G-III Apparel Group reported strong first-quarter results, with adjusted EPS of 19 cents and sales of $583.61 million. The company is confident in its sales guidance for FY2026 despite uncertainty and expects a slight decrease in Q2. GIII shares down 15.10%.
iPower’s move to shift production stateside is intended to reduce its reliance on overseas manufacturing, thereby helping to minimize risks such as shipping delays and cost volatility.
Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown.
Tami Zakaria of JP Morgan raised Oshkosh (OSK) price forecast to $106 and kept a Neutral rating. OSK expects revenue of $13-$14 billion, EPS $18-$22, and EBIT margin of 12-14%. Analyst raised estimates and anticipates moderate downturn in Access Equipment sales in 2025.
With global decarbonization efforts accelerating, silver's industrial demand has surged, resulting in consecutive market deficits. According to the Silver Institute, a 15% supply shortfall was reported in 2024, and another deficit is forecast for 2025.
Plug Power shares surged 13% to 98 cents Friday, driven by clean energy sentiment for the session. Recent revenue growth, financing moves and executive buying are potentially bolstering investor confidence.
Wondering how the US markets performed in the middle of the day on Friday? Discover the movers and shakers of today's session in our comprehensive analysis.
