Perplexity Seeks $500 Million in Funding with a $9 Billion Valuation

California-based artificial intelligence startup Perplexity is set to complete a new $500 million funding round. This round will dramatically raise the company's ...

Spirit AeroSystems Sounds Alarm Over Continuity Concerns

In its latest quarterly report, Spirit AeroSystems, a significant U.S. supplier to Boeing, expressed concerns about its ability to continue operations. The compan...

After-Market Movers: Super Micro Computer, Exact Sciences, Trump Media & Technology

Post-Market Stock Movements:

Super Micro Computer (NASDAQ:SMCI) dropped 10% after its quarterly sales forecast fell below expectations. The company revised its p...

IFF Reports Mixed Third Quarter Results, Raises Full-Year Revenue Forecast

NEW YORK - International Flavors & Fragrances Inc. (NYSE: IFF) announced mixed third-quarter results on Tuesday and raised its full-year revenue forecast. The com...

Frontier Communications Reports Wider Losses Than Expected in Q3, Yet Surpasses Revenue Expectations

DALLAS - Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced its third-quarter results for 2024. The company fell short of earnings expectations but sur...

Globus Medical Shares Surge 7% on Strong Q3 Results and Upgraded Guidance

AUDUBON, Pa. - Shares of Globus Medical, Inc. (NYSE: GMED), a musculoskeletal solutions company, rose 7.4% following third-quarter earnings that exceeded analyst ...

Mercury Systems Surpasses Expectations, Shares Rise 5%

ANDOVER, Mass. - Mercury Systems, Inc. (NASDAQ:MRCY) announced that its financial results for the first quarter of fiscal year 2025 exceeded expectations. Followi...

Jack Henry Surpasses Expectations in First Quarter Earnings, Confirms Full-Year Outlook

MONETT, Mo. - Jack Henry & Associates, Inc. (NASDAQ:JKHY) reported results that exceeded expectations for the first quarter of fiscal year 2025; revenue and earni...

Microchip Earnings Exceed Expectations at $0.03, Profits Soar Above Forecasts

According to the report, Microchip (NASDAQ: MCHP) reported earnings per share of $0.46 for the second quarter, exceeding analysts' expectations of $0.43 by $0.03....

B&G Foods Shares Plummet 14% Following Disappointing Q3 Results

NEW YORK - B&G Foods, Inc. (NYSE: BGS) shares fell 14% after reporting third-quarter results that missed analyst expectations. Both earnings and revenue fell shor...

U.S. Trade Deficit Reaches $84.4 Billion in September

The U.S. trade deficit sharply increased in September, reaching $84.4 billion. This figure indicates a 19.2% rise compared to the revised $70.8 billion deficit in...

Devon Energy's Q3 Earnings Beat Expectations, Stock Climbs 3%

OKLAHOMA CITY - Devon Energy Corp. (NYSE:DVN) announced its third-quarter results for 2024. While the company's revenue exceeded expectations, earnings fell sligh...

Exact Sciences Shares Plunge Amid Weak Results and Downgraded Guidance

MADISON, Wis. - Shares of Exact Sciences Corp. (NASDAQ:EXAS), a provider of cancer screening and diagnostic tests, fell 25% following third-quarter results that m...

MasterBrand's Q3 Revenue Surpasses Expectations, But Earnings Per Share Fall Short

NEW YORK - MasterBrand, Inc. (NYSE:MBC) reported that its third-quarter revenue exceeded analyst expectations, although earnings per share fell short of forecasts...

Masimo Shares Decline as Fourth Quarter Revenue Expectations Disappoint

IRVINE, California - Masimo Corporation (NASDAQ:MASI) reported third-quarter earnings that exceeded analyst expectations, but shares dropped by 7.5% as fourth-qua...

Coupang Shares Decline Following Third Quarter Earnings

SEATTLE - Coupang, Inc. (NYSE:CPNG) announced third-quarter earnings that exceeded analyst expectations, but the company's stock fell 3.5% in after-hours trading....

Revolve Group Stocks Rise 10% on Strong Q3 Results and Positive Outlook

NEW YORK - Shares of online fashion retailer Revolve Group Inc (NYSE:RVLV) rose 10% in after-hours trading on Tuesday following third-quarter results that exceede...

Lumen Technologies Shares Surge 7.68% After Beating Earnings Estimates

NEW YORK - Lumen Technologies, Inc. (NYSE: LUMN) announced its third-quarter revenue after the market closed on Tuesday, exceeding analyst expectations, and the c...

EU Regulators Set to Penalize Apple Under New Technology Rules

According to sources close to the subject, Apple Inc. (NASDAQ:AAPL) is on the verge of receiving a fine from European Union antitrust regulators. The penalty is b...

ADM Shares Decline Amid Profit Warning and Accounting Issues

Shares of global grain trader Archer-Daniels-Midland (NASDAQ: ADM) dropped 8% in pre-market trading today after the company announced a reduction in its adjusted ...

Canada's September Trade Deficit Surpasses Expectations

OTTAWA - Canada's trade deficit in September amounted to CA$1.26 billion (US$908 million), exceeding analysts' expectations. This figure indicates that the countr...