Category: Latest News
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Lockheed Martin raises full-year outlook after strong second-quarter results (NYSE:LMT)
Lockheed Martin (NYSE:LMT) shares surged more than 7% in premarket trading on Thursday after the defence contractor reported second-quarter earnings and revenue above market expectations while raising its full-year financial guidance. The improved outlook was driven by stronger production across the company’s business segments, particularly within its missile programmes, alongside robust cash generation and a…
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T-Mobile shares decline despite earnings beat and higher cash flow forecast (NASDAQ:TMUS)
T-Mobile (NASDAQ:TMUS) shares moved lower in premarket trading on Thursday after the wireless carrier reported second-quarter earnings above analysts’ expectations but fell short of revenue forecasts, despite lifting its full-year free cash flow outlook. While profitability and cash generation remained strong, investors focused on the slight revenue miss following another quarter of steady subscriber growth.…
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SK Hynix shares rise as Big Tech AI investment boosts semiconductor outlook (NASDAQ:SKHY)
U.S.-listed shares of SK Hynix (NASDAQ:SKHY) climbed 6.6% in premarket trading on Thursday after fresh capital spending plans from Alphabet and Tesla strengthened expectations for continued investment in artificial intelligence infrastructure. The gains reflected growing investor confidence that demand for advanced memory chips will remain strong as leading technology companies accelerate AI development. AI spending…
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Molina Healthcare shares fall after weak revenue outlook overshadows earnings beat (NYSE:MOH)
Molina Healthcare (NYSE:MOH) shares dropped more than 9% in premarket trading on Thursday after the health insurer issued a full-year revenue outlook that disappointed investors, despite reporting second-quarter earnings ahead of market expectations. While profitability exceeded forecasts, concerns over slowing revenue growth and ongoing Medicaid headwinds weighed heavily on market sentiment. Earnings beat fails to…
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ServiceNow raises annual outlook after strong AI-driven quarter (NYSE:NOW)
ServiceNow (NYSE:NOW) shares climbed around 4.5% in premarket trading on Thursday after the enterprise software provider reported second-quarter results that exceeded expectations and increased its full-year subscription revenue forecast, supported by growing demand for its artificial intelligence platform. The stronger guidance reflected continued momentum across the company’s software portfolio as businesses increased spending on AI-powered…
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Texas Instruments tops second-quarter forecasts but shares slip despite strong outlook (NASDAQ:TXN)
Texas Instruments (NASDAQ:TXN) reported better-than-expected second-quarter earnings and issued guidance that exceeded Wall Street forecasts, but investors responded cautiously, sending the stock more than 5% lower in premarket trading. The decline highlighted the increasingly high expectations surrounding semiconductor companies, where even strong financial performance may not be enough to support further gains after an extended…
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Tesla shares fall after earnings miss despite record deliveries and AI investment (NASDAQ:TSLA)
Tesla (NASDAQ:TSLA) shares fell more than 5% in premarket trading on Thursday after the electric vehicle maker reported earnings below market expectations, with softer automotive margins and negative free cash flow overshadowing record vehicle deliveries and continued investment in artificial intelligence. The results reinforced investor concerns about the company’s ability to balance heavy spending on…
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IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)
IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth.…
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Alphabet shares fall as rising AI investment overshadows strong quarterly earnings (NASDAQ:GOOG)
Alphabet (NASDAQ:GOOG) shares moved lower in pre-market trading on Thursday after investors focused on the company’s sharply higher artificial intelligence spending, despite another quarter of strong revenue growth and earnings that comfortably exceeded expectations. The stock fell around 3.5% before the opening bell as concerns over accelerating capital expenditure outweighed the company’s solid financial performance.…
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Oil prices extend rally as Red Sea attacks push Brent above $97 per barrel
Oil prices advanced for a fifth consecutive session on Thursday after Houthi forces claimed attacks on two Saudi oil tankers in the Red Sea, intensifying concerns over the security of key global energy shipping routes and lifting Brent crude above $97 a barrel. Brent crude futures for September delivery rose 3.6% to $97.45 per barrel,…