Yext, Inc. (YEXT)
Yext, Inc. is a digital knowledge management platform that helps businesses manage and synchronize their public information across various online directories, search engines, and social platforms. The company focuses on improving local search visibility and ensuring consistent branding and information accuracy to enhance customer engagement and drive foot traffic.
Company News
Yext reported strong Q2 FY2026 financial results with significant revenue and earnings growth, driven by recent acquisitions. However, the company provided limited forward guidance due to a pending CEO-led take-private proposal.
U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday’s record run. Global cues are negative and commodity prices weakened as well. Traders may prefer to wait it out until the Federal Reserve meeting and May inflation reports. A cooler inflation report and/or a dot-plot chart that points to at least two rate cuts could help the market push ahead with renewed optimism. Oracle Corp.’s (NYSE:ORCL) earnings could also be in the spotlight, given the company’s exposure to AI. Futures Performance (+/-) Nasdaq 100 -0.25% S&P 500 -0.22% Dow -0.35% R2K -0.85% In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) fell 0.25% to $534.34, and the Invesco QQQ ETF (NASDAQ:QQQ) traded down 0.27% at $463.59, according to Benzinga Pro data. Cues From Previous Session: Wall Street posted uneasy gains on Monday ahead of some key economic catalysts. The major indices opened lower but reversed course in early trading and advanced steadily in the morning, They broadly consolidated in the afternoon before ending in the green. Energy, utility, communication services, and consumer discretionary stocks were among the biggest gainers of the session. The Nasdaq Composite and the S&P 500 indices closed at a fresh record, although failing ...Full story available on Benzinga.com
Yext (YEXT) delivered earnings and revenue surprises of -28.57% and 0.37%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
This article discusses the key events and earnings reports to watch in the upcoming week, including the Fed's decisions and Apple's WWDC.
Trading in U.S. stock options has surged in 2023 as retail and institutional traders have harnessed bullish call options to chase a runaway rally in U.S. stocks, market strategists told MarketWatch.