Transmission provider Allison Transmission (NYSE:ALSN) beat Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $814 million. On the other hand, the company’s full-year revenue guidance of $3.13 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $2.29 per share was 2.9% above analysts’ consensus estimates.
The dollar’s recent surge hides a dangerous déjà vu. Echoes of 1987’s Black Monday—political pressure, currency manipulation, and an overvalued market—are back.
Shares of tech giant Microsoft (NASDAQ:MSFT) jumped 2.6% in the afternoon session after investor optimism continued as the company received a series of analyst price target upgrades.
Shares of social network operator Meta Platforms (NASDAQ:META)
jumped 3.5% in the afternoon session after analysts raised their price targets on the stock, following the company's strong second-quarter earnings report the previous week.
