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Teva Launches New Trailpeak Running Shoe Priced at $160
Teva announces the launch of its newest high performance daily trail running shoe and the brand's first footwear fully co-created with athletes from Teva's Bureau of Adventure: Trailpeak. Sizes: Women's 5-11 / Men's 7-14; MSRP: $160. Trailpeak is now available for purchase at Teva.com along with limited release at select retailers across the U.S. including Fleet Feet Menlo Park, Gearhead Outfitters Chattanooga, Outdoor Gear Exchange, Paragon Sports, Running Warehouse, Skinny Skis, Ute Mountaineer, and Whole Earth Provision Co.
Comments from Q2 Earnings Conference Call
Comments taken from Q2 earnings conference call.
Intel Delivers Strong Earnings, Boosts Stock Futures
Stock futures are modestly higher Friday as investors attempt to recover from Thursday's sharp technology-led selloff with Intel providing support after delivering stronger-than-expected earnings and an upbeat outlook.Technology remains the market's primary focus after Alphabet and Tesla sparked the biggest one-day decline in the S&P 500 and Nasdaq in about a month. Investors have grown increasingly concerned that soaring capital expenditures and cash burn tied to artificial intelligence may take longer to generate meaningful returns. Intel helped ease some of those concerns after beating quarterly expectations, forecasting stronger revenue and profit for the current quarter, and outlining plans to continue investing in AI and manufacturing capacity.Oil prices surged above $100 per barrel following renewed attacks on shipping linked to Iran-backed Houthi militants in the Red Sea, heightening fears of supply disruptions and adding to inflation concerns. Although crude has pulled back slightly from its overnight highs, it remains sharply higher for the week, contributing to a rise in Treasury yields.Trade policy is also back in focus after the Trump administration announced new tariffs of 10% to 12.5% on imports from 60 countries, including China and several European nations. The measures have renewed concerns over global trade tensions and their potential impact on inflation, corporate margins and economic growth.In pre-market trading, S&P 500 futures rose 0.13%, Nasdaq futures rose 0.02% and Dow futures rose 0.33%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Amkor Technologyup 12% after after disclosing a partnership with NvidiaOracleup 2% after being awarded a $3.31B Department of War Enterprise Software contractUP AFTER EARNINGS -Tenet Healthcareup 17%SLBup 4%Intelup 3%DOWN AFTER EARNINGS -MaxLineardown 7%Robert Halfdown 6%American Expressdown 4%Verizondown 1%HCA Healthcareup 1%Deckers Outdoordown 1%LOWER -Zevra Therapeuticsdown 25% after announcing that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a negative opinion regarding the marketing authorization application for arimoclomol for the treatment of Niemann-Pick disease type C
Google Parent Company Shares Drop 7% to 3-Month Low
Mega-cap Tech weighed heavily on sentiment in Thursday's trading as elevated capex plans by Alphabetand Teslaworried investors. Parent of Google fell 7% to trade at a 3-month lows, while Tesla shed 15%, falling to 2026 lows below $320. Every other member of the MAG-7 also traded lower on the day, as Communication Services, Consumer Cyclicals, and Technology sectors underperformed. Health Care and Industrials were the best performing sectors in the S&P 500, with Energy also bid amid ongoing Iran-US tensions. WTI Crude Oil was up for the fifth consecutive day, rising above $92 per barrel - the highest level in over a month.In the opening hours of the evening session on Thursday, S&P e-minis are flat while Nasdaq 100 contract is up 0.2%. Blowout earnings result out of Intelis making an attempt to rightsize the ship, seemingly sent adrift by the floundering Tech space, where Semiconductor ETFhas now fallen 13% from its June 22nd high. Friday may well see a bounce, especially in light of the market tolerating higher capex plans by the chipmaker. The earnings calendar remains hot and heavy next week however, with Microsoftand Metadue out on Wednesday and Appleand Amazonon the docket for Thursday.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Tenet Healthcareup 12.6%Edwards Lifesciencesup 4.2%Intelup 3.7%; Semiconductor Equipment companies higher on Intel plans to increase CapEx in FY26 and FY27. Applied Materialsup 2.1%, KLA Corpup 1.7%, and LAM Researchup 1.6%Enova Internationalup 1.5%ALSO HIGHER -Safety Insurance Groupup 37.6% after announcing acquisition by MapfreAmkor Technologyup 13.2% after disclosing partnership with NvidiaDOWN AFTER EARNINGS -MaxLineardown 12.1%JAKKS Pacificdown 11.5%Summit Therapeuticsdown 5.3%Robert Halfdown 4.3%Deckers Outdoordown 3.4%AppFoliodown 2.4%Newmontdown 1.4%Comfort Systems USAdown 1.4%
Deckers Reports Q1 Revenue of $1.02B
Reports Q1 revenue $1.02B, consensus $1.02B. "Deckers delivered a solid start to the fiscal year, surpassing $1 billion of first quarter revenue for the first time," said Stefano Caroti, President and Chief Executive Officer. "This performance reflects the continued strength of HOKA and UGG, with growing global demand as both brands extend their reach through compelling product innovation. As we build deeper connections with consumers across geographies and channels, we remain focused on advancing our premium brands and executing with discipline against our long term strategies."
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