feb 11 (Reuters) - McDonald's topped Wall Street estimates for fourth-quarter global comparab...Reuters
14 minutes ago
Ameren beats quarterly profit estimates on higher electricity rates
Feb 11 (Reuters) - Utility company Ameren Corp AEE.N narrowly beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by higher electricity rates and stronger retail sales in its Missouri unit.Utilities aim to shift higher grid-modernization costs to customers by lifting power rate...Reuters
15 minutes ago
Cisco posts quarterly gross margin below estimates, shares fall
By Juby BabuFeb 11 (Reuters) - Cisco Systems posted quarterly adjusted gross margin below market estimates on Wednesday, as the networking equipment provider grapples with the fallout of a global memory price increase, sending its shares down 7% in extended trading. The rapid build-out of artificial...Reuters
18 minutes ago
Fastly Shares Soar After Crushing Q4 Earnings Estimates, Upbeat Guidance
Fastly, a leading global edge cloud platform, reported fourth-quarter earnings that significantly exceeded analyst expectations, sending shares surging 32% as the company delivered record revenue and raised its outlook for the coming year.The edge computing specialist reported adjusted earnings of $...Tiger News
20 minutes ago
Viking Therapeutics plans to advance oral obesity drug to late-stage testing
By Sneha S K Feb 11 (Reuters) - Viking Therapeutics VKTX.O said on Wednesday it plans to test its experimental oral obesity drug in a late-stage study later this year.Shares of the company rose nearly 8.9% to $31.10 in after-market trading. The company plans to advance a tablet form of its exper...Reuters
26 minutes ago
GLOBAL MARKETS-Yields rise, US stocks end down slightly as job growth jumps in January
US stocks end slightly lowerSTOXX, MSCI world indexes hit record highsUS job growth surges in JanuaryFed's interest rate pause bolstered by jobs dataBy Caroline Valetkevitch NEW YORK, Feb 11 (Reuters) - U.S. stocks finished slightly lower while Treasury yields rose on Wednesday after data sho...Reuters
27 minutes ago
Cisco Gives Tepid Margin Forecast, Marring Upbeat Outlook
Cisco gave a weaker-than-expected forecast for profitability in the current quarter, spurring concerns that mounting memory-chip prices are taking a toll on the company.Adjusted gross margin, which measures the percentage of sales left over after deducting production costs, will be 65.5% to 66.5% in...Tiger News
38 minutes ago
AST SpaceMobile descends on announcing $1 bln convertible, direct stock deals
AST SpaceMobile ASTS.O shares down 10.3% in extended trading to $87 as it seeks capital raiseMidland, Texas-based firm announces private offering of $1 bln convertible bonds (CBs) due Apr 15, 2036It intends to use net offering proceeds for general purposes, including accelerating deployment of contr...Reuters
an hour ago
Viking Therapeutics rises on plans to test oral obesity drug in late-stage studies
Shares of obesity drug developer Viking Therapeutics VKTX.O rise 9.4% to $31.24 after hours VKTX says it plans to advance its experimental oral obesity drug VK2735 into late-stage trials in Q3 of this year "The company believes the availability of both an oral and an injectable formulation is an...Reuters
2 hours ago
FDA defends its decision to refuse review of Moderna's flu vaccine
FDA rejects Moderna's flu vaccine application over trial design issuesModerna shares drop as much as 12%Moderna CEO criticizes FDA's decision, cites prior agreementFDA suggests resubmission for younger age group considerationBy Mariam Sunny and Michael Erman Feb 11 (Reuters) - A U.S. Food...Reuters
2 hours ago
Top 10 US Stock Gainers (2.11)
MNTN(MNTN) rose 37.15%, with a trading turnover 102.7 Million USD, and a year-to-date fell 6.6%. Teradata(TDC) rose 29.59%, with a trading turnover 429.7 Million USD, and a year-to-date rose 24.4%. Diodes(DIOD) rose 26.42%, with a trading turnover 146.6 Million USD, and a year-to-date rose 58.1%.Longport
2 hours ago
Top 10 US Stock Losers (2.11)
Upstream Bio(UPB) fell 47.18%, with a trading turnover 140.1 Million USD, and a year-to-date fell 45.9%. Unity Software(U) fell 26.32%, with a trading turnover 2.2 Billion USD, and a year-to-date fell 51.5%. Mattel(MAT) fell 24.98%, with a trading turnover 629.5 Million USD, and a year-to-date fell 20.4%.Longport
2 hours ago
Top 5 CDRs Gainers/Losers (>100M) (2.11)
ACM Research(ACMR) rose 12.33%, with a trading turnover 187.1 Million USD, and a year-to-date rose 79.2%. Vnet(VNET) rose 12.18%, with a trading turnover 165.1 Million USD, and a year-to-date rose 60%. Hesai(HSAI) fell 5.9%, with a trading turnover 82.1 Million USD, and a year-to-date rose 16%. HUYA(HUYA) fell 5.53%, with a trading turnover 10.1 Million USD, and a year-to-date rose 60.1%.Longport
2 hours ago
Top 5 US Stock Gainers/Losers (>100B) (2.11)
Micron Tech(MU) rose 9.94%, with a trading turnover 19.2 Billion USD, and a year-to-date rose 43.8%. AstraZeneca(AZN) rose 5.87%, with a trading turnover 700.8 Million USD, and a year-to-date rose 122.7%. Shopify (SHOP) fell 6.7%, with a trading turnover 6.2 Billion USD, and a year-to-date fell 26.3%. IBM(IBM) fell 6.5%, with a trading turnover 2.1 Billion USD, and a year-to-date fell 7.4%.Longport
2 hours ago
TRADING DAY-Payrolls surprise, another yen rise
By Jamie McGeever ORLANDO, Florida, Feb 11 (Reuters) - Wall Street wobbled and Treasury yields rose on Wednesday following the release of stronger-than-expected U.S. jobs data, while Japan's yen extended its strong post-election rally for a third day. In my column today, I look at U.S. wo...Reuters
2 hours ago
Rollins misses quarterly estimates on weaker demand for pest control services
Feb 11 (Reuters) - Rollins ROL.N missed Wall Street fourth-quarter estimates on Wednesday, as consumers reduced spending on pest control services amid ongoing macroeconomic uncertainty, sending its shares down about 14% in after-hours trading.Persistent inflation and high interest rates have led res...Reuters
2 hours ago
Which Invesco Defensive ETF is the Better Buy?
Key PointsThe Invesco S&P 500 Equal Weight Consumer Staples ETF carries a lower expense ratio and a higher yield than the Invesco Food & Beverage ETF.The Invesco S&P 500 Equal Weight Consumer Staples ETF includes a broader mix of consumer staples stocks while the other focuses on food and beverage n...The Motley Fool
2 hours ago
Motorola Solutions forecasts annual sales and profit above estimates
Feb 11 (Reuters) - Motorola Solutions MSI.N forecast annual sales and profit above Wall Street estimates on Wednesday, betting on its public safety technology business to benefit from sustained government spending.Shares of the Chicago-based company rose more than 3% in extended trading.Public safet...Reuters
2 hours ago
CANADA STOCKS-TSX pulls back from record intra-day high as Shopify slides
TSX ends down 0.01% at 33,254.19Shopify falls 7.03% on free cash flow margin forecastAllied Properties Real Estate Investment Trust plunges 27.83%Energy climbs 3.06% as oil settles higherBy Fergal Smith TORONTO, Feb 11 (Reuters) - Canada's main stock index pulled back on Wednesday from an int...Reuters
2 hours ago
