News

Progress Software stock falls after Q2 results, full year guidance raised
For the third quarter, Progress Software forecasts EPS between $1.28 and $1.34, compared to the consensus estimate of $1.30. The company also raised its full-year 2025 guidance, now projecting revenue ...
Why Lululemon’s Tariff Struggles Could Be a Gift to Smaller Rivals
Earnings season was a surprising success for a large portion of the S&P 500, as companies demonstrated unexpected resilience despite tariff wars, worrisome economic data, and declining sentiment.
Tesla’s Robotaxi Hype Vs. Bearish PE Fears: Who’s Right This Summer?
On the other hand, by the end of last week, Tesla had received two fresh bullish updates: one from Canaccord Genuity Group and one from Benchmark. The latter boosted its price target to $475, just ...
Nektar Therapeutics stock falls after announcing public offering
Investing.com -- Nektar Therapeutics (NASDAQ: NKTR) stock dropped 3% after the clinical-stage biotechnology company announced it has commenced an underwritten public offering of shares of its common ...
Quantum stock falls after company files to delay annual report
Investing.com -- Quantum Corporation (NASDAQ: QMCO) stock fell 15% after the company announced it would delay filing its annual report for the fiscal year ended March 31, 2025.
Lemonade stock rises as company reduces reinsurance quota share
Investing.com -- Lemonade Inc (NYSE: LMND) stock gained 4.8% after the digital insurance company announced it would significantly reduce the ceded proportion of its quota share reinsurance from ...
As stocks notch records, sentiment lags behind, but ’Fed put’ to support bulls
“Despite the latest record highs for the S&P 500 and Nasdaq, the Investor Intelligence and AAII Bull-Bear Ratios remain relatively low… This suggests that stock investors remain wary. It’s as though ...
QXO turns attention elsewhere as Home Depot nabs GMS - source
Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has ...
Carney confirms Canada-U.S. talks restart after digital tax withdrawal
Investing.com -- Prime Minister Mark Carney confirmed Monday that trade and security negotiations between Canada and the ...
Why is Fiserv launching a stablecoin?
Investing.com -- Fiserv’s launch of its own stablecoin, FIUSD, is aimed at helping smaller U.S. banks compete with bigger players and defend their share of deposits, according to BTIG.
US, Canada to resume trade talks after Ottawa drops digital tax
(Reuters) -Canada has rescinded its digital services tax targeting U.S. technology firms in a bid to advance trade ...
Unity Biotechnology stock plunges after Nasdaq delisting notice
Investing.com -- Unity Biotechnology Inc (NASDAQ: UBX) stock plunges 45% after receiving notification that Nasdaq plans to delist the company’s securities, citing concerns that it has become a "public ...