ADVFN US – Market Content Editor
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Fossil Group Shares Surge 16.9% as Third-Quarter Profit and Revenue Exceed Analyst Forecasts
Fossil Group (NASDAQ:FOSL) shares climbed 16.9% in premarket trading on Wednesday after the watch and accessories manufacturer reported third-quarter 2026 earnings and revenue above analyst expectations, alongside improved profitability and an increase in its full-year financial guidance. The company reported adjusted earnings of $0.19 per share, compared with analysts’ expectations for a loss of $0.10…
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Boyd Group Reports 28.2% Revenue Growth to $1.01 Billion in Q3, Below Analyst Expectations
Boyd Group Services Inc. (NYSE:BGSI) reported third-quarter 2026 revenue of $1.01 billion, representing a 28.2% increase from $790.2 million in the corresponding period of 2025, although the result fell slightly below analysts’ consensus estimate of $1.02 billion. The automotive collision repair services provider recorded adjusted earnings of $0.68 per share, compared with market expectations of…
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WisdomTree Reports $1.65 Billion in October Net Inflows as Assets Under Management Reach $166.85 Billion
WisdomTree, Inc. (NYSE:WT) reported net inflows of $1.654 billion during October 2026, bringing total net inflows for the first ten months of the year to approximately $15.2 billion, according to the asset manager’s latest monthly operating update. Total assets under management (AUM) stood at $166.85 billion as of October 31, compared with $168.93 billion at…
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Clarivate Expands IPOne Platform with Patent and Litigation Data Connectors for Anthropic’s Claude AI
Clarivate Plc (NYSE:CLVT) has expanded its IPOne intellectual property platform with new connectors providing access to Derwent patent information and Darts-ip litigation data through Anthropic’s Claude artificial intelligence assistant. The connectors are now listed on Anthropic’s marketplace, allowing intellectual property professionals to retrieve and analyse Clarivate’s proprietary information using natural language queries within Claude. The…
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Worksport Reports 44.2% Third-Quarter Revenue Growth to $7.23 Million, Below Analyst Estimates, shares drop
Worksport Ltd. (NASDAQ:WKSP) reported third-quarter 2026 revenue of $7.23 million, representing a 44.2% increase from $5.0 million in the corresponding period of 2025, although the result fell below analysts’ expectations of $12.5 million. Shares of the company declined 5.12% in premarket trading on Wednesday following the release of its financial results. Worksport recorded a quarterly…
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Phoenix New Media Reports 8.3% Revenue Growth to RMB217.6 Million in Third Quarter as Paid Services Expand
Phoenix New Media Limited (NYSE:FENG) reported an 8.3% increase in third-quarter 2026 revenue to RMB217.6 million ($32.5 million), compared with RMB200.9 million in the corresponding period of 2025, supported by growth in paid digital services. The Chinese digital media company’s shares were unchanged in after-hours trading following the announcement of its financial results. Phoenix New…
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CoreWeave Raises 2026 Revenue Forecast to $13.3 Billion as AI Infrastructure Spending Increases
CoreWeave (NASDAQ:CRWV) raised its full-year 2026 revenue and adjusted operating income forecasts on Tuesday, citing demand for artificial intelligence computing infrastructure, while increasing its planned capital expenditure to support additional data centre capacity. Shares of the Nvidia-backed cloud infrastructure provider advanced more than 16% in premarket trading on Wednesday following the announcement. The company now…
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TSMC Approves Up to $1 Billion Investment in Anthropic and OpenAI as October Sales Rise 60%
Taiwan Semiconductor Manufacturing Company (NYSE:TSM), commonly known as TSMC, has received board approval to invest up to a combined $1 billion in artificial intelligence companies Anthropic (NASDAQ:ANT) and OpenAI (NASDAQ:OAI), expanding its financial exposure to two developers of advanced AI models. Shares of the Taiwanese semiconductor manufacturer rose more than 4% on Wednesday, following separate…
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RWE and KKR Finalise £12 Billion Partnership for 2.8 GW UK Offshore Wind Projects
RWE and KKR (NYSE:KKR) have completed a 50:50 joint venture to develop the Vanguard West and Vanguard East offshore wind farms in the British North Sea, with a combined planned generation capacity of approximately 2.8 gigawatts (GW). The two projects represent an investment of approximately £12 billion, covering the construction of the wind farms and…
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Stellantis’ Maserati Reportedly in Talks with Huawei and JAC Motors Over Electric Vehicle Partnership
Stellantis (NYSE:STLA) could announce a partnership between its Maserati luxury car division, Huawei and Chinese automaker JAC Motors on December 10, according to Chinese media reports cited by Italian investment firm Equita. The proposed collaboration would focus on developing electric vehicles, with the first model potentially entering production in 2027. The reported agreement has not…