ADVFN US – Market Content Editor
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Tech Stocks Set to Extend Rally as Apple Crushes Estimates: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside following the rally seen over the course of the previous session. Apple (NASDAQ:AAPL) may help lead an extended advance on Wall Street, as the tech giant is surging by 3.6 percent in…
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ISM Manufacturing PMI Seen Rising to 53 in April, Signaling Continued U.S. Factory Expansion
The Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of April at 10 am ET. The manufacturing PMI is expected to inch up to 53.0 in April from 52.7 in May, with a reading above 50 indicating growth.
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BC Government grants major status to junior nickel project
The Government of British Columbia has named the Baptiste Nickel Project, owned by junior miner FPX Nickel (TSXV:FPX), as a priority project under the province’s Look West strategy, launched in November 2025, which aims to grow key sectors of the economy and strengthen the province and Canada’s standing on the global stage. Baptiste is the only critical…
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Markets Edge Higher as Apple Outlook Lifts Sentiment, Oil Holds Firm: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures ticked higher following record closes on Wall Street, as investors weighed upbeat corporate earnings signals against mounting geopolitical risks and currency volatility. A strong outlook from Apple (NASDAQ:AAPL) helped underpin sentiment, while oil prices maintained weekly gains amid escalating tensions involving Iran. At the same time, a weaker Japanese yen and a…
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Western Digital Shares Drop Despite Strong Q3 Beat
Western Digital Corporation (NASDAQ:WDC) reported fiscal third-quarter results that exceeded Wall Street expectations, but its shares fell more than 7% in premarket trading on Friday. The stock had closed 5.27% higher on Thursday and had surged over 60% over the past month, driven by growing investor optimism. Elevated Expectations Weigh on Market Reaction With data…
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Reddit Shares Jump 17% Premarket as Revenue Strength and EBITDA Growth Outshine Earnings Miss
Reddit Inc (NYSE:RDDT) shares surged 17% in premarket trading on Friday after the company delivered a strong revenue beat for the first quarter. While diluted earnings per share of $1.01 came in below the analyst forecast of $1.11, investor focus shifted to the platform’s robust top-line growth of 69% year over year. Revenue and User…
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Apple Shares Edge Higher on Strong Results and “Remarkable” Margin Outlook
Apple (NASDAQ:AAPL) reported record-breaking revenue and earnings per share on Thursday, supported by a second consecutive quarter of more than 20% growth in iPhone sales. The update marks the company’s first earnings release since its unexpected CEO transition announcement. Shares rose nearly 3% in premarket trading on Friday after management projected second-quarter revenue growth of…
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Roblox Shares Tumble 22% Premarket After Cutting Bookings Forecast
Roblox Corp. (NYSE:RBLX) saw its shares plunge nearly 22% in premarket trading on Friday after the company sharply lowered its full-year bookings outlook, pointing to headwinds linked to its age-verification rollout, which has limited user interaction and slowed new user growth. Q1 Results Mixed as Engagement Metrics Miss Expectations The gaming platform reported first-quarter bookings…
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SanDisk Shares Slip Despite Strong Q3 Outperformance Driven by Datacenter Demand
SanDisk (NASDAQ:SNDK) reported a sharp surge in third-quarter revenue on Thursday, significantly exceeding Wall Street expectations as demand for datacenter products and stronger pricing supported results. The company posted revenue of $5.95 billion for the quarter, marking a 251% increase from the same period last year and comfortably surpassing analyst forecasts of $4.73 billion. Shares…
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Rivian Shares Decline Despite Q1 Beat and Expanded Georgia Plant Plans
Rivian (NASDAQ:RIVN) outlined its 2026 outlook on Thursday, forecasting annual vehicle deliveries of between 62,000 and 67,000 units. The electric vehicle maker expects adjusted EBITDA to come in between a loss of $2.10 billion and $1.80 billion, while capital expenditures are projected in the range of $1.95 billion to $2.05 billion. Q1 Results Top Expectations…