Cotton Posts Slight Thursday Gains
Yahoo Finance· 2025-12-18 22:42
Cotton futures saw Thursday gains of 8 points across the front months at the close. Crude oil futures were 8 cents per barrel higher at $56.02. The US dollar index was $0.093 higher to $98.095. Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a 4-week low. Shipments were a 3-week high at 122,094 RB. More News from Barchart Total export sale commitments are 5.72 million RB, which is now 16.53% below the same period last year. Much of that is due to lighter sales with shipment ...
Corn Rallies Higher on Thursday
Yahoo Finance· 2025-12-18 22:42
Corn futures closed the Thursday session with contracts up 4 to 4 ½ cents across the front months. Bulls were battling back after spillover pressure from the other grains earlier this week. The CmdtyView national average Cash Corn price was up 4 cents to $4.00 3/4. Export Sales data was updated for the week of 11/27 this morning, with 1.792 MMT sold in that week, on the higher side of trade estimates of between 1-2 MMT of corn sales. That was a 3-week low but still 3.5% above the same week last year. Mo ...
Soybeans Extend Losses to Thursday’s Close
Yahoo Finance· 2025-12-18 22:42
Soybeans rounded out the Thursday session with losses of 6 to 7 cents as weakness continues. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.81 1/4. Soymeal futures were 20 cent so $1.00 higher, with Soy Oil futures down 41 to 47 points. USDA reported a private export sale of 114,000 MT of soybeans to unknown destinations this morning. More News from Barchart Weekly Export Sales data from this morning showed 1.106 MMT in soybean sales for the week ending on 11/27, in the midd ...
Workday (WDAY) Earns Buy Rating as BTIG Calls Outlook “De-Risked”
Yahoo Finance· 2025-12-18 22:42
Workday, Inc. (NASDAQ:WDAY) is included among the 12 Best Long Term US Stocks to Buy Now. Workday (WDAY) Earns Buy Rating as BTIG Calls Outlook “De-Risked” Photo by Dan Dennis on Unsplash On December 17, BTIG started coverage of Workday, Inc. (NASDAQ:WDAY) with a Buy rating and a $285 price target. According to the analyst, the stock has gone nowhere for about two years, despite annual subscription revenue growing 16% and free cash flow rising about 18%. BTIG views next year’s numbers as “de-risked.” ...
Why Applied Digital Stock Jumped 8.6% Today
The Motley Fool· 2025-12-18 22:41
Applied Digital's buildout continues.Shares of Applied Digital (APLD +8.46%) jumped on Thursday, finishing the day up 8.6%. The spike came as the S&P 500 and the Nasdaq Composite finished up 0.7% and 1.3%, respectively.The artificial intelligence (AI) data center company announced today that it secured $100 million in financing to "fund the pre-lease development costs for new data center projects."NASDAQ : APLDApplied DigitalToday's Change( 8.46 %) $ 1.86Current Price$ 23.86Key Data PointsMarket Cap$6.1BDay ...
Micron Shares Surge 15% After Forecast Signals Record Margins and AI-Driven Growth
Financial Modeling Prep· 2025-12-18 22:41
Core Insights - Micron Technology's shares surged approximately 15% intra-day following a strong earnings report, driven by rising memory prices and AI-related demand [1] Financial Performance - The company reported non-GAAP earnings of $4.78 per share for the quarter ended November 27, significantly surpassing the average analyst estimate of $3.94 [2] - Revenue increased to $13.64 billion from $8.71 billion year-over-year, exceeding consensus expectations of $12.83 billion [2] Future Projections - For the second quarter of fiscal 2026, Micron forecasts revenue of $18.7 billion, plus or minus $400 million, well above Wall Street's consensus estimate of $14.23 billion [3] - Projected earnings per share at the midpoint are $8.42, nearly double the consensus forecast of $4.49 [3] Margin and Pricing Trends - Gross margins are expected to reach an all-time high of 68%, an increase of 11.2 percentage points from the previous quarter [4] - Supply-chain checks indicate double-digit sequential price increases for DRAM, Micron's primary profit driver, in both the current and upcoming quarters [4]
MillerKnoll Shares Rise 6% After Earnings Beat and Upbeat Third-Quarter Outlook
Financial Modeling Prep· 2025-12-18 22:40
Core Viewpoint - MillerKnoll Inc. reported stronger-than-expected adjusted earnings for Q2 fiscal 2026, leading to a significant increase in share price [1] Financial Performance - The company posted adjusted earnings of $0.43 per share, surpassing the consensus estimate of $0.41 [2] - Revenue for the quarter was $955.2 million, slightly below analyst expectations of $962.47 million, and represented a year-over-year decline of 1.6% [2] - On an organic basis, sales decreased by 2.5% compared to the previous year [2] Future Outlook - For Q3, MillerKnoll forecasts revenue between $923 million and $963 million, exceeding the consensus estimate of $909.6 million [3] - Adjusted earnings for Q3 are projected to be between $0.42 and $0.48 per share, above the $0.41 expected by analysts [3] Operational Metrics - Despite the revenue decline, the company experienced order growth of 5.5%, totaling $972.5 million, with increases across all business segments [4] - Gross margin improved by 20 basis points to 39.0%, while adjusted operating margin decreased to 5.9% from 7.1% in the prior-year quarter [4]
ASHFORD INC. NAMES JIM PLOHG EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
Prnewswire· 2025-12-18 22:40
DALLAS, Dec. 18, 2025 /PRNewswire/ -- Ashford Inc. today announced the appointment of Jim Plohg as Executive Vice President, General Counsel and Secretary of Ashford Inc., Ashford Hospitality Trust, Inc. (NYSE: AHT) and Braemar Hotels & Resorts Inc. (NYSE: BHR), effective as of December 16, 2025. Mr. Plohg most recently served the Ashford Group of Companies as Division General Counsel and Managing Director, joining the firm in 2014. Mr. Plohg will oversee all legal, compliance and regulatory affairs of Ash ...
Accenture Shares Dip Despite Earnings Beat and Strong Bookings
Financial Modeling Prep· 2025-12-18 22:38
Core Insights - Accenture reported first-quarter results that exceeded Wall Street expectations, with revenue growth at the upper end of guidance and strong new bookings, despite a more than 2% decline in shares intra-day [1] Financial Performance - Adjusted earnings per share for the quarter ended November 30, 2025, were $3.94, surpassing analyst estimates of $3.74 [2] - Revenue reached $18.7 billion, reflecting a 5% growth in local currency and a 6% growth in U.S. dollars year over year, exceeding the consensus forecast of $18.51 billion [2] New Bookings and Demand - New bookings increased by 10% in local currency to $20.9 billion, which included $2.2 billion in advanced AI-related bookings [3] - The company reported 33 clients with quarterly bookings exceeding $100 million each, indicating strong demand across its service offerings [3] Profitability and Cash Flow - Adjusted operating margin expanded by 30 basis points to 17.0% [3] - Free cash flow totaled $1.5 billion, and the company returned $3.3 billion to shareholders through dividends and share repurchases during the quarter [3] Future Outlook - For fiscal 2026, Accenture maintained its revenue growth outlook of 2% to 5% in local currency, with an expected range of 3% to 6% when excluding an estimated 1% impact from its U.S. federal business [4] - The company reaffirmed its adjusted earnings guidance of $13.52 to $13.90 per share, aligning broadly with the consensus estimate of $13.77 [4]
Pemex Eyes New Production Chief Amid Mounting Output Challenges
Yahoo Finance· 2025-12-18 22:38
Mexico’s state oil company Pemex is preparing to replace the head of its exploration and production unit just months after his return to the role, as the company struggles to halt a steady decline in crude output, sources familiar with the matter told Reuters. Angel Cid Munguía resumed leadership of Pemex Exploration and Production (PEP) in early May, having previously held the post until the end of former President Andrés Manuel López Obrador’s term. His potential departure would mark the third leadershi ...