Category: Latest News
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Nokia reports stronger second-quarter earnings as AI infrastructure demand accelerates (NYSE:NOK)
Nokia (NYSE:NOK) reported stronger second-quarter results on Thursday, as surging demand for artificial intelligence infrastructure and cloud networking helped lift sales and profitability despite restructuring costs. The Finnish telecommunications equipment maker delivered solid growth across its Network Infrastructure business, while AI-related orders reached a record level during the quarter. Revenue and operating profit increase Nokia…
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Nike CEO outlines transformation strategy after operational reset in fiscal 2026 (NYSE:NKE)
Nike (NYSE:NKE) said it made significant progress strengthening its business during fiscal 2026, with President and Chief Executive Officer Elliott Hill outlining a broad operational transformation aimed at improving long-term growth and profitability. In a letter to shareholders, Hill said the company spent the year reshaping its organisation, investing in its brands and rebuilding key…
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Nasdaq tops second-quarter expectations as index business and technology services fuel growth (NASDAQ:NDAQ)
Nasdaq (NASDAQ:NDAQ) reported stronger-than-expected second-quarter results on Thursday, driven by robust growth across its index, financial technology and market services businesses, sending its shares modestly higher in premarket trading. The exchange operator also highlighted record milestones during the quarter, including hosting the largest initial public offering in exchange history. Earnings and revenue exceed forecasts Nasdaq…
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IMAX shares rise after second-quarter earnings surpass expectations (NYSE:IMAX)
IMAX Corporation (NYSE:IMAX) reported stronger-than-expected second-quarter results on Thursday, sending its shares more than 7% higher in premarket trading as record box office performance and network expansion boosted revenue and profitability. The cinema technology company benefited from the exceptional global debut of Christopher Nolan’s The Odyssey, which delivered one of the strongest IMAX openings on…
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Harley-Davidson raises 2026 outlook after second-quarter earnings beat (NYSE:HOG)
Harley-Davidson (NYSE:HOG) reported stronger-than-expected second-quarter results on Thursday, although the motorcycle maker’s shares edged lower in premarket trading as investors assessed the company’s latest outlook and broader market conditions. The company topped Wall Street’s earnings and revenue forecasts while increasing its full-year guidance across several key financial and operating measures. Earnings and revenue exceed forecasts…
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American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)
American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year. While record revenue reflected continued demand for travel, higher fuel costs weighed on the company’s earnings forecast. Second-quarter earnings…
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Union Pacific raises earnings outlook after second-quarter beat driven by freight volumes (NYSE:UNP)
Union Pacific (NYSE:UNP) reported stronger-than-expected second-quarter results on Thursday as higher freight volumes and pricing gains helped lift revenue and earnings above Wall Street forecasts. The railroad operator also improved its earnings outlook for 2026 while reaffirming its broader financial and operational targets. Revenue and earnings top expectations Union Pacific posted adjusted earnings of $3.41…
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SpaceX short sellers build $15.5 billion paper profit as shares extend post-IPO decline (NASDAQ:SPCX)
SpaceX (NASDAQ:SPCX) short sellers have amassed an estimated $15.5 billion in unrealized gains as the aerospace company’s shares continue to retreat from the highs reached shortly after its public market debut, according to data from Ortex Technologies cited by Reuters. The stock has fallen below its initial public offering price, marking a sharp reversal after…
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Wall Street set for lower open as Alphabet and Tesla disappoint while oil prices climb: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed lower on Thursday, with investors preparing for a weaker start to trading after disappointing reactions to earnings from Alphabet and Tesla combined with renewed geopolitical tensions pushed market sentiment lower. Rising oil prices and concerns over the growing cost of artificial intelligence investment also added to pressure on equities. Tech earnings…
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Mobileye raises full-year outlook after second-quarter earnings beat (NASDAQ:MBLY)
Mobileye Global (NASDAQ:MBLY) shares surged nearly 10% in premarket trading on Thursday after the autonomous driving technology company reported second-quarter earnings well above Wall Street expectations and increased its revenue and profit guidance for the full year. The stronger outlook was supported by solid operational performance and the financial benefits of Israel’s new research and…