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Coherent Sends Mixed Signals In Q3

2 years 4 months ago
Coherent (NYSE: COHR), a leader in photonics technology, released its third-quarter earnings for fiscal year 2024 on May 6. The company reported earnings and revenue that exceeded the top end of management's guidance range, except for a disappointing gross margin. Metric Q3 FY2
The Motley Fool

Wheat Bulls Punch Higher on Friday as Chicago Hits 5 Month High

2 years 4 months ago
The wheat complex saw stronger trade on Friday, with assistance from some bull friendly USDA numbers. Chicago contracts were up 18 ¼ to 26 cents across most active contracts. Kansas City futures were up 12 ¾ to 21 ½ cents across the board to round out the week. MPLS spring...
Barchart

Hogs Push Higher on Friday

2 years 4 months ago
Lean hogs saw gains of 20 to 87 cents across most contracts on Friday, with May down 25 cents and sticking close to the index ahead of next week’s expiration. USDA’s National Average Base Hog negotiated price was down 94 cents in the Friday PM report at $88.41. The CME...
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Cotton Heads Lower to Round Out the Week

2 years 4 months ago
The cotton market closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. The Friday afternoon Commitment of Traders report showed spec adding 11,765 contracts to their new net short position as of 5/7 at 13,699 contracts....
Barchart

Live Cattle Turn Around to Close Friday Higher

2 years 4 months ago
Live cattle saw initial weakness on Friday, as contracts closed with gains of 20 to 55 cents. Cash was mixed around this week, with the South seeing action anywhere from $183-185, and the North at $186-187. Feeders were on a mixed note at the close with strength in corn pressuring...
Barchart

Soybeans Hold Gains Despite Less Friendly USDA Numbers

2 years 4 months ago
Bean futures saw Friday action heading higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton. Soy Oil was in rally mode to end the week, with contracts up 104 to 180 points. Weekly data from...
Barchart

Corn Heads Into the Weekend on a High Note

2 years 4 months ago
Corn futures posted gains of 4 ¼ to 13 ¼ cents on the Friday session. Futures closed out the day near the highs, following the release of some bull friendly USDA data. In the Friday afternoon Commitment of Traders report, CFTC data showed spec funds in corn futures and options...
Barchart

Why DoubleVerify Stock Fell Off a Cliff This Week

2 years 4 months ago
One of the tech stocks more deeply in the red over the past few trading days was advertising technology specialist DoubleVerify Holdings (NYSE: DV). That's because it missed the average analyst estimate for profitability, reduced its guidance, and was socked with several price ta
The Motley Fool

Why ZoomInfo Technologies Stock Plunged by 21% This Week

2 years 4 months ago
Stock investors tend to be a picky lot, and one item they're picky about is a company's financial guidance. It's all well and good to post quarterly results that beat estimates. However, since most market participants are -- sensibly -- more concerned about the future than the pa
The Motley Fool

Is Nvidia Stock Going to $1,100? 1 Wall Street Analyst Thinks So.

2 years 4 months ago
The advent of artificial intelligence (AI) has caused a paradigm shift in the direction of technology since early last year, and arguably, no company has benefited more than Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) are the gold standard when it comes
The Motley Fool

Retail Earnings Loom: What to Expect

2 years 4 months ago
Walmart WMT shares held their own in last month’s market weakness, cementing its anchoring and defensive positioning, particularly relative to Target TGT and Home Depot HD.
Zacks

Tsakos Energy (TNP) Laps the Stock Market: Here's Why

2 years 4 months ago
Tsakos Energy (TNP) ended the recent trading session at $28.75, demonstrating a +1.41% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.17% for the day. On the other ha
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