Search results

Search market news

20 stories
prnewswire

Allegiant Adds Free Drinks, Introduces New Class of Premium Seating

Starting Aug. 1, passengers will enjoy free inflight beverage service, while select aircraft in 2027 will feature a new premium seating option: Allegiant FirstLAS VEGAS, July 29, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today announced it is introducing several new features that…

PR Newswire en_IN
gurufocus

SoFi Stock Sinks After Blowout Earnings Fail to Impress Wall Street

SoFi Technologies NASDAQ:SOFI shares fell more than 9% on Wednesday after the digital financial services company reported second-quarter results that topped Wall Street estimates and raised its full-year outlook.SoFi generated revenue of $1.22 billion for the quarter ended June 30, up 42% from a ye…

GuruFocus en_IN
StocksUS
trading-economics

US Dollar Index Extends Pullback

The dollar index fell to 101.2 on Wednesday, extending the pullback after testing a 15-month high of 101.6 on the prior session after the Federal Reserve held interest rates unchanged.Around one-third of the market had positioned for a hike by the central bank, as mounting pro-inflationary risks an…

Trading Economics en_IN
Forex
gurufocus

NVIDIA Stock Falls 2.3% as AI-Chip Selloff Deepens

NVIDIA NASDAQ:NVDA, a U.S. designer of processors used for artificial-intelligence computing, fell approximately 2.3% in Wednesday's regular-session trading as of 11:18 a.m. ET as investors assessed SK Hynix's disappointing earnings and continuing pressure across semiconductor stocks. SK Hynix (HXS…

GuruFocus en_IN
indexStocksUS
gurufocus

Ferrari's Most Unlikely Model Is Finding Buyers

Ferrari (RACE, Financials), the luxury sports car manufacturer, has reached its 2026 sales target for the Luce electric vehicle only two months after the model's launch.The company had aimed to sell just under 500 units this year. Strong demand from China helped the four-door electric vehicle reach…

GuruFocus en_IN
StocksIT
gurufocus

Ferrari's 550,000 EV Hit Its Target Despite Investor Backlash

Ferrari hit its 2026 sales target for the Luce, its first electric model, within two months of launch, according to two people with knowledge of the matter. The target was just under 500 units and was reached in early July, one of them said. Ferrari declined to comment. Shares were down 0.37% intra…

GuruFocus en_IN
StocksIT
stocktwits

Why Is HIMS Stock Down 13% Today?

Hims & Hers (HIMS) shares slumped 13% on Wednesday after the U.S. Federal Trade Commission sued the telehealth company over allegations it shared sensitive user health data with advertisers, including Meta Platforms and Snap, while also engaging in deceptive billing and cancellation practices.FTC’s…

Stocktwits en_IN
StocksUS
gurufocus

Goldman Sachs Issues Stark PayPal Stock Warning

PayPal NASDAQ:PYPL is dividing Wall Street after stronger second-quarter earnings and an improved full-year outlook prompted nine analysts to raise their price targets, even as Goldman Sachs maintained a Sell rating. The split reflects a sharper investor debate: PayPal's turnaround is producing res…

GuruFocus en_IN
StocksUS
prnewswire

Hexaware Reports Q2CY26 Revenue at USD 405.4 Mn, Up 6.1% YoY

Q2CY26 EBIT Margin at 13.6%, Increase of 68 bps QoQLONDON, July 29, 2026 /PRNewswire/ -- Hexaware Technologies (NSE:HEXT), a global provider of IT solutions and services, today announced financial results for the second quarter of calendar year 2026 ended Jun 30, 2026.Financial Summary and Highligh…

PR Newswire en_IN
StocksIN
trading-economics

US 10-Year Treasury Yield Holds Gains After Fed Decision

The yield on the US 10-year Treasury note edged up to 4.64% on Wednesday, holding on to earlier gains after the Federal Reserve left the federal funds rate unchanged, broadly in line with expectations, despite markets assigning roughly a one-in-three probability to a rate hike.However, three FOMC m…

Trading Economics en_IN
BondsEconomy
gurufocus

Top Bank Resets Microsoft Stock Target Before Earnings

Microsoft NASDAQ:MSFT heads into fiscal fourth-quarter earnings with Scotiabank cutting its price target to $470 from $550, a striking reset that keeps a bullish rating intact while warning that stronger Azure growth may not offset mounting concern over the cost of Microsoft's AI buildout.Wall Stre…

GuruFocus en_IN
StocksUS
gurufocus

Wedbush Spots Hidden Risk in Nvidia's AI Expansion

Nvidia NASDAQ:NVDA is reportedly cutting host-memory capacity in its upcoming Vera Rubin systems as surging memory p) is reportedly crices and tight supply reshape product design, while passing higher component costs into consumer GPU prices. The changes suggest Nvidia's purchasing power cannot ful…

GuruFocus en_IN
StocksUS
gurufocus

Cathie Wood Just Bought Nvidia Stock Again

Nvidia NASDAQ:NVDA drew renewed investor attention after Ark Invest, led by Cathie Wood, purchased 78,965 shares of the AI chipmaker across its five largest exchange-traded funds on Tuesday, July 28. The purchase was valued at about $15.5 million based on Tuesday's closing price.Nvidia shares have…

GuruFocus en_IN
StocksUS

SK Hynix Stock Falls 9.6% as Record Profit Disappoints

SK Hynix (HXSCL), a South Korean semiconductor manufacturer supplying advanced memory products to NVIDIA NASDAQ:NVDA, fell 9.6% in Wednesday's Seoul trading after record quarterly operating profit missed analysts' expectations. The stock dropped nearly 20% earlier in the session before recovering p…

GuruFocus en_IN
StocksKR