Shares of Palantir (PLTR) are surging after the company secured a new contract with the US Army to develop AI-powered "deep sensing" capabilities for enhanced intelligence gathering. EVgo's (EVGO) stock has hit a two-month high after reporting better-than-expected earnings results. The company's ability to outperform on both the top and bottom lines has fueled investor confidence, despite uncertainty in the EV market. Brown-Forman (BF-A, BF-B) stock witnessed a decline after reporting mixed third-quarter results. While the company managed to beat profit estimates, it fell short of analysts' sales expectations. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Shares of Palantir (PLTR) are surging after the company secured a new contract with the US Army to develop AI-powered "deep sensing" capabilities for enhanced intelligence gathering.
EVgo's (EVGO) stock has hit a two-month high after reporting better-than-expected earnings results. The company's ability to outperform on both the top and bottom lines has fueled investor confidence, despite uncertainty in the EV market.
Brown-Forman (BF-A, BF-B) stock witnessed a decline after reporting mixed third-quarter results. While the company managed to beat profit estimates, it fell short of analysts' sales expectations.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Reuters
Egypt's move to devalue the pound was met with frustration online and on the streets, with Egyptians complaining about everything from the cost of diapers to the price of chicken after years of struggling with low wages to afford them. President Abdel Fattah al-Sisi let the Egyptian pound plunge in value in a bid to restore economic stability to the most populous Arab state with the help of billions of dollars of Gulf investment inflows. However some Egyptians wonder whether such high-profile moves will provide relief for them after years of hardships.
Reuters
(Reuters) -Abercrombie & Fitch Co on Wednesday forecast full-year revenue growth above Wall Street estimates, as it bets on strong full-price demand for its apparel brands on the back of a robust holiday shopping season and a strong start to spring in the United States. Apparel retailers such as Abercrombie and Lululemon Athletica have benefited from efforts to trim inventories and introduce fresh styles on their racks during the holiday season. Abercrombie said it ramped up marketing and invested in digital and in-store experiences to appeal to customers in the reported quarter – moves it expects to stick to for the rest of the year.
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