Finance
Financial News
E.l.f. Beauty Surpasses Q3 Expectations, Elevates Full-Year 2026 Financial Forecast
Despite Strong Earnings and Upgraded Guidance, Market Response Dips
E.l.f. Beauty, Inc., a leading cosmetics company, reported robust third-quarter results that exceeded analyst estimates both for earnings per share an...
Symbotic Positioned for Continued Growth with Strong 2025 Performance and Strategic Expansion
Following a 150% stock surge in 2025, Symbotic moves towards profitability with broadening customer base and significant contracts
Symbotic has experienced substantial growth throughout 2025, highlighted by a 150.9% stock price increase and significant financial gains including re...
Tapestry Exceeds Expectations with Robust Q2 Earnings and Raised Full-Year Projections
Strong sales from handbags and North American markets boost Tapestry's outlook and shares
Tapestry Inc., parent company of Coach and Kate Spade, recorded stronger-than-anticipated second quarter financial results, driving its share price hi...
Cummins Posts Mixed Fourth Quarter with Data Center Gains Amid Hydrogen Business Retreat
Strong sales in power systems offset large restructuring charges from hydrogen electrolyzers as Cummins refines strategic focus
Cummins Inc. reported fourth-quarter fiscal 2025 results highlighting a revenue increase driven by robust demand in data center power solutions but al...
Space Sector Faces Headwinds as Anticipation Builds Around SpaceX IPO
Established Public Space Companies Experience Declines Amid Expectations of SpaceX’s Market Entry
As the aerospace industry eyes a potential SpaceX initial public offering (IPO) with a valuation possibly reaching $1.5 trillion, current publicly tra...
Meta Platforms Stock Declines Amid General Market Downturn Despite Strong Earnings Forecast
Shares of Meta Platforms drop as investors weigh elevated expenses and premium valuation amid broad market weakness
Meta Platforms Inc. shares have experienced significant losses recently, extending their decline over the past week. This downward trend coincides wit...
Snap Inc. Shares Retreat Despite Earnings Beat Amid Broader Tech Selloff
Mixed user metrics and bearish technical indicators contribute to downward pressure on Snap stock
Snap Inc. reported stronger-than-expected quarterly earnings and revenue, yet its shares declined significantly in a market-wide selloff in technology...
Peloton Reports Disappointing Q2 Results as CFO Announces Departure
Shares plunge on missed earnings and cautious guidance amid leadership change
Peloton Interactive experienced a significant stock decline following the announcement of a larger-than-expected quarterly loss and revenue results th...
Amazon Prepares for Q4 Earnings Amid Market Pressure
Investors Assess E-Commerce Growth and Analyst Targets Ahead of Report
Amazon.com, Inc. is set to release its fourth-quarter earnings after market close, with expectations pointing to continued revenue and earnings growth...
Senate Banking Committee Delays Cryptocurrency Legislation Amid Bank Deposit Concerns
Lawmakers pause vote on crypto market structure bill, citing fears of deposit outflows to stablecoin interest offerings
The Senate Banking Committee postponed a scheduled vote on a cryptocurrency market structure bill due to apprehensions from banks and credit unions re...
Cardinal Health Elevates Shares with Robust Q2 Earnings and Upgraded 2026 Guidance
Healthcare Services Provider Posts Significant Growth Across Segments, Bolstering Investor Confidence
Cardinal Health Inc. experienced a notable increase in its stock price following the release of strong second-quarter financial results, including ear...
Hims & Hers Shares Climb Following Launch of Oral Semaglutide Solution
Company introduces compounded Wegovy analogue pill offering a new weight management option at accessible pricing
Hims & Hers Health, Inc. has introduced a compounded semaglutide pill designed as an oral alternative to Wegovy injections, aiming to expand its weigh...