ADVFN US – Market Content Editor
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The Market this Month | Rates, Rotation & Global Opportunities
Bruce Campbell and Anna Brynelsen discuss inflation, interest rates, small-cap opportunities, cannabis consolidation and the outlook for Canadian markets.
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AI Credit Default Insurance Costs Surge as Investors Assess Data Centre Debt Risks
The cost of protecting against defaults by major US technology companies has risen sharply, reflecting growing investor concerns about debt levels, financing requirements and the potential returns from large-scale artificial intelligence infrastructure investments. Credit default swap (CDS) spreads for several companies involved in AI development and data centre expansion have reached record levels, according to…
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Krystal Biotech Reports KB113 Lesion Regression in Gorlin Syndrome Pilot Study as FDA Discussions Begin
Krystal Biotech, Inc. (NASDAQ:KRYS) reported preliminary clinical findings from a pilot study of KB113, an investigational intratumoral immunotherapy being developed for patients with Gorlin syndrome, showing regression in more than 80% of assessed basal cell carcinoma (BCC) lesions. The study involved three adult patients with Gorlin syndrome, a genetic condition associated with an increased risk…
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Freightos Reports 15% Rise in Q3 Platform Transactions as Gross Booking Value Reaches $437 Million
Freightos Limited (NASDAQ:CRGO) reported preliminary third-quarter 2026 operating figures ahead of its previous guidance, with platform transactions increasing 15% year-on-year and gross booking value rising 30%. The digital freight booking and payment platform operator recorded approximately 494,000 transactions during the quarter ended 30 September 2026, exceeding its guidance range of 481,000 to 490,000 transactions. Gross…
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Marsh Shares Rise 2% as Q3 Earnings and Revenue Exceed Analyst Forecasts
Marsh (NYSE:MRSH) reported third-quarter 2026 earnings and revenue above analysts’ expectations, supported by growth across its insurance, risk management and consulting operations. The global professional services group reported adjusted earnings of $2.03 per share for the quarter ended 30 September 2026, exceeding the consensus estimate of $1.97. Quarterly revenue reached $6.86 billion, ahead of analysts’…
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First Horizon Reports Q3 Revenue Below Forecasts as Mortgage Portfolio Sale Drives $94 Million Net Loss
First Horizon Corporation (NYSE:FHN) reported third-quarter 2026 adjusted earnings slightly above analysts’ expectations, although revenue fell short of forecasts and the bank recorded a net loss attributable to common shareholders following the reclassification of approximately $4.5 billion in consumer mortgages. The US regional banking group reported adjusted earnings of $0.53 per share for the quarter…
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U.S. Bancorp Reports 10% Rise in Q3 Net Income to $2.2 Billion as Earnings Beat Forecasts
U.S. Bancorp (NYSE:USB) reported third-quarter 2026 earnings above analysts’ expectations, supported by higher net interest income, stronger fee revenue and growth in its lending portfolio, although total revenue fell slightly short of forecasts. The US banking group reported adjusted earnings of $1.34 per share for the quarter ended 30 September 2026, exceeding the analyst consensus…
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Wipro Shares Decline as Q3 Revenue Guidance Falls Below Forecasts Despite In-Line Q2 Results
Wipro Limited (NYSE:WIT) reported second-quarter financial results that met analysts’ expectations, but its revenue outlook for the third quarter fell below consensus forecasts, sending shares down 1.1% following the announcement. The Indian IT services company reported adjusted earnings of $0.03 per share for the quarter ended 30 September 2026, matching Wall Street estimates. Revenue reached…
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ManpowerGroup Shares Fall Nearly 20% as Q3 Revenue Misses Forecasts and Q4 Outlook Disappoints
ManpowerGroup Inc. (NYSE:MAN) shares fell 19.75% in pre-market trading on Thursday after the workforce solutions company reported third-quarter 2026 revenue slightly below analysts’ expectations and issued fourth-quarter earnings guidance that fell short of consensus forecasts. The company reported adjusted earnings of $1.01 per share for the third quarter, matching analysts’ estimates. Revenue reached $4.84 billion,…
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Bank7 Reports Q3 Earnings Above Forecasts Despite Revenue Miss and Lower Net Interest Income
Bank7 Corp. (NASDAQ:BSVN) reported third-quarter 2026 earnings that exceeded analysts’ expectations, although revenue fell short of forecasts as net interest income and margins declined compared with the previous year. The Oklahoma City-based bank holding company reported adjusted earnings of $1.06 per share for the quarter ended 30 September 2026, slightly ahead of the consensus estimate…