ADVFN US – Market Content Editor
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U.S. Weekly Jobless Claims Unexpectedly Decline as Labour Market Stays Resilient
Initial Unemployment Claims Fall Below Expectations New data from the U.S. Labor Department showed an unexpected decline in first-time applications for unemployment benefits during the week ended July 4, pointing to continued resilience in the labour market. Initial jobless claims fell by 2,000 to 215,000 from the previous week’s revised total of 217,000. Economists had…
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Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, Nasdaq
Futures Signal Higher Opening for U.S. Markets U.S. stock index futures pointed to a firmer start on Thursday, with investors looking to build on the mixed finish from the previous session. Technology shares, particularly semiconductor companies, were expected to provide early support after helping the Nasdaq recover from steep losses on Wednesday to close slightly…
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PepsiCo Revenue Tops Forecasts as Global Volumes Strengthen (PEP)
PepsiCo Delivers Revenue Beat in Second Quarter PepsiCo (NASDAQ:PEP) reported second-quarter results that exceeded revenue expectations, although adjusted earnings per share came in just below Wall Street forecasts. Investors reacted positively, sending the stock around 1% higher following the announcement. Adjusted earnings were $2.20 per share, narrowly missing analysts’ consensus estimate of $2.21 by one…
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Nvidia H200 Chips Could Return to China as Beijing Weighs Limited Approval (NVDA)
Report Suggests China May Permit Limited H200 Chip Sales Nvidia (NASDAQ:NVDA) could regain limited access to the Chinese artificial intelligence market, according to a report from The Information, which said Beijing is considering allowing domestic companies to purchase a restricted number of the chipmaker’s H200 AI processors. The report says Chinese technology groups including Alibaba,…
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IBM Expands Bob AI Platform With Multi-Agent Features and Cost Management Tools (IBM)
IBM Enhances Bob With New AI Development Capabilities IBM (NYSE:IBM) has introduced a series of upgrades to its IBM Bob agentic software development platform, adding multi-agent functionality, integrated AI cost monitoring and new enterprise modernization workflows designed to simplify software development and legacy system transformation. Among the latest additions is Bobalytics, a feature that enables…
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Levi Strauss Shares Fall Despite Earnings Beat as Guidance Disappoints (LEVI)
Strong Quarterly Results Fail to Lift Shares Levi Strauss (NYSE:LEVI) shares fell nearly 5.8% in pre-market trading, slipping to $22.96 as investors focused on the company’s outlook despite better-than-expected second-quarter earnings. The apparel maker reported fiscal second-quarter 2026 adjusted earnings of $0.28 per share after the market closed on July 8, comfortably ahead of the…
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Paramount Delays Warner Bros Acquisition Closing as Oregon Review Continues (PSKY)
Closing Timeline Extended Pending Regulatory Review Paramount (NASDAQ:PSKY) has confirmed that it will not complete its proposed $110 billion acquisition of Warner Bros (NASDAQ:WBD) before 22 July, extending the expected closing timeline by at least another week as Oregon authorities continue reviewing the transaction. The announcement follows action by the Oregon Attorney General’s office, which…
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Rivian Raises $1.32 Billion Through Share Sale to Support DOE Financing (RIVN)
Rivian Completes Equity Offering Rivian Automotive (NASDAQ:RIVN) has successfully completed a public offering of 75 million Class A common shares priced at $15.50 each, with Goldman Sachs & Co. LLC acting as the lead underwriter. The transaction was expanded after the underwriting syndicate exercised its full overallotment option on 8 July 2026, purchasing an additional…
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Gold Edges Higher as Iran Tensions Fuel Inflation and Interest Rate Concerns
Gold prices moved modestly higher on Thursday, recovering part of the previous session’s losses as the U.S. dollar steadied and renewed military conflict in the Persian Gulf revived investor concerns about persistent inflation and the prospect of higher interest rates. Spot gold gained 0.7% to $4,104.22 an ounce, while U.S. gold futures also advanced 0.7%…
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Bernstein Keeps Aluminium Price Forecast Unchanged Despite Improving Supply Conditions
Bernstein has maintained its aluminium price forecast for the second half of 2026 at $3,100 per ton, despite easing supply concerns following the ceasefire around the Strait of Hormuz and a quicker-than-expected recovery in Middle Eastern production. Supply Recovery Reduces Geopolitical Risk Premium Aluminium prices climbed sharply between March and May as tensions surrounding the…