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Why Is Western Digital (WDC) Stock Rocketing Higher Today
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 6.7% in the afternoon session after the Federal Reserve cut its key interest rate, boosting investor confidence across the market.
The Toro Company, Custom Truck One Source, U-Haul, Kadant, and TopBuild Shares Skyrocket, What You Need To Know
A number of stocks jumped in the afternoon session after the Federal Reserve lowered its benchmark interest rate by a quarter-percentage point, signaling a more accommodative monetary policy.
Why Micron (MU) Stock Is Trading Up Today
Shares of memory chips maker Micron (NYSE:MU) jumped 4.1% in the afternoon session after the Federal Reserve cut its key interest rate, boosting investor confidence across the market.
Nike (NKE) Stock Is Up, What You Need To Know
Shares of athletic apparel brand Nike (NYSE:NKE) jumped 4% in the afternoon session after the Federal Reserve cut interest rates by 25 basis points, signaling a potential boost for consumer spending.
Why Wabtec (WAB) Stock Is Up Today
Shares of rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) jumped 3.1% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
Shopify (SHOP) Stock Trades Up, Here Is Why
Shares of e-commerce platform Shopify (NYSE:SHOP) jumped 5% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
Nordson (NASDAQ:NDSN) Misses Q3 CY2025 Sales Expectations
Manufacturing company Nordson (NASDAQ:NDSN) fell short of the markets revenue expectations in Q3 CY2025, with sales flat year on year at $751.8 million. Next quarter’s revenue guidance of $650 million underwhelmed, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $3.03 per share was 3.4% above analysts’ consensus estimates.
Amtech (NASDAQ:ASYS) Delivers Impressive Q3, Stock Soars
Semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) reported Q3 CY2025 results topping the market’s revenue expectations, but sales fell by 17.7% year on year to $19.84 million. On the other hand, next quarter’s revenue guidance of $19 million was less impressive, coming in 2.6% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.
Planet Labs (NYSE:PL) Reports Strong Q3 CY2025, Stock Jumps 17.2%
Earth imaging satellite company Planet Labs (NYSE:PL) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 32.6% year on year to $81.25 million. On top of that, next quarter’s revenue guidance ($78 million at the midpoint) was surprisingly good and 6.3% above what analysts were expecting. Its non-GAAP loss of $0 per share was significantly above analysts’ consensus estimates.
Oxford Industries’s (NYSE:OXM) Q3 CY2025 Sales Top Estimates But Stock Drops 19.7%
Fashion conglomerate Oxford Industries (NYSE:OXM) reported Q3 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $307.3 million. On the other hand, next quarter’s revenue guidance of $375 million was less impressive, coming in 4.4% below analysts’ estimates. Its non-GAAP loss of $0.92 per share was 2.4% above analysts’ consensus estimates.