Lowe’s delivered stronger than expected quarterly revenue and earnings, even as higher mortgage rates and softer housing activity continued to weigh on the home improvement sector. The retailer reported more than 10% year-over-year sales growth for its fiscal fourth quarter and raised expectations for annual revenue growth. However, its full-year earnings per share guidance came
Dell stock price remains in a technical bear market after falling by nearly 30% from it highest point in November last year. It was trading at $119 on Tuesday as investors waited for the upcoming earnings. Technicals suggest that the stock will bounce back in the near term. Dell stock price forms a bullish pattern
Shares of Workday fell about 10% in premarket trading on Wednesday after the enterprise software maker forecast weaker-than-expected revenue. The Pleasanton, California-based group has already seen its stock battered this year amid growing investor anxiety over artificial intelligence. Workday shares are down about 40% so far this year, reflecting a wider sell-off in software stocks
Circle Internet Group stock (NYSE: CRCL) jumped over 17% in premarket trading on Wednesday after the stablecoin issuer posted a sharply stronger Q4 and surprised investors with just how fast USDC is expanding. With CRCL last closing around $61.37 and changing hands near $71 in premarket quotes, the stock was trading roughly in line with
AAVE price hit an intraday high of $119.35 earlier today before pulling back to $116.60, though it remains in the green with a 2.8% gain over 24 hours. Despite this short-term rise, market sentiment is cautious as the Aave community prepares to vote for a contentious revenue redirection proposal. The vote concerns a proposed $51
Billionaire hedge fund manager David Tepper has taken his frustration with Whirlpool public after the appliance maker moved to raise fresh equity, a step that dilutes existing shareholders. Tepper’s Appaloosa disclosed a near 10% Whirlpool stake last fall, but more recent filings show that position is smaller, highlighting how quickly the trade has shifted from
US equities advanced on Wednesday, supported by strength in major technology names, as investors looked to extend gains from the previous session. The Dow Jones Industrial Average rose 224 points, or 0.5%. The S&P 500 gained 0.5%, while the Nasdaq Composite added about 0.7%, reflecting broad-based buying across growth-oriented sectors. Market sentiment was underpinned by
Polkadot (DOT) has surged dramatically in the last 24 hours, climbing 16.9% to $1.44. This outpaces the broader crypto market, where total capitalisation gained just 4.54% over the same period. Investors and traders are taking notice, and the reasons behind the rally are both unique and timely. Why the Polkadot price is surging The primary
Tesla’s footprint in the European Union car market narrowed in January, even as battery electric vehicles strengthened their position across the bloc. Industry data show the US electric vehicle maker recorded a sharp year-on-year decline in registrations, losing market share as the broader shift towards electrification continued. The figures reflect a mixed start to the
Similar to Bitcoin and other major cryptocurrencies, Litecoin is extending its correction on Tuesday, and is now trading below $51. The coin is down 4% in the last 24 hours, with the bearish price action supported by derivatives data. Litecoin’s Open Interest (OI) has been falling steadily alongside rising short bets, suggesting waning retail participation.