Meta Platforms Stock Rises on Small Business Tool Expansion
Meta Platforms' stock increased by approximately 0.54% to $729.87 after expanding its Muse agent to assist small businesses with campaign management and customer information.
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Meta Platforms' stock increased by approximately 0.54% to $729.87 after expanding its Muse agent to assist small businesses with campaign management and customer information.
Leading cryptocurrencies held firm on Wednesday as investors digested the latest inflation data and expectations of another rate hike. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.20% $83,561.41 Ethereum (CRYPTO: ETH) +0.30% $2,689.97 XRP (CRYPTO: XRP) +0.10% $1.49 Solana
Cal-Maine Foods (NASDAQ: CALM ) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Cal-Maine Foods, Inc. report
Reuters roundup of notable U.S. stock movers included Fair Isaac down 25.7%, while Staar Surgical and Plug Power were among gainers. The S&P 500 was down 0.31% at 7,660.06 at 1330 EDT.
The company said its August 2026 agent survey found higher mortgage rates, rising inventory and longer days on market. The optimism index fell to 54.3 from 58.9, while the transaction growth index dropped to 44.6 from 52.5.
Major stock indexes fell as oil resumed its rise and Treasury yields extended gains ahead of more expected Fed rate hikes. Nvidia rose after boosting its buyback authorization, while gold fell and the dollar strengthened.
Nasdaq Composite Rises 145.44 Points (0.54%)
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
For years, investors have argued about whether the small-cap premium still exists. The original case was easy enough to understand. Smaller companies should produce higher returns because investors are accepting more risk. These businesses usually have less access to capital, fewer revenue sources, thinner trading volu
Main US indexes mixed; Nasdaq, S&P 500 up slightly, Dow slips Tech leads S&P 500 sector gainers; materials weakest group Dollar ~flat, gold up ~1%, US crude falls >2%; bitcoin rallies ~6% US 10-year Treasury yield rises to ~5.0% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
Nasdaq Composite rose 378.54 points, or 1.46%.
U.S. stocks traded lower midway through trading, with the Dow Jones index dropping more than 350 points on Tuesday. The Dow traded down 0.71% to 52,051.45 while the NASDAQ declined 0.67% to 26,010.20. The S&P 500 also fell, dropping, 0.42% to 7,588.35. Leading and Lagging Sectors Energy shares jumped by 1.4% on Tuesday
S&P 500 e-mini futures fell and Nasdaq 100 e-mini futures declined. EUR/USD was lower, while WTI crude was higher at 101.9.
Kroger gained about 3% after reporting second-quarter adjusted earnings of $1.09 per share and sales of $34.621 billion, both above estimates.
Brent crude climbed above $108 a barrel as reports said Iran-backed Houthis seized Yemen’s key Red Sea port of Mocha and advanced toward the Hanish Islands. The report also said Asian markets fell and U.S. stock futures were mixed.
Leading cryptocurrencies slid after August producer prices rose 5.4% year over year, above economists’ expectations. Bitcoin dipped below $77,000 and crypto-linked stocks also weakened.
Musk said Anthropic's extreme AI-growth scenario could become achievable once humanoid robots reach volume production. He also posted that AI plus robots will more than double the global economy in less than 10 years.
Perma-Pipe International reported second-quarter net sales of $59.6 million, up 24% year over year, and net income of $2.5 million versus $0.9 million a year earlier.
In Asia, S&P 500 E-mini futures are down and Nasdaq 100 E-mini futures are up; Dow futures are down and Russell 2000 futures are down. USD/JPY is down. WTI is up at 92.9.
Q2 FY2027 revenue jumped 55% to $54.6 million, net income doubled to $2.6 million and adjusted EBITDA rose 69%. Cash increased to $138.6 million after a $108.6 million stock offering.
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
Zscaler shares are up 3.54% at $178.85 ahead of fourth-quarter fiscal 2026 earnings after the close, with analysts expecting EPS of $1.08 and revenue of $877.36 million.
Netskope reported Q2 fiscal 2027 revenue of $221 million, up 29% year over year and ahead of guidance, with ARR at $899 million, up 27% year over year.
NetApp reported first-quarter fiscal 2027 revenue of $2.03 billion and diluted EPS of $1.88 in its 10-Q summary.
U.S. stocks closed lower Tuesday as the CNN Fear and Greed Index slipped to 44.2 from 47.5, entering the fear zone. The Dow fell 419 points, while the S&P 500 and Nasdaq also weakened.
Palo Alto Networks rose about 3% Thursday after CrowdStrike posted stronger-than-expected fiscal second-quarter revenue and adjusted earnings, lifting cybersecurity shares. The stock also had bullish analyst support ahead of its Sept. 1 earnings report.
Dell Technologies shares are rising ahead of its Sept. 1 second-quarter earnings report, with analysts looking for EPS of $4.91 and revenue of about $44.90 billion.
US index futures were mixed with S&P 500 down 0.05 percent and Nasdaq 100 up 0.01 percent, while euro/dollar fell 0.18 percent and WTI rose 0.25 percent in the session.
Semtech Corp. reported adjusted second-quarter earnings of 71 cents a share on revenue of $341.9 million, both above estimates, and guided third-quarter profit and sales above Wall Street expectations.
Super Micro Computer Inc. (NASDAQ: SMCI) edged higher in Tuesday premarket trading after Cisco said it expanded its Secure AI Factory with NVIDIA through a partnership with Super Micro.