Latest Stories
United Rentals (URI) Stock Is Up, What You Need To Know
Shares of equipment rental company United Rentals (NYSE:URI) jumped 1.9% in the morning session after the company announced it acquired the Australian rental company Alfasi Hire.
Why CVS Health (CVS) Stock Is Up Today
Shares of diversified healthcare company CVS Health (NYSE:CVS) jumped 3.2% in the morning session after the company raised its financial guidance for 2025 and provided a strong forecast for 2026 at its Investor Day event.
Why Beyond Meat (BYND) Stock Is Trading Up Today
Shares of plant-based protein company Beyond Meat (NASDAQ:BYND) jumped 4% in the morning session after a partial recovery followed a significant sell-off in previous trading sessions.
Why Caleres (CAL) Stock Is Nosediving
Shares of footwear company Caleres (NYSE:CAL) fell 10.4% in the morning session after It reported disappointing third-quarter results and issued a full-year profit forecast that was significantly below expectations.
Why Advance Auto Parts (AAP) Shares Are Trading Lower Today
Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) fell 6.1% in the morning session after competitor AutoZone reported first-quarter results that signaled potential weakness across the auto parts retail sector. While AutoZone's net sales grew, its gross margin compressed to 51.0%, and its diluted earnings per share (EPS) declined to $31.04. The drop in profitability for a major industry player raised concerns among investors about sector-wide challenges. This kind of pressure on margins and earnings at a key competitor often suggests that other companies in the same market, like Advance Auto Parts, could face similar headwinds.
Sweetgreen (SG) Stock Is Up, What You Need To Know
Shares of casual salad chain Sweetgreen (NYSE:SG) jumped 3.9% in the morning session after RBC Capital raised its price target on the stock, and the company launched a new value-focused promotional meal. The investment bank increased its price target to $8 from $7 while keeping an Outperform rating on the shares. This analyst action coincided with the company's introduction of the 'Tis the Seasoned Harvest Bowl with Blackened Chicken. The meal was offered nationwide for a limited time at a price of $10 for members of its loyalty program. This was seen as one of the chain's strongest value plays yet to attract customers.
Why SoundHound AI (SOUN) Stock Is Down Today
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) fell 0.9% in the morning session after the stock extended its year-to-date losses amid signs of growing investor skepticism. The move contributed to a difficult year for the voice AI company, with reports highlighting that shares had already dropped around 36% since the start of the year. This performance trailed its industry peers and the broader market. The decline occurred as the company, once popular with retail traders, faced increasing doubt from investors. SoundHound's drop was more significant than the slight dip seen in the wider tech sector during the session.
Why AutoZone (AZO) Shares Are Getting Obliterated Today
Shares of auto parts and accessories retailer AutoZone (NYSE:AZO) fell 6.3% in the morning session after it reported fourth-quarter earnings and sales that fell short of Wall Street expectations. The company's earnings per share came in at $31.04, missing analyst forecasts of $32.40. While net sales grew 8.2% year-over-year to $4.63 billion, the figure was slightly below estimates of $4.65 billion. Furthermore, same-store sales, a key performance indicator for retailers, rose 4.7% year-on-year. The company's profitability also weakened, with its gross margin declining by 2 percentage points and its operating margin falling to 16.9% from 19.7% in the same quarter last year, contributing to lower-than-expected profits.
Why Veeva Systems (VEEV) Shares Are Sliding Today
Shares of life sciences cloud software provider Veeva Systems (NYSE:VEEV) fell 3% in the morning session after a lack of positive news catalysts allowed technical trading patterns to dominate, continuing its recent underperformance. According to technical analysis, the stock's recent price behavior had been difficult. Its technical rating was poor, with negative trends observed in both the short and long term. The stock also underperformed the wider S&P 500 index over recent months. This downward move was followed by a consolidation period, a pattern that some traders viewed as a potential signal for further declines.
Envista (NVST) Stock Trades Up, Here Is Why
Shares of dental products company Envista Holdings (NYSE:NVST) jumped 3.2% in the morning session after Barclays initiated coverage on the stock with an 'Overweight' rating and a $24 price target. The new rating from the financial firm suggested a positive outlook on the company's future performance. An 'Overweight' rating typically means the analyst believes the stock will do better than the average return of other stocks in its sector. The assigned $24 price target also indicated potential for the stock to rise from its previous trading level. This type of new coverage from a major firm can boost investor confidence and often leads to increased interest in a stock.