Soybeans Extend Losses to Thursday’s Close
Yahoo Finance· 2025-12-18 22:42
Core Insights - Soybean prices experienced losses of 6 to 7 cents, with the national average cash bean price reported at $9.81 1/4, down 5 3/4 cents [1] - A private export sale of 114,000 MT of soybeans was reported by USDA to unknown destinations [1] Group 1: Export Sales Data - Weekly export sales for soybeans reached 1.106 MMT for the week ending on 11/27, a decrease of 52.3% from the previous week and less than half of the same week last year [2] - Accumulated sale commitments, both shipped and unshipped, stand at 21.829 MMT (802 million bushels), which is 39.3% lower than the same period last year [2] - The decline in commitments is largely attributed to China, with commitments down 14.14 MMT, of which 13.4 MMT is specifically to China [2] Group 2: Meal and Oil Sales - Meal sales totaled 436,046 MT, nearing the upper end of the estimates of 200,000-450,000 MT [3] - Bean oil sales were recorded at 25,516 MT, exceeding the trade expectations of 5,000-25,000 MT [3] Group 3: Futures Prices - January 26 soybeans closed at $10.52 1/4, down 6 cents [3] - Nearby cash soybeans were priced at $9.81 1/4, down 5 3/4 cents [3] - March 26 soybeans closed at $10.62, down 6 3/4 cents, while May 26 soybeans closed at $10.73 1/4, also down 6 3/4 cents [3]
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 ...
Birkenstock Shares Slide 9% Despite Strong Revenue Growth and Margin Performance
Financial Modeling Prep· 2025-12-18 22:37
Core Insights - Birkenstock Holding plc reported fiscal 2025 results with revenue growth exceeding guidance, but shares fell over 9% on the announcement [1] Financial Performance - Fiscal 2025 revenue rose 16% to €2.1 billion, surpassing guidance of 15% to 17%, driven by strong consumer demand across all regions, channels, and product categories [2] - Net profit increased 82% year over year to €348 million, with earnings per share climbing 83% to €1.87 from €1.02 [3] - Adjusted EBITDA margin reached 31.8%, landing at the top end of guidance despite a 70-basis-point headwind from currency translation and tariffs [2] Geographic and Channel Growth - Double-digit revenue growth was recorded across all geographic regions: Americas up 15% (18% in constant currency), EMEA rising 14%, and APAC delivering the strongest growth at 31% (34% in constant currency) [3] - The B2B channel expanded 20%, while direct-to-consumer revenue increased 11% [4] Product Performance and Expansion - Closed-toe footwear outperformed sandals, with its share of total revenue rising by 500 basis points to 38% [4] - Birkenstock opened 30 new retail stores during fiscal 2025, bringing the global total to 97 locations [4] - Capital expenditures totaled approximately €85 million, primarily aimed at expanding production capacity [4] Future Projections - For fiscal 2026, Birkenstock projected constant-currency revenue growth of 13% to 15%, translating to reported revenue of €2.30 billion to €2.35 billion [5] - The company expects adjusted EBITDA of at least €700 million and plans to open around 40 new retail stores worldwide [5]
Prediction: This Artificial Intelligence Company Will Be Acquired in 2026
Yahoo Finance· 2025-12-18 22:37
This description, however, doesn't quite do the company justice. See, Nebius was recently built from the ground up to meet the specific data center needs that only became clear after the industry had matured. For instance, its platform excels at an increasingly important type of machine learning called inference, which allows AI to make predictions using never-before-seen data. The company also offers easy-to-use Kubernetes solutions, allowing an app or workload to perform separately from everything else th ...