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Shipbuilder Austal sees largest drop in over 10 years on outlook downgrade
Shares of Australian shipbuilder Austal Ltd ASB.AX nosedive 28.5% to A$4.510, their lowest since April 10, 2025Stock marks its worst intraday drop since December 2015ASB worst performer in the ASX 200 benchmark index .AXJO, which is down 1% as of 2345 GMTOn Thursday after market close, ASB downgrade...Reuters
10 minutes ago
Dutch Bros Soars as Q4 Earnings, Sales Top Expectations
Dutch Bros shares surged 12.3% in after-hours trading Thursday after the fast-growing beverage chain reported fourth-quarter earnings that significantly exceeded analyst expectations, marking its 19th consecutive year of positive same-shop sales growth.The company posted adjusted earnings of $0.17 p...Tiger News
21 minutes ago
Instacart forecasts strong quarter driven by essentials demand, advertisement business
By Neil J Kanatt Feb 12 (Reuters) - Instacart CART.O forecast current-quarter gross transaction value and core profit above expectations and beat fourth-quarter estimates on Thursday, helped by strong demand for essentials on its online delivery platform and rising advertising revenue, Shares of ...Reuters
29 minutes ago
Cboe Launches Nearly 24-Hour Trading in Russell 2000 Index Options
Cash-settled Russell 2000® Index (RUT) options now available during Cboe's Global Trading Hours Cboe now offers nearly 24x5 trading for RUT, S&P 500 Index and Cboe Volatility Index options RUT options and Cboe's Global Trading Hours both reached record volumes in 2025 CHICAGO, Feb. 13...PR Newswire
36 minutes ago
Roku forecasts upbeat annual revenue on platform strength, shares jump
By Juby BabuFeb 12 (Reuters) - Roku ROKU.O forecast annual revenue above Wall Street estimates on Thursday, betting on a broader shift to ad-based streaming, sending its shares up 12% in extended trading.Roku is cashing in on changing consumption habits, signaling strong ad sales as more customers s...Reuters
44 minutes ago
Applied Materials forecasts upbeat results on AI demand, memory shortage
Applied Materials forecasts Q2 revenue, profit above estimatesShares rise over 12% in extended trading, lifts peer stocksAI chip demand, memory capacity expansions driving sales — CEOMemory a greater short-term driver- analystBy Arsheeya BajwaFeb 12 (Reuters) - Applied Materials AMAT.O forecast seco...Reuters
45 minutes ago
Casino operator Wynn misses quarterly estimates on weak Las Vegas business
Feb 12 (Reuters) - Casino operator Wynn Resorts WYNN.O missed Wall Street expectations for fourth-quarter profit on Thursday, hurt by weaker performance in its Las Vegas business and other regional properties.Shares of the company were down more than 3% in extended trading. Visitations to Las Vegas ...Reuters
an hour ago
Trucking stocks skid as AI worries weigh
By Lance TupperFeb 12 (Reuters) - Shares of trucking and logistics companies sank on Thursday, the latest industry to be sideswiped by worries that quickly advancing AI technology will lead to increased competition for established firms that rely on software for their services.Logistics firms Landst...Reuters
an hour ago
PTC Therapeutics falls after withdrawing muscle disorder drug marketing application
Shares of PTC Therapeutics PTCT.O fall 5.2% to $67.05 after markets Co says it has withdrawn its marketing application resubmission for its muscle disorder drug Translarna "FDA shared that based on its review to date, the data in the NDA submission are unlikely to meet the agency's threshold...Reuters
2 hours ago
Constellation Brands names Nicholas Fink as new CEO; shares down
Shares of Corona beer maker Constellation Brands STZ.N down 1.4% at $160 after the bellCo appoints Nicholas Fink as its top boss, replacing Bill Newlands on April 13Newlands, who joined the company in 2015 and has been at the helm since 2019, will continue to serve as a strategic adviser over the ne...Reuters
2 hours ago
Airbnb forecasts revenue above estimates on premium rentals demand
Feb 12 (Reuters) - Airbnb ABNB.O forecast first-quarter revenue above Wall Street estimates on Thursday, as the vacation rental company banks on premium bookings to counter easing demand from cost-conscious customers.Shares of the travel company rose about 5% in volatile after-market trading. The co...Reuters
2 hours ago
Arista Networks forecasts upbeat revenue as AI speeding lifts demand, shares jump
Feb 12 (Reuters) - Networking equipment provider Arista Networks ANET.N forecast annual revenue above Wall Street estimates on Thursday, betting on steady demand for its electronic hardware amid the expanding presence of data centers, sending its shares up more than 17% in extended trading.Demand fo...Reuters
2 hours ago
GLOBAL MARKETS-Stocks drop with tech slide and caution over inflation; yields also fall
US stocks end sharply lower, led by Nasdaq declineMSCI world stock index also fallsFocus now on US inflation data on Friday Yen gains further on investor bets that Takaichi will be fiscally responsibleBy Caroline Valetkevitch NEW YORK, Feb 12 (Reuters) - Major stock indexes fell sharply on Thursd...Reuters
2 hours ago
Top 5 CDRs Gainers/Losers (>100M) (2.12)
Vnet(VNET) rose 3.62%, with a trading turnover 195.9 Million USD, and a year-to-date rose 65.8%. Agora(API) rose 3.04%, with a trading turnover 2.9 Million USD, and a year-to-date rose 8.1%. Melco Resorts & ENT(MLCO) fell 12.5%, with a trading turnover 49.0 Million USD, and a year-to-date fell 28.8%. Silvercorp Met(SVM) fell 11.25%, with a trading turnover 54.2 Million USD, and a year-to-date rose 22.1%.Longport
2 hours ago
Top 10 US Stock Losers (2.12)
ICON(ICLR) fell 39.85%, with a trading turnover 1.9 Billion USD, and a year-to-date fell 56.1%. Energy Vault(NRGV) fell 23.15%, with a trading turnover 86.6 Million USD, and a year-to-date fell 32.3%. RXO(RXO) fell 20.45%, with a trading turnover 199.7 Million USD, and a year-to-date rose 2.8%.Longport
2 hours ago
Top 5 US Stock Gainers/Losers (>100B) (2.12)
Anheuser-Busch InBev NV(BUD) rose 3.81%, with a trading turnover 453.6 Million USD, and a year-to-date rose 25.2%. Walmart(WMT) rose 3.78%, with a trading turnover 4.4 Billion USD, and a year-to-date rose 20%. AppLovin(APP) fell 19.68%, with a trading turnover 7.1 Billion USD, and a year-to-date fell 45.5%. Cisco(CSCO) fell 12.32%, with a trading turnover 5.2 Billion USD, and a year-to-date fell 2.1%.Longport
2 hours ago
Top 10 US Stock Gainers (2.12)
Fastly(FSLY) rose 72.29%, with a trading turnover 1.8 Billion USD, and a year-to-date rose 57.6%. Cognex(CGNX) rose 36.35%, with a trading turnover 734.0 Million USD, and a year-to-date rose 63.1%. IPG Photonics(IPGP) rose 35.48%, with a trading turnover 354.4 Million USD, and a year-to-date rose 109.8%.Longport
2 hours ago
US STOCKS-Wall Street sinks as tech rout deepens on AI angst
Indexes down: Dow 1.34%, S&P 500 1.57%, Nasdaq 2.04%Weekly jobless claims fell less than expected last weekTech, megacaps, transport stocks sell off sharplyPersonal computer makers dip after peer warns of memory shortageCisco falls after Q2 adjusted margin misses estimatesBy Sinéad Carew and Twe...Reuters
2 hours ago
TRADING DAY-Bears barge bulls aside
By Jamie McGeever ORLANDO, Florida, Feb 12 (Reuters) - Market sentiment soured rapidly on Thursday, sparking a steep selloff in U.S. stocks, precious metals, commodities and cryptocurrencies, as investors flocked to the relative safety of Treasuries, the dollar and Swiss franc. In my column toda...Reuters
2 hours ago
Federal Realty Investment forecasts annual FFO above estimates on strong leasing demand
Feb 12 (Reuters) - Federal Realty Investment Trust FRT.N forecast 2026 funds from operations above Wall Street expectations on Thursday, as it anticipates strong leasing demand and higher rentals for its grocery-anchored shopping centersThe company's shares were up about 4% in extended trading.T...Reuters
2 hours ago
