Bond markets around the world have been a bit shaky, particularly for long-duration paper, and the last thing they wanted was a piece of legislation that risks creating larger budget deficits in the world’s largest economy.
Silver’s fake-out is one of the more reliable technical signs on the precious metals market. We saw that once again yesterday and in today’s trading. This is a major “this is it” sign.
Shares of clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) jumped 21.9% in the afternoon session after the company reported strong first quarter 2025 results, which blew past analysts' sales, EBITDA, and earnings expectations.
A number of stocks fell in the morning session after a GOP bill was passed to end some of the tax benefits granted to clean energy companies during the Biden administration.
Shares of shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) jumped 9.9% in the afternoon session after the company appointed sitting director Kurt Wolf as its Chief Executive Officer.
Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) fell 5.1% in the afternoon session after the company reported underwhelming first-quarter 2025 results, as it provided full-year guidance which was in line but warned of tariff headwinds and macro uncertainty. In addition, gross margin missed, and store count continued to fall, raising concerns about the health of demand.
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 11.7% in the afternoon session after the company reported impressive first quarter 2025 (fisal 2026) results, which beat analysts' sales expectations.
Shares of data visualization and business intelligence company Domo (NASDAQ:DOMO) jumped 31.1% in the afternoon session after the company reported an impressive "beat and raise" quarter. First quarter 2025 results blew past analysts' EBITDA and earnings estimates while sales were in line.
