Remarks by the Federal Reserve chair sparked a rally in stocks, but upcoming data as the market enters a historically weak month could mean more downside ahead
Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Stay informed about the most active stocks in the S&P500 index on Friday's session. Discover the stocks that are generating the highest trading volume and driving market activity.
Railway and freight giant CSX is trading 4.9% below its all-time high. As the company eyes its next acquisition, its fundamentals (and dividend) remain strong.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Tuesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at CSX (NASDAQ:CSX) and the best and worst performers in the transportation and logistics industry.
CSX CORP (NASDAQ:CSX) shows strong breakout potential with an 8/10 Technical Rating and Setup Rating, signaling a bullish trend and consolidation. Ideal for technical traders eyeing momentum.
Freight rail services provider CSX (NASDAQ:CSX) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 3.4% year on year to $3.57 billion. Its non-GAAP profit of $0.44 per share was 6% above analysts’ consensus estimates.
Shares of freight rail services provider CSX (NASDAQ:CSX)
jumped 4.1% in the morning session after the company reported second-quarter earnings that beat analyst expectations and its CEO signaled openness to potential merger activity. The company reported second-quarter earnings per share (EPS) of $0.44, which surpassed analyst expectations of $0.42. This profit beat helped investors overlook a slight miss on quarterly revenue. Further fueling the optimism, CEO Joe Hinrichs stated he was open to "any and all possibilities" for growth, including potential mergers. These comments came amid broader speculation about consolidation in the rail industry, positioning CSX as a possible participant in future deals. In response, analysts at firms including Barclays and Evercore ISI raised their price targets on the stock, signaling increased confidence in its financial outlook.
A potential railroad merger has sparked retail interest in railroad stocks following The Wall Street Journal's report that Union Pacific is considering acquiring Norfolk Southern.
Freight rail services provider CSX (NASDAQ:CSX) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 3.4% year on year to $3.57 billion. Its GAAP profit of $0.44 per share was 5.5% above analysts’ consensus estimates.
