Microsoft is a leading global technology company known for its software products, services, and hardware devices. The company is best recognized for its Windows operating systems and the Microsoft Office suite, which facilitates productivity and collaboration for users worldwide. In addition to software, Microsoft also offers cloud computing services through its Azure platform, enabling businesses to leverage scalable and flexible computing resources. The company is actively involved in various sectors, including gaming with its Xbox platform, artificial intelligence, and cybersecurity, continually innovating and expanding its product offerings to meet the diverse needs of consumers and enterprises. Read More
Shares of household products company Kimberly-Clark (NYSE:KMB)
jumped 4.8% in the afternoon session after the company reported mixed second-quarter results that featured the strongest sales volume growth in five years and an earnings-per-share figure that surpassed analyst expectations. Investors looked past a headline revenue figure that missed expectations, which the company attributed to recent business divestitures. Instead, market participants focused on a 3.9% rise in organic sales, a key metric that shows the health of the core business. This growth was fueled by the strongest increase in sales volume in five years, suggesting robust consumer demand. Furthermore, the company's adjusted earnings per share of $1.92 comfortably surpassed analyst forecasts. The strong underlying performance and profit beat signaled that the company's strategic plans found success.
Shares of higher education company Perdoceo Education (NASDAQ:PRDO)
jumped 3.2% in the afternoon session after the company reported strong second-quarter results that surpassed analyst expectations for both earnings and revenue. The education provider posted revenue of $209.6 million, a 25.7% increase from the previous year, driven by a 17.4% rise in total student enrollments. The company's adjusted earnings per share landed at $0.67 and surpassed the consensus estimate of $0.60. In a show of confidence, management boosted shareholder returns. The board authorized a new $75 million share buyback program and approved a 15.4% increase in the quarterly dividend. The company also provided an optimistic full-year forecast, which further bolstered investor sentiment.
Shares of manufacturing company Leggett & Platt (NYSE:LEG)
fell 12% in the morning session after the company reported second-quarter results that showed a drop in sales and a weak forecast, with a broader market downturn adding to the negative sentiment. The furniture and bedding component maker's sales decreased by 6% from the prior year. While adjusted earnings per share ticked up slightly, the figure missed some analyst estimates. The company's outlook also concerned investors, as it expected a mid-teens volume decline in its Bedding Products segment. Leggett & Platt did maintain its full-year guidance, but that forecast still projected an annual sales drop. The negative report landed amidst a wider market sell-off, which was triggered by a weak U.S. jobs report and the announcement of new tariffs.
Shares of medical technology company iRhythm Technologies (NASDAQ:IRTC)
jumped 18% in the morning session after the company reported strong second-quarter earnings that surpassed analyst expectations and raised its full-year revenue forecast.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 22.1% in the morning session after the company posted record-breaking second-quarter revenue and provided a strong forecast for the upcoming quarter. The social media platform's revenue jumped 78% year-over-year to $500 million, soundly beating Wall Street's expectations. Earnings per share landed at $0.45, more than doubling the forecasted amount. The company's user base also expanded, with daily active users growing 21% to 110.4 million. This performance was fueled by an 84% surge in advertising revenue and growth from data licensing deals. Looking ahead, Reddit projected third-quarter revenue well above consensus estimates, prompting analysts at Morgan Stanley to raise their price target on the stock.
Shares of real estate technology company eXp World (NASDAQ:EXPI)
fell 15.4% in the morning session after the company reported disappointing second-quarter financial results, including a significant earnings miss and a net loss.
Shares of semiconductor manufacturer Magnachip Semiconductor (NYSE:MX) fell 24.6% in the morning session after the company issued a weak financial outlook for the third quarter and lowered its full-year revenue forecast.
Shares of online payroll and human resource software provider Asure (NASDAQ:ASUR)
fell 14.1% in the morning session after the company reported second-quarter financial results that fell short of Wall Street's expectations for both revenue and profit. The payroll and HR software provider announced revenue of $30.1 million and a loss of $0.22 per share, both of which missed analyst estimates. The company’s adjusted EBITDA and its guidance for third-quarter adjusted EBITDA also came in below projections. Further clouding the outlook, bookings for the quarter declined 53% compared to the prior year. While Asure did raise its full-year revenue forecast, this positive note was overshadowed by the immediate shortfalls and a weaker profit outlook. The report landed amid broader market turmoil, as new global tariffs and a poor jobs report soured investor sentiment toward technology stocks.
Shares of professional consulting firm ICF International (NASDAQ:ICFI) jumped 9.1% in the afternoon session after it reported second-quarter results that showed stronger-than-expected profits, fueled by significant growth in its commercial energy business. Investors looked past a slight revenue miss, focusing instead on earnings per share of $1.66, which beat analyst forecasts. The company's commercial energy division delivered a remarkable 27% year-over-year revenue increase, offsetting challenges in the federal government sector. A strong book-to-bill ratio of 1.30 pointed to a healthy pipeline of future work. Management also reaffirmed its full-year guidance and signaled a return to growth in 2026, which further boosted investor sentiment.
It's a rough start to the new month for Wall Street, as major U.S. stock indices plunged by midday Friday, setting the stage for a negative weekly close.
AI chip stocks down as Trump announces tariffs on China and Taiwan. Big tech giants investing billions in AI infrastructure, fueling next industrial revolution.
Exxon Mobil’s second-quarter revenue of $81.506 billion and adjusted earnings per share of $1.64 surpassed the analysts’ consensus estimate of $80.3 billion and $1.55, respectively.
PLEASANTON, CA - August 1, 2025 ( NEWMEDIAWIRE ) - Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industries - today announced a major milestone: its wholly owned subsidiary, QuantumNexis, has launched its AI-powered Hospital Information Management System (HIMS), Ezovion , on the Microsoft Azure Marketplace . This strategic move enhances Ezovion’s accessibility to global healthcare providers and positions HCTI for expanded commercial growth through a trusted, enterprise-grade cloud platform.
All three major US indices ended Thursday lower, as gains in Microsoft and Meta shares failed to lift the broader market amid renewed trade uncertainty and growing economic concerns.
