Latest news with #DarlaMercado
CNBC
16-06-2025
- Business
- CNBC
Asia-Pacific markets set to open subdued as Israel-Iran tensions dent investor sentiment
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets were set to open subdued Monday, as the escalating Israel-Iran tensions weigh down investors' sentiment. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with equity markets sliding globally. The attacks continued over the weekend. Futures for Japan's benchmark Nikkei 225 in Chicago were at at 38,170, while their counterpart in Osaka last traded at 38,070, against the index's Friday close of 37,834.25. Futures for Hong Kong's Hang Seng index stood at 23,739, pointing to a weaker open compared to the HSI's last close of 23,892.56. Australia's S&P/ASX 200 is set to open marginally higher, with futures tied to the benchmark at 8,566 compared to its last close of 8,547. — CNBC's Pia Singh and Darla Mercado contributed to this report.
CNBC
22-05-2025
- Business
- CNBC
Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores, Deckers and more
Check out the companies making headlines in extended trading. Ross Stores — Shares pulled back more than 11%. Ross withdrew its earlier full-year guidance . The off-price retailer said that it expects second-quarter earnings to range from $1.40 to $1.55 per share, while analysts polled by LSEG sought $1.65 per share. Ross also said that it expects pressure on its profitability if tariffs remain at elevated levels. AutoDesk — Shares gained more than 2% after the software company issued a higher-than-expected second-quarter outlook. AutoDesk forecast adjusted earnings in the current quarter in the range of $2.44 to $2.48 per share on revenue of $1.72 billion to $1.73 billion. Analysts polled by LSEG were looking for $2.34 cents per share and revenue of $1.70 billion. Intuit — Shares of the tax software company gained about 8% after Intuit forecast a rosy outlook for the full year. The firm forecast adjusted earnings in the range of $20.07 to $20.12 per share, up from its earlier guidance of $19.16 to $19.36 per share. FactSet consensus estimates sought $19.40 per share. Fiscal third-quarter results also topped estimates. Workday — The human resources software company pulled back more than 6% after forecasting subscription revenue in the second quarter of $2.16 billion, which matched the StreetAccount consensus estimate. The company's first-quarter results surpassed analyst estimates on the top and bottom lines. StepStone Group — Shares of the private market investment firm surged 13%. Assets under management surged to $189.4 billion in the fiscal fourth quarter, up from $156.6 billion in the year-ago period. Deckers Outdoor — The maker of Ugg boots saw shares slide 14%. Deckers declined to provide full-year guidance for fiscal 2026, citing "macroeconomic uncertainty related to evolving global trade policies." Fourth-quarter results beat LSEG consensus expectations on the top and bottom lines, however. — CNBC's Darla Mercado contributed reporting
CNBC
05-05-2025
- Business
- CNBC
Stocks making the biggest moves after hours: Palantir Technologies, Ford Motor, Mattel, Clorox and more
Check out the companies making headlines in extended trading. Palantir Technologies — Shares dropped nearly 7% after the defense tech company reported first-quarter earnings that were in line with Wall Street's expectations. Adjusted earnings of 13 cents per share came in-line with the consensus estimate, per LSEG. Palantir reported $884 million in revenue, topping the $863 million forecast by analysts. Vertex Pharmaceuticals — The biotech stock dropped 2% on disappointing quarterly results. Adjusted earnings came in at $4.06 per share, below the $4.32 per share forecast by analysts surveyed by LSEG. Revenue of $2.77 billion also missed analysts' estimates for $2.85 billion. Mattel — Shares of the toymaker declined 2.5% after management paused its 2025 full-year guidance due to tariff uncertainty. Meanwhile, first-quarter results topped analysts' estimates. Neurocrine Biosciences — The maker of neurological drugs jumped 11% postmarket after first-quarter revenue of $572.6 million topped a $559.6 million estimate from analysts surveyed by FactSet. Sales of Ingrezza, used to treat movement disorders, rose 8% year-over-year to $545 million. Lattice Semiconductor — The chip stock fell 3.8% after first-quarter earnings and revenue both were in-line with consensus estimates. Lattice guided toward current quarter revenue between $118.5 million to $128.5 million, while analysts polled by LSEG expected $123.6 million. Adjusted earnings are estimated to range from 22 cents to 26 cents per share, versus the 24 cents per share analysts were looking for. Hims & Hers Health — The telehealth company dropped 1%. Guidance for second-quarter revenue came in lighter than expected, ranging from $530 million to $550 million, while analysts polled by FactSet sought $564.6 million. Earnings and revenue for the first quarter surpassed the Street's expectations, however. Ford Motor — The maker of F-series pickup trucks fell 2.7% after hours on first-quarter results showing earnings ex-items before interest and taxes (EBIT) plunged to $1.02 billion from $2.76 billion a year ago, according to FactSet. Ford estimated the net cost of higher tariffs on EBIT in 2025 at about $1.5 billion and withdrew forward guidance. Clorox – Shares of the cleaning products manufacturer fell 2.8%. Clorox posted adjusted earnings of $1.45 per share on revenue of $1.67 billion in the fiscal third quarter. That fell short of analysts' call for $1.57 per share in earnings and $1.73 billion in revenue, per LSEG. Diamondback Energy – The energy stock advanced nearly 1% after reporting better-than-expected results. Diamondback earned $4.54 per share, ex-items, in the first quarter, topping FactSet consensus estimates for $4.18 per share. Cash capital expenditures of $942 million in the period was less than the $952.8 million forecast by Wall Street. — CNBC's Darla Mercado and Scott Schnipper contributed reporting
