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Snap's revenue growth slowest in over a year as competition, ad platform glitch hurt (Aug 5)
By Jaspreet Singh Aug 5 (Reuters) - Snap SNAP.N on Tuesday reported its slowest quarterly growth in more than a year, hurt by a temporary glitch in its ad platform and advertiser preference for bigger rivals such as Meta, sending its shares down over 16% in extended trading.The Snapchat-parent sa...Reuters
6 minutes ago
Pitney Bowes down after $200 mln convertible bond sale
** Pitney Bowes' PBI.N shares down 2% at $10.96 on light premarket volume after shipping and mailing firm secured capital raise** Stamford, Connecticut-based PBI late Tues announced pricing $200 mln 1.5% 5-yr convertible bond offering** Initial conversion price set at $14.25, which is 27.5% abov...Reuters
14 minutes ago
LIVE MARKETS-The great divide at the Bank of England
STOXX 600 down 0.1%Busy earnings dayHealthcare weakS&P futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com THE GREAT DIVIDE AT THE BANK OF ENGLANDThe Bank of England ...Reuters
22 minutes ago
Thomson Reuters reports higher second-quarter revenue
NEW YORK, Aug 6 (Reuters) - Thomson Reuters TRI.TO reported higher second-quarter revenue on Wednesday, during a period when it launched new AI features in its tax and accounting and legal divisions.The Toronto-based content and technology company also reaffirmed its full year 2025 guidance of a 7% ...Reuters
27 minutes ago
Leidos rises after Jefferies lifts rating on Q2 results
** Defense contractor Leidos' shares LDOS.N rise 1.2% to $174.99 premarket** Jefferies upgrades rating to "buy" from "hold", on company's "healthy dose of earnings power"** Cites LDOS' risk removal on Health & Civil segment margins, potential benefit from Depa...Reuters
28 minutes ago
US STOCKS-S&P 500, Dow futures buoyed by earnings, Fed rate cut hopes
Futures up: Dow 0.34%, S&P 500 0.25%, Nasdaq 0.05%Super Micro drops after missing Q4 estimatesAMD data center results disappoint, shares downBy Nikhil Sharma and Pranav Kashyap Aug 6 (Reuters) - S&P 500 and Dow futures climbed on Wednesday, as investors assessed a fresh round of corpo...Reuters
29 minutes ago
Gold Resource (GORO) Q2 Sales Drop 57%
Key Points- Gold equivalent ounces sold fell 57.0% compared to Q2 2024, driving a net loss (GAAP) of $11.5 million.- All-in sustaining cost per gold equivalent ounce (non-GAAP) surged to $5,458.- The company warned of substantial doubt about its ability to continue as a going concern beyond Q3 2026....The Motley Fool
29 minutes ago
Rigel (RIGL) Q2 Revenue Jumps 176%
Key PointsRigel Pharmaceuticals (NASDAQ:RIGL) delivered much higher GAAP revenue and profits than analysts expected for Q2 2025, boosted by both strong product sales and non-cash collaboration revenue.Net product sales rose 76%, with all three marketed drugs posting year-over-year GAAP net product s...The Motley Fool
31 minutes ago
New York Times forecasts subscription revenue above estimates on bundling strength
Aug 6 (Reuters) - The New York Times NYT.N forecast third-quarter subscription revenue growth above Wall Street expectations on Wednesday, betting on adding more customers through its bundled offerings.The NYT has been bundling its core news offerings with lifestyle-focused products such as Wirecutt...Reuters
33 minutes ago
Armour Residential REIT slips on pricing $302 mln stock offering
** Shares of Armour Residential REIT ARR.N down 2.8% premarket to $16.33 after follow-on prices** Vero Beach, Florida-based firm says sold 18.5 shares for total gross proceeds of about $302.5 mln** Offering priced at $16.35, 2.7% discount to stock's last close** It intends to use net proceeds to...Reuters
33 minutes ago
1 Reason to Buy Pfizer (PFE) Stock
Key PointsOne of the most appealing features of Pfizer's stock is its dividend.The payout recently yielded a hefty 7.4% -- and it's been growing over time.There's reason to be bullish over Pfizer's long-term potential.10 stocks we like better than Pfizer › I can actually think of multiple reasons to...The Motley Fool
35 minutes ago
Hippo (HIPO) Q2 Profit Surges 103%
Key PointsHippo reported its first GAAP net profit in Q2 2025, surpassing both GAAP revenue and non-GAAP earnings forecasts for Q2 2025.Loss ratios improved sharply in Q2 2025, reflecting stronger underwriting, with the consolidated net loss ratio down 46 percentage points year-over-year.Raised full...The Motley Fool
38 minutes ago
BREAKINGVIEWS-Switzerland’s best Trump gambit: export more fudge
By George HayLONDON, Aug 6 (Reuters Breakingviews) - Switzerland is known for punctuality, neutrality and precision engineering. None of these qualities are especially helpful for President Karin Keller-Sutter, who has travelled to the United States in a last-ditch attempt to bargain down the 39% t...Reuters
38 minutes ago
McDonald's shares rise as Q2 global comparable sales exceed expectations
** Shares of McDonald's MCD.N rise 3% at $307.70 before the bell** Company beats estimates for Q2 global comparable sales, helped by rise in demand for affordable meal bundles**The burger chain posts a 3.8% rise in same-store sales globally, above estimates of a 2.4% rise, as per data compiled b...Reuters
38 minutes ago
GLOBAL MARKETS-Shares gain after recent declines, yields edge up
S&P 500 futures up 0.4%, Stoxx up 0.2% Dollar drifts, oil rebounds after four sessions of declineChip names fall in US premarket Euro and sterling steady against dollar By Stella Qiu and Alun John SYDNEY/LONDON, Aug 6 (Reuters) - World shares nudged higher on Wednesday as traders bought after...Reuters
40 minutes ago
Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan
Uber One program boosts user engagement, bookingsCompany announces $20 billion stock buyback programUber projects Q3 bookings above estimatesAug 6 (Reuters) - Uber UBER.N unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as...Reuters
41 minutes ago
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Cathay posts 1% increase in half-year profitShares see biggest one-day percentage decline since January 2021Airline flags falling yields as market capacity risesOrders 14 more Boeing 777-9 jets and options for another sevenBy Lisa Barrington and Donny Kwok HONG KONG, Aug 6 (Reuters) - Cathay Paci...Reuters
43 minutes ago
New York Times forecasts subscription revenue above estimates
Aug 6 (Reuters) - The New York Times NYT.N forecast third-quarter subscription revenue growth above Wall Street expectations on Wednesday, betting on adding more customers through its bundled offerings.The publisher expects subscription revenue growth to be between 8% and 10%, compared with analysts...Reuters
44 minutes ago
These Are the Smartest Growth Stocks to Invest $1,000 in Today
Key PointsHims & Hers Health is pivoting away from GLP-1 weight-loss drugs, but there are plenty of growth levers for this company to capitalize on. Sezzle is making significant strides in a competitive space, and its recent stock performance is truly stunning. 10 stocks we like better than Hims & H...The Motley Fool
45 minutes ago
AMD, Super Micro shares slide as AI bets falter on data center results miss
By Rashika Singh Aug 6 (Reuters) - Shares of chip company Advanced Micro Devices AMD.O and server maker Super Micro Computer SMCI.O tumbled in premarket trading on Wednesday after the companies posted underwhelming results in their data center segments, shaking investor confidence in their AI gro...Reuters
45 minutes ago
