Earnings SnapshotThe apparel company reported adjusted earnings per share of 48 cents, beating the analyst consensus estimate of 47 cents.Quarterly sales of $753.7 million, up 29.4% year-over-year, missed the Street view of $753.9 million.Adjusted income from operations declined to $50.9 million from $52.6 million a year ago quarter.The company ended the quarter with 399 company-operated brick-and-mortar retail stores, including 98 outlets, as well as seven e-commerce websites and 133 company-operated conce ...

Key TakeawaysDingdong's decision to sell its domestic operations to Meituan highlights the brutal reality of China's instant commerce price warsIndia's rejection of a Chinese private equity investment in an Italian firm signals a new era of global protectionism over advanced technologyImage Credit: Bamboo WorksIn this kind of business, it's all about scale. To grow market share, companies offer incentives and cut prices, prompting their rivals to jump in and do exactly the same. We've seen similar price war ...

Two ETF issuers are joining the trend of bringing politics to the trading floor.Bitwise and GraniteShares are seeking regulatory approval to launch ETFs linked directly to the outcomes of upcoming U.S. elections, marking another step in the expansion of prediction market-style investing. • DraftKings stock is showing upward movement. Why are DKNG shares climbing?Bitwise, through its PredictionShares lineup, has filed for six ETFs proposed for listing on NYSE Arca. According to its prospectus, the funds aim ...

Earnings SnapshotNet sales rose 10.9% to $20.584 billion from $18.553 billion and exceeded the $20.334 billion analyst estimate.During the quarter, the company recognized $149 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG), which impacted reported results.Excluding these expenses, adjusted diluted EPS increased 2.6% to $1.98 from $1.93 a year earlier and beat the $1.94 analyst estimate.The company has issued its fiscal 2026 ...

ImmunityBio Inc. (NASDAQ:IBRX) shares are down on Wednesday, cooling off from a huge up move as the company is reportedly experiencing significant revenue growth. This surge follows a strong performance driven by the sales of its lead drug, Anktiva, which has gained traction in the market.The stock has jumped over 50% over the last month, thanks to investor interest after preliminary earnings and several strategic partnerships.Anktiva Sales Surge: 750% Unit IncreaseImmunityBio reported a remarkable year-ove ...

Financial giants have made a conspicuous bullish move on Vistra. Our analysis of options history for Vistra (NYSE:VST) revealed 39 unusual trades.Delving into the details, we found 43% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $757,098, and 30 were calls, valued at $1,576,617.Expected Price MovementsAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band b ...

Joby Aviation (NYSE:JOBY) shares are up on Wednesday as the company is launching Uber Air powered by Joby. It is a significant step in their partnership with Uber Technologies, Inc. (NYSE:UBER) .This development comes as the broader market experienced positive momentum, with major indices like the S&P 500 and Nasdaq showing gains.Joby announced that it expects to carry its first passengers later this year in Dubai, marking a pivotal milestone in their collaboration with Uber.This partnership aims to integra ...

The company operates a portfolio of more than 1,450 restaurants across 46 U.S. states, Guam and 12 countries, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.Investors focused on management’s plans to improve restaurant performance and drive more sustainable long-term growth despite ongoing margin pressure.Quarterly MetricsThe company reported fourth-quarter adjusted earnings per share of 25 cents, in line with the analyst consensus estimate.Q ...

Ionis Pharmaceuticals Inc. (NASDAQ:IONS) on Wednesday reported a fourth quarter adjusted loss of $1.15, better than the Wall Street loss estimate of $1.32 • Ionis Pharmaceuticals stock is showing notable weakness. What’s pressuring IONS stock?Sales reached $203 million, beating the consensus of $156.09 million.Commercial revenue for the fourth quarter and the year ended Dec. 31, 2025, increased 64% and 49%, respectively, compared to the same periods in 2024.Tryngolza (olezarsen) product sales primarily drov ...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 250 points on Wednesday.The Dow traded up 0.64% to 49,487.76 while the NASDAQ surged 1.12% to 23,118.66. The S&P 500 also rose, gaining, 0.72% to 6,939.94.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsInformation technology shares gained by 1.6% on Wednesday.In trading on Wednesday, industrials stocks fell by 1.4%.Top HeadlineThe TJX Companies, Inc. ...