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Crude Oil Down 2%; Ciena Posts Upbeat Earnings - Black Titan (NASDAQ:BTTC), Ciena (NYSE:CIEN)
Benzinga· 2025-12-11 17:27
Market Overview - U.S. stocks showed mixed performance with the Dow rising 1.34% to 48,703.91, while the Nasdaq fell 0.57% to 23,519.07 and the S&P 500 gained 0.01% to 6,886.94 [1] - In commodity markets, oil decreased by 2% to $57.27, while gold increased by 2% to $4,310.90, silver rose 5.36% to $64.440, and copper climbed 3% to $5.5125 [5] Company Performance - Ciena Corp reported a 20.3% year-on-year revenue growth to $1.35 billion, exceeding analyst expectations of $1.29 billion, and posted adjusted EPS of 91 cents, surpassing the consensus estimate of 77 cents [2] - Black Titan Corp's shares surged 73% to $5.73 following the launch of its Digital Asset Treasury Plus framework [8] - Diamond Hill Investment Group Inc's shares rose 45% to $170.44 after First Eagle agreed to acquire the company for $175 per share in a $473 million all-cash deal [8] - Planet Labs PBC shares increased by 34% to $17.40 after reporting better-than-expected third-quarter sales and raising FY26 sales guidance [8] - Rezolute Inc's shares plummeted 88% to $1.26 after its Phase 3 study did not meet key endpoints [8] - C3is Inc's shares fell 81% to $0.33 following the announcement of a $9 million offering [8] - Oracle Corp's shares dropped 13% to $194.31 after mixed second-quarter financial results for fiscal 2026 [8] European Market Performance - European shares experienced gains with the eurozone's STOXX 600 rising 0.55%, Spain's IBEX 35 Index up 0.72%, London's FTSE 100 increasing by 0.49%, Germany's DAX 40 rising 0.68%, and France's CAC 40 surging 0.79% [6] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei down 0.90%, Hong Kong's Hang Seng down 0.04%, and China's Shanghai Composite declining 0.70%, while India's BSE Sensex gained 0.51% [9]
Dow Jumps Over 200 Points; Oracle Shares Plunge After Q2 Results - Agape ATP (NASDAQ:ATPC), AXIL Brands (AMEX:AXIL)
Benzinga· 2025-12-11 14:43
Market Overview - U.S. stocks showed mixed performance, with the Dow Jones index increasing by 0.45% to 48,273.18, while the NASDAQ and S&P 500 fell by 0.70% to 23,488.33 and 0.35% to 6,862.54 respectively [1] - Materials shares experienced a rise of 1.2% on Thursday [1] Sector Performance - Information technology stocks declined by 1.4% on Thursday [2] Company News - Oracle Corp. reported second-quarter revenue of $16.06 billion, which was below analyst expectations of $16.21 billion. However, adjusted earnings grew by 54% year-over-year to $2.26 per share, surpassing analyst estimates of $1.64 per share [3] Commodity Market - Oil prices decreased by 2% to $57.28, while gold increased by 0.7% to $4,254.90. Silver rose by 3.3% to $63.010, and copper increased by 1.9% to $5.4535 [6] International Markets - European shares saw gains, with the eurozone's STOXX 600 rising by 0.4% and Spain's IBEX 35 Index increasing by 0.9% [7] - Asian markets mostly closed lower, with Japan's Nikkei down by 0.90% and China's Shanghai Composite declining by 0.70% [8] Notable Stock Movements - Black Titan Corp shares surged by 143% to $8.07 following the announcement of its Digital Asset Treasury Plus framework [10] - AXIL Brands Inc shares rose by 72% to $8.65 after securing a National Retail Distribution agreement with Walmart [10] - Rezolute Inc shares plummeted by 87% to $1.38 after failing to meet key endpoints in a clinical study [10] - C3is Inc shares fell by 80% to $0.34 after announcing a $9 million offering [10]
Dow Jumps Over 200 Points; Oracle Shares Plunge After Q2 Results
Benzinga· 2025-12-11 14:43
Market Overview - U.S. stocks showed mixed performance, with the Dow Jones index increasing by 0.45% to 48,273.18, while the NASDAQ decreased by 0.70% to 23,488.33 and the S&P 500 fell by 0.35% to 6,862.54 [1] - Materials shares experienced a rise of 1.2% on Thursday [1] - Information technology stocks declined by 1.4% [2] Company Performance - Oracle Corp. reported second-quarter revenue of $16.06 billion, which was below analyst expectations of $16.21 billion. However, adjusted earnings grew by 54% year-over-year to $2.26 per share, surpassing analyst estimates of $1.64 per share. Following this mixed financial result, Oracle's shares fell approximately 15% [3] Commodity Market - In commodity trading, oil prices decreased by 2% to $57.28, while gold prices increased by 0.7% to $4,254.90. Silver rose by 3.3% to $63.010, and copper saw a rise of 1.9% to $5.4535 [6] Global Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.4%, Spain's IBEX 35 Index increasing by 0.9%, London's FTSE 100 up by 0.1%, Germany's DAX 40 rising by 0.5%, and France's CAC 40 surging by 0.8% [7] - Asian markets mostly closed lower, with Japan's Nikkei down by 0.90%, Hong Kong's Hang Seng down by 0.04%, China's Shanghai Composite declining by 0.70%, while India's BSE Sensex gained 0.51% [8] Notable Stock Movements - Black Titan Corp's shares surged by 143% to $8.07 after launching its Digital Asset Treasury Plus framework. AXIL Brands Inc saw a 72% increase to $8.65 following a distribution agreement with Walmart. Agape ATP Corp's shares rose by 61% to $0.11 [10] - Conversely, Rezolute Inc's shares plummeted by 87% to $1.38 after failing to meet key study endpoints, while C3is Inc's shares dropped by 80% to $0.34 after announcing a $9 million offering [10]