Nucor Corporation's shares are dropping as its second-quarter outlook falls short of expectations, citing lower earnings due to decreased average selling prices and lackluster volumes in steel segments.
Adobe Inc. anticipates a significant stock rise, the largest in nearly four years, driven by a robust sales forecast for AI-enhanced creative products. With its digital media revenue expected to reach $460 million this quarter, Adobe's AI integration is resonating well with users.
RH shares are trading lower in premarket after reporting first-quarter financial results, citing concerns about the housing market and expectations for increased backlog, despite plans for expansion including a Waterworks Showroom in Newport Beach.
Texas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced that the Company's Board of Directors approved a $10.00 per share special dividend. The special dividend will be payable on July 15, 2024
Signet Jewelers reported its first-quarter FY25 earnings, with sales decline of 9.5% year-on-year to $1.510 billion, marginally missing the analyst consensus estimate of $1.514 billion. Adjusted EPS of $1.11 beat the consensus estimate of $0.85.