Category: Latest News
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Cooling Greenland Dispute Seen Supporting Further Gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures were pointing higher ahead of Thursday’s open, suggesting equities could extend the strong rebound recorded in the previous session. Markets appear to be drawing support from easing tensions surrounding President Donald Trump’s push to gain control of Greenland. On Wednesday, Trump ruled out the use of military force and later said…
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U.S. Jobless Claims Edge Higher but Remain Below Expectations
First-time applications for U.S. unemployment benefits rose slightly in the latest week, according to data released Thursday by the Labor Department. Initial jobless claims increased to 200,000 in the week ended January 17, up by 1,000 from the prior week’s revised figure of 199,000. Economists had been expecting a larger rise, with forecasts centered around…
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U.S. Q3 2025 Growth Revised Higher on Stronger Exports and Investment
The U.S. economy expanded a touch faster than previously thought in the third quarter of 2025, according to updated figures released Thursday by the Commerce Department. Revised data showed real gross domestic product increased at an annualised rate of 4.4% in the third quarter, slightly above the earlier estimate of 4.3%. Economists had largely anticipated…
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Old Republic shares slip after Q4 earnings fall short despite higher revenue
Old Republic International Corporation (NYSE:ORI) reported fourth-quarter results on Thursday that missed profit expectations even as revenue came in ahead of forecasts, prompting a decline in its shares. The insurer’s stock eased 1.90% in pre-market trading following the update. Old Republic posted adjusted earnings per share of $0.74 for the fourth quarter of 2025, well…
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Invivyd shares edge higher on education campaign with Olympic star Lindsey Vonn
Invivyd (NASDAQ:IVVD) shares gained 2.2% after the company revealed a new partnership with Olympic gold medalist Lindsey Vonn to support a nationwide educational initiative focused on antibodies. The campaign, scheduled to roll out in spring 2026, will see Vonn act as the public face of the programme, coinciding with her expected return to competitive skiing…
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LSI Industries shares inch higher after Q2 results come in broadly in line
LSI Industries Inc. (NASDAQ:LYTS) reported fiscal second-quarter results on Thursday that were largely in line with market expectations, with revenue coming in slightly ahead of forecasts despite tough year-on-year comparisons. Shares in the commercial lighting and display solutions group rose 1.67% in pre-market trading following the announcement. LSI posted adjusted earnings per share of $0.26,…
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Mobileye shares slide as weak Q4 earnings outweigh revenue surprise
Mobileye Global Inc. (NASDAQ:MBLY) shares dropped more than 6% in premarket trading on Thursday after the autonomous driving specialist reported fourth-quarter earnings that fell well short of expectations, overshadowing a modest revenue beat. Mobileye posted adjusted earnings per share of $0.06 for the fourth quarter of 2025, far below the $0.24 forecast by analysts. Revenue…
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Cadence Bank posts Q4 earnings beat on solid loan and deposit growth
Cadence Bank (NYSE:CADE) reported stronger-than-expected fourth-quarter results on Thursday, delivering adjusted earnings of $0.85 per share, ahead of the $0.78 forecast by analysts. Revenue reached $528.41 million, topping the consensus estimate of $524.85 million. The better-than-anticipated performance lifted the bank’s shares by 1.38% in pre-market trading. The Houston-based lender recorded record quarterly adjusted net income…
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Janux Therapeutics jumps on new collaboration with Bristol Myers Squibb
Janux Therapeutics (NASDAQ:JANX) shares rose about 12% on Thursday after the clinical-stage biotech announced a collaboration and exclusive global licensing deal with Bristol Myers Squibb (NYSE:BMY). The agreement centres on the development of a previously undisclosed tumor-activated therapy aimed at a well-validated solid-tumor antigen found across multiple cancer types. Under the terms, Janux will be…
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Atlantic Union Bankshares tops Q4 forecasts on margin gains and acquisition integration
Atlantic Union Bankshares Corporation (NYSE:AUB) reported fourth-quarter adjusted results on Thursday that came in ahead of market expectations, supported by lower deposit costs and smooth integration of its Sandy Spring Bancorp acquisition. The regional lender’s shares were up 0.23% in pre-market trading following the release. Adjusted operating earnings reached $0.97 per share, beating the analyst…