Category: Latest News
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American Outdoor Brands Shares Jump 24.4% After Q1 Results Beat Expectations
American Outdoor Brands (NASDAQ:AOUT) shares rose 24.4% in pre-market trading after the company reported first-quarter fiscal 2027 results that exceeded analyst expectations and raised its full-year adjusted EBITDA guidance. Net sales for the quarter reached $37.3 million, an increase of 25.4% from the same period a year earlier. Non-GAAP earnings per share were $0.03, compared…
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Rich Sparkle Holdings Shares Jump 22.4% in Pre-Market Trading
Rich Sparkle Holdings Ltd (NASDAQ:ANPA) shares rose 22.4% in pre-market trading to $4.75, with no new company announcement identified as a catalyst for the move. The share-price increase occurred in a stock described as having a relatively low public float and a history of substantial price volatility. In the absence of new company-specific developments, the…
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SpaceX and Tesla Shares Rise as Musk’s Wealth Increases by About $70 Billion
SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA) shares advanced on Thursday, with SpaceX gaining 6.42% and Tesla rising 5.42% during the session. The increases coincided with separate developments at the two companies, including preparations for SpaceX’s Starship Flight 14 test and Tesla’s Cybercab launch event in Austin, Texas. The gains also increased the value of Elon Musk’s…
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Adobe Shares Fall After CEO Succession and Executive Departure
Adobe (NASDAQ:ADBE) shares fell 3.4% in pre-market trading to $276 after the software company announced a leadership transition following Thursday’s market close, naming Anil Chakravarthy as its next president and chief executive. Chakravarthy will take over on December 1, 2026, succeeding Shantanu Narayen, who has led Adobe for more than 18 years. Narayen will move…
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Lululemon Shares Fall 17% After FY2026 Guidance Cut Despite Q2 Earnings Beat
Lululemon Athletica Inc. (NASDAQ:LULU) shares fell more than 17% in pre-market trading on Friday after the athletic apparel retailer lowered its fiscal 2026 guidance again, despite reporting second-quarter adjusted earnings above analyst expectations. Adjusted earnings per share were $2.92, exceeding the analyst consensus of $1.82. The figure included $0.86 per share from tariff refunds and…
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Zscaler Shares Fall as FY2027 Growth Guidance Draws Attention
Zscaler (NASDAQ:ZS) shares fell 4.2% in pre-market trading after the cloud cybersecurity company reported fiscal fourth-quarter 2026 results above analyst expectations but issued guidance indicating slower growth in fiscal 2027. Fourth-quarter revenue reached $898.2 million, an increase of 25% from the same period a year earlier and above the consensus estimate of $877 million. Adjusted…
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Planet Labs Shares Jump After Q2 Results Beat Expectations
Planet Labs PBC (NYSE:PL) shares rose 14.1% in pre-market trading after the company reported fiscal second-quarter 2027 results that exceeded analyst expectations for revenue and adjusted earnings. Quarterly revenue reached a record $116.1 million, an increase of 58% from the same period a year earlier and above the consensus estimate of approximately $104.5 million. Adjusted…
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Gold Holds Near $4,500 as Markets Await U.S. Employment Data
Gold prices remained close to $4,500 an ounce on Friday after rising almost 2% in the previous session, as investors awaited U.S. nonfarm payrolls data for further indications about the Federal Reserve’s September interest-rate decision. A weaker U.S. dollar and comments from Federal Reserve Governor Christopher Waller contributed to market expectations that rates could remain…
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Oil Prices Ease Near Six-Week Highs as Hormuz Supply Risks Remain in Focus
Oil prices moved lower on Friday but remained on course for weekly gains as renewed military exchanges between the United States and Iran kept attention on potential disruptions to energy shipments through the Strait of Hormuz. As of 03:47 ET (07:47 GMT), November Brent crude futures fell 0.5% to $95.09 a barrel, while WTI crude…
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U.S. Futures Steady as Investors Await Jobs Report; Lululemon and Adobe in Focus: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures were little changed on Friday as investors awaited the August nonfarm payrolls report and assessed comments from Federal Reserve officials on the interest-rate outlook. Corporate developments included a decline in Lululemon Athletica (NASDAQ:LULU) shares following another reduction in its full-year forecasts, while Adobe (NASDAQ:ADBE) announced a change in chief executive. Investors were…