ADVFN US – Market Content Editor
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AI Stocks Diverge as Democratic Election Victory Sparks Rotation Into Cloud Giants
US technology stocks experienced a significant shift in investor positioning on Wednesday, as the Democratic Party’s election victory raised concerns about potential restrictions on new data centre developments. Investors moved toward established cloud computing companies while reducing exposure to semiconductor manufacturers and AI infrastructure developers. Amazon (NASDAQ:AMZN) climbed 6.1%, Microsoft (NASDAQ:MSFT) advanced 6.7%, Alphabet (NASDAQ:GOOG)…
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Goldman Sachs Cuts Gold Price Forecasts as Hawkish Federal Reserve Weighs on Demand
Goldman Sachs has lowered its gold price forecasts for the end of 2026 and 2027, citing the Federal Reserve’s increasingly hawkish monetary policy stance and its impact on investor demand. However, the investment bank maintained a positive longer-term outlook, supported by substantial central bank purchases. Strategists led by Lina Thomas reduced their end-2026 gold price…
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Citi Raises AI Revenue Forecasts Through 2028 as Cloud Demand Accelerates
Citi has increased its artificial intelligence service revenue forecasts for 2026 through 2028, citing sustained demand for AI services and stronger monetisation across major cloud computing providers. The investment bank raised its AI revenue estimates by 9% for 2026, 7% for 2027 and 17% for 2028, reflecting expectations for continued expansion in AI-related cloud services.…
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Tech Rebounds From Brutal Selloff as Strong Jobs Data Keeps Fed Rate Hike in Play
U.S. stocks ended a volatile week on a mixed note on Friday, with technology shares bouncing back from Thursday’s sharp AI-driven rout while the Dow Jones Industrial Average slipped. A much stronger-than-expected October jobs report pushed Treasury yields higher and kept investors focused on the possibility that the Federal Reserve raises interest rates in December.…
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Phio Pharmaceuticals Reports Third Quarter 2026 Financial Results and Business Update as It Advances PH-762 Toward Phase 2b Study Initiation
PH-762 Program Accomplishes Major Development Milestones Including Completion of Commercial-Scale cGMP Manufacturing, Treatment in Long-Term Toxicology Study, and Submission of Key Regulatory Documents to FDA King of Prussia, Pennsylvania – Phio Pharmaceuticals Corp. (NASDAQ:PHIO), a clinical-stage biopharmaceutical company developing therapeutic products based on its proprietary INTASYL® gene-silencing technology to eliminate cancer, today reported financial results…
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S&P 500 warning signal persists as tech stocks weaken
Bruce Campbell examines weakening technology stocks, improving defensive sectors and a persistent S&P 500 warning signal in Markets in Motion.
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AST SpaceMobile to Develop Blacklift Rocket Using Firefly Aerospace Engines in $1.3 Billion Agreement
AST SpaceMobile, Inc. (NASDAQ:ASTS) has announced plans to develop its own reusable rocket, named Blacklift, to launch BlueBird communications satellites into low Earth orbit, using engines supplied by Firefly Aerospace (NASDAQ:FLY). The 20-ton rocket is designed to carry up to five BlueBird satellites per launch, with operations expected to begin in late 2028. The project…
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lululemon Unveils Ventscape Run Vest Designed to Improve Comfort During Cold-Weather Running
lululemon (NASDAQ:LULU) has introduced its new Ventscape PrimaLoft ThermoPlume+ Run Vest, designed to regulate body temperature during cold-weather running, with a global launch scheduled to begin in December 2026. The athletic apparel company unveiled the product at the 2026 China International Import Expo, highlighting its patent-pending construction that combines insulation with strategically positioned mesh panels…
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AITX Subsidiary RAD Secures Fourth ROAMEO Security Robot Order From Global Logistics Customer
Artificial Intelligence Technology Solutions, Inc. (USOTC:AITX) announced that its wholly owned subsidiary, Robotic Assistance Devices (RAD), has received an order for a fourth ROAMEO autonomous security patrol vehicle from an existing global logistics customer. The latest order follows the deployment of two ROAMEO units at the customer’s facilities, with a third installation currently underway. The…
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AirSculpt Technologies Cuts 2026 Guidance as Q3 Revenue Falls 8.7% to $31.9 Million
AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported an 8.7% decline in third-quarter revenue and reduced its full-year 2026 financial guidance, citing weaker-than-expected performance at its body contouring business. Revenue for the quarter ended September 30, 2026, fell to $31.9 million from $35.0 million a year earlier, while same-store procedure volume declined 9.6% to 2,483 cases. The company…