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Stocks
Arm shares drop 11% as chip provider forecasts lower sales, declines to give full-year guidance
May 7 (Reuters) - Shares in Arm Holdings ARM.O fell 11% on Wednesday after the chip provider gave a fiscal first-quarter forecast below Wall Street estimates and declined to give guidance for the full year, citing global trade and economic uncertainty.
Reuters
Thu, May 8
Stocks
Biote Corp reports results for the quarter ended March 31 - Earnings Summary
Biote Corp BTMD.OQ reported quarterly adjusted earnings of 37 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street...Reuters
Thu, May 8
Stocks
Pitney Bowes Inc reports results for the quarter ended March 31 - Earnings Summary
Pitney Bowes Inc PBI.N reported quarterly adjusted earnings of 33 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of two analysts for the quarter was for earnings of 27 cents per share. Wall St...Reuters
Thu, May 8
Stocks
Torex Gold Resources Inc reports results for the quarter ended March 31 - Earnings Summary
Torex Gold Resources Inc TXG.TO reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of nine analysts for the quarter was for earnings of 25 cents per share...Reuters
Thu, May 8
Stocks
QuidelOrtho Corp reports results for the quarter ended March 31 - Earnings Summary
QuidelOrtho Corp QDEL.OQ reported quarterly adjusted earnings of 74 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of nine analysts for the quarter was for earnings of 59 cents per share. Wall...Reuters
Thu, May 8
Commodities
Gold drops over 1% on Powell's cautious views, easing trade tensions
May 7 (Reuters) - Gold prices extended losses on Wednesday, weighed by a stronger dollar and easing China-U.S. trade tensions, while traders were left dissatisfied by Federal Reserve Chair Jerome Powell's cautious remarks on the U.S. economy.
Reuters
Thu, May 8
Stocks
R C M Technologies Inc reports results for the quarter ended March 31 - Earnings Summary
R C M Technologies Inc RCMT.OQ reported quarterly adjusted earnings of 54 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 48 cents. The lone analyst forecast for the quarter was for earnings of 55 cents per share. Revenue ro...Reuters
Thu, May 8
Other
Ukraine says Russia launches bombs again on Sumy region
KYIV, May 8 (Reuters) - Ukraine's air force said in a post on social media platform Telegram that Russian aircraft had launched guided bombs on Ukraine's Sumy region for the second time in two hours early on Thursday.Reuters could not immediately verify that the bombs were launched. The air ...Reuters
Thu, May 8
Stocks
First Majestic Silver Corp reports results for the quarter ended March 31 - Earnings Summary
First Majestic Silver Corp AG.TO reported quarterly adjusted earnings of 5 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share...Reuters
Thu, May 8
Stocks
TruBridge Inc reports results for the quarter ended March 31 - Earnings Summary
TruBridge Inc TBRG.OQ reported quarterly adjusted earnings of 36 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of four analysts for the quarter was for earnings of 29 cents per share. Wall St...Reuters
Thu, May 8
Other
Apple asks US appeals court to pause ruling in Epic Games case
By Mike Scarcella May 7 (Reuters) - Apple AAPL.O has asked a federal appeals court to temporarily pause key provisions in a U.S. judge’s ruling that ordered the tech company to immediately open its lucrative App Store to more competition.Apple told the San Francisco-based 9th U.S. Circuit Court o...Reuters
Thu, May 8
Stocks
SanDisk Corp reports results for the quarter ended March 31 - Earnings Summary
SanDisk Corp SNDK.OQ reported a quarterly adjusted loss of 30 cents per share for the quarter ended March 31. The mean expectation of eight analysts for the quarter was for a loss of 39 cents per share. Wall Street expected results to range from -42 cents to -35 cents per share.Revenue was $1.70 ...Reuters
Thu, May 8
Other
Trump administration to rescind and replace Biden-era global AI chip export curbs
May 7 (Reuters) - U.S. President Donald Trump's administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated artificial-intelligence chips, a spokeswoman for the Department of Commerce said on Wednesday.Reuters
Thu, May 8
Other
Former Memphis officers acquitted in beating death of Black motorist Tyre Nichols
By Karen Freifeld and Steve Gorman May 7 (Reuters) - A jury in a Tennessee state court on Wednesday acquitted three former Memphis police officers of second-degree murder and all other charges in the 2023 beating death of Black motorist Tyre Nichols.The all-white jury, which was chosen from out o...Reuters
Thu, May 8
Stocks
Sitio Royalties Corp reports results for the quarter ended March 31 - Earnings Summary
Sitio Royalties Corp STR.N reported quarterly adjusted earnings of 13 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of seven analysts for the quarter was for earnings of 10 cents per share. W...Reuters
Thu, May 8
