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Wiley Shares Fall After Q1 Revenue and Earnings Miss Estimates
John Wiley & Sons, Inc. (NYSE:WLY) shares fell 3.5% after the company reported first-quarter revenue and adjusted earnings below analyst expectations while reaffirming its fiscal 2027 earnings guidance. Adjusted earnings per share were $0.44, compared with the consensus estimate of $0.46. Revenue declined 3% year over year to $386 million from $397 million and was…
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Polestar Shares Fall After Q2 Revenue Misses Estimates
Polestar Automotive (NASDAQ:PSNY) shares fell 8.3% after the electric vehicle manufacturer reported second-quarter revenue below analyst expectations and lowered its 2026 volume growth guidance. Revenue for the quarter was $727 million, compared with the Bloomberg Consensus estimate of $864.7 million. The company’s net loss narrowed to $459 million from $1.03 billion in the same period…
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Victoria’s Secret Shares Fall After Q3 Operating Income Guidance Misses Estimates
Victoria’s Secret (NYSE:VSCO) shares fell more than 16% in premarket trading on Thursday after the company issued third-quarter operating income guidance below Wall Street expectations, despite reporting second-quarter earnings above estimates and raising its full-year revenue outlook. The company reported second-quarter earnings per share of $0.95, compared with the analyst estimate of $0.75. Revenue increased…
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Campbell’s Shares Fall After Fiscal 2027 Guidance Comes in Below Expectations
Campbell’s Company (NASDAQ:CPB) shares fell 6.2% on Thursday after the food manufacturer issued fiscal 2027 earnings guidance below Wall Street expectations, following fourth-quarter results that matched analyst estimates on adjusted profit but came in below forecasts on revenue. The company reported fourth-quarter adjusted earnings per share of $0.39, in line with analyst consensus. Revenue reached…
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Nvidia Agrees to Acquire Hugging Face for $12.93 Billion
Nvidia (NASDAQ:NVDA) has entered into a definitive agreement to acquire open-source artificial intelligence platform Hugging Face for $12.93 billion, bringing together Nvidia’s computing infrastructure with Hugging Face’s AI development ecosystem. Hugging Face serves more than 18 million developers, researchers and creators, according to the announcement, with its platform used for enterprise and open-source AI deployment…
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Wall Street Set for Higher Open as Treasury Yields Pull Back: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a higher open on Thursday as Treasury yields declined, potentially extending the rebound recorded during the previous session. The yield on the benchmark 10-year Treasury note fell by more than 6 basis points after ending Wednesday unchanged at its highest closing level in more than a year. Treasury yields…
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U.S. Labor Productivity Rises 1.4% in Q2 as Unit Labor Costs Revised Lower
U.S. labor productivity increased in the second quarter of 2026 at the same pace reported in the preliminary estimate, according to data released by the Labor Department on Thursday. Labor productivity rose 1.4% during the quarter, unchanged from the previous estimate and in line with economists’ expectations. The report showed that output increased 1.7%, while…
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U.S. Trade Deficit Reaches $88.60 Billion, Smaller Than Forecast
The U.S. trade deficit came in at $88.60 billion in the latest reporting period, slightly below market expectations but wider than the previous reading. Economists had forecast a deficit of $89.40 billion, meaning the reported shortfall was $800 million smaller than anticipated. The trade balance measures the difference between the value of goods and services…
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U.S. Initial Jobless Claims Rise to 206,000, Slightly Above Forecast
U.S. initial jobless claims increased slightly in the latest weekly report, coming in marginally above market expectations. The number of people filing for unemployment insurance for the first time reached 206,000, compared with a forecast of 205,000. The latest figure was also higher than the previous week’s reading of 204,000, representing an increase of 2,000…
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Victoria’s Secret Shares Rise Ahead of Q2 Earnings Release
Victoria’s Secret & Co. (NYSE:VSCO) shares rose 4.4% in premarket trading ahead of the company’s second-quarter 2026 earnings release, scheduled before the market open, followed by a conference call at 8:30 a.m. ET. Analysts expect Victoria’s Secret to report earnings of $0.75 per share on revenue of approximately $1.62 billion. The revenue estimate would represent…