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Assurant Q1 Adjusted Earnings, Revenue Rise

Assurant (AIZ) reported Q1 adjusted earnings Tuesday of $5.95 per diluted share, up from $3.39 a year earlier.Analysts polled by FactSet expected $5.29.Revenue for the three months ended March 31 was $3.42 billion, up from $3.07 billion a year earlier.Analysts surveyed by FactSet expected $3.29 billion.For the full-year 2026, the company now expects adjusted EPS to increase in the low single digits.Price: $237.90, Change: $+8.78, Percent Change: +3.83%

$AIZ

Wire100d ago

Piper Sandler Cuts Shopify Price Target to $150 From $165, Overweight Rating Kept

Shopify (SHOP) has an average rating of overweight and mean price target of $160.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $105.83, Change: $-21.72, Percent Change: -17.03%

$SHOP

Wire100d ago

Piper Sandler Cuts Price Target on Henry Schein to $91 From $99

Henry Schein (HSIC) has an average rating of overweight and mean price target of $90.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $74.05, Change: $+2.03, Percent Change: +2.82%

$HSIC

Wire100d ago

HSBC Raises Caterpillar Price Target to $1,100 From $850

Caterpillar (CAT) has an average rating of overweight and mean price target of $893.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $899.58, Change: $+24.80, Percent Change: +2.83%

$CAT

Wire100d ago

Piper Sandler Lifts Price Target on KKR to $125 From $117

KKR (KKR) has an average rating of buy and mean price target of $124.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $101.18, Change: $-2.15, Percent Change: -2.08%

$KKR

Wire100d ago

Deutsche Bank Cuts Price Target on Northrop Grumman to $691 From $778, Maintains Buy Rating

Northrop Grumman (NOC) has an average rating of overweight and mean price target of $728.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $554.51, Change: $-12.50, Percent Change: -2.20%

$NOC

Wire100d ago

Roblox Shares Fall After Piper Sandler Downgrade

Roblox (RBLX) shares fell 6.8% on Tuesday after Piper Sandler downgraded the stock to neutral from overweight and cut its price target to $50 per share from $100.Trading volume stood at over 9.4 million shares compared with a daily average of nearly 10.9 million.Price: $44.32, Change: $-3.25, Percent Change: -6.83%

$RBLX

Wire100d ago

Update: IPG Photonics Shares Drop After Q1 Adjusted Earnings Fall

(Updates with recent stock movement in headline and first paragraph.)IPG Photonics (IPGP) shares dropped about 30% in afternoon trading on Tuesday after the company posted lower Q1 adjusted earnings.The company reported Q1 adjusted earnings Tuesday of $0.29 per diluted share, down from $0.31 a year earlier.An analyst polled by FactSet expected $0.31.Revenue for the quarter ended March 31 was $265.5 million, compared with $227.8 million a year earlier.An analyst polled by FactSet expected $265.5 million.The company expects Q2 adjusted EPS of $0.25 to $0.55 and $260 million to $290 million in revenue. Analysts polled by FactSet expect $0.44 in adjusted EPS on revenue of $275.7 million.Separately, IPG Photonics said it agreed on a global settlement with TRUMPF Laser- und Systemtechnik to resolve and close their patent dispute. No other details were disclosed.Price: $86.18, Change: $-36.16, Percent Change: -29.56%

$IPGP

Wire100d ago

Market Chatter: Honda Motor Halts Canadian EV Plant Plans Amid Weak US Demand

Honda Motor (HMC) is pausing its plans to construct an electric vehicle manufacturing facility in Canada amid weak US demand, Nikkei Asia reported Tuesday, citing sources.The automaker, which initially intended to invest 15 billion Canadian dollars ($11 billion) in the site and a battery factory, has suspended the project indefinitely and initiated discussions with the Canadian government, the news outlet reported.Honda will also cease production of its Prologue electric vehicle, developed alongside General Motors (GM), in H2, leaving its US portfolio temporarily without any electric models, according to the report.The company plans to reduce its 7 trillion-yen ($44.34 billion) global electrification investment goal for 2030 and repurpose its Ohio manufacturing operations, including a battery joint venture with LG Energy Solution, to focus on hybrid and gasoline vehicles, Nikkei Asia noted.Honda did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $24.18, Change: $+0.32, Percent Change: +1.34%

$GM$HMC

Wire100d ago

Piper Sandler Lifts DigitalOcean Price Target to $155 From $98, Neutral Rating Kept

DigitalOcean Holdings (DOCN) has an average rating of overweight and mean price target of $89.92, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $148.55, Change: $+39.74, Percent Change: +36.52%

$DOCN

Wire100d ago

Jefferies Adjusts Price Target on Henry Schein to $80 From $89, Maintains Hold Rating

$HSIC

Wire100d ago

Benchmark Cuts Coinbase Global Price Target to $260 From $267

Coinbase Global (COIN) has an average rating of overweight and mean price target of $239.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $196.62, Change: $-6.37, Percent Change: -3.14%

$COIN

Wire100d ago

Truist Securities Raises Diamondback Energy Price Target to $242 From $222

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $225.13, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $208.21, Change: $-5.48, Percent Change: -2.56%

$FANG

Wire100d ago

Wedbush Adjusts Price Target on Edgewise Therapeutics to $46 From $32, Maintains Outperform Rating

Edgewise Therapeutics (EWTX) has an average rating of buy and mean price target of $41.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $37.62, Change: $+6.17, Percent Change: +19.62%

$EWTX

Wire100d ago

Update: DigitalOcean Shares Jump After Q1 Tops Estimates, 2026 Guidance Raised

(Updates with the latest stock movement in the first paragraph and headline.)DigitalOcean (DOCN) shares were up roughly 36% in Tuesday afternoon trading after the company reported Q1 results that exceeded analysts' expectations and raised its 2026 guidance.The company reported Q1 non-GAAP earnings Tuesday of $0.44 per diluted share, down from $0.56 a year earlier.Analysts polled by FactSet expected $0.27.Revenue for the quarter ended March 31 was $257.9 million, compared with $210.7 million a year earlier.Analysts polled by FactSet expected $249.8 million.The company expects Q2 non-GAAP EPS of $0.20 to $0.23. Analysts polled by FactSet expect $0.24. Revenue for the quarter is projected to be $272 million to $274 million. Analysts polled by FactSet expect $260.9 million.For 2026, DigitalOcean now expects non-GAAP EPS of $1.10 to $1.20, from $0.75 to $1 previously. Analysts polled by FactSet expect $1.03.The company also raised 2026 revenue outlook to between $1.13 billion and $1.15 billion, from $1.08 billion to $1.11 billion previously. Analysts polled by FactSet expect $1.10 billion.Price: $147.46, Change: $+38.65, Percent Change: +35.52%

$DOCN

Wire100d ago

Top Midday Decliners

GeneDx (WGS) sank 50% amid heavy trading after the company reported late Monday a swing to Q1 adjusted loss and lowered its 2026 revenue outlook.More than 8.1 million shares of the company traded intraday compared with a daily average of about 753,000.BellRing (BRBR) reported fiscal Q2 adjusted earnings and sales below market expectations and lowered its full-year 2026 net revenue guidance on Tuesday.Shares slipped 41% following a surge in intraday trading volume to over 16 million from a daily average of about 3.6 million.Huntington Ingalls Industries (HII) shares fell 12% in Tuesday trading after reporting flat Q1 earnings per share.Over 798,000 shares traded intraday versus a daily average of roughly 487,000.Price: $34.22, Change: $-33.71, Percent Change: -49.63%

$BRBR$HII$WGS

Wire100d ago

Market Chatter: Apple to Let Users Choose Third-Party AI Models With iOS 27

Apple (AAPL) will let users select from multiple third-party artificial intelligence models for tasks across its iOS 27 software, Bloomberg reported Tuesday, citing people with knowledge of the matter.Users will be able to select rival AI models for tasks like generating and editing text and images when the change becomes available for iOS 27, iPadOS 27 and macOS 27, slated for this fall, the report said, citing the people.Apple didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $283.22, Change: $+6.34, Percent Change: +2.29%

$AAPL

Wire100d ago

Apple to Let Users Choose Third-Party AI Models Across iOS 27, Bloomberg Reports

Apple (AAPL)Price: $282.87, Change: $+6.00, Percent Change: +2.17%

$AAPL

Wire100d ago

ServiceNow Expands Strategic Agreements Across Multiple Partnerships

ServiceNow (NOW) said Tuesday it is significantly expanding its partnership with Nvidia (NVDA) to extend agentic artificial intelligence governance from desktops to data centers.This includes the introduction of Project Arc, a new enterprise autonomous desktop agent secured by the Nvidia OpenShell runtime, that will autonomously complete complex work for employees, according to the company.Also, ServiceNow entered an expanded multi-year strategic agreement with Lenovo to allow enterprises to cut costs, increase productivity, improve governance through AI-native workflow automation, according to a statement.ServiceNow and FedEx (FDX) are also expanding their collaboration by embedding trusted logistics intelligence from FedEx Dataworks directly into existing ServiceNow Source-to-Pay journeys, as well as building net-new supply chain management workflows, the company added.Additionally, ServiceNow announced an expansion of its strategic partnership with Microsoft (MSFT) for a deepened product integration between ServiceNow AI Control Tower and Microsoft Agent 365.Price: $91.54, Change: $-0.43, Percent Change: -0.47%

$FDX$MSFT$NOW$NVDA

Wire100d ago

Top Midday Gainers

Sterling Infrastructure (STRL) climbed 47% amid heavy trading after the company overnight reported a stronger-than-expected surge in Q1 earnings and sales while guiding sales above market expectations.More than 1.55 million shares of the company traded intraday compared with a daily average of about 510,000.DigitalOcean (DOCN) reported Q1 non-GAAP earnings and sales Tuesday above market expectations. The company also raised its full-year 2026 non-GAAP earnings per share and revenue forecast range, beating expectations.Shares soared 37%, with intraday trading volume of over 9.90 million from a daily average of about 4.34 million.Backblaze (BLZE) reported late Monday a swing to Q1 non-GAAP net income per share amid a jump in sales from a year ago.Shares catapulted 63%, with intraday trading volume at over 31.9 million from a daily average of roughly 824,000.Price: $793.45, Change: $+263.96, Percent Change: +49.85%

$BLZE$DOCN$STRL

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