Shares of mediterranean fast-casual restaurant chain CAVA (NYSE:CAVA) jumped 3.9% in the afternoon session after the stock continued its recent positive trend, apparently driven by technical factors and market sentiment rather than specific company news. The move extended a recent run-up in which the stock had gained significantly over the previous two weeks. Reports indicated that positive sentiment was prevailing around the stock. This recent price action also followed a buy signal that was issued from a technical pivot point, suggesting the rally was influenced by trading patterns and momentum.
Shares of luxury furniture retailer RH (NYSE:RH) jumped 4.1% in the afternoon session after the company announced the opening of a new large-scale design gallery in Detroit. The new location, named RH Detroit, The Gallery in Birmingham, was described as a 60,000-square-foot, four-level immersive retail experience. This concept blended retail with hospitality, featuring a Rooftop Restaurant and a landscaped outdoor lounge. Chairman and CEO Gary Friedman noted that the space was part of a quest to elevate the brand through experiences that "cannot be replicated online." The opening was part of RH's broader plan to establish immersive Design Galleries in every major market, a move the company believed would help it reach revenue goals of $5 to $6 billion in North America.
(BPT) - With holiday season in full swing, fire safety experts are urging Americans to "Take C.H.A.R.G.E." of lithium-ion battery safety after data reveals alarming gaps in public awareness and a spike in battery-related incidents at home and while traveling.
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL)
jumped 5.2% in the afternoon session after investors looked past the company's in-line third-quarter revenue to focus on its better-than-expected profits and strong forward guidance. For its third quarter, Marvell reported adjusted earnings of $0.76 per share, beating Wall Street's consensus estimates by 3%. Revenue came in at $2.07 billion, matching expectations and representing a 36.8% increase from the same period last year. Looking ahead, the company provided an optimistic outlook, forecasting fourth-quarter revenue of around $2.2 billion and adjusted earnings per share of $0.79, both of which were ahead of analyst predictions. The positive move came after the stock initially fell following the earnings release, suggesting that investors had digested the report and were now focused on the company's solid profitability and encouraging growth trajectory.
Shares of footwear company Caleres (NYSE:CAL)
jumped 6.3% in the afternoon session after investor optimism grew ahead of its third-quarter earnings report, scheduled for December 9th. Analysts expected the company to announce earnings of $0.75 per share and revenue of $768.59 million for the quarter. The positive sentiment was also supported by a broader market rally. A report showing an unexpected loss in jobs for November fueled hopes that the Federal Reserve would consider cutting interest rates, which generally helps lift stock prices. The stock had already been on an upward trend, having risen in seven of the previous ten trading days.
Shares of speciality vehicle provider REV (NYSE:REVG)
jumped 6.2% in the afternoon session after a report showed a significant decrease in bets against the company's stock, indicating a more bullish sentiment among investors.
Shares of shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) jumped 4.7% in the afternoon session after analyst firm Citizens initiated coverage on the stock with a 'Market Outperform' rating and a $13 price target. The new rating was the first time Citizens had covered the company. The firm noted Pitney Bowes' strong market leadership and shareholder-friendly decisions under new management, such as share repurchases and four straight quarterly dividend increases. Citizens also pointed to several potential growth drivers.
Shares of internet service provider Cogent Communications (NASDAQ:CCOI) fell 3.3% in the afternoon session after company director Lewis H. Ferguson sold a significant portion of his holdings, adding to recent negative sentiment surrounding the company. Ferguson sold 4,000 shares for a total of $81,340, which represented about 17.2% of his stake in that class of stock. Such a sale by an insider often worried investors, as it can suggest a lack of confidence in the company's future. The transaction followed a string of unfavorable news for Cogent. The company recently reported third-quarter results that showed declining revenue. In response, Cogent also slashed its quarterly dividend by approximately 98% to just $0.02 per share. This move led to downgrades from both Wells Fargo and UBS, who cited concerns over the company's performance and growth path.
Shares of community banking company Columbia Financial (NASDAQ:CLBK) jumped 3.8% in the afternoon session after the broader savings and loan industry gained from an improved lending environment supported by a recent rate cut from the Federal Reserve. The central bank's move, along with signals of further easing, was expected to help stabilize funding costs for financial institutions. For banks like Columbia, lower rates can help boost the income they earn from making loans. The positive outlook for the sector came as the company had also previously reported strong financial results. In the third quarter, Columbia Financial's revenues had increased by 29.4% compared to the previous year, surpassing analysts' expectations.
Shares of pet insurance provider Trupanion (NASDAQ:TRUP) jumped 5.2% in the afternoon session after a positive outlook for the accident and health insurance industry suggested companies in the space were positioned for growth.
Shares of discount retailer Five Below (NASDAQ:FIVE)
jumped 4.6% in the afternoon session after Mizuho raised its price target on the stock to $160 from $150, signaling optimism before the company's earnings release. The firm maintained its Neutral rating on the discount retailer but cited continued business momentum and expectations for a strong holiday season. This outlook was based on recent store checks and discussions which indicated Five Below's product assortment was well-positioned to drive sales. The positive analyst action occurred as the company was scheduled to report its quarterly earnings on December 3, with investors watching closely.
Shares of electronic design automation company Cadence Design Systems (NASDAQ:CDNS) jumped 3.9% in the afternoon session after the company's stock moved higher amid positive commentary on its financial health and growth potential, though no specific news catalyst was apparent. The move occurred as an analysis highlighted the company's robust financial position, suggesting it was well-positioned for substantial future growth. This broader positive sentiment was also reflected in analyst ratings, with a consensus "Buy" recommendation for the stock. Despite the lack of a direct company announcement, the favorable view of its financial standing seemed to bolster investor interest during the session.
Shares of RV manufacturer Thor Industries (NYSE:THO)
fell 6.9% in the afternoon session after its strong third-quarter results were overshadowed by a weak full-year forecast. The company posted earnings per share of 41 cents, significantly beating analyst forecasts of a loss, while sales grew 11.5% year on year to $2.39 billion. Although the stock initially traded higher on the positive results, it reversed course. The drop appeared to be linked to the company's forward-looking guidance. THOR Industries reconfirmed its full-year revenue forecast, which at the midpoint was 2.3% below analysts' estimates. Similarly, its full-year earnings per share guidance missed Wall Street's expectations by 1.9%. This weaker-than-expected outlook seemed to worry investors more than the strong quarterly performance pleased them.
Shares of battery and lighting company Energizer (NYSE:ENR)
jumped 7.6% in the afternoon session after the stock appeared to rebound from a 52-week low set in the prior session, a drop that followed several analyst price target cuts.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 4.4% in the afternoon session after investor Jim Cramer called the company “one of his favourite companies” for the period leading into 2026.
Abuja, Nigeria – December 3, 2025 – In a pivotal move highlighting the evolving landscape of violence against women and girls, UN Women has issued an urgent appeal to traditional rulers across Nigeria, imploring them to take a leading role in eradicating the burgeoning threat of technology-facilitated Gender-Based Violence (GBV). This significant call to action, [...]
In a decisive move to rekindle growth and reassert its market dominance, sportswear titan Nike (NYSE:NKE) has embarked on a significant leadership restructuring under the renewed stewardship of CEO Elliott Hill. Having returned to the helm on October 14, 2024, Hill has wasted no time in unveiling a comprehensive "Win Now" turnaround strategy, with technology [...]
The recently launched S&P 500® Quality FCF High Dividend Index measures high-dividend stocks supported by strong free cash flow (FCF), offering an approach that blends income generation and financial resilience.
BOSTON, MA – December 3, 2025 – Dynatrace (NYSE: DT), a leader in unified observability and security, today announced a significant expansion of its strategic collaboration with Amazon Web Services (AWS) (NASDAQ: AMZN), marked by two pivotal achievements: receiving the AWS LATAM Public Sector Technology Partner of the Year award and achieving the new AWS [...]
Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest and driving market movements.
China is forging ahead in the global artificial intelligence race, with its AI market experiencing explosive growth and unprecedented investment. Positioned as a major global player, the nation has poured billions into developing advanced AI capabilities, from cutting-edge large language models (LLMs) to widespread integration across diverse industries. However, beneath the impressive statistics and rapid [...]
Chennai, India – December 3, 2025 – The Indian Institute of Technology Madras (IIT Madras) Incubation Cell (IITMIC) today announced a monumental achievement, having successfully incubated over 500 deep-tech startups since its inception 12 years ago. This landmark milestone, with a total of 511 startups fostered to date, firmly establishes IITMIC as a preeminent force [...]
In a groundbreaking leap for agricultural automation, advanced artificial intelligence and imaging technologies are rapidly transforming broiler hatcheries through automated gender sorting. This innovative approach promises to fundamentally reshape poultry production by delivering unprecedented flock uniformity, dramatically boosting processing efficiency, and significantly enhancing sustainability outcomes across the industry. As the global demand for poultry continues [...]
Get a pulse on the US markets on Wednesday by checking out the most active stocks in today's session. Discover the stocks that are leading the way in terms of trading volume and market activity.
In a significant leap forward for food processing innovation, electrostatic spray technology is rapidly transforming pathogen reduction strategies within the poultry industry. This advanced application method promises not only a dramatic enhancement in bacterial kill rates but also substantial reductions in chemical consumption and water usage, heralding a new era of efficiency and sustainability for [...]
Divisadero’s $95 million selloff sends a message about where Remitly stands in the shifting economics of global money movement. Here’s what that signal may mean for long-term investors.
Micron Technology's decision to discontinue its Crucial consumer brand is a significant strategic pivot, announced on December 3, 2025. This move reflects a broader industry trend where memory and storage manufacturers are increasingly prioritizing the lucrative and rapidly expanding artificial intelligence (AI) and data center markets over the traditional consumer segment. The immediate significance lies [...]
SALT LAKE CITY, UT – Utah Governor Spencer Cox has positioned his state at the forefront of the burgeoning debate over artificial intelligence regulation, advocating for a proactive, state-centric approach that distinguishes sharply between governing AI's application and dictating its development. As federal lawmakers grapple with the complex challenge of AI oversight, Governor Cox's administration [...]
Franklin, Louisiana – December 3, 2025 – In a monumental stride towards redefining the future of maritime operations, Saronic Technologies has committed an unprecedented $300 million investment to significantly expand its Franklin, Louisiana shipyard. This strategic move, which broke ground in November 2025, is poised to dramatically accelerate the production of advanced autonomous ships, positioning [...]
Japan is set to introduce a landmark cryptocurrency reserve mandate, a pivotal regulatory move designed to fortify investor protection and instill greater stability within its burgeoning digital asset market. This forward-thinking initiative, expected to take full effect in 2026, aims to compel local cryptocurrency exchanges to maintain substantial reserves against
(BPT) - Struggling to find gifts that keep kids engaged long after the wrapping paper and cardboard boxes are gone? This year, the Crayola holiday lineup is overflowing with top picks and fan favorites featuring mess-free innovations, screen-free fun and imaginative play that spark joy for every family.
New York, NY – December 3, 2025 – In a significant move reverberating through the biotechnology sector, investment banking giant Morgan Stanley has downgraded Regeneron Pharmaceuticals (NASDAQ: REGN) from "Overweight" to "Equal-Weight." The firm maintained its price target of $767.00, signaling that, in their view, the stock is now fairly valued
Bristol Myers will enroll more patients in its Cobenfy Alzheimer's psychosis study after site irregularities, with FDA-supported analysis suggesting encouraging early signals.
NEW YORK, NY – December 3, 2025 – Morgan Stanley (NYSE: MS) has today achieved a significant milestone, with its stock price reaching an all-time high of $171.78. This landmark achievement underscores the financial services giant's exceptional performance and robust strategic positioning in a dynamic global market. The surge reflects strong
