Category: Latest News
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Intuit rises as OpenAI alliance paves way for new AI-driven financial tools
Intuit Inc. (NASDAQ:INTU) traded sharply higher in pre-market dealings on Tuesday, climbing about 6% after unveiling a new multi-year partnership with OpenAI aimed at building a suite of financial intelligence applications inside ChatGPT. Under the agreement, ChatGPT users will be able to take real financial actions using Intuit-powered tools embedded directly in the interface. These…
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Navios Maritime Partners climbs nearly 3% after posting stronger-than-expected Q3 results
Navios Maritime Partners L.P. (NYSE:NMM) traded higher on Tuesday after the shipping group delivered third-quarter earnings that topped market forecasts, bolstered by firm charter rates and continued progress on its fleet renewal strategy. Shares were up 2.72% in pre-market action as investors welcomed the update. The operator of dry bulk and tanker vessels reported adjusted…
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Ultralife drops 5% after Q3 earnings and revenue come in below forecasts
Ultralife Corporation (NASDAQ:ULBI) saw its shares sink 5.05% in pre-market trading on Tuesday after the company posted third-quarter results that fell short of Wall Street expectations, despite reporting solid year-over-year revenue growth. For the quarter ending September 30, 2025, Ultralife reported an adjusted loss of $0.07 per share, a sharp miss compared to analyst projections…
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Canaan jumps 5% after delivering massive revenue beat despite deeper loss
Canaan Inc. (NASDAQ:CAN) rallied in pre-market trading on Tuesday, rising 5.51%, after the crypto-mining hardware maker reported third-quarter revenue that blew past Wall Street forecasts—even as its quarterly loss proved much steeper than expected. The company posted revenue of $150.48 million, easily topping the consensus estimate of $129.95 million and more than doubling year over…
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Aecom climbs over 2% after topping Q4 profit expectations despite softer revenue
Aecom (NYSE:ACM) posted stronger-than-anticipated fourth-quarter earnings on Tuesday, sending its shares up 2.49% in pre-market trading, even though quarterly revenue landed slightly below Wall Street estimates. The engineering and infrastructure consultancy reported adjusted earnings of $1.36 per share, edging past consensus forecasts of $1.34. Quarterly revenue came in at $4.18 billion, short of the $4.32…
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Medtronic tops Q2 forecasts and boosts full-year guidance on robust cardiovascular gains
Medtronic plc (NYSE:MDT) delivered stronger-than-expected results for the second quarter of fiscal 2026 and lifted its full-year outlook, powered by exceptional growth in its cardiovascular business and continued momentum across multiple product lines. Adjusted earnings per share came in at $1.36, ahead of the $1.31 analysts projected. Revenue reached $9 billion, topping expectations of $8.87…
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Ituran Location & Control beats Q3 revenue forecasts, boosts subscriber base by 40,000
Ituran Location & Control Ltd. (NASDAQ:ITRN) reported stronger-than-expected third-quarter revenue on Tuesday, although earnings landed just shy of analyst projections. The company added 40,000 net subscribers in the period, lifting its total base to 2.59 million users. Revenue reached $92.3 million, ahead of the $88.89 million analysts anticipated and up 11% from a year earlier.…
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Dow Jones, S&P, Nasdaq, Futures signal another weak session for Wall Street
U.S. stock index futures were under pressure early Tuesday, suggesting that the market may extend the previous session’s slide, with tech shares once again at the center of the downturn. The ongoing selloff in mega-cap tech — especially market heavyweight and AI frontrunner Nvidia (NASDAQ:NVDA) — continues to drag sentiment lower. Nvidia shares were down…
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Home Depot shares slip as Q3 earnings come up short despite revenue beat
Home Depot (NYSE:HD) posted mixed third-quarter results on Tuesday, delivering higher-than-expected revenue but missing profit forecasts—sending the stock down 1.8% in early trading. The home improvement giant continues to face headwinds tied to consumer caution and a sluggish housing backdrop. The company reported adjusted EPS of $3.74, falling below Wall Street’s expected $3.84. Revenue reached…
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EU opens cloud computing investigations into Microsoft and Amazon under the DMA
The European Commission has initiated three separate inquiries into the cloud computing sector under the framework of the Digital Markets Act (DMA), placing Amazon Web Services and Microsoft Azure under scrutiny. Two of the probes will examine whether Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) should be formally designated as gatekeepers for their cloud services— a label…