Category: Latest News
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Strong April payrolls data points to firmer Wall Street open: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures traded higher ahead of Friday’s opening bell, suggesting markets could recover after weakness in the previous session as investors reacted positively to stronger-than-expected labour market data. Futures extended gains following the release of the latest U.S. employment report from the Labor Department, which showed hiring accelerated sharply in April. According to the…
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Mobix Labs – The critical role of EMI filtering in civilian aviation communication
Modern civilian aircraft operate using highly advanced electronic systems that support navigation, radar, autopilot functionality, onboard monitoring systems, and constant communication with air traffic control. As aviation technology continues evolving toward more connected and data-driven systems, maintaining reliable electronic communication has become increasingly critical to passenger safety and operational efficiency. One of the key technologies…
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Cloudflare (NET) shares tumble despite earnings beat and higher annual outlook
Cloudflare Inc. (NYSE:NET) reported first-quarter results that exceeded Wall Street expectations and lifted its full-year guidance, but the company’s shares dropped sharply after management announced major workforce reductions and investors reacted to slower revenue momentum. Shares of the connectivity cloud company fell more than 16% in premarket trading Friday. Cloudflare posted adjusted earnings per share…
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TSMC posts strong April revenue growth driven by AI chip demand
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a solid increase in April revenue on Friday as continued demand for advanced artificial intelligence semiconductors supported sales growth. The world’s largest contract chip manufacturer said April revenue reached NT$410.73 billion ($13.08 billion), representing an increase of 17.5% compared with NT$349.57 billion recorded in the same month last year.…
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Coinbase (COIN) shares fall after crypto exchange posts quarterly loss
Coinbase Global (NASDAQ:COIN) moved to a quarterly loss in the first quarter of 2026 and reported revenue below Wall Street expectations, pressuring the cryptocurrency exchange’s shares in premarket trading Friday. Class A shares of Coinbase were down 2.2% before the opening bell. The company reported a loss of $1.49 per share for the quarter, compared…
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Block (XYZ) shares rally after earnings beat and stronger full-year outlook
Block Inc (NYSE:XYZ) posted first-quarter results that topped Wall Street profit expectations, sending the company’s shares up around 7% in premarket trading Friday after management raised its outlook for the full year. The financial technology company reported adjusted earnings per share of $0.85, exceeding analyst estimates of $0.68 by $0.17. Revenue came in at $6.06…
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Expedia (EXPE) shares slide despite earnings beat as outlook disappoints
Expedia Inc (NASDAQ:EXPE) reported first-quarter results that topped Wall Street expectations, but the online travel company saw its shares fall roughly 9% in premarket trading Friday after investors reacted negatively to weaker-than-expected revenue and bookings guidance. The company posted adjusted earnings per share of $1.96, surpassing analyst forecasts of $1.39 by $0.57. Revenue reached $3.43…
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CoreWeave (CRWV) shares decline after softer guidance and higher spending plans
CoreWeave (NASDAQ:CRWV) reported mixed first-quarter results on Thursday as surging demand for artificial intelligence infrastructure drove strong revenue growth, although losses widened significantly due to aggressive expansion spending. The company also increased its capital expenditure outlook for the year, while issuing second-quarter revenue guidance that came in below Wall Street expectations. Shares of CoreWeave were…
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Trade Desk (TTD) shares tumble after earnings miss and weaker outlook
Shares of The Trade Desk (NASDAQ:TTD) plunged more than 14% in premarket trading on Friday after the advertising technology company reported quarterly earnings below Wall Street expectations and issued weaker-than-anticipated guidance for the current quarter. For the first quarter, The Trade Desk posted adjusted earnings per share of $0.28, missing analyst forecasts of $0.32 per…
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Oil prices rebound as U.S.-Iran fighting resumes
Oil markets moved higher on Friday after fresh clashes erupted between the United States and Iran, raising fears over the stability of the fragile ceasefire and undermining expectations for progress toward reopening the Strait of Hormuz, a critical route for global oil and liquefied natural gas shipments. Brent crude futures gained 67 cents, or 0.67%,…