Category: Latest News
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Tesla Begins Cybercab Rides in Austin as NHTSA Evaluates Rollout
Tesla (NASDAQ:TSLA) said it has begun offering rides in its two-seat Cybercab in limited areas of Austin, Texas, as the U.S. National Highway Traffic Safety Administration said it was evaluating the company’s latest driverless vehicle activity. The Cybercab does not have a steering wheel or pedals and is intended to become a central part of…
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U.S. Stock Futures Fall After August Payrolls Exceed Expectations: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures moved lower on Friday after August employment data showed job growth exceeding expectations, prompting investors to reassess the outlook for Federal Reserve interest rates. Nonfarm payroll employment increased by 162,000 jobs in August after an upwardly revised gain of 21,000 in July, according to the Labor Department. Economists had expected an…
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U.S. Nonfarm Payrolls Rise by 162,000, Exceeding Expectations
U.S. nonfarm payrolls increased by 162,000 in the latest reporting period, exceeding forecasts for an increase of 55,000 and accelerating from the 21,000 jobs added in the previous month. The latest figures indicate a faster pace of employment growth compared with both market expectations and the prior period, providing investors with new information on the…
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Bitcoin Rises Above $81,000 as Rate Hike Expectations Ease
Bitcoin (COIN:BTCUSD) rose sharply on Friday, extending its recent gains as expectations for a near-term U.S. interest rate increase declined and investors assessed comments on cryptocurrency regulation from U.S. officials. Bitcoin gained 4.3% to $81,069.6 by 05:28 ET (09:28 GMT), after briefly trading above $82,000 during the previous session, its highest level in almost four…
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Oxford Industries Shares Fall 14.3% After Full-Year Guidance Cut
Oxford Industries (NYSE:OXM) shares fell 14.3% in pre-market trading to $31.40 after the apparel company lowered its full-year earnings outlook alongside its second-quarter fiscal 2026 results. Adjusted earnings per share for the quarter were $1.34, slightly above the consensus estimate of $1.30. Revenue reached $394.4 million, also marginally ahead of analyst expectations. The company’s forward…
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Asana Shares Fall 10.9% as Q3 Outlook Follows Q2 Earnings Beat
Asana (NYSE:ASAN) shares fell 10.9% in pre-market trading after the work management software company reported second-quarter fiscal 2027 revenue and adjusted earnings above expectations but issued third-quarter guidance that came in below some analyst forecasts. Second-quarter revenue reached $216.4 million, an increase of 10% from a year earlier and above the upper end of the…
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SunPower Shares Fall 17.2% Following $26.2 Million Private Placement
SunPower Inc (NASDAQ:SPWR) shares fell 17.2% in pre-market trading as investors assessed a $26.2 million equity private placement announced the previous evening. The transaction is expected to settle at an issuance price of $0.2541 per share, compared with the previous closing price of $0.402. The placement is led by Foris Ventures, the family office of…
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eGain Shares Drop 22.5% After Fiscal 2027 Outlook Points to Lower Revenue
eGain Corporation (NASDAQ:EGAN) shares fell 22.5% in pre-market trading to $5.51 after the company reported fiscal fourth-quarter and full-year 2026 results and issued guidance indicating lower revenue and adjusted EBITDA for fiscal 2027. The results, released after the market close on September 3, showed fourth-quarter revenue of $22.2 million, down 4% from the same period…
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Concrete Pumping Shares Jump 17.4% After Q3 Results Beat Expectations and Guidance Raised
Concrete Pumping Holdings (NASDAQ:BBCP) Class A shares rose 17.4% in pre-market trading to $10.62 after the company reported fiscal third-quarter 2026 earnings and revenue above analyst expectations, raised its full-year guidance and announced its first recurring quarterly dividend. Revenue for the quarter increased 13% year over year to $116.8 million, exceeding the consensus estimate of…
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AMC Entertainment Shares Rise 9.1% Following Leawood Films Distribution Launch
AMC Entertainment (NYSE:AMC) shares rose 9.1% in pre-market trading as investors assessed the cinema operator’s recently announced Leawood Films distribution venture alongside its latest financial performance. AMC announced Leawood Films after the market close on August 31, 2026. The new distribution business will focus on films that are either fully financed by their filmmakers or…