Category: Latest News
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Baozun shares rise as earnings beat forecasts and profitability improves
Baozun Inc. (NASDAQ:BZUN) shares gained 1.77% in pre-market trading on Thursday after the e-commerce solutions provider delivered second-quarter earnings above expectations, while revenue came in slightly below Wall Street forecasts. The company reported adjusted earnings per ADS of RMB0.42 (US$0.06), exceeding consensus expectations. Revenue increased 7.5% year over year to RMB2.74 billion (US$404.3 million) from…
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Canadian Solar shares slip after Q2 earnings miss and cautious outlook
Canadian Solar Inc. (NASDAQ:CSIQ) shares fell 3.75% in pre-market trading on Thursday after the solar and energy storage company reported a wider-than-expected second-quarter loss and issued third-quarter revenue guidance below Wall Street forecasts. However, quarterly revenue came in slightly ahead of expectations. The company recorded a second-quarter loss of $1.40 per share, compared with the…
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Gaotu Techedu shares rise as Q2 revenue tops forecasts
Gaotu Techedu Inc. (NYSE:GOTU) shares gained 4.05% in pre-market trading on Thursday after the Chinese education technology company reported second-quarter revenue above Wall Street expectations, helping offset a weaker-than-anticipated earnings result. Revenue climbed 20.2% year over year to RMB1.67 billion from RMB1.39 billion, exceeding the analyst forecast of RMB1.62 billion. Adjusted loss per ADS came…
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Spruce Biosciences stock gains after analyst backs regulatory progress
Spruce Biosciences (NASDAQ:SPRB) stock advanced 4.1% in pre-market trading to $64 after H.C. Wainwright reiterated its Buy rating and $150 price target, highlighting encouraging regulatory progress ahead of a planned Biologics License Application for tralesinidase alfa enzyme replacement therapy (TA-ERT). The company recently completed two constructive pre-BLA meetings with the FDA, supporting plans to submit…
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Ultra Clean Holdings stock rebounds as investors return
Ultra Clean Holdings (NASDAQ:UCTT) shares climbed 6.1% in pre-market trading to $77.50 as investors moved back into the semiconductor subsystems supplier following a steep retreat from its 52-week high of $144.22. With no confirmed new company announcement driving today’s move, the advance appears to reflect a technical recovery supported by improving sentiment towards technology and…
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Lantronix stock surges as Q4 results beat expectations
Lantronix (NASDAQ:LTRX) shares jumped 15.3% in pre-market trading after the company delivered fiscal fourth-quarter 2026 results that surpassed revenue forecasts and outlined an upbeat outlook for the new financial year. Fourth-quarter revenue reached $31.2 million, rising 8% from a year earlier and coming in ahead of Wall Street expectations. Non-GAAP earnings per share of $0.04…
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Nvidia shares climb as 70% growth forecast signals AI investment boom has further to run
Nvidia (NASDAQ:NVDA) shares rose around 6% in premarket trading on Thursday after the chipmaker delivered a powerful long-term growth outlook, reinforcing expectations that global investment in artificial intelligence infrastructure will remain a major driver of demand for years to come. The company forecast revenue growth of 70% for its next fiscal year, ending January 2028,…
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Meta settlement puts fresh focus on global efforts to protect young social media users
Meta (NASDAQ:META) is facing renewed international scrutiny over protections for younger social media users after agreeing a settlement of up to $18 billion with nearly 50 US states, a development regulators say demonstrates that technology companies have tools available to strengthen online safeguards. The agreement, which addresses claims concerning the impact of Facebook and Instagram…
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CrowdStrike shares surge after Q2 beat and stronger fiscal 2027 outlook
CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares jumped around 8% in premarket trading on Thursday after the cybersecurity specialist delivered second-quarter results ahead of Wall Street expectations and raised its full-year forecasts. The company reported earnings of $0.31 per share, exceeding the analyst consensus of $0.29. Revenue reached $1.47 billion, also coming in ahead of expectations of…
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Salesforce shares surge as AI growth powers strong Q2 and upgraded outlook
Salesforce (NYSE:CRM) shares jumped 11% in US premarket trading on Thursday after the enterprise software group delivered second-quarter results ahead of Wall Street expectations, supported by rapidly expanding artificial intelligence demand, stronger profitability and robust cash generation. Adjusted earnings reached $5.90 per share, comfortably exceeding the analyst estimate of $3.27 by $2.63. Revenue rose 11%…