GBP/USD sank for a fifth straight session on Wednesday, falling as the US Dollar catches a broad-market bid after the Fed held rates steady and stuck to its stubborn wait-and-see stance, trimming hopes for a September rate cut.
Despite beating forecasts, why did Visa's shares fall after its latest earnings? The firm sees big opportunities in Visa Direct and in a key crypto vertical.
Stocks declined after the Fed held rates steady, with Jay Powell signaling during the press conference that he’s comfortable waiting for additional data before considering any cuts.
Marvell's stock reversed its trend, climbing on an analyst note that validated its preliminary earnings report and its critical role in AI infrastructure.
The dollar surge we got wasn’t your average 1% flutter; it was a three-to-four-day tear that hammered the euro hours before Powell even opened his mouth.
Cisco Systems, Inc. (NASDAQ: CSCO) is an American multinational digital communications technology conglomerate headquartered in San Jose, California. Founded in December 1984 by Leonard Bosack and Sandy Lerner, two computer scientists from Stanford University, the company emerged from their pioneering work in connecting disparate computer systems using a multiprotocol router
Automotive manufacturer Ford (NYSE:F) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 5% year on year to $50.18 billion. Its non-GAAP profit of $0.37 per share was 11.1% above analysts’ consensus estimates.
Western Digital shares are rising in extended trading Wednesday after the company reported better-than-expected financial results and issued strong guidance.
Diagnostics company Guardant Health (NASDAQ:GH) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 30.9% year on year to $232.1 million. The company’s full-year revenue guidance of $920 million at the midpoint came in 3.9% above analysts’ estimates. Its non-GAAP loss of $0.44 per share was 14.5% above analysts’ consensus estimates.
Online marketplace eBay (NASDAQ:EBAY) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 6.1% year on year to $2.73 billion. Guidance for next quarter’s revenue was optimistic at $2.72 billion at the midpoint, 2.2% above analysts’ estimates. Its non-GAAP profit of $1.37 per share was 5.6% above analysts’ consensus estimates.
Refrigerant services company Hudson Technologies (NASDAQ:HDSN) reported Q2 CY2025 results topping the market’s revenue expectations, but sales fell by 3.2% year on year to $72.85 million. Its GAAP profit of $0.23 per share was 35.3% above analysts’ consensus estimates.
Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 2.8% year on year to $199.9 million. The company expects next quarter’s revenue to be around $192.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.16 per share was 33.8% above analysts’ consensus estimates.
Nvidia stock has been at the center of the artificial intelligence (AI) revolution for three years, but another chip stock could carry even more lucrative gains in the long run.
Align Technology shares are tumbling in Wednesday's after-hours session after the company reported worse-than-expected results for the second quarter and issued soft guidance.
