*The FOMC voted 12-0 to raise the target range for the fed funds rate by 25 basis points. *Bond yields spiked in reaction to Fed Chair Warsh's comments. *The latest move by the FOMC was a "hawkish ...
Oil was the dominant influence for much of the week. WTI crude surged roughly 10% to finish above $100 per barrel as escalating hostilities between the U.S. and Iran heightened concerns about regional ...
Various market signals are pointing to a rate hike at the September 15-16 FOMC meeting. *The Fed's inflation-fighting credibility is on the line. A rate hike in September appears to be in order. That ...
Adobe (ADBE) is down sharply in pre-market trading after a modest Q3 beat and in-line Q4 guidance failed to resolve concerns about converting rapid AI engagement into paid recurring revenue. ADBE ...
Academy Sports + Outdoors (ASO +9%) is trading sharply higher following a large Q2 (Jul) EPS beat, helped in part by IEEPA tariff refunds. However, the EPS was better than expected even excluding the ...
SailPoint (SAIL) is down sharply in pre-market trading after a modest fiscal Q2 revenue miss and in-line Q3 guidance provided little upside against expectations. The reaction overlooks stronger ...
GE Aerospace (GE) is modestly higher after agreeing to acquire Consolidated Precision Products (CPP) from Warburg Pincus and Berkshire Partners for $11.75 bln, expanding its control over ...
DocuSign (DOCU) is trading higher following its Q2 (Jul) report, which delivered solid upside while Q3 (Oct) and FY27 revenue guidance came in roughly in line. The e-signature/document creation ...
lululemon athletica (LULU) is under pressure after disappointing with its Q2 (Jul) results last night, with shares falling below $100 for the first time in several years. EPS of $2.92 included a $0.86 ...
Guidewire Software (GWRE) is plunging lower as a below-consensus Q1 revenue outlook and measured near-term ARR cadence overshadowed another quarterly beat and a strong FY27 framework. The market is ...
Broadcom (AVGO -6%) is trading lower despite reporting upside results for EPS and revenue in Q3 (Jul), as investors appear to have been looking for an even larger AI-driven beat and a more aggressive ...