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AZZ shares fall 12% after Q2 earnings miss expectations despite strong profit growth
Invezz· 2025-10-09 14:21
Core Viewpoint - AZZ Inc. experienced a decline in share prices following the announcement of fiscal second-quarter results that fell short of expectations, primarily due to weak demand in several key end markets [1] Group 1: Financial Performance - The company reported lower-than-expected sales for the fiscal second quarter, indicating challenges in meeting market demand [1] - The decline in sales was attributed to weak demand across multiple key end markets, which negatively impacted overall performance [1] Group 2: Market Reaction - Following the earnings report, AZZ Inc.'s stock price fell, reflecting investor concerns regarding the company's performance and market conditions [1]
Why Tesla stock is sliding around 2% on Thursday
Invezz· 2025-10-09 14:13
Tesla stock fell early Thursday after the US National Highway Traffic Safety Administration (NHTSA) opened an investigation into the company's Full Self-Driving (FSD) driver-assistance technology, pot... ...
PepsiCo stock rises after Q3 earnings beat, but why JPMorgan sees limited upside
Invezz· 2025-10-09 13:02
Core Insights - PepsiCo stock experienced a significant increase in pre-market trading following the company's Q3 earnings report, which exceeded expectations for both revenue and adjusted earnings per share [1] Financial Performance - The company reported better-than-expected Q3 earnings, indicating strong financial performance [1] - The adjusted earnings per share surpassed market forecasts, contributing to the positive market reaction [1] Market Reaction - The stock price surged in pre-market trading, reflecting investor confidence in the company's financial results [1]
GDX ETF stock analysis: is it too late to buy gold mining stocks?
Invezz· 2025-10-09 13:02
Core Insights - The VanEck Gold Miners ETF (GDX) is experiencing a significant bull run, currently trading at an all-time high [1] - GDX has increased by 135% from its January lows, with a current trading price of $80 [1] Performance Metrics - GDX's price surge reflects a strong market performance, indicating robust investor interest in gold mining stocks [1] - The ETF's growth trajectory suggests a favorable outlook for the gold mining sector amid current market conditions [1]
Akero Therapeutics soars after Novo Nordisk set for $5.2B cash acquisition
Invezz· 2025-10-09 12:57
Novo Nordisk said on Thursday it would acquire Akero Therapeutics for up to $5.2 billion in cash, marking a significant push into treatments for fatty liver disease as the Danish drugmaker seeks to br... ...
Cantor Fitzgerald sees near 60% upside for Nvidia, lifts price target to $300
Invezz· 2025-10-09 12:41
Cantor Fitzgerald has reiterated its bullish stance on Nvidia, suggesting that the chipmaker's meteoric rise may still have room to run. The investment firm raised its price target on Nvidia shares to... ...
Dow futures flat ahead of Jerome Powell's speech: 5 things to know before Wall Street opens
Invezz· 2025-10-09 11:55
Dow futures were mostly muted on Thursday, with a few little ups and downs, as investors waited to see how big names like PepsiCo and Delta Air Lines were doing with their earnings. ...
Delta Air Lines shares soar on earnings beat: what it means for other airline stocks
Invezz· 2025-10-09 11:46
Core Viewpoint - Delta Air Lines shares increased by over 5.48% in premarket trading, driven by a positive forecast for the end of 2025, attributed to higher airfares and a recovery in corporate and luxury travel demand [1] Group 1 - Delta Air Lines anticipates a stronger performance towards the end of 2025 [1] - The increase in airfares is a significant factor supporting the company's positive outlook [1] - There is a noted recovery in both corporate and luxury travel segments, contributing to the overall growth expectation [1]
Ferrari shares crash over 10% after teasing new EV: what happened?
Invezz· 2025-10-09 10:53
Core Viewpoint - Luxury sports carmaker Ferrari NV has reduced its electrification goals while revealing the technology behind its first electric vehicle, "Elettrica" [1] Group 1: Electrification Strategy - Ferrari has scaled back its electrification ambitions, indicating a more cautious approach to electric vehicle development [1] - The company is focusing on a balanced strategy that includes both traditional combustion engines and electric vehicles [1] Group 2: Elettrica Technology - The unveiling of the technology for the "Elettrica" marks a significant step for Ferrari in the electric vehicle market [1] - Details about the performance and specifications of the "Elettrica" have been highlighted, showcasing Ferrari's commitment to maintaining its luxury and performance standards in electric vehicles [1]
These 3 stocks are poised for big earnings surprises in Q3
Invezz· 2025-10-09 10:26
As the third-quarter earnings season kicks into gear, Wall Street is watching for standout performances that could defy consensus expectations. Morgan Stanley has spotlighted a trio of overweight-rate... ...