stocktrader

Lockheed Martin Corporation reported weaker-than-expected first-quarter results, with profit declining and cash flow turning negative, even as demand for its weapons systems remains strong amid heightened geopolitical tensions. The defense contractor posted quarterly profit of $1.49 billion for the period ended March 29, down from $1.71 billion a year earlier. Earnings per share came in… Continue reading Lockheed stock slips as profit drops, cash burn overshadows demand boom

The White House has accused Chinese entities of conducting “industrial-scale” theft of intellectual property from American artificial intelligence labs, marking a fresh escalation in tensions between the world’s two largest economies over control of next-generation technology. In a memo seen by the Financial Times, Michael Kratsios, director of the White House Office of Science and… Continue reading White House alleges China stole AI at industrial scale: report

Consumer products behemoth Procter & Gamble Company (PG), is scheduled to unveil its third-quarter fiscal 2026 financial results on April 24, ahead of the market opening, with analysts anticipating year-over-year growth in both sales and earnings. For the fiscal third quarter, the Zacks Consensus Estimate forecasts Procter & Gamble will report revenues of $20.6 billion,… Continue reading P&G earnings preview: sales seen rising despite rich valuation

ServiceNow shares fell sharply after the company flagged geopolitical disruptions and a weaker margin outlook, dampening investor sentiment despite stronger-than-expected revenue and upbeat projections for its artificial intelligence business. The stock dropped more than 14% as the enterprise software firm said the ongoing conflict in the Middle East had delayed key deal closures, weighing on… Continue reading ServiceNow plunges 14% as Middle East conflict hits deals

Wall Street opened weaker on Thursday, as investors paused after a recent rally, weighed down by persistent geopolitical tensions and a mixed batch of corporate earnings. The Dow Jones Industrial Average fell about 253 points, or 0.51%. S&P 500 slipped 0.26%, while Nasdaq 100 also declined 0.33%, after both indexes closed at record highs in… Continue reading Dow Jones falls 253 points as Iran tensions, earnings weigh mood

Hasbro, Inc. reported preliminary first-quarter revenue that exceeded Wall Street expectations, driven by strong demand for its flagship trading-card franchise Magic: The Gathering, even as a cybersecurity incident delayed the release of full results. The company said it expects revenue in the range of $970 million to $985 million for the quarter, ahead of analyst… Continue reading Hasbro stock jumps 7% as preliminary revenue tops estimates