Vertiv Holdings (NYSE:VRT) shares are plunging in pre-market trading, down roughly 11 percent, despite the company beating second-quarter earnings estimates and raising full-year guidance. Vertiv posted adjusted EPS of $1.52, topping a $1.42 estimate, but second-quarter revenue of $3.27 billion missed the $3.38 billion …
Teradyne (NASDAQ:TER) shares are surging in pre-market trading, rebounding sharply following Tuesday's pre-earnings selloff, after the company posted its second consecutive quarter of record revenue. Second-quarter revenue of $1.33 billion more than doubled year-over-year, exceeding the high end of the company's own guidance, with …
Parsons Corporation (NYSE:PSN) shares are plunging in pre-market trading after the company reported a surprise second-quarter adjusted loss of $0.06 per share, sharply missing FactSet estimates of $0.76 in profit, alongside revenue of $1.58 billion that fell short of the $1.61 billion consensus.
LegalZoom (NASDAQ:LZ) shares are trading higher in pre-market action, extending Tuesday's rally as heavy institutional buying activity comes into focus ahead of the company's second-quarter earnings report due August 5. Fresh 13F disclosures show Principal Financial Group (NASDAQ:PFG) increased its stake by nearly 49 …
Corn futures held above $4.5 per bushel, remaining near their highest level since late May, as persistent dry weather across parts of the US Midwest continued to raise concerns over crop yields heading into the growing season's critical stretch. The USDA reported that 63% …
Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters, scuppering hopes for a resolution to an impasse that has choked off Gulf trade for months. The strait, through which roughly a fifth …
Iran targeted American forces in the Middle East with ballistic missiles late Tuesday, US Central Command said, raising tensions in the region again after a brief halt in hostilities between the two countries. Centcom said the attack originated from Iran but that all missiles …
The Federal Reserve is widely expected to leave the federal funds rate unchanged at 3.50% to 3.75% for a fifth consecutive meeting in July 2026, though the decision remains a genuinely close call, with markets assigning nearly 30% probability to a rate increase. This …
Oil prices rose sharply in Asian trading after renewed tensions in the Middle East saw Iran launch an attack on American forces, prompting a joint US and Saudi response against Tehran-backed sites in Iraq. Brent crude futures for September delivery gained 3.42% to $86.97 …
South Korean stocks plunged for a second consecutive session on Wednesday as Asia's once-blazing AI rally turned into a severe market reckoning, with the benchmark KOSPI index diving as much as 12.6% before reversing some losses to close down 6%. The decline extended Tuesday's …