Category: Latest News
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Sonos Shares Rise After Smaller-Than-Expected Loss and Double-Digit Revenue Growth
Sonos Inc. (NASDAQ:SONO) shares climbed nearly 5% in premarket trading Wednesday after the company posted a narrower fourth-quarter loss and stronger revenue growth, driven by sustained speaker demand and tighter cost management. The audio technology company reported a loss of $0.06 per share, far better than Wall Street’s projected loss of $0.47 per share.Quarterly revenue…
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Joby Aviation Shares Climb as Company Kicks Off Power-On Testing for FAA-Certified Aircraft
Joby Aviation (NYSE:JOBY) shares rose 4.6% in premarket trading Wednesday after the electric air taxi maker announced the start of power-on testing for its first FAA-conforming aircraft, built for Type Inspection Authorization (TIA). This milestone marks a key advancement toward commercial certification, as TIA testing is one of the final stages in the Federal Aviation…
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U.S. Private Sector Hiring Surges More Than Expected in October
Private payroll growth in the United States picked up pace in October, rebounding more sharply than anticipated, according to data released Wednesday by ADP. The payroll firm reported that private sector employment increased by 42,000 positions last month, recovering from a revised decline of 29,000 jobs in September. Economists had forecast a smaller gain of…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Lower Open as Valuation Jitters and Tech Weakness Weigh
U.S. stock futures pointed to a muted open on Wednesday, with major indexes expected to extend their recent declines amid ongoing concerns about overheated valuations and renewed anxiety over a potential AI-driven market bubble. The Dow, S&P 500, and Nasdaq futures all hovered slightly below the flatline, signaling another cautious session after Tuesday’s widespread sell-off…
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Why Smart Crypto Investors Are Adding Blockchain Stocks to Their Portfolios
Digital assets are transforming finance. But owning Bitcoin alone might mean missing half the opportunity.The blockchain revolution needs infrastructure. While Bitcoin and Ethereum capture headlines, the companies building exchanges, mining operations, and payment rails are creating enormous value. Edison Investment Research’s latest analysis reveals why blockchain equities deserve a place alongside cryptocurrencies in forward-thinking portfolios.…
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Owens Corning Misses Q3 Earnings as U.S. Housing Weakness Weighs on Demand
Owens Corning (NYSE:OC) posted third-quarter results that fell short of Wall Street expectations, as softening residential demand in the U.S. dragged on sales across multiple product categories. Shares edged 0.2% higher in premarket trading Wednesday following the announcement. The company reported adjusted earnings of $3.67 per share, missing the analyst consensus of $3.74, while revenue…
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Bunge Global Beats Q3 Estimates as Viterra Integration Drives Revenue Growth
Bunge Global SA (NYSE:BG) delivered strong third-quarter results on Wednesday, with both earnings and revenue topping Wall Street expectations, even as the stock edged 1.5% lower in premarket trading following the announcement. The agribusiness major reported adjusted earnings per share of $2.27, well above analyst forecasts of $1.44, while revenue surged to $22.16 billion, far…
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ArcBest Tops Q3 Estimates as LTL Growth Offsets Freight Market Weakness
ArcBest Corporation (NASDAQ:ARCB) delivered third-quarter results that beat expectations on Wednesday, as growth in its less-than-truckload (LTL) operations helped counter ongoing softness in the broader freight market. The logistics and supply chain provider reported adjusted earnings of $1.46 per share, surpassing analyst forecasts of $1.38 per share. Revenue reached $1.05 billion, slightly above the $1.04…
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LivaNova Shares Gain 2% After Strong Q3 Results and Upgraded Full-Year Outlook
LivaNova PLC (NASDAQ:LIVN) shares climbed nearly 2% in premarket trading Wednesday after the medical technology firm delivered third-quarter earnings and revenue that beat Wall Street expectations and raised its full-year guidance. The cardiac and neurological device maker reported adjusted earnings of $1.11 per share, topping analyst estimates of $0.92, while revenue came in at $357.8…
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Louisiana-Pacific Misses Q3 Earnings but Slightly Tops Revenue Forecasts
Louisiana-Pacific Corporation (NYSE:LPX) reported mixed third-quarter 2025 results on Wednesday, with earnings missing analyst estimates but revenue coming in slightly ahead of expectations. The stock edged up 0.6% in premarket trading following the announcement. The building materials producer posted adjusted earnings of $0.36 per share, narrowly missing consensus projections of $0.38 per share. Quarterly revenue…