Category: Latest News
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Snowflake Shares Jump After Announcing Strategic AI Partnership with Palantir
Snowflake (NYSE:SNOW) saw its stock rise 5% on Thursday, while Palantir Technologies (NYSE:PLTR) gained 1%, after the two companies unveiled a strategic partnership to integrate Snowflake’s AI Data Cloud with Palantir’s Foundry and Artificial Intelligence Platform. The collaboration is designed to help organizations in both commercial and public sectors build more efficient data pipelines and…
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U.S. Bancorp Shares Jump Nearly 4% as Record Revenue Fuels Profit Growth
U.S. Bancorp (NYSE:USB) posted stronger-than-expected third-quarter results on Thursday, powered by record revenue, rising fee income, and an improved net interest margin. Shares climbed 3.88% in pre-market trading after the announcement. The bank reported earnings per share of $1.22, topping the analyst estimate of $1.12, while total revenue hit a record $7.33 billion, surpassing expectations…
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KeyCorp Shares Climb After Q3 Earnings Beat on Strong Revenue Growth
KeyCorp (NYSE:KEY) reported third-quarter results on Thursday that surpassed analyst expectations, supported by higher revenue and an improved net interest margin. The bank’s shares rose 1.52% in pre-market trading following the earnings release. Net income for the quarter came in at $454 million, or $0.41 per diluted share, beating the consensus estimate of $0.38. Total…
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Marsh McLennan Delivers Strong Q3 Results with 11% Revenue Growth
Marsh McLennan (NYSE:MMC) posted third-quarter results on Thursday that beat analyst expectations, supported by strong top-line growth and improved operating performance. The company’s stock edged down 0.20% in pre-market trading following the release. Adjusted earnings per share came in at $1.85, topping the consensus estimate of $1.79. Total revenue rose 11% year over year to…
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Snap-on Tops Q3 Estimates on Solid Sales and EPS Growth
Snap-on Incorporated (NYSE:SNA) posted stronger-than-expected third-quarter 2025 results on Thursday, beating Wall Street forecasts on both earnings and revenue. The stock slipped slightly by 0.20% in pre-market trading following the announcement. The company reported earnings per share of $5.02, topping analyst expectations by $0.39, while revenue came in at $1.19 billion, ahead of the $1.16…
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Insteel Industries Falls Short on Q4 Earnings but Posts Strong Revenue Growth
Insteel Industries Inc. (NYSE:IIIN) reported fourth-quarter earnings on Thursday that came in below Wall Street expectations, even as the company posted solid year-over-year gains in both revenue and profit. Shares were little changed in pre-market trading, ticking up 0.16% following the release. For the quarter, the steel wire reinforcement manufacturer posted earnings of $0.74 per…
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M&T Bank Shares Tick Higher After Strong Q3 Earnings Beat
Shares of M&T Bank Corporation (NYSE:MTB) edged higher in pre-market trading on Thursday after the lender delivered third-quarter results that topped Wall Street expectations, supported by robust fee income and stronger credit metrics. The stock rose 0.76% ahead of the market open following the earnings release. For the third quarter, the Buffalo-based bank reported adjusted…
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Philly Fed Index Shows Sharp Drop in Manufacturing Activity for October
Manufacturing activity in the Mid-Atlantic region lost momentum this month, according to new data from the Federal Reserve Bank of Philadelphia. The bank’s latest survey revealed a sharp decline in its measure of current general activity, signaling a contraction in the regional factory sector. The Philly Fed’s diffusion index for current activity fell to -12.8…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Higher Open as AI Momentum Lifts Market
U.S. equity futures pointed to early gains on Thursday, signaling a positive start on Wall Street following Wednesday’s volatile but largely constructive session. Investor sentiment is being boosted by strength in the artificial intelligence space. Taiwan Semiconductor (NYSE:TSM) jumped 2.3% in pre-market trading after delivering third-quarter earnings that topped expectations, fueled by accelerating demand for…
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J&J hit with first UK legal claims over alleged cancer link to baby powder
Johnson & Johnson (NYSE:JNJ) is facing its first legal battle in the United Kingdom over allegations that its talc-based products caused cancer — adding to the tens of thousands of similar lawsuits the company is already fighting in the United States. The case was filed Tuesday in the English High Court against both J&J and Kenvue…