Noticias y eventos de Hormel Foods Corp (HRL)HRLHormel Foods Corp

Nasdaq Rises 350.95 Points on Nvidia Earnings

The major averages were sharply higher near noon after Nvidia's upbeat quarterly report and outlook for 70% revenue growth for next fiscal year led a rally among other notable tech firms. Salesforce's "beat and raise" report and its collaboration with Anthropic also supported its shares and the indexes.Traders are now looking to Jackson Hole with Fed Chair Kevin Warsh scheduled to deliver his keynote speech Friday at 10 a.m. ET. Investors will be looking for clues about whether the Fed views persistent inflation as a reason to keep rates higher or whether weakening labor-market conditions could eventually justify easing.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiareported, provided an upbeat outlook, and reportedly agreed to acquire Hugging Face for $12.9BSalesforceprovided afor Q2 and announced its "Claudeforce" collaboration with AnthropicHP Inc.also provided aBest Buyreportedand raised its guidance for FY27Dollar Treeand Dollar Generalboth provided2. WALL STREET CALLS:First Solarto Outperform at BMO Capital after 16% pullbackCelsiusto Hold at Deutsche BankInteractive Brokerswith a Market Perform at Raymond JamesEverpureto Buy at BofA with more growth to comeCitiAbercrombie & Fitchon valuation after 36% rally3. AROUND THE WEB:Trian is no longer preparing a take-private bid for Wendy's, Reuters reportsThe Trump administration has struck data-sharing deals with OpenAI, Google, Meta, Amazon, and other tech companies to track how AI is affecting jobs and hiring, Axios saysGoogleis moving its team dealing with identifying risks and societal impact of AI out of Google DeepMind, the research lab developing its most advanced AI models, WSJ reportsBritish Columbia Premier David Eby is urging Canada to reconsider its planned purchase of up to 88 U.S.-made F-35samid escalating trade tensions and tariffs, NY Times saysMetahas quietly become one of Anthropic's largest customers, potentially spending up to $10B annually on its AI models despite publicly criticizing the company, highlighting the increasingly intertwined and competitive nature of the AI ecosystem, NY Times reports4. MOVERS:Oktaincreases after, providing guidance for Q3, and raising its outlook for FY27Veevagains afterand raising its outlook for FY27Tenablehigher after announcing it will replace Leggett & Platt inHormel Foods (HRL) falls afterand narrowing its guidance for FY26Modernalower after announcing a5. EARNINGS/GUIDANCE:Burlington Storesprovided guidance for Q3, and raised its outlook for FY26Build-A-Bearand lowered its guidance for FY26Titan Machineryand backed its guidance for FY27HealthEquity (HQY)and backed its guidance for FY27, with CEO Scott Cutler calling it "a record-setting second quarter"Canadian Solar, with EPS missing consensusINDEXES:Near midday, the Dow was up 142.20, or 0.27%, to 53,606.08, the Nasdaq was up 350.95, or 1.34%, to 26,481.15, and the S&P 500 was up 48.80, or 0.64%, to 7,724.50.

Company Lowers FY26 Revenue Outlook to $12.1B

Consensus $1.50. Lowers FY26 revenue view to $12.1B-$12.2B from $12.2B-$12.5B, consensus $12.24B. "We continued to make progress against our strategic priorities during the quarter," said John Ghingo, president and chief executive officer-elect. "While net sales declined, the results reflected the impacts of portfolio-shaping actions, lower commodity-based pricing in portions of the business and a consumer environment that remains under pressure. At the same time, several of our Retail priority brands delivered growth, and Foodservice once again outperformed industry trends, supported by the strength of our solutions-based offerings and operator partnerships. As we continue to enhance our capabilities and sharpen our focus, we remain committed to disciplined execution and positioning the company for long-term success."

Company Reports Q3 Revenue of $2.96B, Raises 2026 Earnings Outlook

Reports Q3 revenue $2.96B, consensus $3.04B. "We delivered solid third quarter results, growing our adjusted earnings and continuing to advance our fiscal 2026 objectives," said Jeff Ettinger, interim chief executive officer. "With our strong year-to-date performance and continued opportunities ahead, we are raising and narrowing our adjusted earnings outlook for fiscal 2026 and remain confident in delivering adjusted earnings growth for the year consistent with, or above, our long-term algorithm."