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BMO Shares Dip Again as Earnings Loom and Analysts Stay Cautious
BMO shares fell 0.9% to $174.09 on Thursday, extending a 3.75% slide, as investors weigh quarter-end institutional filings against upcoming earnings and analyst caution.
Nike Unveils Pegasus Plus 2 Amid North American Sales Slump
Nike debuts Pegasus Plus 2 as North American sales drop 6.8%, JD Sports warns, stock remains 49% below 52-week high.
Santander-WEBSTER Deal Closes at $78.09 as Trading Volume Hits 15x Average
Santander's acquisition of Webster Financial closed at $78.09 per share, with last-day volume surging to 15 times average. Investors shift focus to integration performance.
Ticketmaster Canada ID Checks Spark Privacy Concerns as Live Nation Margins Hold
Ticketmaster introduces biometric ID checks in Canada, raising privacy concerns. Live Nation's ticketing margins remain robust at 39%, but regulatory risks loom.
Deere Profit Jumps 69% on Construction Strength, AI Data Centers Offset Ag Slump
Deere's Q3 profit surged 69% on construction strength tied to AI data centers, offsetting ag downturn. EPS beat at $5.10, but tariff refunds raise quality concerns.
Zip Shares Surge 18% as FY26 Earnings Beat, FY27 Outlook Disappoints
Zip shares soared 18.2% to A$3.05 after record FY26 earnings, but FY27 guidance points to slower growth and higher credit losses.
Bitcoin Breaks Above $71K as ETF Inflows Reverse, Fueling Rally
Bitcoin surged past $71,000 after U.S. spot ETF inflows reversed by $1.25 billion, signaling renewed institutional demand. BlackRock's IBIT led the charge.
XRP Breaks Out of Four-Year Lull as Crypto Policy Optimism Surges
XRP surged past $1.06, breaking a four-year volatility squeeze, as U.S. policy optimism boosted crypto markets. Coinbase (COIN) rallied in premarket, with the CLARITY Act and CFTC meeting in focus.
SoFi's $22 Target Hinges on Cross-Sell Momentum
Piper Sandler's bullish $22 target for SoFi (SOFI) relies on cross-selling gains, but analysts are cautious about margin expansion.
Treasury Buyback Boost Falls Short as 30-Year Yield Nears 5.34%
The 30-year Treasury yield climbed to 5.217% as $739B Q3 supply outweighs the Treasury's doubled buyback cap. Oil and Fed minutes add pressure.
Home Depot's Q2 Beat Masked by Tariff Refund, Margin Pressure Looms
Home Depot's Q2 sales beat expectations, but a $685M tariff refund hid underlying margin pressure. Comparable sales rose 1.7% as traffic declined, and full-year guidance was reaffirmed.