Category: Latest News
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Steel Dynamics forecasts Q1 2026 earnings of $2.73–$2.77 per share
Steel Dynamics Inc. (NASDAQ:STLD) announced first-quarter 2026 earnings guidance of $2.73 to $2.77 per diluted share in a statement released Monday. The projected range marks a notable increase from the company’s fourth-quarter 2025 earnings of $1.82 per diluted share and from $1.44 per diluted share reported in the first quarter of the previous year. The…
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Frontier Group revises Q1 2026 outlook amid higher fuel costs and storm disruptions
Frontier Group Holdings Inc. (NASDAQ:ULCC) has updated its guidance for the first quarter of 2026, noting stronger-than-expected revenue trends but also highlighting rising jet fuel costs and operational challenges linked to Winter Storm Iona. The airline holding company said it now expects an adjusted diluted loss per share between $0.32 and $0.44 for the quarter,…
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SelectQuote introduces franchise model for local insurance distribution
SelectQuote Inc. (NYSE:SLQT) has unveiled SelectQuote Local, a new franchise initiative designed to enable local representatives to offer the company’s senior health and life insurance products within defined regional markets. The insurance distribution company said the program is intended to complement its established phone-based sales model by giving customers the option to work directly with…
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Futures signal stronger start for Wall Street: Dow Jones, S&P, Nasdaq
U.S. stock index futures indicate a higher opening for markets on Tuesday, suggesting equities may continue the recovery seen in the previous session. The positive tone comes as investors try to look past recent volatility in crude oil prices tied to the intensifying conflict in the Middle East. Crude oil for April delivery is currently…
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Tesla, LG Energy Solution plan $4.3B battery factory in Michigan
Tesla (NASDAQ:TSLA) and LG Energy Solution are set to invest $4.3 billion to construct a battery manufacturing facility in Michigan, part of a broader effort to reinforce domestic energy supply chains, according to a U.S. government announcement. The new plant will be built in Lansing and is expected to begin producing lithium iron phosphate (LFP)…
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Uber shares rise after partnership with Nvidia for robotaxi expansion
Uber Technologies (NYSE:UBER) shares gained around 2% in premarket trading Tuesday after the company revealed a new collaboration with Nvidia (NASDAQ:NVDA) to launch robotaxis powered by the chipmaker’s autonomous driving technology, with initial deployments planned for Los Angeles and San Francisco in 2027. The two companies said the autonomous ride-hailing service is expected to expand…
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Beyond Meat shares fall after preliminary Q4 revenue miss and delayed annual filing
Beyond Meat (NASDAQ:BYND) said its preliminary fourth-quarter revenue fell short of Wall Street expectations and announced it will postpone filing its 2025 annual report as it reviews inventory levels, including potential provisions for excess and obsolete stock. Shares dropped about 5.6% in premarket trading Tuesday as of 04:31 ET. The stock has declined roughly 1.5%…
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Semtech Q4 earnings beat estimates and outlook tops forecasts, but shares dip
Semtech (NASDAQ:SMTC) reported fourth-quarter results that slightly exceeded analyst expectations and issued a first-quarter outlook ahead of forecasts, supported by ongoing demand for high-speed connectivity products used in data centers. Despite the stronger-than-expected results, the stock moved lower in premarket trading on Tuesday. Shares, which had gained 4.9% in Monday’s session, fell about 3.4% before…
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Tencent Music earnings miss forecasts despite strong revenue growth in Q4
Tencent Music Entertainment Group (NYSE:TME) reported fourth-quarter results on Tuesday that fell short of earnings expectations, even as revenue exceeded analyst forecasts, supported by continued expansion in its online music services. The company recorded adjusted earnings of RMB1.41 ($0.20) per American depositary share (ADS), below the analyst consensus estimate of RMB1.54 per ADS. Revenue, however,…
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Huya shares drop after fourth-quarter loss misses expectations
HUYA Inc. (NYSE:HUYA) shares declined about 4.6% on Tuesday after the company reported a fourth-quarter loss that came in worse than analysts had anticipated. The gaming-focused entertainment platform posted an adjusted loss of RMB0.04 per American depositary share (ADS), compared with analyst expectations for earnings of RMB0.20 per ADS. Quarterly revenue totaled RMB1.74 billion ($248.6…