U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining more than 100 points on Wednesday.The Dow traded up 0.28% to 42,986.17 while the NASDAQ gained 0.09% to 19,731.97. The S&P 500 also rose, gaining, 0.06% to 6,042.25.Check This Out: Top 2 Tech And Telecom Stocks You May Want To Dump In Q2Leading and Lagging SectorsInformation technology shares jumped by 0.6% on Wednesday.In trading on Wednesday, materials stocks fell by 0.6%.Top HeadlineU.S. crude oil inventories declin ...

Oracle Corporation ORCL will release earnings results for the fourth quarter, after the closing bell on Wednesday, June 11. The company has missed revenue estimates in two straight quarters and missed estimates in seven of the past 10 quarters overall. With the recent buzz around Oracle, some investors may be eyeing potential gains from the company's dividends too. Currently, Oracle offers an annual dividend yield of 1.13%. That's a quarterly dividend amount of 50 cents per share ($2.00 a year). Analysts ex ...

Core Viewpoint - G-III Apparel Group reported better-than-expected earnings for the first quarter, with adjusted earnings per share of 19 cents, surpassing analyst expectations of 12 cents, despite a 4% year-over-year decline in quarterly sales to $583.61 million, which still exceeded the Street's estimate of $580.37 million [1][2]. Financial Performance - The company experienced double-digit growth in key owned brands such as DKNY, Karl Lagerfeld, and Donna Karan, which helped offset losses from exiting the Calvin Klein jeans and sportswear businesses [2]. - G-III Apparel has withdrawn its profit guidance for FY26 due to tariff impacts and macroeconomic uncertainties, anticipating a $135 million unmitigated tariff hit, primarily in the second half of the fiscal year [2]. - The company maintains its FY2026 sales guidance at $3.14 billion, slightly above the $3.12 billion estimate [2]. Future Expectations - G-III Apparel expects lower sales in the first half of fiscal 2026 compared to the previous year, with an anticipated acceleration in the second half [3]. - For the second quarter, the company projects earnings per share between $0.02 and $0.12, with revenue expected to be around $570 million, below the $621 million estimate [3]. Stock Performance and Analyst Ratings - Following the earnings announcement, G-III Apparel shares fell by 2.7%, trading at $21.90 [3]. - Analysts have adjusted their price targets for G-III Apparel: Telsey Advisory Group lowered its target from $30 to $27, Keybanc reduced its target from $40 to $30, and Barclays cut its target from $21 to $18 [6][8].

Earnings season is nearly wrapped up, but a few notable reports are still on deck this week. The three I'm watching are Oracle, Adobe, and RH. Oracle and Adobe will provide further insight into the tech sector, while RH will offer a glimpse into the high-end consumer space.The main focus this week, however, will be inflation. We’ll receive both the CPI and PPI reports, and it will be interesting to see whether prices are beginning to rise following the tariffs implemented in early April. A couple of weeks a ...