Author: Fiona Craig
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Dell shares jump 12% as booming AI server demand fuels record fourth-quarter performance
Dell Technologies (NYSE:DELL) shares climbed more than 12% in U.S. premarket trading on Friday after the company reported fourth-quarter results that exceeded expectations, driven by strong momentum in artificial intelligence infrastructure spending. The company posted adjusted earnings per share of $3.89, comfortably ahead of the analyst consensus forecast of $3.52. Quarterly revenue reached $33.4 billion,…
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Intuit beats earnings expectations, shares slip on weaker Q3 forecast
Intuit (NASDAQ:INTU) delivered fiscal second-quarter results that exceeded analyst expectations, but its outlook for the current quarter fell short of market forecasts, weighing on investor sentiment. Shares of the company declined about 4% in premarket trading on Friday following softer-than-expected guidance for fiscal Q3, despite closing 3.5% higher ahead of the earnings release. The stock…
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Netflix jumps after opting not to match Paramount Skydance’s bid for Warner Bros
Netflix Inc (NASDAQ:NFLX) said Thursday it will not increase its offer for Warner Bros Discovery Inc (NASDAQ:WBD) after Warner Bros concluded that a revised proposal from Paramount Skydance Corp (NASDAQ:PSKY) represents a superior offer under the terms of its existing merger agreement with the streaming group. Netflix shares climbed nearly 7% in premarket trading on…
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Oil Prices Slip as U.S.–Iran Talks Continue; Markets Monitor Rising Venezuelan Supply
Oil prices declined during Asian trading on Friday after the United States and Iran agreed to continue negotiations over Tehran’s nuclear program, while traders also assessed the potential impact of increasing Venezuelan crude exports on global supply balances. Brent crude futures for April delivery fell 0.4% to $70.48 per barrel, while U.S. West Texas Intermediate…
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Gold Holds Near $5,200/oz as Safe-Haven Demand Drives Strong February Performance
Gold prices were little changed during Asian trading hours on Friday and remained on track for solid monthly gains, supported by persistent safe-haven demand amid heightened geopolitical risks and ongoing economic uncertainty. Concerns surrounding U.S. trade policy shifts, alongside worries about slowing growth across major global economies, encouraged investors to favor defensive assets, allowing bullion…
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Bitcoin Slips Below $68K as Recovery Fades, On Track for Fifth Monthly Decline
Bitcoin (COIN:BTCUSD) moved lower on Friday, reversing part of its recent rebound from weekly lows as investor risk appetite remained subdued. The world’s largest cryptocurrency is now heading toward a fifth consecutive month of significant losses. The broader cryptocurrency market largely followed Bitcoin’s direction, with digital assets also poised for notable declines in February as…
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Paramount Poised to Win Warner Deal as Block Jumps — Key Market Movers: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures moved slightly lower on Friday as investors weighed fresh earnings from major technology companies and reassessed sentiment around artificial intelligence-driven trades. Paramount Skydance (NASDAQ:PSKY) appears set to prevail in the takeover contest for Warner Bros. Discovery (NASDAQ:WBD) after Netflix (NASDAQ:NFLX) withdrew its competing offer, while AI firm Anthropic entered a dispute…
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Akebia Therapeutics posts mixed Q4 results as revenue beats expectations despite EPS miss
Akebia Therapeutics (NASDAQ:AKBA) reported mixed fourth-quarter 2025 results, with revenue surpassing analyst forecasts while earnings per share fell short of expectations, as investors focused on improving commercial momentum and a stronger balance sheet. Shares of the kidney-disease drug developer rose sharply in premarket trading following the release, reflecting optimism around revenue growth and cash position…
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Eos Energy reports surging revenue growth, sets ambitious 2026 outlook amid operational turnaround
Eos Energy Enterprises (NASDAQ:EOSE) reported fourth-quarter and full-year 2025 results marked by rapid revenue expansion, improving operational efficiency and a strengthened balance sheet, as the U.S.-based long-duration energy storage developer targets a transition toward scalable, profitable growth. The company, which manufactures zinc-based battery storage systems domestically, delivered record quarterly revenue and introduced initial guidance for…
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Rackspace Technology narrows losses as cloud shift and AI strategy shape 2026 outlook
Rackspace Technology (NASDAQ:RXT) reported fourth-quarter and full-year 2025 results highlighting improving profitability and a strategic pivot toward enterprise cloud and artificial intelligence services, as the hybrid cloud provider positions itself for renewed growth in 2026. Chief Executive Officer Gajen Kandiah said the latest quarter marked a turning point for the company’s transformation efforts. “Q4 capped…