Category: Latest News
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Goldman Sachs Flags 2026 as a More Favourable Environment for Stock Pickers
Goldman Sachs believes market conditions in 2026 could become more supportive for stock pickers and active portfolio strategies, according to insights from the bank’s equity flow specialists. Analysis from the firm indicates that one-year at-the-money forward implied correlation levels are pointing to a market where individual stocks are likely to move more independently from one…
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Jefferies Sees Strong Backdrop for Gold Miners Heading Into 2026
Jefferies is constructive on the outlook for gold miners as the sector moves into 2026, citing favourable gold-market dynamics alongside expanding margins, manageable cost pressures and rising free cash flow, according to its December 2025 sector review. The brokerage said the key forces that underpinned gold prices through 2025 are expected to remain in place…
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U.S. Stocks Extend Rebound As Tech Leaders Continue To Recover
Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday’s session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going into the end of the day,…
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Dow Jones, S&P 500 and Nasdaq futures rise as Oracle jumps on TikTok deal and cooling inflation boosts Fed rate-cut bets
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a slightly higher open on Friday, with stocks likely to see further upside following the notable rebound seen in the previous session. Early buying interest may be generated in reaction to a sharp increase by shares of Oracle (NYSE:ORCL), as the software giant is…
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US Economic Calendar Highlights Existing Home Sales and Consumer Sentiment Data
The National Association of Realtor is scheduled to release its report on existing home sales in the month of November at 10 am ET. Existing home sales are expected to increase to an annual rate of 4.15 million in November from a rate of 4.10 million in October. Also at 10 am ET, the University…
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Nike Shares Slide 10% as Margin Pressures Overshadow Strong Q2 Results
Nike (NYSE:NKE) delivered fiscal second-quarter results that topped market expectations on both earnings and revenue, but concerns over shrinking margins and rising cost pressures triggered a sharp sell-off in the stock. The sportswear giant said improved performance in its North American business helped counter weaker demand in China, even as higher U.S. tariffs pushed up…
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Oracle Shares Surge on Momentum Around TikTok U.S. Deal and OpenAI Funding Talks
Oracle Corporation (NYSE:ORCL) shares climbed more than 5% in premarket trading on Friday after reports pointed to progress on a potential restructuring of TikTok’s U.S. business and renewed investor enthusiasm around artificial intelligence following fundraising discussions at OpenAI. According to media reports, TikTok owner ByteDance has agreed to divest more than 80% of the app’s…
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FedEx Beats Second-Quarter Forecasts on Efficiency Gains, Lifts Annual Guidance but Stock Dips
FedEx (NYSE:FDX) reported fiscal second-quarter results that exceeded market expectations on both earnings and revenue and increased its full-year outlook, pointing to firmer pricing, rising U.S. shipment volumes and continued progress on cost-saving initiatives. Despite the strong quarterly performance, the delivery group’s shares slipped 1.4% in premarket trading on Friday. Analysts suggested the market reaction…
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US Launches Review That Could Open Door to Nvidia AI Chip Exports to China
The Trump administration has begun an internal government review that may allow Nvidia (NASDAQ:NVDA) to resume shipping its advanced H200 artificial-intelligence chips to China, according to a Reuters report published Thursday, citing people familiar with the process. Nvidia’s shares gained 1.3% in premarket trading on Friday, rising by 04:23 ET, as investors reacted to the…
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Coty Agrees $750m Sale of Remaining Wella Interest to KKR
Coty (NYSE:COTY) is set to divest its remaining holding in the haircare brand Wella, selling the stake to private equity firm KKR (NYSE:KKR) for $750 million, according to a report by Bloomberg News on Friday. Under the terms of the transaction, Coty will also retain the right to participate in any future value creation, receiving…