Shares of medical device company CooperCompanies (NASDAQ:COO) fell 8.1% in the pre-market session after the company reported weak fourth quarter results: revenue missed, which is never a good sign. EPS was in line while the company reiterated full-year sales guidance. Markets typically reward companies that beat and raise guidance. Overall, the results could have been better.
Shares of internet of Things company Samsara (NYSE:IOT) fell 14% in the morning session after the company reported weak fourth quarter results: its billings missed, and its full-year revenue guidance only met expectations. On the other hand, Samsara's optimistic full-year EPS guidance blew past analysts' expectations. In addition, its revenue, EPS, and EBITDA outperformed Wall Street's estimates. Overall, this quarter had some key positives. The stock's reaction suggested markets focused on the
U.S. equities fell at midday on continued worries about the impact of Trump administration tariffs plus a weaker-than-anticipated report on February job creation.
British drivers are offloading Teslas in record numbers amid a political backlash against Elon Musk, the company’s chief executive.
(Bloomberg) -- The Nasdaq 100 Index sank into a correction on Friday, as investors continue to sour on the megacap technology stocks that led the stock market rally over the past two years.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-
The Nasdaq exchange plans to move to offering 24-hour trading, Monday through Friday, in a move that could make U.S. markets more accessible to investors in different time zones.
Gap's profit and sales exceeded forecasts in the key holiday shopping season as the clothing retailer's turnaround efforts continued to boost results.
(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday. International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital trading platforms. The exchange operator has started discussions with regulators and expects to launch 24-hour, five-days-a-week trading in the second half of 2026, Nasdaq President Tal Cohen wrote in a LinkedIn post.
Tesla upgraded, Coinbase initiated: Wall Street's top analyst calls
While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities. The post Stay flexible in a convoluted market, experts tell ocean shippers appeared first on FreightWaves.