Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive.
The US market is yet to commence its session on Friday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
As the regular session of the US market on Thursday comes to an end, let's delve into the after-hours session and discover the top S&P500 gainers and losers shaping the post-market sentiment.
Industrial manufacturing company Ingersoll Rand (NYSE:IR) met Wall Streets revenue expectations in Q3 CY2025, with sales up 5.1% year on year to $1.96 billion. Its non-GAAP profit of $0.86 per share was in line with analysts’ consensus estimates.
Ingersoll Rand's Q3 earnings met EPS estimates but revenue slightly missed. The company revised its full-year 2025 guidance lower, causing a cautious market response.
Wall Street saw a cautious tone on Thursday as major tech-heavy indexes edged lower, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell th
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Ingersoll Rand (NYSE:IR) and its peers.
Since April 2025, Ingersoll Rand has been in a holding pattern, posting a small return of 2.1% while floating around $74.88. The stock also fell short of the S&P 500’s 21.1% gain during that period.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Ingersoll Rand Inc's (NYSE: IR) short interest as a percent of float has risen 8.23% since its last report. According to exchange reported data, there are now 13.37 million shares sold short, which is 4.34% of all regular shares that are available for trading.
A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
The global financial landscape is increasingly being shaped by a complex web of geopolitical tensions and the specter of future trade wars, particularly between the United States and China. These simmering conflicts, characterized by escalating tariffs, technological competition, and strategic decoupling efforts, are poised to significantly limit the upside potential
