Elastic Stock Plunges Despite Strong Q2 Earnings Beat
Elastic N.V. shares dropped 12% despite beating earnings expectations with $0.64 EPS and raising full-year guidance, as investors focus on widening losses.
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Intuit Sees Strong Growth as AI Tools Boost QuickBooks Adoption
Intuit reports strong quarterly growth driven by rising demand for its AI-powered QuickBooks features, helping mid-sized and small businesses automate accounting and boost productivity.
Gap Shines in Q3 as Strong Brands and Smart Marketing Boost Sales
Gap delivered better-than-expected Q3 results, driven by strong performance at Old Navy, Gap, and Banana Republic, while Athleta continues to face challenges.
WBD Bidding War: Paramount Leads as Bids Fall Short of $30/Share
Warner Bros. Discovery receives bids from Paramount Skydance, Comcast, and Netflix, but regulatory hurdles and political factors may push final price below CEO's $30/share target.
Ford: Fire Hits Novelis Aluminum Plant in Scriba, NY Again
A four-alarm fire struck the Novelis plant in Scriba, NY. It’s the third fire there in two months, and the plant is crucial to automakers like Ford, which could face major losses.
Citi Raises MongoDB Price Target to $440, Keeps Buy Rating
Citi increases MongoDB price target to $440, citing strong profitability, AI demand, and continued growth. Stock still undervalued compared to peers.