Packaged foods company General Mills NYSE:GIS beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 1.2% year on year to $4.61 billion. Its non-GAAP profit of $0.95 per share was 18.2% above analysts’ consensus estimates.General Mills (GIS) Q2 CY2026 Highlights:Company OverviewBest kn…
Financial data provider FactSet NYSE:FDS beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 6.4% year on year to $622.9 million. The company expects the full year’s revenue to be around $2.46 billion, close to analysts’ estimates. Its non-GAAP profit of $4.53 per share was 1.8% abo…
Athletic apparel brand Nike NYSE:NKE reported Q2 CY2026 results topping the market’s revenue expectations, but sales fell by 1.1% year on year to $10.97 billion. Its GAAP profit of $0.72 per share was significantly above analysts’ consensus estimates.Nike (NKE) Q2 CY2026 Highlights:Company Overview…
Beer, wine, and spirits company Constellation Brands NYSE:STZ reported Q2 CY2026 results beating Wall Street’s revenue expectations, but sales fell by 3.3% year on year to $2.43 billion. On the other hand, the company’s full-year revenue guidance of $9 billion at the midpoint came in 1.1% below ana…
What Happened? Shares of diabetes technology company Tandem Diabetes Care NASDAQ:TNDMfell 2.5% in the afternoon session after a new competitor, Modular Medical, announced the first patient use of its Pivot tubeless insulin patch pump.The news signaled a new competitive threat, particularly because…
What Happened? Shares of alternative investment management firm Hamilton Lane NASDAQ:HLNE jumped 3.9% in the afternoon session after the company announced an expanded partnership with the fintech firm iCapital to make its investment strategies more accessible to wealth managers globally.Through the…
What Happened? Shares of solar power systems company SolarEdge NASDAQ:SEDG jumped 6.1% in the afternoon session after reports suggested the U.S. government is preparing a rule that could ban Chinese solar inverters.According to reports, the potential prohibition is based on national security concer…
What Happened? Shares of cybersecurity cloud platform provider Qualys NASDAQ:QLYS jumped 7.6% in the afternoon session after JPMorgan upgraded its rating on the stock to Neutral from Underweight and increased its price target to $139 from $87.An analyst from the bank cited growth in the vulnerabili…
What Happened? Shares of website building platform Wix NASDAQ:WIX fell 2.2% in the afternoon session after its competitor in the website-building sector, Elementor, announced it is laying off 100 employees, representing 30% of its workforce.The move by the rival company raised investor concerns abo…
What Happened? Shares of electrical connector manufacturer Amphenol NYSE:APH jumped 6.2% in the afternoon session after Evercore ISI reiterated the stock as its top pick in connectors and sensors, with an Outperform rating and $180 price target.The connector market grew about 14.7% year-over-year i…
What Happened? Shares of grocery store chain Sprouts Farmers Market NASDAQ:SFMjumped 2.7% in the afternoon session after the company announced an expansion of its partnership with Los Angeles-based Klatch Coffee, which will add 11 in-store cafes to select locations.The new cafes will be placed in S…
What Happened? Shares of fiber laser manufacturer IPG Photonics NASDAQ:IPGP jumped 5.3% in the afternoon session after Stifel reiterated its Buy rating and $125 price target on the stock, with the move also supported by a broader rebound in the semiconductor sector.The investment firm's continued c…
What Happened? Shares of natural gas producer Range Resources NYSE:RRC jumped 2.6% in the afternoon session after U.S. natural gas futures climbed on forecasts of a heatwave and strong demand.The price of natural gas futures jumped as rising temperatures across the U.S. increased demand for gas-fir…
What Happened? Shares of natural gas producer Expand Energy NASDAQ:EXE jumped 4.6% in the afternoon session after natural gas prices rallied to a 20-week high.The surge in natural gas futures boosted revenue expectations for producers. Reinforcing positive sentiment, new analyst ratings highlighted…
What Happened? Shares of natural gas producer CNX Resources NYSE:CNX jumped 2.7% in the afternoon session after natural gas futures rallied amid forecasts for hotter summer weather across the United States.The price of natural gas, a key driver for CNX's revenue, climbed as forecasted heatwaves wer…
What Happened? Shares of solar energy systems company Shoals NASDAQ:SHLSjumped 6.2% in the afternoon session after reports revealed the U.S. government was considering a ban on imports of Chinese-made power inverters.According to a Reuters report, the administration was drafting a rule that would b…
What Happened? Shares of earth imaging satellite company Planet Labs NYSE:PL jumped 7.5% in the afternoon session after the company raised its full-year revenue outlook and announced the successful launch of three new satellites, signaling stronger demand.The updated guidance projects revenue betwe…
What Happened? Shares of computer processor maker Intel NASDAQ:INTC jumped 7.2% in the afternoon session after a wave of positive sentiment swept through the semiconductor sector, fueled by analyst price target increases and optimism about artificial intelligence (AI) infrastructure spending.The mo…
What Happened? Shares of electronics manufacturing services company Sanmina NASDAQ:SANM jumped 5.4% in the afternoon session after Microbot Medical selected it as a manufacturing partner for its LIBERTY® Endovascular Robotic System.Sanmina, a global manufacturing solutions provider, will serve as a…
What Happened? Shares of chip designer Allegro MicroSystems NASDAQ:ALGM jumped 5.7% in the afternoon session after analysts at Mizuho and TD Cowen raised their price targets on the company's stock. Mizuho increased its price target to $67 from $54, while TD Cowen lifted its target to $70 from $55…