CarMax reported a decline in revenue and earnings after unit vehicle sales and comparable store sales fell. Accenture hiked its dividend and continued its stock repurchase activity. Starbucks faces strike at some stores.
ThyssenKrupp is preparing to list its hydrogen unit on a stock exchange. GSK settled a lawsuit related to Zantac. Siemens Energy withdrew its annual outlook.
Spirit AeroSystems halted production at one of its plants after workers voted to strike. Darden Restaurants reported better-than-expected sales driven by a rebound in sales at its chain of steakhouse.
Cava Group soared on the first day of trading. Lennar lifted its annual outlook. John Wiley & Sons announced a restructuring plan after quarterly sales dropped.
Toyota shareholders reelected chairman Akio Toyoda and endorsed a new electric vehicle strategy. The European Commission sought a break up of Google's ad tech business in Europe. UnitedHealth signaled elevated non-emergency surgeries.
GameStop was in focus after chairman Ryan Cohen added more stake in the company. Oracle Corp reported better-than-expected sales and earnings. Energy complex stocks advanced after crude oil rebounded.
Illumina forced outs its chief executive under pressure from activist investor Carl Icahn. JP Morgan announced a settlement in one of the cases linked to sexual predator Jeffrey Epstein. Nasdaq agreed to acquire financial software developer.
GameStop said fiscal first quarter revenue fell and loss shrank and announced the departure of its chief executive. Signet Jewelers cited macroeconomic headwinds for quarterly sales weakness. HashiCorp said its fiscal first quarter loss shrank.
Dave & Buster's reported record quarterly revenue but comparable store sales declined in the fiscal first quarter. Tesla said some of its new models are eligible for tax credit. Stitch Fix plans to exit from its UK business.
Thor Industries reported a sharp decline in sales and estimated market weakness to persist in the remainder of the year. GitLab sales and quarterly losses soared. Coinbase to face SEC lawsuit. Mobileye announced a secondary offering.
Apple Inc traded at a new intraday record high ahead of new product announcements later today. Amedisys received a competing buyout offer. UBS said it is nearing the completion of the takeover of Credit Suisse.
Lululemon Athletica reported strong quarterly revenues on the back of sustained growth in the domestic market and rapid international expansion. MongoDB raised its second quarter and full-year sales outlook.
Macy's lowered its annual sales outlook. Dollar General lowered its comparable sales estimate citing macroeconomic headwinds. Chewy reported better-than-expected sales.
Advance Auto Parts lowered its full-year earnings outlook and slashed its capital expenditures. Hewlett Packard Enterprise estimated weak fiscal third quarter sales outlook. HP Inc said quarterly sales plunged from a year ago. American Airlines lifted its earnings outlook.
