The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

1908 ET - Life360's tweaks to its outlook improve the quality of its guidance in the view of its bull at RBC. Analyst Wei-Weng Chen tells clients in a note that the 2025 guidance now features more revenue from subscriptions and less revenue from one-off hardware sales. Overall, Chen sees the March-quarter result as a strong one, pointing out that revenue and Ebitda were both ahead of average analyst forecasts. RBC has an outperform rating and A$26.00 target price on Life360's Australia-listed stock, which is at A$23.85 ahead of the open. ([email protected])

1905 ET - Uranium miner Boss Energy may need to start contracting late this year, reckons Ord Minnett. Boss's Honeymoon operation has only 3.5 million lb of U308 production under contract. Analyst Matthew Hope assumes Boss's contracted sales in FY 2026 will absorb 500,000 lb. He thinks Boss will also agree to some shortdated deals to offset its production costs through FY 2026 as it raises output to 1.6 million lbs. "However, once Honeymoon makes the final push to hit nameplate production of 2.5 million lb in FY 2027 it will need a greater proportion of longer term contracts to provide assurance of sales," Ord Minnett says. So, it will need to agree to these offtake deals well ahead of FY 2027, which would be a positive catalyst for Boss's stock, the bank says. ([email protected]; @dwinningWSJ)

1900 ET - Macquarie finds Super Retail's profit margins are falling short of expectations as competitive pressure builds across its brands. Super Retail's gross margin appears to have fallen some 190 basis points to 44.2% in 2H so far, prompting Macquarie to cut its forecast for the six-month period to 44.3%, from 46.0%. That has a knock-on effect on the bank's earnings forecasts. Its EPS projections drop by 4.0% in FY 2025 and by 9.3% in FY 2026. "We remain cautious given the ongoing competitive pressure, risk of new entrants and gross margin deterioration," says Macquarie, which has a neutral call on Super Retail's stock. ([email protected]; @dwinningWSJ)

1852 ET - Australia's S&P/ASX 200 looks set to join the global equities rally that followed the announcement that the U.S. and China agreed to lower trade tariffs. ASX futures are up by 1.2% ahead of Tuesday's session, suggesting that the benchmark index is on course for a fifth straight rise. It edged less than 0.1% higher on Monday. In the U.S., the DJIA jumped 2.8%, the S&P 500 rose 3.3%, and the Nasdaq Composite surged 4.35%. All three indices recorded their biggest gains in more than a month. Ahead of the ASX open, fuel refiner Ampol said it had agreed to sell its retail electricity businesses in Australia and New Zealand. ([email protected])

1605 ET - U.S. stocks post broad gains after the U.S, and China agree to suspend most of the tariffs on each other's goods while further trade negotiations continue. Consumer discretionary shares climb over 5% as investors cash out defensive positions in sectors like utilities as well as Treasurys and gold. The Magnificent 7 stocks all gain with Amazon rising 8.1% on expectations of renewed consumption. Treasury, meanwhile, says the U.S. collected $7.6 billion more in customs duties in April than in the previous month, as revenue from tariffs accelerated. DJIA climbs 1,160 points, or 2.8%, to 42410, the S&P 500 rises 3.3% to 5844 and the Nasdaq jumps 4.4% to 18708. ([email protected])

1603 ET - McDonald's said the burger giant and its franchisees expect to hire as many as 375,000 employees nationally this summer. The chain pledged to hire 260,000 workers during a previous national summer push in 2020. McDonald's needs more workers as it aims to open 900 new U.S. restaurants by 2027 and is preparing to serve more customers over the summer months, it said. McDonald's shares up 8% in 2025. ([email protected]; @heatherhaddon)

1540 ET - Truist analysts aren't big fans of Church & Dwight's $880 million acquisition of the Touchland hand-sanitizer business. "While it brings accretive growth and margins and checks the company's stated criteria for M&A, we are skeptical about the long term opportunity," the analysts said in a research note. For one, Truist doesn't believe that Church & Dwight has ample experience in the beauty channel and competing against bigger players, who may eye expanding into the scented hand sanitizer if the category continues to do well. The analysts also don't think that Touchland quite has the brand equity as other recent Church & Dwight acquisitions such as Therabreath or differentiated innovation like Hero, which makes the acne-fighting Mighty Patch. Church & Dwight up 3.8% at $95.01. ([email protected])

1328 ET - United Parks & Resorts plans to invest more money into SeaWorld Orlando, CEO Marc Swanson says on a call with analysts. Central Florida is expected to see an uptick in visitors thanks to the opening of Epic Universe, a new theme park by competitor Universal. Swanson hopes new investments will sway some of these travelers coming to Orlando for Epic to add on a visit to SeaWorld as well. He notes that SeaWorld has opened a new flying simulator ride called "Expedition Odyssey" and says, "We have some other things coming as well." United Parks & Resorts rises 3% despite posting a wider loss and lower 1Q revenue. ([email protected])

1313 ET - Amazon's eight new robots are key to improving the company's cost structure, Bank of America Securities analysts say in a research note. The robots, which help sort and handle packages, are instrumental to solving long-term staffing challenges given Amazon currently employs close to 1 million logistics and fulfillment workers that can have 50% annual churn, the analysts say. The robots will reduce labor and employee injury costs while driving higher utilization of Amazon's warehouses and increasing order accuracy, in turn minimizing the number of product returns and related costs, the analysts say. Such cost savings could also open more rural areas to same-day delivery, the analysts add. ([email protected])

1306 ET - In eight major U.S. metro areas, renters now need to make six figures to comfortably afford rent, up from four markets five years ago, Zillow says. Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago. Since April 2020, rent for a typical U.S. apartment has increased by 28.7%, to $1,858, while rent for a single-family home increased by 42.9%, to $2,256. Over that time, the median household income has only risen by 22.5%, to about $82,000--showing that wages have not kept up with rents. A renter making the median income and leasing a typical U.S. rental is just on the right side of the 30% affordability line--the rent burden threshold--spending 29.6% of their income on rent. ([email protected])

1258 ET - President Trump's executive order aimed at lowering the cost of prescription drugs might make drugmakers' stocks more volatile in the near term, but probably won't damage their healthy long-term prospects, Gabelli Funds portfolio manager Jeff Jonas says in a note. He's skeptical that the order's mandates will ever happen, and thinks it would be hard to get Europe to raise their prices given their tight budget situations and defense spending needs, Jonas says. The order does put negative pressure on pharmacy benefits managers such as Cigna Group, CVS Health and UnitedHealth Group, Jonas says. ([email protected])

1242 ET - The median U.S. asking rent fell 1% year over year to $1,625 in April, marking the biggest decline since February 2024, according to Redfin. That's $80 below the August 2022 record high of $1,705. On a month-over-month basis, the median U.S. asking rent rose 1.2% in April--typical for this time of year. Renter demand is strong, Redfin says, but growth in apartment supply is even stronger because multifamily construction surged in the wake of the pandemic moving frenzy. Permits to build apartments have started to taper off, though, so asking rents could rebound in the coming months. ([email protected])

(END) Dow Jones Newswires