News

US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs.

Deutsche Bank analysts noted three market dislocations that create an environment "ripe for a correction."

Starbucks reported fiscal second-quarter revenue and earnings that missed analysts’ expectations, sending shares lower in extended trading Tuesday.

Super Micro Computer shares plunged in extended trading Tuesday after the company published preliminary quarterly results below its prior forecast.

Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 8.8% year on year to $715.9 million. On the other hand, next quarter’s revenue guidance of $576 million was less impressive, coming in 5.8% below analysts’ estimates. Its non-GAAP profit of $0.60 per share was 11.5% above analysts’ consensus estimates.

Real estate data provider CoStar Group (NASDAQ:CSGP) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 11.5% year on year to $732.2 million. On the other hand, next quarter’s revenue guidance of $772.5 million was less impressive, coming in 1.8% below analysts’ estimates. Its GAAP loss of $0.04 per share was significantly below analysts’ consensus estimates.

Online travel agency Booking Holdings (NASDAQ:BKNG) announced better-than-expected revenue in Q1 CY2025, with sales up 7.9% year on year to $4.76 billion. Its non-GAAP profit of $24.81 per share was 41.2% above analysts’ consensus estimates.