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Intuit forecasts first-quarter revenue growth below estimates, shares fall
Aug 21 (Reuters) - Intuit INTU.O forecast first-quarter revenue growth below analysts' estimates on Thursday, a sign of sluggish performance at its marketing platform Mailchimp, sending its shares down nearly 6% in extended trading.The Mountain View, California-based company's board approved...
Reuters
8 minutes ago
CANADA STOCKS-TSX closes above 28,000 for the first time as resource shares climb
TSX ends up 0.6%, at 28,055.43Surpasses August 13 record highMaterials group adds 2.1%Energy gains 1.7 as oil settles 1.3% higherBy Fergal Smith Aug 21 (Reuters) - Canada's main stock index rose on Thursday to another record high as resource shares notched gains and investors awaited a key sp...
Reuters
8 minutes ago
LIVE MARKETS-Wall Street slumps as markets await Fed's Powell's guidance
US stock indexes fall; S&P 500 off the most ~0.4%Consumer staples weakest S&P sector; Energy leads gainersUS jobless claims rise to highest since JuneSTOXX 600 ends flatDollar, crude up; bitcoin down >1.5%, gold dipsUS 10-year Treasury yield up ~4.34%Welcome to the home for real-time cove...
Reuters
12 minutes ago
US STOCKS-Wall Street closes down as investors brace for Powell's speech
Indexes off: S&P 0.4%, Nasdaq 0.34%, Dow 0.34%Walmart slides after missing quarterly profit expectations July sales of existing U.S. homes unexpectedly roseCoty plunges on weak U.S. spending forecastBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 21 (Reuters) - Wall Street...
Reuters
20 minutes ago
Intuit falls after forecasting Q1 revenue growth below estimates
** Shares of TurboTax-maker Intuit INTU.O fall 5% to $662.2 after the bell** INTU sees Q1 revenue growth between 14% and 15%, below estimates of 16.1% growth, according to data compiled by LSEG** Sees Q1 adj. EPS between $3.05 and $3.12, compared with estimates of $3.07** Company expects 2026 revenu...
Reuters
23 minutes ago
US STOCKS-Wall Street closes down as investors brace for Powell's speech
Walmart slides after missing quarterly profit expectations July sales of existing U.S. homes unexpectedly roseCoty plunges on weak U.S. spending forecastBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 21 (Reuters) - Wall Street's main indexes fell on Thursday as investors fea...
Reuters
39 minutes ago
Why LSI Industries Stock Was Pushing Higher Today
Key PointsThe highly specialized industrial company unveiled the final set of figures for its fiscal 2025.It ended the year with quite a bang.10 stocks we like better than Lsi Industries › Lighting and graphics company LSI Industries (NASDAQ: LYTS) was shining very brightly on the stock exchange Thu...
The Motley Fool
43 minutes ago
EMERGING MARKETS-Latam FX lower, stocks rise as focus turns to Jackson Hole meeting
Mexico's retail sales fall in JulyBank of Mexico to consider further cuts to benchmark rateChile finance minister resigns, CNN Chile reportsMSCI Latam FX flat, stocks gain 0.3%By Purvi Agarwal and Sukriti Gupta Aug 21 (Reuters) - Most Latin American currencies nudged lower, while stocks were ...
Reuters
44 minutes ago
3 Stocks Down Over 30% That Look Like Buys
Key PointsYou can find some gems among the worst-performing stocks this year.Lululemon, Carmax, and Deckers Outdoor are all strong businesses.Scooping up shares could pay off for patient investors.10 stocks we like better than Deckers Outdoor › If you're like me, you probably hate paying full price ...
The Motley Fool
54 minutes ago
Why Nio Stock Is Skyrocketing Today
Key PointsNio announced and opened preorders for its latest SUVs today. The company's new ES8 SUVs will be hitting the market in September, The new ES8s are launching at price points that could help drive delivery growth for Nio. 10 stocks we like better than Nio › Nio (NYSE: NIO) stock is soaring T...
The Motley Fool
an hour ago
Why Aurora Innovation Stock Is Crashing This Week
Key PointsKerrisdale Capital issued a critical report of Aurora Innovation this week.The short-seller doesn't believe that the company has a viable business model.Current shareholders should take the report with a dose of skepticism.10 stocks we like better than Aurora Innovation › Pumping the brake...
The Motley Fool
an hour ago
If You'd Invested $500 in Cryptocurrency XRP 5 Years Ago, Here's How Much You'd Have Today
Key PointsXRP is now the third-largest cryptocurrency by market cap.It's seen significant growth in the last year. 10 stocks we like better than XRP › Bitcoin is once again hitting historic highs in a year that has been particularly eventful for cryptocurrency, and it's far from the only cryptocurre...
The Motley Fool
an hour ago
Why Canadian Solar Plummeted Today
Key PointsCanadian Solar's second-quarter results came in below expectations, with a tepid outlook. President Trump also said his administration would not approve any more solar projects, calling wind and solar "the scam of the century." The entire solar sector was down on the news, but Canadian Sol...
The Motley Fool
an hour ago
PREVIEW: Intuit shares dip; investors focus on AI
** Intuit INTU.O shares declining 0.3% on Thurs ahead of qtrly results after the bell, as investors watch for impact of AI-driven product launches and price changes** Analysts expect qtrly rev up 18% to $3.75 bln, adj EPS seen at $2.66 vs $1.99 yr-ago, per LSEG; co in May guided above consensus on b...
Reuters
an hour ago
If You'd Invested $10,000 in Nvidia Stock 10 Years Ago, Here's How Much You'd Have Today
Key PointsAI spending is incredible, and Nvidia is reaping the benefits.Even after such a monster ride, its stock can keep gaining.10 stocks we like better than Nvidia › Few technologies have captured the attention of investors quite like artificial intelligence (AI) has in the past few years. It ma...
The Motley Fool
2 hours ago
PREVIEW: Workday slips ahead of qtrly results
** Workday WDAY.O shares slipping 0.3% on Thurs ahead of qtrly results after the bell, with investors watching for signs of acceleration in subscription rev after last qtr's cautious outlook** Analysts expect qtrly rev up 12% to $2.34 bln, adj EPS seen at $2.11 vs $1.75 yr-ago, per LSEG** The hu...
Reuters
2 hours ago
Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term
Key PointsAutodesk’s design software is gaining popularity, and the company continues to grow both its top and bottom lines.Hims & Hers Health turned profitable last year as its digital health platform continued to gain traction.Affirm Holdings is witnessing healthy volume growth for its "buy now, p...
The Motley Fool
2 hours ago
The SEC Just Announced Delays for an XRP ETF And Spot XRP Funds
Key PointsThe SEC has moved decision deadlines for several spot XRP ETF filings from mid-August to October.These are deadline extensions, not approvals or denials.Much of the ETF-related upside is already priced into XRP, so an approval-day pop is unlikely to be dramatic.10 stocks we like better tha...
The Motley Fool
2 hours ago
US STOCKS-Jackson Hole jitters, Walmart drive Wall Street lower
Indexes off: Dow 0.34%, S&P 500 0.35%, Nasdaq 0.35%Walmart slides after missing quarterly profit expectations US weekly jobless claims rise to highest since JuneCoty plunges on weak U.S. spending forecastBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 21 (Reuters) - Wall Street...
Reuters
2 hours ago
Why Coty Stock Is Plummeting Today
Key PointsCoty beat Wall Street's sales target in fiscal Q4, but the business posted an unexpected loss. Margin pressures have investors worried about the company's earnings outlook. Coty is guiding for another substantial sales decline in the current quarter, and the margins picture is concerning. ...
The Motley Fool
2 hours ago
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