Financial
Asana Shares Plunge 14% After Q2 Earnings Miss and Margin Contraction
SAN FRANCISCO (AP) — Shares of Asana Inc. tumbled 14% in afternoon trading Thursday after the project management software company reported second-quarter results that fell short of market expectations...
Financial Firms Promote Three-ETF Strategy for High-Balance Retirement Portfolios
NEW YORK — A new investment strategy targeting retirees with portfolios exceeding $1 million has been promoted by financial analysts, centering on a three-fund exchange-traded fund (ETF) portfolio des...
Meridian Funds Highlights Chevron as Key Holding in Second-Quarter Investor Letter
NEW YORK — Meridian Funds disclosed on Tuesday that Chevron Corporation remains a cornerstone holding within its Hedged Equity Fund, citing the energy giant's operational resilience and strategic posi...
WestEnd Capital Passes on SpaceX IPO Despite Strong Q2 Performance
NEW YORK — WestEnd Capital Management disclosed in its second-quarter investor letter that it declined to participate in the initial public offering of SpaceX, citing a strategic preference for establ...
Adobe Shares Drop 7% as Company Names Internal CEO Successor Ahead of Earnings
SAN FRANCISCO — Adobe Inc. shares fell 7% on Thursday after the software giant announced it had named an internal executive to succeed its current chief executive officer, a move that triggered immedi...
KNOT Offshore Partners Reports Strong Q2 2026 Results, Announces Fleet Expansion
HOUSTON (AP) — KNOT Offshore Partners LP reported second-quarter 2026 financial results on Thursday, revealing revenue of $96.8 million and adjusted EBITDA of $57.6 million as the company executed a s...
Meridian Funds Highlights Chevron as Top Holding in Q2 2026 Investor Letter
NEW YORK — Meridian Funds disclosed on Tuesday that Chevron Corporation remains a cornerstone holding in its Hedged Equity Fund portfolio, citing the energy giant's operational resilience amid a volat...
Ballard Power Systems Acquires GeoPura for £275 Million in Push for End-to-End Hydrogen Solution
VANCOUVER -- Ballard Power Systems Inc. completed its acquisition of GeoPura Limited on Thursday, finalizing a deal valued at £275 million ($348 million) in cash, shares, and restricted share units. T...
Algonquin Power Agrees to Sell Chilean Water Utility Stake to Toesca Fund
TORONTO/CHILE — Algonquin Power & Utilities Corp. has agreed to sell its approximately 64% interest in the Chilean water utility Suralis S.A. to a fund managed by Toesca S.A. Administradora General de...
U.S. Treasury Sanctions Turkish Bank Over Alleged Iran Financial Links
WASHINGTON — The U.S. Department of the Treasury announced on Thursday that it has imposed sanctions on Golden Global Bank and two of its subsidiaries based in Türkiye, citing allegations that the fin...
Oslo OBX Index Closes Lower as Media and Transport Sectors Drag Performance
OSLO (AP) — Norway's stock market ended a session of modest declines on Thursday, with the benchmark Oslo OBX index falling 0.29% as losses in the media, transport, and diversified financial sectors w...
Bitmine Shares Fall Sharply as Profit-Taking Outweighs MicroStrategy's Resilience
NEW YORK — Shares of Bitmine Immersion Technologies (BMNR) dropped 6% on Thursday, significantly outpacing the modest 1% decline in MicroStrategy (MSTR), as investors reacted differently to a downturn...
StubHub Holdings Executive Sells $1.1 Million in Shares Amid Sharp Stock Decline
NEW YORK — Mark Streams, an officer at StubHub Holdings, sold approximately 167,000 shares of the company's Class A Common Stock on Thursday, realizing roughly $1.1 million in proceeds following a pre...
Zacks Equity Research Identifies AerCap as Superior Value Option Over Westinghouse Air Brake
NEW YORK, Sept. 4 (AP) — Zacks Equity Research has identified AerCap Holdings N.V. (AER) as the superior investment choice for value-oriented investors when compared with Westinghouse Air Brake Techno...
Market Analysis Highlights Arlo Technologies Amid Rogers Caution for Investors
NEW YORK — A comprehensive review of the U.S. business services sector has identified divergent investment paths for major market participants, singling out Arlo Technologies as a primary candidate fo...
Lululemon Shares Slide as Analysts Weigh Cheap Valuation Against Deteriorating Outlook
NEW YORK — Lululemon Athletica Inc. stock tumbled on Thursday following a downward revision of its financial forecast and a dimming business outlook, prompting Wall Street analysts to reassess the lux...
UAE Stock Markets Rally on Strong Non-Oil Sector Growth Data
ABU DHABI — United Arab Emirates stock markets climbed sharply Thursday as new data revealed robust expansion in the nation's non-oil private sector, reinforcing investor confidence in the country's e...
The Trade Desk to Cut 15% of Workforce in Strategic Restructuring
SAN FRANCISCO — The Trade Desk Inc. announced Thursday that it will reduce its global workforce by approximately 15% as part of a strategic plan to reallocate resources toward high-priority growth are...
Options Market Signals Anticipation of Major Union Pacific Stock Movement
NEW YORK — Options traders are positioning for a significant price shift in Union Pacific Corporation shares, driven by elevated implied volatility in contracts expiring September 4, 2026. The surge i...
U.S. Diesel Prices Hit Record $5.85 as Strait of Hormuz Closure Disrupts Global Supply
WASHINGTON — Average diesel prices in the United States surged to a record high of $5.85 per gallon on Friday, driven by severe supply disruptions following the closure of the Strait of Hormuz amid es...
StockStory Analysts Identify Top Industrial Pick Amid Sector Divergence
NEW YORK — StockStory analysts released a new sector assessment on Thursday, September 4, pinpointing one industrials stock as a primary investment candidate while flagging two peers for potential und...
Wells Fargo Lowers Lululemon Price Target Citing Demand Concerns
LONDON (AP) — Wells Fargo has lowered its price target for athletic apparel maker Lululemon Athletica, signaling growing concern over weakening consumer demand in the global market. The downgrade, ann...
Lululemon Shares Plunge on Earnings Miss and Board Turmoil Amid CEO Transition
NEW YORK — Shares of Lululemon Athletica Inc. tumbled Thursday after the athletic apparel retailer reported a significant earnings miss, declining comparable sales, and escalating internal conflict ov...
Oxford Industries Shares Plunge on Sharp Guidance Cut Following Q2 Earnings Miss
GREENVILLE, S.C. (AP) — Oxford Industries Inc. shares tumbled more than 14% in pre-market trading Thursday after the apparel manufacturer slashed its full-year outlook and reported a second-quarter ea...
NEOS Investment Management Boosts Targa Resources Stake by Nearly 44% in Second Quarter
NEW YORK — NEOS Investment Management LLC significantly expanded its position in Targa Resources, Inc. during the second quarter of 2026, increasing its holdings by 43.8 percent to total 177,870 share...
Neste Shares Rise on Goldman Sachs Upgrade Amid Renewable Fuel Outlook
HELSINKI — Neste Corp. shares climbed 2.5% in European trading Thursday after Goldman Sachs upgraded the Finnish renewable fuels producer from Neutral to Buy, citing a strengthening market environment...
Citi Analysts See Buying Opportunity in Gold Price Dip Following Warsh Remarks
NEW YORK — Citigroup analysts identified a buying opportunity for gold investors on Thursday, citing a recent decline in the precious metal's price as a favorable entry point following hawkish comment...
Morgan Stanley Upgrades Accor to Top Pick Amid Long-Term Growth Outlook
PARIS — Morgan Stanley upgraded French hotel giant Accor SA to an 'overweight' rating from 'equal-weight' on Thursday, designating the company as a top pick for investors. The investment bank cited ex...
Oura to List on Nasdaq in September Move Valuing Firm Above $11 Billion
HELSINKI — Oura, the Finnish manufacturer of health-tracking smart rings, announced plans to list its shares on the Nasdaq stock exchange in New York. The company filed for an initial public offering ...
Fidelity Reports Record 769,000 Millionaire 401(k) Accounts in Second Quarter
PROVIDENCE, R.I. (AP) — Fidelity Investments reported a record-breaking surge in millionaire-level retirement accounts during the second quarter of 2026, with the total number of 401(k) plans exceedin...