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MasterCraft Boat Hldgs reports fiscal 2026 sales rise 22.8%
The company said fiscal 2026 net sales increased 22.8% to $348.9 million and adjusted EBITDA rose 87.1% to $45.6 million. It also completed its acquisition of Marine Products Corporation, adding Chaparral and Robalo brands and realigning reportable segments.
Navan raises full-year outlook after Q2 growth
Navan said total GBV rose 45% year over year to more than $3 billion in Q2 2027. The company said it exceeded expectations for revenue and non-GAAP operating income and raised its full-year outlook.
U.S. jobs data drives sharp rotation across stocks, bonds and gold
U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
Zscaler reports 25% ARR growth, raises AI security focus
Zscaler said fourth-quarter annual recurring revenue rose 25% and non-GAAP operating margin reached 24.3%, while Security for AI bookings increased more than 50% sequentially.
Netskope Q2 fiscal 2027 revenue rises 29%, beats guidance
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.
US stocks fall as Treasury yields and oil surge
U.S. equities fell for a second straight session as Treasury yields climbed for a fifth day and crude oil extended gains, with markets increasingly pricing a Federal Reserve rate hike this month.
Treasury buybacks drag yields lower; gold, miners rally
The Treasury’s decision to at least double long-dated debt buybacks pushed benchmark yields lower, weakened the dollar to its lowest since late May and lifted gold-related assets.
U.S. data weakens as yields rise and stocks split
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.
Dow Tumbles 400 Points; Procter & Gamble Shares Fall After Q4 Results
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling more than 400 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.78% to 52,334.00 while the NASDAQ declined 0.02% to 24,872.92. The S&P 500 also fell, dropping, 0.04% to 7,426.03. Leading and Lagging Sectors E
Brent Tops $100, Alphabet, Tesla Sink Nasdaq 100: Stock Market Today
U.S. stocks extended their slide on Thursday as Brent crude vaulted above $100 a barrel and the 10-year Treasury yield climbed to an 18-month high, while concerns over Alphabet Inc.’s (NASDAQ: GOOGL ) rising AI capital expenditures overshadowed an otherwise strong quarterly report and added to investor unease following