The industrial battery maker reported adjusted EPS of $3.19 and revenue growth of 1.4% year-over-year. EnerSys posted fourth-quarter non-GAAP earnings per share of $3.19, exceeding estimates by $0.20, as revenue reached $988 million. The top line grew 1.4% year-over-year a
The US sold $16 billion in 20-year bonds at a high yield of 5.122%, reflecting investor demand amid shifting rate expectations. The US Treasury auctioned $16 billion of 20-year bonds at a high yield of 5.122%, according to the release. The sale occurred as markets awaited
Major indices rise as semiconductor and airline stocks lead gains, while energy shares decline on lower oil prices. US equities surged with the Russell 2000 up 2.56%, outpacing the NASDAQ’s 1.54% and S&P 500’s 1.08% gains. The Dow Jones Industrial Average climbed 1.31%, dr
20/20 Biolabs reports Q1 GAAP EPS of -$0.28 and revenue of $0.35M, both below expectations. 20/20 Biolabs, Inc. (AIDX) reported a Q1 GAAP loss per share of $0.28, missing estimates by $0.18. Revenue declined 36.4% year-over-year to $0.35 million, falling short of expectati
The tax software firm will cut over 3,000 jobs and incur $300M-$340M in charges as growth decelerates. Intuit will reduce its full-time workforce by approximately 17%, affecting over 3,000 employees based on its last reported headcount of 18,200. The move will result in re
The cosmetics retailer will reverse some tariff-driven price hikes after sales volumes fell sharply amid rising consumer costs. E.l.f. Beauty will roll back select price increases implemented last year after demand weakened, particularly in recent months as inflation squee
The pair surged on broad USD selling but stalled at technical resistance levels, with sellers emerging near 1.3463. GBPUSD climbed sharply today as the USD faced broad-based selling pressure amid Middle East peace hopes, lower oil prices, declining Treasury yields, and str
Proposal aims to provide direct access to Fed payment services for eligible institutions, including non-federally insured firms, to enhance efficiency. The Federal Reserve Board has proposed establishing a 'payment account' for legally eligible financial institutions to st
Sanctions include six Ethereum addresses tied to cartel members converting drug proceeds into cryptocurrency. The US Treasury sanctioned individuals and entities linked to the Sinaloa Cartel for crypto-fueled fentanyl trafficking. Six Ethereum addresses, five tied to netwo
EQRR climbs to new peaks as investors bet on sustained higher interest rates amid a bond market downturn. The ProShares Equities for Rising Rates ETF (EQRR) reached another all-time high, reflecting investor positioning for prolonged elevated interest rates. The fund, whic
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