ADVFN US – Market Content Editor
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US Job Growth Surges in October as Payrolls Beat Forecasts and Unemployment Falls to 4.1%
The US labour market delivered a stronger-than-expected performance in October, with employment growth significantly exceeding economists’ forecasts and the unemployment rate declining, according to figures released by the Labor Department on Friday. Non-farm payroll employment increased by 165,000 jobs during the month, substantially above the 62,000 new positions anticipated by economists. The latest figures also…
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US Stock Futures Mixed After Wall Street Sell-Off as Strong Jobs Data Fails to Ease AI Concerns: Dow Jones, S&P, Nasdaq
US stock futures pointed to a mixed opening on Friday following a sharp decline on Wall Street in the previous session, as investors weighed stronger-than-expected employment figures against concerns over artificial intelligence valuations and potential regulatory changes following the midterm elections. Nasdaq 100 futures advanced 1.3%, suggesting a potential recovery in technology shares, while Dow…
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Moderna Shares Jump 10% as Q3 Earnings Beat Forecasts and Revenue Outlook Improves
Moderna Inc. (NASDAQ:MRNA) shares surged 10% after the biotechnology company reported stronger-than-expected third-quarter 2026 earnings and revenue, raised its full-year sales growth forecast and increased its projected year-end cash balance. The company posted adjusted earnings of $0.38 per share, substantially exceeding analysts’ expectations for a loss of $1.09 per share. Revenue increased 29% year over…
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Sylvamo Shares Jump Nearly 12% as Q3 Earnings Beat Estimates and Company Plans European Business Sale
Sylvamo Corporation (NYSE:SLVM) shares surged 11.9% after the paper manufacturer reported third-quarter 2026 adjusted earnings above Wall Street expectations, despite revenue falling short of forecasts. The company also announced a potential sale of its European operations as part of a strategy to streamline its business. Adjusted earnings reached $1.33 per share, exceeding analysts’ consensus estimate…
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TELUS Reports Q3 Earnings Miss and C$660 Million Net Loss, Unveils C$900 Million Cost Savings Plan
TELUS Corporation (NYSE:TU) reported third-quarter 2026 earnings below analyst expectations despite revenue exceeding forecasts, as the Canadian telecommunications company outlined a restructuring strategy focused on reducing debt, improving efficiency and strengthening its core operations. Adjusted earnings were C$0.16 per share, slightly below the consensus estimate of C$0.17. Revenue declined 2% year over year to C$5.02…
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Vistra Shares Rise 5% as Q3 Profit Surges Despite Revenue Miss, Raises 2026 Outlook
Vistra Corp. (NYSE:VST) shares gained approximately 5% in premarket trading after the power generation company reported strong third-quarter 2026 profit growth and raised its full-year earnings guidance, despite revenue falling short of Wall Street expectations. Quarterly revenue increased 28% year over year to $6.35 billion, compared with $4.97 billion in the third quarter of 2025.…
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Under Armour Beats Q2 Earnings Estimates Despite 7% Revenue Decline, Maintains Fiscal 2027 Outlook
Under Armour Inc. (NYSE:UAA) reported better-than-expected second-quarter fiscal 2027 results, with adjusted earnings reaching breakeven despite declining sales across its major markets and product categories. The sportswear company maintained its full-year guidance as it continues implementing operational improvements and brand restructuring initiatives. For the quarter ended September 30, 2026, adjusted earnings were $0.00 per share,…
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Robo.ai Reports Over $280 Million in Revenue and Targets $600 Million for 2026
Robo.ai Inc. (NASDAQ:AIIO), a Dubai-based technology company, reported revenue exceeding $280 million for the June-to-September 2026 period and outlined a full-year revenue target of approximately $600 million, according to a shareholder letter issued by Chief Executive Officer Benjamin Zhai. The company also announced plans to avoid entering into new equity-linked financing agreements with variable pricing,…
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Atmus Filtration Shares Rise 2% as Q3 Earnings Beat Estimates and 2026 Guidance Increases
Atmus Filtration Technologies Inc. (NYSE:ATMU) reported stronger-than-expected third-quarter 2026 earnings and raised its full-year financial outlook, supported by acquisition-related growth, higher sales volumes and improved pricing. Shares advanced 2% following the announcement. The filtration technology company posted adjusted earnings of $0.77 per share, exceeding analysts’ consensus estimate of $0.70. Revenue increased 13.9% year over year…
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Elanco Animal Health Shares Jump 7.6% as Q3 Earnings Beat Forecasts and Company Raises 2026 Outlook
Elanco Animal Health Incorporated (NYSE:ELAN) reported stronger-than-expected third-quarter 2026 earnings and revenue, prompting the animal healthcare company to increase its full-year financial guidance. Shares climbed 7.6% following the announcement. Adjusted earnings reached $0.27 per share, exceeding analysts’ consensus estimate of $0.21. Revenue increased 11% year over year to $1.26 billion, ahead of expectations of $1.21…