Category: Latest News
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Wellgistics Health shares fall as Q3 loss deepens on higher compensation expenses
Wellgistics Health, Inc. (NASDAQ:WGRX) saw its stock decline 3.45% in pre-market trading on Thursday after the company reported a much larger third-quarter loss, driven primarily by a spike in stock-based compensation. The health IT firm posted a Q3 2025 net operating loss of $33.878 million, a dramatic widening from the $1.867 million loss recorded a…
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Liquidity Services tops Q4 estimates as GMV breaks past $1.5 billion for the first time
Liquidity Services (NASDAQ:LQDT) delivered a stronger-than-anticipated fourth-quarter performance on Thursday, with broad-based growth pushing its annual Gross Merchandise Volume (GMV) above $1.5 billion for the first time. Shares of the company climbed 1.52% following the results. The online marketplace operator reported adjusted EPS of $0.37, comfortably ahead of the $0.31 analysts were expecting. Quarterly revenue…
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Allot shares climb over 4% after cybersecurity strength fuels Q3 earnings beat
Allot Ltd. (NASDAQ:ALLT) moved sharply higher in premarket trading on Thursday, rising 4.45% after the company delivered a stronger-than-expected third-quarter update powered by rapid growth in its Security-as-a-Service (SECaaS) business and a notable improvement in profitability. The company posted adjusted EPS of $0.10, far ahead of the $0.04 analysts were expecting. Revenue reached $26.4 million,…
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Exact Sciences shares surge as Abbott officially announces $21B takeover
Exact Sciences (NASDAQ:EXAS) extended its rally on Thursday, jumping another 17% after soaring 24% the previous day. The renewed surge came after Abbott (NYSE:ABT) formally confirmed it will acquire the cancer diagnostics specialist in a deal worth roughly $21 billion. In premarket trading, Exact Sciences shares traded around $101, following Wednesday’s close of $86.18, a…
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IBM shares climb after unveiling quantum networking partnership with Cisco
IBM (NYSE:IBM) saw its stock rise 1.5% on Thursday after revealing a new strategic partnership with Cisco (NASDAQ:CSCO) aimed at building a next-generation network linking large-scale, fault-tolerant quantum computers. Cisco shares also advanced, adding 0.75% following the announcement. Under the agreement, the two companies will combine IBM’s quantum hardware and research leadership with Cisco’s deep…
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Walmart stock slips even as earnings top forecasts and guidance improves
Walmart Inc. (NYSE:WMT) posted stronger-than-expected third-quarter results on Wednesday, yet its shares still retreated 2.1% in the wake of the announcement. The retail giant recorded adjusted earnings of $0.62 per share, ahead of the $0.60 analysts were looking for. Revenue also surpassed expectations, coming in at $179.5 billion versus the consensus estimate of $177.45 billion.…
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Warner Music Group climbs 3% after posting record quarterly sales and expanding market share
Warner Music Group Corp. (NASDAQ:WMG) advanced nearly 3% in premarket trading on Thursday after the company unveiled quarterly revenue that hit an all-time high and surpassed Wall Street expectations, even as earnings fell short. The entertainment group reported fourth-quarter revenue of $1.87 billion, well above the $1.68 billion analysts had projected. Sales rose 15% year…
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U.S. Employment Increased More Than Expected In September
A long-overdue U.S. labor market update released Thursday revealed that hiring in September was far stronger than economists had anticipated. According to the Labor Department, nonfarm payrolls rose by 119,000 positions during the month, easily outpacing expectations and reversing a previously revised decline of 4,000 jobs in August. Forecasters had been looking for a more…
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Dow Jones, S&P, Nasdaq, Futures, Upbeat Nvidia Results Set the Stage for an Early Wall Street Rally
U.S. stock futures point to a sharply higher open on Thursday, signaling that equities may extend the momentum built in the prior session. The renewed strength comes as investors enthusiastically respond to long-awaited quarterly results from market heavyweight and AI standard-bearer Nvidia (NASDAQ:NVDA). Nvidia shares are up 5.1 percent in premarket trade after the chipmaker…
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Meta Ordered to Pay €479 Million to Spanish Media Groups in GDPR Case
A Spanish court has directed Meta (NASDAQ:META) to pay €479 million to a group of 87 digital publishers and news agencies, according to an official court statement released Wednesday. The judge concluded that Meta obtained a “significant competitive advantage” by serving targeted advertising on Facebook and Instagram in a manner that violated the EU’s General…