September 24, 2026 8:18 am
Key Moments Focus has shifted from a new large Chinese aircraft order to closing a previously announced 200-jet deal, according to people briefed on the talks. Boeing has been largely excluded from fresh Chinese orders since 2017, while Airbus has expanded in the market. The United States and China have agreed to extend their trade […]
Read moreSeptember 24, 2026 8:11 am
Key Moments H&M stock dropped 2.4% to 162.3 SEK despite a significant operating profit beat and stronger gross margin in the June–August quarter. Sales in local currencies rose only 1% for the quarter, with guidance indicating just a 1% increase for September as well. Higher digital infrastructure costs, a slower inventory reduction plan, and cautious […]
Read moreSeptember 23, 2026 1:55 pm
Key Moments Super Micro Computer (NASDAQ:SMCI) shares rose 1.7% after it began shipping NVIDIA Vera Rubin NVL72 racks integrated with its Data Center Building Block Solutions and direct liquid cooling. Each NVIDIA Vera Rubin NVL72 rack includes 72 NVIDIA Rubin GPUs, 36 NVIDIA Vera CPUs, 18 compute trays, 20.7 TB of HBM4 memory, and up […]
Read moreSeptember 23, 2026 1:19 pm
Key Moments Paychex (NASDAQ:PAYX) shares declined 5.7% in premarket trading after releasing first-quarter results. First-quarter revenue came in at $1.63 billion, up 6% year-over-year and in line with analyst expectations. The company reaffirmed most of its fiscal 2027 outlook while raising guidance for PEO and Insurance Solutions revenue and interest income on client funds. First-Quarter […]
Read moreSeptember 23, 2026 12:59 pm
Key Moments AppLovin (NASDAQ: APP) stock declined 3.5% after Edgewater Research said its market share gains have largely stalled. Edgewater now projects fourth-quarter revenue growth of only 8% to 9% quarter-over-quarter, pointing to a flattening sequential trajectory. Analyst Joe Wittine flagged a functional ceiling for MAX and intensifying competition, particularly from Unity (NYSE: U), as […]
Read moreSeptember 23, 2026 12:56 pm
Key Moments General Mills reported first-quarter sales of $4.39 billion, beating analysts’ estimate of $4.35 billion, while organic sales were flat. Adjusted gross margin declined by 90 basis points to 33.3% of net sales as higher input costs weighed on profitability. The company reaffirmed both its full-year guidance and its fiscal 2027 outlook, including an […]
Read moreSeptember 23, 2026 12:46 pm
Key Moments Verizon is allocating $70 million to a nationwide AI training initiative targeting job seekers, small businesses, and educators. The program will leverage training content from IBM, Google, Anthropic, Microsoft, and OpenAI in partnership with major non-profit organizations such as Goodwill Industries. This initiative builds on Verizon’s prior $20 million AI reskilling program tied […]
Read moreSeptember 23, 2026 12:38 pm
Key Moments McDonald’s plans about $8.5 billion in franchisee-focused support under its “NEXT” strategy through 2036, including roughly $5 billion by 2030. The company projects an estimated 250-basis-point efficiency gain, translating to about $100,000 in additional annual cash flow for the average U.S. restaurant. McDonald’s targets operating margins in the low- to mid-50% range by […]
Read moreSeptember 23, 2026 10:41 am
Key Moments Microsoft stock climbed 0.8% in pre-market trading to $502.01, moving higher despite a largely flat broader market. BNP Paribas reaffirmed a positive stance on Microsoft with a $549 price target, highlighting Azure contract repricing as an underappreciated growth driver. CEO Satya Nadella’s planned attendance at a White House state dinner for Chinese President […]
Read moreSeptember 23, 2026 10:35 am
Key Moments Micron Technology shares declined 0.3% in pre-market trading to $1,092.99 as investors took profits after a roughly 14% advance through September. Short-seller Michael Burry increased bearish positions in Micron and other AI-linked names, citing stretched memory valuations and cyclical risks. Samsung said it is scaling up 4nm foundry capacity for HBM4 base die […]
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