US Stock Market Move | Tianrui Company (TDC.US) plummeted over 20% as Q3 earnings guidance fell short of expectations.
On Wednesday, Tianrui Company (TDC.US) dropped over 20%, closing at $27.25.
On Wednesday, Teradata Corporation (TDC.US) plummeted over 20%, closing at $27.25. In terms of news, Teradata announced its second-quarter fiscal year 2026 performance, reporting revenue of $410 million, surpassing analysts' expectations of $396.1 million, and remaining flat year-on-year. The adjusted earnings per share were $0.69, exceeding analysts' expectations by 23.1%. Adjusted operating income was $88 million, significantly above expectations. However, the company's guidance for third-quarter revenue has a midpoint of $395.2 million, lower than analysts' expectation of $403.6 million. Although it raised its full-year adjusted EPS guidance to $2.69, the market still expresses concerns about future growth prospects.
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US Stock Market Move | Advanced Micro Devices, Inc. (AMD.US) fell over 7% as its Q3 revenue guidance fell short of expectations.
The first batch of over $100 billion in stocks will be unlocked on Thursday. SpaceX (SPCX.US) faces the first test of its nine-phase lock-up period arrangement, with the market on alert for selling pressure and extreme fluctuations.
BIOSINO BIO-TEC (08247) plans to acquire a 70.3% stake in Shanghai Jiangcu for approximately 164 million yuan.
US Stock Market Move | Advanced Micro Devices, Inc. (AMD.US) fell over 7% as its Q3 revenue guidance fell short of expectations.
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