July 16, 2026 11:25 am
Key Moments Cintas shares are up 2.4% in pre-market trading, building on gains since reporting fiscal Q4 2026 results that exceeded forecasts on all major metrics. Management issued fiscal 2027 guidance for revenue of $12.10 billion to $12.25 billion and adjusted EPS of $5.36 to $5.50, both ahead of analyst expectations. BofA Securities upgraded CTAS […]
Read moreJuly 16, 2026 11:17 am
Key Moments Etsy shares are down 3.1% in pre-market trading amid a series of cautious analyst calls. BTIG cut its rating from Buy to Neutral after the stock climbed roughly 55% in 2026 and moved about 10% above its prior $78 target. Insiders, including CEO Josh Silverman and a company director, have sold tens of […]
Read moreJuly 16, 2026 11:09 am
Key Moments Citi projects combined 2027 capital expenditures of $801 billion for Alphabet, Meta Platforms, and Amazon, with all three expected to post negative free cash flow in 2027 and 2028. The bank now forecasts 2027 capex of $308 billion for Alphabet, $205 billion for Meta, and $288 billion for Amazon, following sizable upward revisions. […]
Read moreJuly 16, 2026 9:21 am
Key Moments AtaiBeckley shares climbed as much as 53% in premarket trading on Thursday after reports of takeover talks with Eli Lilly. BMO Capital Markets analyst Evan David Seigerman said a deal would give Eli Lilly differentiated exposure in psychiatry beyond its cardiometabolic focus. The potential transaction could bring Eli Lilly a late-stage neuropsychiatric asset […]
Read moreJuly 15, 2026 1:54 pm
Key Moments Check Point Software Technologies shares fall nearly 5.0% in pre-market trading after a downgrade from Raymond James. Raymond James cites weakening bookings, emerging customer churn, and execution issues tied to personnel changes. The decline follows a roughly 27% six-month slide and disappointing first-quarter 2026 product revenue ahead of Q2 results on July 30. […]
Read moreJuly 15, 2026 1:29 pm
Key Moments BlackRock stock climbed 3.9% in pre-open trading after releasing second-quarter results that exceeded forecasts on all major financial metrics. Assets under management rose to a record $15.34 trillion in Q2 2026, supported by $192 billion in net client inflows. Adjusted EPS reached $13.91 versus a consensus of approximately $12.57, while revenue increased 31% […]
Read moreJuly 15, 2026 1:24 pm
Key Moments Conagra Brands (NYSE:CAG) is falling 4.6% in pre-market trading to $13.50 after issuing fiscal 2027 guidance below analyst expectations. The company forecast full-year adjusted EPS of $1.40-$1.50 and a 1%-3% decline in organic net sales, versus a 0.4% decline in fiscal 2026. The board approved a 50% cut to the quarterly dividend to […]
Read moreJuly 15, 2026 1:15 pm
Key Moments Allstate stock declined 0.9% in pre-market trading after downgrades from UBS and HSBC. UBS and HSBC both cut their ratings but raised price targets to $261 and $264, signaling limited near-term upside. Sector sentiment weakened as Progressive Corp sold off on a deteriorating combined ratio and higher catastrophe losses. Pressure Builds on Allstate […]
Read moreJuly 15, 2026 1:11 pm
Key Moments Allstate stock declined 0.9% in pre-market trading after downgrades from UBS and HSBC. UBS and HSBC both cut their ratings but raised price targets to $261 and $264, signaling limited near-term upside. Sector sentiment weakened as Progressive Corp sold off on a deteriorating combined ratio and higher catastrophe losses. Pressure Builds on Allstate […]
Read moreJuly 15, 2026 1:00 pm
Key Moments Pentair shares fell 18.1% in pre-market trading to $62 after the company issued a sharply weaker preliminary Q2 2026 update. Management now expects Q2 2026 sales of about $930 million and has reduced full-year 2026 adjusted EPS guidance to $4.60–$4.80. CFO Nicholas Brazis left the company on July 10, 2026, and former CFO […]
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