Category: Latest News
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Bargain hunting could drive early rebound on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are indicating a higher start to Friday’s session, suggesting equities may recover some ground after the sharp sell-off seen in the previous trading day. Early strength on Wall Street may be fueled by bargain hunting, as some investors look to buy stocks at lower valuations following Thursday’s slump, which pushed the…
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Kyivstar beats forecasts as digital expansion boosts Q4 performance
Kyivstar Group Ltd (NASDAQ:KYIV) reported stronger-than-expected fourth-quarter results as the Ukrainian telecom operator continued to scale its digital ecosystem and expand its multiplay services. The company posted earnings per share of $0.37, exceeding analyst expectations of $0.32. Quarterly revenue reached $321 million, compared with $299.3 million in the same period a year earlier. Kyivstar said…
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Ulta Beauty slides after cautious outlook despite strong quarterly results; analyst calls pullback a buying chance
Ulta Beauty (NASDAQ:ULTA) shares dropped more than 8% in premarket trading Friday after the cosmetics retailer issued a fiscal outlook that came in slightly below expectations, even as it reported fourth-quarter results that beat Wall Street forecasts. The company said it expects fiscal 2027 earnings of $28.05 to $28.55 per share, compared with analyst projections…
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Adobe beats estimates but announces CEO departure; shares slide
Adobe (NASDAQ:ADBE) said Thursday that long-serving chief executive Shantanu Narayen will step down after eighteen years in the role, adding that its board has begun the process of selecting a successor. The announcement came alongside quarterly results that exceeded analyst expectations on both revenue and earnings, as well as guidance for the current quarter that…
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Apple lowers App Store commissions in China to 25%
Apple (NASDAQ:AAPL) said on Friday that it will reduce the commissions it charges app developers in China, a rare adjustment for the company in what is its largest market outside the United States. The tech giant announced that its fee on digital transactions made through the App Store in China will fall to 25%, down…
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Oil pares early losses as Iran supply risks overshadow Russia relief measures
Oil prices declined during Asian trading on Friday but recovered most of their earlier losses as concerns about supply disruptions tied to the U.S.-Israel conflict with Iran continued to dominate market sentiment. Prices had initially dropped by as much as 1% after Washington said it would allow the purchase of certain Russian oil shipments already…
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Mobix Labs Lands U.S. Navy Tomahawk Missile Component Order
Defense technology supplier Mobix Labs (NASDAQ:MOBX) has secured a significant production purchase order tied to the U.S. Navy’s Tomahawk cruise missile program—highlighting the company’s growing role in the defense electronics supply chain. The order calls for high-reliability filtering components used to protect sensitive onboard electronics from electromagnetic interference (EMI). These components are already integrated into…
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Gold edges higher but set for second weekly decline as Iran conflict fuels inflation worries
Gold prices ticked up during Asian trading on Friday, though the precious metal remained on course for a second consecutive weekly loss as investors weighed the inflationary risks tied to the U.S.-Israel conflict with Iran. Bullion found some support as both the U.S. dollar and oil prices paused their recent advances, particularly after Washington announced…
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Bitcoin rises toward $71K as U.S. regulatory optimism outweighs Iran war concerns
Bitcoin (COIN:BTCUSD) moved higher on Friday, building on recent gains and reaching a one-week high as expectations for a more supportive regulatory environment in the United States helped offset lingering market anxiety surrounding the U.S.-Israel conflict with Iran. The world’s largest cryptocurrency was also on track to post a weekly advance, aided in part by…
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Oil holds above $100 as Iran conflict keeps markets on edge — key drivers to watch: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly lower early Friday as crude prices stayed elevated amid ongoing hostilities in the Middle East. Brent crude continues to trade above the $100-per-barrel mark, with little sign of an imminent slowdown in the joint U.S.-Israeli offensive against Iran, which has now lasted more than a week. Rising energy costs have…