ADVFN US – Market Content Editor
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Wall Street Futures Slide as Technology Sell-Off Deepens and Oil Prices Surge: Dow Jones, S&P, Nasdaq
US stock futures pointed to a sharply lower opening on Friday, October 30, as renewed selling pressure in technology shares, disappointing corporate forecasts and rising oil prices weighed on investor sentiment. Nasdaq 100 futures plunged 2.7%, suggesting that technology stocks could extend the previous session’s losses. Intel (NASDAQ:INTC) and Amazon (NASDAQ:AMZN) were among the biggest…
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Why Is Robinhood Markets Stock Sliding 5.6% Today?
Robinhood Markets (NASDAQ:HOOD) shares fell 5.6% to $86.45 in premarket trading on Friday as investors continued to assess disappointing third-quarter 2026 earnings, a sharp decline in cryptocurrency trading revenue and growing uncertainty surrounding the company’s operating expenses and regulatory exposure. The trading platform reported record quarterly revenue of $1.42 billion, representing a 12% increase from…
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Why Is Mondelez International Stock Surging 6.1% Today?
Mondelez International (NASDAQ:MDLZ) shares surged 6.1% to $66.37 in premarket trading on Friday after the global snacks manufacturer reported stronger-than-expected third-quarter 2026 earnings, improving profit margins and accelerating sales volumes, while maintaining its full-year financial guidance. The company’s results, released after Thursday’s market close, showed adjusted earnings of $0.78 per share, comfortably exceeding Wall Street’s…
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Why Is Pinterest Stock Sliding 9.1% Today?
Pinterest (NYSE:PINS) shares fell 9.1% to $18.11 in premarket trading on Friday after the social media and visual discovery platform reported disappointing third-quarter 2026 earnings, missed revenue expectations and issued a weaker-than-anticipated outlook for the final quarter of the year. The company’s results revealed growing pressure on advertising revenue, particularly in Europe, where regulatory changes…
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Why Is Gilead Sciences Stock Surging 4.5% Today?
Gilead Sciences (NASDAQ:GILD) shares surged 4.5% to $172.99 in premarket trading on Friday after the biopharmaceutical company reported third-quarter 2026 earnings and revenue substantially above Wall Street expectations, raised its full-year sales outlook and recorded strong growth across its HIV treatment and prevention business. The company’s results, released after Thursday’s market close, showed adjusted earnings…
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Why Is Rivian Automotive Stock Surging 7.2% Today?
Rivian Automotive (NASDAQ:RIVN) shares surged 7.2% to $12.27 in premarket trading on Friday after the electric vehicle manufacturer reported third-quarter 2026 results that exceeded Wall Street expectations for revenue, earnings and gross profit, supported by record vehicle deliveries and an improved full-year outlook. The company’s stronger-than-expected performance helped restore investor confidence in its growth prospects…
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Why Is Roblox Stock Plunging 19% Today?
Roblox (NYSE:RBLX) shares plunged 19.1% in premarket trading on Friday after the online gaming platform reported its first year-over-year decline in daily active users and issued disappointing fourth-quarter guidance, overshadowing stronger-than-expected earnings and revenue. The company’s third-quarter 2026 results, released after Thursday’s market close, showed a larger-than-anticipated contraction in its user base, raising concerns about…
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Why Is Strategy Stock Falling Nearly 5% Today?
Strategy Inc (NASDAQ:MSTR) shares fell nearly 5% to $134.59 in premarket trading on Friday as investors reacted to disappointing quarterly revenue, the unexpected departure of its chief financial officer and a record cryptocurrency security breach that triggered a sharp decline in Bitcoin prices. The company reported third-quarter 2026 revenue of $125.4 million, below Wall Street…
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Why Is Coinbase Stock Falling 4.6% Today?
Coinbase Global (NASDAQ:COIN) shares declined 4.6% in premarket trading on Friday, pressured by concerns over the cryptocurrency exchange’s underlying financial performance and a record $6.3 billion security breach at rival Binance. The decline followed Coinbase’s third-quarter 2026 earnings announcement on Thursday evening, which initially sent shares approximately 2% lower in after-hours trading. Although the company…
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Sandisk Beats Fiscal Q1 Earnings Estimates, Raises Outlook and Announces 8-for-1 Stock Split
Sandisk Corporation (NASDAQ:SNDK) reported stronger-than-expected fiscal first-quarter earnings and revenue, supported by accelerating demand for high-performance memory products used in artificial intelligence applications and data centres. The semiconductor company’s results exceeded Wall Street forecasts, while its second-quarter guidance also surpassed analyst expectations. Sandisk additionally announced an eight-for-one forward stock split and continued substantial share repurchases.…