(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to tariffs and higher demand for its intelligent devices segment. However, its shares fell more than 7% in premarket trading. The company's intelligent devices business benefited from a rise in demand for its measurement and analytical components, as well as pressure-relief...

07:33 AM EDT, 08/06/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Wednesday ahead of the release of weekly crude oil stocks inventory data at 10:30 am ET. An appearance by San Francisco Federal Reserve President Mary Daly is schedule for 12:45 pm ET, followed by Fed Governor Lisa Cook and Boston Fed President Susan...

07:57 AM EDT, 08/06/2025 (MT Newswires) -- Shopify ( SHOP ) traded 16% higher at last look Wednesday on the Nasdaq pre-market as the company booked higher earnings in the second quarter. Shopify ( SHOP ) reported earnings of US$906 million, or US$0.69 per share, beating the analyst consensus estimate of US$0.20 compiled by FactSet and jumping from US$171 million...

08:04 AM EDT, 08/06/2025 (MT Newswires) -- US equity futures were cautiously higher ahead of Wednesday's opening bell as investors continued to monitor the current earnings season in a light day for economic data. Dow Jones Industrial Average futures were 0.4% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were also 0.3% higher. On the earnings front, McDonald's...