Shares Advance as Amazon Boosts Nasdaq; Indexes on Observe for Weekly, Month-to-month Positive aspects

Authorities Shutdown Leaves Hundreds of thousands Unpaid. Here is How Banks Are Serving to

1 hr 20 min in the past

Hundreds of thousands of federal staff are going with out pay, however some U.S. banks are providing help to clients affected by the shutdown.

The federal government shutdown is now in its thirty first day, and about 1.4 million federal staff have gone with out a minimum of one paycheck, in line with the Bipartisan Coverage Heart.

Banks akin to Citibank, Capital One, Wells Fargo, and others are encouraging federal staff whose paychecks have been disrupted by the federal government shutdown to name to request help. Impacted staff can contact their financial institution or bank card issuer by calling the quantity on the again of their card.

Learn the complete article right here.

–Elizabeth Guevara

Brilliant Horizons Household Options Inventory Pops on Sturdy Outcomes, Raised Outlook

1 hr 38 min in the past

Shares of Brilliant Horizons Household Options (BFAM) soared 16% Friday, a day after the supplier of early training and baby care providers reported better-than-expected third-quarter outcomes and lifted its 2025 outlook.

The Newton, Mass.-based firm posted adjusted earnings of $1.57 per share on income that elevated 12% year-over-year to $802.8 million. Analysts polled by Seen Alpha had anticipated $1.32 and $780.2 million, respectively.

For the yr, Brilliant Horizons now sees income of about $2.925 billion and adjusted EPS between $4.48 and $4.53. Final quarter, the corporate guided for income of $2.9 billion to $2.92 billion and adjusted EPS of $4.15 to $4.25.

Regardless of immediately’s features, shares of Brilliant Horizons stay barely destructive for the yr.

First Photo voltaic Is High-Performing Inventory in S&P 500 Friday

3 hr 12 min in the past

First Photo voltaic (FSLR) shareholders appreciated what they heard from its chief government about capability growth.

The Tempe, Ariz.-based producer of photo voltaic panels was the highest performer within the S&P 500 Friday afternoon, with shares up 13%.

On a name with analysts following First Photo voltaic’s third-quarter report, CEO Mark Widmar mentioned that “we proceed to advance our home capability growth, notably at our Louisiana facility, the place we initiated manufacturing runs and began plant qualification,” in line with an AlphaSense transcript.

As well as, First Photo voltaic’s Q3 gross sales of $1.595 billion have been a document and narrowly topped Seen Alpha estimates, though revenue of $4.24 per share got here up a bit quick.

“On account of our disciplined method to balancing development, liquidity, and profitability, we have additional strengthened our place by means of the commissioning of our fifth U.S. manufacturing facility, enhancing our liquidity place, and delivering document gross sales,” Widmar mentioned within the press launch with the outcomes.

Together with immediately’s advance, shares of First Photo voltaic are up about 50% this yr.

Reddit’s Inventory Soars Almost 20% After Earnings Blow Previous Expectations

4 hr 1 min in the past

Reddit (RDDT) shares surged Friday after the social media platform posted better-than-expected earnings and an upbeat outlook.

The inventory was up about 18% in latest buying and selling, pushing its year-to-date features near 40%.

Reddit reported third-quarter earnings per share of $0.80, effectively above the consensus of analysts surveyed by Seen Alpha. Its income soared 68% year-over-year to $585 million, additionally exceeding expectations as a measure of its customers jumped.

Reddit’s customers, measured in each day lively uniques, or DAUqs, jumped 19% to 116 million. They have been up 31% to 64.4 million internationally, boosted by power in France, Brazil, and India. U.S. DAUq rose 7% to 51.6 million.

Co-founder and CEO Steve Huffman instructed analysts on the corporate’s earnings name that Reddit is “making actual progress throughout the three essential focus areas we shared final quarter, core product, search and internationalization,” in line with a transcript supplied by AlphaSense. Huffman known as search one in all Reddit’s largest alternatives, noting that throughout the interval greater than 75 million folks used Reddit for looking out the web, and that quantity is rising.

–Invoice McColl

Newell Manufacturers Inventory Dives on Minimize Outlook

4 hr 22 min in the past

Newell Manufacturers (NWL) inventory sank 30% Friday after the Rubbermaid guardian lowered its full-year outlook partially due to tariffs.

After reporting barely worse-than-expected third-quarter outcomes, the maker of Sharpie markers now sees 2025 web gross sales down 4.5% to five% year-over-year, worse than its prior projection of a 2% to three% decline.

Newell Manufacturers additionally sees normalized, or adjusted, earnings per share of $0.56 to $0.60, down from its prior vary of $0.66 to $0.70, and normalized working margin of 8.4% to eight.6%, down from 9% to 9.5%.

The Atlanta-based firm mentioned the revised outlook contains “an incremental money tariff price, in comparison with 2024, of roughly $180 million.”

Newell Manufacturers’ Q3 gross sales fell 7.2% to $1.81 billion, “affected by lowered retail stock ranges, softness in worldwide markets—notably in Brazil—and moderated demand following tariff pushed pricing actions,” it mentioned.

Shares of Newell Manufacturers have misplaced practically two-thirds of their worth this yr.

Netflix Inventory Is Set for a 10-for-1 Break up. What You Want To Know

4 hr 56 min in the past

Netflix mentioned it plans to bear a 10-for-1 inventory break up, in a transfer that would make its inventory extra accessible to a wider vary of buyers.

The break up, which is ready to happen after the closing bell on Friday, Nov. 14, means shareholders will obtain 9 new Netflix (NFLX) shares for each one they owned heading into the break up. Their total stake within the firm gained’t change due to it, however every share will subsequently be value about 10% of its worth earlier than the break up took impact. Buying and selling on the split-adjusted worth is scheduled to start when the market opens on Monday, Nov. 17.

Netflix mentioned the change is supposed to “reset the market worth of the Firm’s frequent inventory to a spread that can be extra accessible to staff who take part within the Firm’s inventory choice program.” That would additionally make it extra enticing to buyers exterior the corporate who might have shied away from the inventory at its latest ranges after a run-up this yr.

Shares of Netflix have been up over 3% round $1,123 in latest buying and selling, bringing their year-to-date features to about 26%, outpacing the broader S&P 500’s roughly 16% over the identical interval.

Learn the complete article right here.

–Invoice McColl

Dexcom Inventory Plummets on CEO Feedback About Income Progress

5 hr 26 min in the past

After the bell Thursday, DexCom (DXCM) CEO Jake Leach made feedback concerning the glucose monitoring gadget maker’s full-year income forecast. Traders did not reply positively Friday morning.

DexCom was the worst-performing inventory within the S&P 500 in early buying and selling, with shares down some 15%.

In its third-quarter report yesterday, DexCom projected 2025 income of $4.63 billion to $4.65 billion, which might characterize roughly 15% year-over-year development. On the later name with analysts, nevertheless, Leach mentioned that “as we take a look at our vary, the top-end of our vary might be barely under the place the Avenue is immediately for our base case,” in line with an AlphaSense transcript. (The consensus Seen Alpha forecast was for $4.63 billion earlier than the report, and now’s $4.64 billion.)

The San Diego-based agency reported Q3 earnings of $0.70 per share on income of $1.21 billion, with each topping analysts’ estimates.

Together with immediately’s sharp declines, shares of DexCom are down 25% this yr.

Apple Inventory Climbs to New Highs as CEO Cook dinner Requires Greatest Vacation Season Ever

6 hr 19 min in the past

Apple is on a record-setting streak.

Shares of Apple (AAPL) opened at a document excessive on Friday after the iPhone maker posted earnings that exceeded analysts’ estimates and CEO Tim Cook dinner gave an upbeat outlook for the vacation season.

Apple reported fiscal fourth-quarter earnings per share of $1.85 on income that rose 8% year-over-year to $102.47 billion. Each figures got here in forward of analysts’ estimates compiled by Seen Alpha, as Apple’s providers income climbed to a document excessive of $28.75 billion.

Progress in Apple’s iPhone gross sales additionally helped drive the better-than-expected outcomes, after the corporate launched its iPhone 17 lineup in September. Gross sales of iPhones rose 6% to $49.03 billion within the fourth quarter, contributing the majority of Apple’s product income.

The determine additionally represented a September quarter income document for the iPhone, with CEO Tim Cook dinner suggesting that would imply a document vacation season forward.

“We anticipate December-quarter income to be the most effective ever for the corporate and the most effective ever for iPhone,” Cook dinner mentioned on the corporate’s earnings name Thursday, anticipating 10% to 12% income development. Analysts have been searching for 6%.

Apple shares have been up about 8% for 2025 by means of Thursday’s shut. This week’s features have boosted Apple’s market capitalization above $4 trillion, making it the world’s second-most-valuable firm behind solely AI chipmaker Nvidia (NVDA).

–Kara Greenberg

Amazon Inventory Pops as Earnings High Estimates, Pushed by AWS Progress

7 hr 14 min in the past

Amazon (AMZN) shares have been hovering in early buying and selling Friday after the e-commerce and cloud large posted third-quarter outcomes that blew previous analysts’ estimates, pushed by development in its cloud enterprise.

The shares have been up over 13% above $252 in early buying and selling, placing them on observe to open at their first all-time excessive since early February.

The net retail and cloud computing supplier reported earnings per share of $1.95, up from $1.43 the identical time a yr in the past, and effectively above the analyst consensus compiled by Seen Alpha. Income rose 13% year-over-year to $180.2 billion, additionally beating expectations as gross sales within the firm’s Amazon Net Providers phase jumped 20% to $33 billion.

“We proceed to see sturdy momentum and development throughout Amazon as AI drives significant enhancements in each nook of our enterprise,” mentioned Amazon CEO Andy Jassy, including that the corporate has notably benefited from “sturdy demand in AI and core infrastructure, and we’ve been centered on accelerating capability.”

Wanting forward, Amazon mentioned it expects fourth-quarter income to return in between $206 billion and $213 billion, in comparison with the analyst estimate of $208.66 billion.

The corporate additionally lifted its projected capital expenditures for the complete yr to $125 billion from about $118 billion beforehand, with CFO Brian Olsavsky telling buyers throughout Thursday’s earnings name he expects it to rise in 2026.

Earlier this week, Amazon introduced what may very well be its largest layoffs within the firm’s historical past, with plans to scale back its headcount by about 14,000 jobs, by means of layoffs and modifications to hiring plans because it and different tech corporations look to trim prices elsewhere as they enhance investments in AI infrastructure.

By means of Thursday’s shut, the shares have been up lower than 2% for 2025, as considerations about tariffs and disappointing cloud development earlier within the yr weighed on sentiment

–Aaron McDade

Inventory Futures Principally Rise After Amazon, Apple Outcomes

8 hr 58 min in the past

Futures tied to the Dow Jones Industrial Common have been down lower than 0.1%.

S&P 500 futures have been up 0.6%.

Nasdaq 100 futures superior 1.2%.