ADVFN US – Market Content Editor
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Netflix Faces Scrutiny Over Viewer Engagement and Revenue Growth Ahead of Third-Quarter Results
Netflix (NASDAQ:NFLX) is expected to face questions about subscriber engagement, revenue growth and its content strategy when it reports third-quarter financial results on Tuesday, as competition from alternative streaming platforms continues to increase. Analysts forecast that the company will report its slowest third-quarter revenue growth in three years, while recent industry data indicate a decline…
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Uber Secures Dismissal of £340 Million London Taxi Lawsuits
Uber Technologies (NYSE:UBER) said on Monday that it had successfully secured the dismissal of two lawsuits seeking approximately £340 million ($453 million) in damages over allegations concerning its private hire vehicle operating licence in London. The legal actions were brought in 2024 by thousands of London black cab drivers and two former private hire companies.…
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Intel Shares Rise Nearly 4% Following JPMorgan Upgrade and Tesla Foundry Agreement
Intel (NASDAQ:INTC) shares gained nearly 4% in premarket trading on Monday after JPMorgan upgraded the semiconductor manufacturer from Underweight to Neutral and the company disclosed an agreement to manufacture chips for Tesla (NASDAQ:TSLA) using its forthcoming 14A production process. The brokerage’s revised recommendation follows a decline of approximately 36% in Intel’s share price from its…
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Datadog Shares Rise 3.6% After Bernstein Upgrade and Price Target Increase to $350
Datadog (NASDAQ:DDOG) shares gained 3.6% in premarket trading on Monday after Bernstein SocGen Group upgraded the cloud monitoring software provider from Market Perform to Outperform and increased its price target to $350 from $237. The revised target represents an increase of approximately 48% and reflects a change in Bernstein’s assessment of Datadog’s growth prospects, particularly…
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Albertsons Seeks More Than $8 Billion From Kroger as Trial Over Failed Merger Begins
Albertsons Companies (NYSE:ACI) is set to begin presenting its case against Kroger (NYSE:KR) in a Delaware court on Monday, seeking more than $8 billion in damages related to the collapse of their proposed $24.6 billion merger. The US grocery retailer alleges that Kroger breached its contractual obligations by failing to take the steps necessary to…
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Cleveland-Cliffs Shares Rise Over 7% as Third-Quarter Earnings Exceed Expectations
Cleveland-Cliffs Inc. (NYSE:CLF) reported third-quarter 2026 adjusted earnings above analyst expectations on Monday, supported by higher steel prices and increased revenue compared with the previous year. Shares in the US steel producer rose more than 7% in premarket trading following the publication of its financial results. The company reported adjusted earnings per share of $0.28,…
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KKR Faces Potential EU Fine Over Information Provided During Italian Broadband Acquisition Review
KKR (NYSE:KKR) could face a fine of up to 1% of its annual worldwide turnover after European Union antitrust regulators raised objections concerning information supplied during the review of its acquisition of an Italian fixed broadband network business. The European Commission has issued a Statement of Objections to the US private equity firm, setting out…
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AI Financing Concerns and Major Technology Earnings Set Agenda for Markets This Week
Artificial intelligence investment, US interest rate expectations and quarterly corporate earnings are expected to remain central themes for financial markets this week, following a decline in technology shares and increased scrutiny of debt-funded AI infrastructure spending. Investors are assessing whether higher borrowing costs could affect the expansion plans of companies developing data centres, semiconductor technology…
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Nebius Shares Rise 3.6% in Premarket Trading Following Truist Rating and $10 Million AI Initiative
Nebius Group (NASDAQ:NBIS) shares gained 3.6% in premarket trading on Monday after Truist analysts reiterated their Buy rating on the company and Nebius announced a $10 million programme supporting artificial intelligence developers in Europe. The increase followed a period of selling pressure across AI infrastructure stocks, with Nebius shares declining approximately 21% over the previous…
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Starboard Value Sees Potential Upside in Skyworks Following Qorvo Merger, Bloomberg Reports
Activist investor Starboard Value believes Skyworks Solutions (NASDAQ:SWKS) could benefit from cost reductions and improved operating margins following its merger with Qorvo, according to a Bloomberg News report published on Monday. Citing people familiar with the matter, Bloomberg reported that Starboard considers the wireless semiconductor manufacturer’s shares undervalued following the completion of its acquisition of…