Category: Latest News
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Truist Shares Dip After Slight Q2 Earnings Miss
Truist Financial Corp. (NYSE:TFC) reported second-quarter 2025 results on Friday that narrowly missed Wall Street expectations, leading to a dip in its share price during premarket trading. The regional banking giant posted adjusted earnings per share of $0.91, just below analysts’ forecast of $0.92. Following the release, the stock slipped 1.42% in premarket action, reflecting…
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3M Shares Climb After Q2 Earnings Top Forecasts, Outlook Raised
Shares of 3M Co. (NYSE:MMM) rose 2.7% in premarket trading on Friday after the industrial giant delivered better-than-expected second-quarter results and boosted its full-year guidance, showing resilience despite ongoing tariff-related challenges. For the second quarter, 3M reported adjusted earnings per share of $2.16, beating Wall Street’s estimate of $2.01. Revenue climbed to $6.3 billion, topping…
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Sarepta Shares Sink After Patient Death in Early-Stage Gene Therapy Trial
Sarepta Therapeutics (NASDAQ:SRPT) saw its stock plummet in premarket trading Friday following the disclosure of a patient death linked to one of its gene therapy trials. According to Bloomberg, the incident occurred during an early-stage study targeting limb-girdle muscular dystrophy. A company spokesperson told Bloomberg that the patient passed away last month due to acute…
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Autoliv Tops Q2 Expectations, Raises Full-Year Organic Sales Growth Forecast
Autoliv (NYSE:ALV), the global leader in automotive safety systems, reported better-than-expected second-quarter results on both earnings and revenue, and raised its full-year outlook for organic sales growth. The Swedish company delivered earnings per share (EPS) of $2.16 for the second quarter, beating the analyst consensus of $2.02. Revenue rose by 4.2% year-over-year to $2.71 billion,…
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Interactive Brokers Beats Q2 Projections on Strong Trading Activity, Shares Rise
Interactive Brokers Group (NASDAQ:IBKR) reported impressive second-quarter earnings on Thursday, surpassing Wall Street expectations thanks to a significant increase in client trading and steady growth in net interest income. Shares jumped nearly 5% in premarket trading on Friday. The brokerage firm posted earnings per share of $0.51, exceeding the analysts’ forecast of $0.46. Revenue rose…
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Netflix shares dip slightly before market open despite raising annual revenue forecast and delivering strong Q2 results
Netflix (NASDAQ:NFLX) saw its shares edge down in premarket trading on Friday, following the release of its second-quarter earnings and updated outlook. Although the streaming giant posted solid results, the performance fell short of some analysts’ lofty expectations. Driven largely by the popularity of the concluding season of its blockbuster show “Squid Game,” combined with…
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Dow Jones, S&P, Nasdaq, U.S. futures rise as Netflix reports earnings; Michigan sentiment and crypto regulations in focus
U.S. stock futures climbed modestly on Friday as investors monitored earnings updates and awaited key economic data. Netflix (NASDAQ:NFLX) reported stronger-than-expected quarterly results but shares dipped after analysts noted the figures didn’t fully meet lofty expectations. Attention also turns to the upcoming consumer sentiment index, while Bitcoin rallied following the U.S. House’s approval of three…
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Dollar Dips Slightly But Eyes Weekly Gains on Robust U.S. Economic Reports
The U.S. dollar slipped modestly on Friday but was positioned to notch a second consecutive weekly gain as solid economic data reinforced expectations that the Federal Reserve may postpone interest rate cuts. At 04:15 ET (08:15 GMT), the Dollar Index, measuring the greenback against six major currencies, declined 0.4% to 98.100. Despite the drop, the…
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Gold Holds Steady as Dollar Strengthens; Platinum Shines with Weekly Surge
Gold prices remained mostly unchanged during early Asian trading on Friday, as strong U.S. economic data fueled a rally in the dollar and lifted risk sentiment, reducing the appeal of traditional safe-haven assets. At 05:16 GMT, spot gold hovered around $3,339.61 an ounce, while September gold futures stood at $3,344.62. Despite some midweek gains, the…
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Crude Oil Prices Flat Amid Iraq Strikes and Policy Uncertainty, Headed for Weekly Decline
Oil prices paused on Friday in Asian trading hours, holding on to recent gains fueled by escalating tensions in Iraq but still on track for a weekly loss as geopolitical and supply-side uncertainties persist. As of 21:56 ET (01:56 GMT), Brent crude futures for September delivery remained stable at $69.51 per barrel, while WTI crude…