Category: Latest News
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Atlassian posts strong Q4 results on robust cloud growth; FY26 outlook meets expectations
Atlassian Corp Plc (NASDAQ:TEAM) saw its stock edge slightly higher in premarket trading on Friday after reporting fourth-quarter earnings that beat Wall Street forecasts, powered by continued strength in its cloud and AI offerings. While full-year results were upbeat, revenue guidance for fiscal 2026 came in just shy of consensus. For the quarter ending June…
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Trade Desk stock plunges after modest Q2 beat and flat guidance
Shares of The Trade Desk (NASDAQ:TTD) plummeted in premarket trading Friday, dropping over 28%, after the company delivered second-quarter results that slightly exceeded expectations but failed to impress investors with its outlook. The advertising tech firm reported adjusted earnings of 41 cents per share for the quarter ending June 30, just a penny above consensus…
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Gold Edges Higher on Tariff Worries; U.S. Duties on 1-Kilo Bars Raise Supply Concerns
Gold prices gained modestly in Asian markets on Friday, poised for a weekly advance as U.S. trade tariffs sparked renewed economic uncertainty. The focus also shifted to the possibility of new U.S. tariffs targeting one-kilogram gold bars, a development that could disrupt bullion markets and tighten physical gold availability. Spot gold rose slightly by 0.1%…
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Dollar slips as traders eye tariff impact; sterling buoyed by hawkish BoE signals
The U.S. dollar declined on Friday, on course for a weekly drop as investors remain cautious about the fallout from U.S. trade tariffs and President Donald Trump’s recent moves to shape Federal Reserve policy. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six currencies, fell 0.3% to…
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Oil prices hold steady but face sharp weekly declines amid tariffs and supply concerns
Oil prices were largely unchanged during Friday’s Asian session, yet they are poised for notable weekly losses due to mounting worries over demand softening from tariff measures and an impending supply surplus. Crude found temporary support after U.S. President Donald Trump announced tougher restrictions on Russia’s oil industry, including steep tariffs targeting India. These new…
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Bitcoin Surges to $116,500 Following Trump’s 401(k) Crypto Move, Altcoins Rally Strongly
Bitcoin (COIN:BTCUSD) extended its recent rally on Friday, boosted by U.S. President Donald Trump’s new executive order aimed at broadening the range of alternative assets, including cryptocurrencies, allowed in 401(k) retirement plans. Altcoins outperformed Bitcoin, with Ether approaching its 2021 all-time highs and XRP surging after the resolution of its long-running lawsuit with the U.S.…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. futures rise as Trump names interim Fed governor; TSMC and SoftBank benefit from AI momentum
Ahead of the week’s final trading session, U.S. stock futures showed modest gains Friday. President Donald Trump announced his choice of a close advisor to temporarily fill a vacant seat on the Federal Reserve Board of Governors. Meanwhile, Taiwan Semiconductor Manufacturing Co. (TSMC) posted a significant jump in July sales, and SoftBank (USOTC:SFTBY) shares surged…
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U.S. Close Mixed After Moving To The Upside In Early Trading
Stocks moved mostly higher early in the session but gave back ground over the course of the trading day on Thursday. The major averages pulled back well off their highs of the session before eventually ending the day mixed. While tech-heavy Nasdaq added to Wednesday’s strong gain, climbing 73.27 points or 0.4 percent to 21,242.70,…
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Restaurant Brands International reports mixed Q2 results, confirms guidance
Restaurant Brands International (NYSE:QSR), the parent company of Burger King and Tim Hortons, released its second-quarter earnings with mixed outcomes: earnings per share slightly missed expectations while revenue exceeded forecasts. The company posted an EPS of $0.94, just under the analyst consensus of $0.97. Meanwhile, revenue rose 15% year-over-year to $2.41 billion, surpassing the anticipated…
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Papa John’s shares climb following better-than-expected Q2 earnings
Papa John’s International (NASDAQ:PZZA), Inc. saw its shares rise 3.6% on Thursday after reporting second-quarter earnings that outperformed analyst predictions, fueled by stronger sales growth both in the U.S. and abroad. The company posted adjusted earnings per share of $0.41 for the quarter, surpassing the analyst consensus of $0.35 by 6 cents.Revenue totaled $529.2 million,…