Crude Oil Surges 6%; Macy’s Shares Fall After Q2 Results
U.S. stocks fell Thursday as the Dow dropped 300+ points; Macy’s slid on weak guidance, while oil rose and producer prices accelerated.
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On Wednesday, Navan (NASDAQ:NAVN) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For real-time access to
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U.S. stocks fell Thursday as the Dow dropped 300+ points; Macy’s slid on weak guidance, while oil rose and producer prices accelerated.
Citizens analyst Patrick Walravens reiterates Navan (NASDAQ:NAVN) with a Market Outperform and maintains $38 price target.
U.S. stocks fell as August producer prices rose 5.4% year-over-year. Oil jumped 4%, while Asian and European markets were mixed to lower.
Navan beats Q2 estimates, raises FY2027 guidance, acquires BoomPop, but shares fall 17% premarket as analysts adjust price targets.