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Government Shutdown Possibly Coming to an End
ZACKS· 2025-11-10 17:21
Economic and Market Overview - A group of eight moderate Democratic senators has ended a 38-day federal government shutdown, positively impacting pre-market futures [1] - The blue-chip Dow is up 155 points, S&P 500 is up 60 points, and Nasdaq is up 365 points, indicating a strong market response [2] - The 10-year bond yield has increased to 4.12%, while the two-year yield is at 3.60%, reflecting market adjustments [2] - Economic data, including CPI, PPI, and Retail Sales, is expected to be released later this week, which will inform the Federal Reserve's interest rate decisions [3] Company Earnings Reports - Tyson Foods (TSN) reported Q3 earnings of $1.15 per share, exceeding expectations of $0.85, resulting in a positive surprise of 35.3%, although revenue slightly missed at $13.86 billion compared to the expected $13.91 billion [4] - Monday.com (MNDY) posted earnings of $1.16 per share, beating projections of $0.89, with revenues of $316.9 million surpassing the expected $312 million; however, a significant drop in guidance for next-quarter revenues led to a 20% drop in share price [5] - Rigetti (RGTI) is anticipated to report a 37.5% year-over-year earnings growth, with modest revenue growth of 0.42%, and shares are up 120% year to date [6] - Paramount Skydance (PSKY) is expected to report a 6% decline in bottom line year-over-year, with a 1.45% increase in revenues; the outlook will be crucial for investors [7]
Earnings To Watch: monday.com (MNDY) Reports Q3 Results Tomorrow
Yahoo Finance· 2025-11-09 03:02
Group 1: Company Performance - monday.com reported revenues of $299 million last quarter, exceeding analysts' expectations by 1.8% and showing a year-on-year growth of 26.6% [1] - The company added 258 enterprise customers paying more than $50,000 annually, bringing the total to 3,702 [1] - Analysts expect monday.com's revenue to grow 24.4% year on year to $312.4 million this quarter, with adjusted earnings projected at $0.88 per share [2] Group 2: Analyst Expectations - Analysts have generally reconfirmed their estimates over the last 30 days, indicating confidence in the company's performance heading into earnings [3] - monday.com has a history of exceeding Wall Street's expectations, beating revenue estimates by an average of 2.3% over the past two years [3] Group 3: Industry Context - Peers in the productivity software segment, such as Atlassian and Pegasystems, reported year-on-year revenue growth of 20.6% and 17.3% respectively, both beating analysts' expectations [4] - Investors in the productivity software segment have maintained steady positions, with monday.com shares up 2.2% over the last month, while the average analyst price target is $266.33 compared to the current share price of $189.15 [5]