National Beverage Corp (FIZZ) News & EventsFIZZNational Beverage Corp

Stock Futures Rebound as Oil Prices Retreat Easing Inflation Pressure

Stock futures are pointing to a rebound after four straight sessions of declines. The bounce comes as oil prices retreat more than 3% from their recent highs, easing some of the inflation pressure that has pushed Treasury yields to multiyear highs.The August consumer price index report came in roughly in-line with expectations, with headline consumer prices rising 0.4% month over month and 3.4% from a year earlier, while core CPI increased 0.3% monthly and 2.4% annually. The firmer-than-expected core reading suggests underlying inflation remains sticky.Markets are now pricing a high probability of a 25-basis-point Fed hike next week, a dramatic change from the expectations for rate cuts that dominated the market earlier in the summer. The 10-year Treasury yield is hovering around 4.94%-4.96%, while the 30-year yield recently reached its highest level since 2004.WTI has fallen back below $100 and Brent is around $103-$104, but both remain sharply higher for the week amid escalating Middle East tensions and disruptions around the Strait of Hormuz.In pre-market trading, S&P 500 futures rose 0.65%, Nasdaq futures rose 0.81% and Dow futures rose 0.81%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Click Holdingsup 4% after announcing that its CEO, Chan Chun Sing, has purchased 48,200 Class A ordinary shares of the company in the open marketGameStopup 4% after disclosing that its CEO Ryan Cohen bought 1M shares of common stock on September 10 in a total transaction valued at about $20MUP AFTER EARNINGS -Oracleup 6%Copartup 6% after earnings and a deal to buy ACV AuctionsDOWN AFTER EARNINGS -Zumiezdown 16%National Beveragedown 6%Adobedown 3%Krogerdown 2%LOWER -NuScale Powerdown 4% after UBS downgraded the stock to Sell with a price target of $6, down from $10, implying 40% downside from current levelsOklodown 2% after entering into an at-the-market equity offering for up to $1B

Company Reports Q1 Revenue of $330.7M

Reports Q1 revenue $330.7M vs $330.5M last year. "Our first quarter Net Sales were negatively impacted by consumer sentiment and tariffs, as average selling price increases were largely offset by volume declines," stated a company spokesperson. "While market conditions remain soft, we are encouraged by the rebound in orders during August and are optimistic that improving volume/mix will resume growth going forward."

Dow Hits Record High While Nasdaq Declines

The major averages had a mixed day before the long holiday weekend, with the Dow rising to a record high as traders considered the weaker-than-expected U.S. nonfarm payrolls for June and what it might mean for the path of rates. Meanwhile, the Nasdaq fell amid continued pressure on technology and semiconductor names. Chip stocks have experienced a notable pullback to begin the second half of the year, suggesting traders are taking profits after a strong run.Looking to the jobs report, the U.S. economy added 57,000 jobs in June, well below forecasts of 110,000 and a downwardly revised 129,000 in May. The unemployment rate dropped to 4.2% in June, down from 4.3% in May, as many people left the workforce.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:OpenAI has discussed giving the U.S. government a 5% stake in the company,Alphabethasof a EUR4.1B Android fine in EuropeTeslareported, beating expectationsRivianand raised its FY26 vehicle delivery forecastAppleis preparing a new iPad Pro and redesigned entry-level MacBook Pro for 2027,2. WALL STREET CALLS:DAPalantirto Buy, sees "gift" at current levelsAdobeto Buy at HSBCWolfeChevronto Outperform, sees "opportunistic" entry pointSkyWestto Neutral at Goldman SachsCanaccordInfleqtionat Buy, sees 70% upside3. AROUND THE WEB:Microsoftis merging its consumer and enterprise versions of its Copilot AI chatbot, The Information reportsAmazonwill begin internet services this year after its latest satellite launch, Bloomberg reportsSoftBankhas resumed discussions with lenders for a $10B loan backed by its stake in OpenAI, offering a repayment guarantee to address concerns over valuing private-company shares and reduce lenders' collateral risk, Reuters saysThe U.S. National Highway Traffic Safety Administration, NHTSA, closed a 2022 preliminary evaluation of 695,000 Teslavehicles over unexpected deceleration, citing less incidents and low hazard to drivers, Reuters saysAnthropic has started early-stage work on its own AI chip and has held talks with Samsungas a potential manufacturing partner, The Information says4. MOVERS:SurgePayssoared afterwith one of its wholesale wireless network providersAeroVironmentgained afterKratos Defensewas higher after beingfor a new air defense missile systemOusterwas lower after filing anArbor Realtyfell after Piper Sandlerits price target on the stock5. EARNINGS/GUIDANCE:APi Groupraised itsLindsay, with EPS and revenue beating consensusNational Beveragereported, with EPS and revenue lower year-over-yearGreenbrierand narrowed its guidance for FY26American Eaglebacked itsand FY26INDEXES:The Dow rose 594.83, or 1.14%, to 52,900.07, the Nasdaq lost 207.36, or 0.80%, to 25,832.67, and the S&P 500 advanced 0.010, or 0.00013%, to 7,483.24.