Following the establishment of its comprehensive Environmental, Social, and Governance (ESG) framework, Kopin Corp (NASDAQ: KOPN) stock increased by 6.7% in after-hours trading on Thursday.
The Japanese Yen extends its steady intraday ascent through the Asian session on Thursday, which, along with a goodish pickup in the US Dollar demand, lifts the USD/JPY pair above the 148.50 level in the last hour.
I couldn’t help but notice the island reversal pattern that just took place in the semiconductor sector. It’s largely at the mercy, as all of us are, of Nvidia, which seems to just keep putting new notches in the bedpost every night.
Cathie Wood warned that artificial intelligence is displacing entry-level jobs and contributing to rising unemployment among college graduates, urging job seekers to start learning AI to remain competitive in a shifting labor market.
WTI, the US crude oil benchmark, is trading around $65.50 during the early Asian trading hours on Thursday. The WTI drifts higher, snapping the three-day losing streak, as US crude oil inventories post a weekly draw.
Chip giant Nvidia Corp. (NASDAQ: NVDA) has reached a new milestone in the global equity markets, now standing as the single-largest contributor to the MSCI All Country World Index (ACWI).
Some SEBI-registered analysts highlighted margin recovery and deal wins as encouraging signs, while others noted weak quarter-on-quarter performance and uncertain technical trends.
Amid NASDAQ delisting blow Crown LNG Holdings Ltd (NASDAQ: CGBS) stock dropped 55.26% in after-hours trading on Wednesday. What Happened: The stock of the Houston-based company fell by 55.26% to $0.017 per share in after-hours trading, following a 39.48% decrease during regular trading hours.
Financial services giant PNC (NYSE:PNC) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 6.7% year on year to $5.66 billion. Its GAAP profit of $3.85 per share was 8.5% above analysts’ consensus estimates.
Levi's delivered a Q2 that surpassed Wall Street’s expectations, with management pointing to broad-based growth across both direct-to-consumer and wholesale channels as key drivers. CEO Michelle Gass highlighted the company’s transition to a DTC-first model, noting that owned channels now represent over half of sales. Key growth areas included women’s apparel and lifestyle categories beyond traditional denim, which benefited from disciplined assortment rationalization and increased full-price sell-through. Gass remarked that, “the brand has just never been stronger,” with collaborations and cultural marketing partnerships—like the Beyoncé campaign and NIKE collaboration—fuelling consumer engagement.
Regional banking company First Horizon (NYSE:FHN) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 1.8% year on year to $830 million. Its non-GAAP profit of $0.45 per share was 8.2% above analysts’ consensus estimates.
Regional banking company M&T Bank (NYSE:MTB) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 4.1% year on year to $2.40 billion. Its GAAP profit of $4.24 per share was 6.3% above analysts’ consensus estimates.
Byrna’s second quarter showed strong year-on-year revenue growth, driven primarily by the launch of its Compact Launcher and expansion into new retail channels. However, the market reacted negatively, reflecting concerns over consumer demand trends and mixed channel performance, despite management’s emphasis on higher in-store sales and successful partnerships with chains like Sportsman’s Warehouse. CEO Bryan Ganz acknowledged that while sales momentum was robust in May, underlying softness was apparent in consumer behavior, with higher abandoned online carts and signs of price sensitivity. Ganz also noted, “We are seeing a slightly higher level of abandoned carts. There’s a little bit of sticker shock when people are seeing pricing.”
Simply Good Foods delivered results in line with Wall Street’s expectations for the second quarter, driven by continued double-digit growth in its Quest and Owen brands, which now comprise roughly 70% of the company’s portfolio. CEO Geoff Tanner credited category momentum in high-protein, low-sugar snacks as a key driver, noting, “Quest approaches $1 billion in net sales and continues to see a long runway of opportunity.” However, ongoing declines in the Atkins brand, primarily due to distribution losses and reduced merchandising, weighed on overall performance. Management acknowledged margin pressure from inflation in inputs like cocoa and whey, partially offset by productivity and selective pricing actions.
Delta’s second quarter results were well received by the market, with management attributing the performance to resilient demand in premium cabins, effective capacity management, and robust non-ticket revenue streams. CEO Ed Bastian cited the airline’s ability to “generate strong earnings and free cash flow” in a stabilized demand environment, underscoring the importance of premium offerings and loyalty partnerships. President Glen Hauenstein highlighted continued growth in premium revenue and loyalty engagement, with American Express co-brand card spending up double digits. Supply adjustments, especially reductions in main cabin and off-peak flights, helped offset pockets of demand softness, while operational reliability remained a focus despite weather challenges.
Conagra's second quarter faced notable headwinds, drawing a negative market response as both revenue and adjusted earnings per share came in below Wall Street expectations. Management attributed the underperformance to persistent inflationary pressures, particularly in animal protein inputs and packaging, as well as lingering supply chain constraints that impacted production in core categories like frozen foods and snacks. CEO Sean Connolly acknowledged, “the confluence of high inflation and higher investment to drive volume translates to temporary margin compression,” highlighting the deliberate trade-off between supporting brand strength and short-term profitability.
The Nasdaq Composite extended its record-setting streak to three straight sessions, while the broader S&P 500 Index closed within 20 points of a record high.
Shares of Opendoor Technologies Inc. (NASDAQ: OPEN) have been surging this week following renewed interest from activists and fresh enthusiasm from retail investors.
Sen. Elizabeth Warren (D-Mass.) once again voiced her concerns about cryptocurrency-related bills on Wednesday, citing President Donald Trump’s involvement and potential Big Tech exploitation.
Billionaire Bill Ackman pledged a $10 million endowment to the Junior Tennis Champions Center after the International Tennis Hall of Fame declined his donation.
AT&T Inc. has deployed Palantir Technologies Inc. to power its internal generative AI platform, "Ask AT&T," which now serves 100,000 employees across 71 production solutions.
