Category: Include on Menu
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An “AI winter” could hit within the next one to three years, BCA Warns
The explosive surge in artificial intelligence investment may be heading toward a cooling period, with BCA Research cautioning that an industry-wide “AI winter” is becoming increasingly probable in the near future. In a report published Wednesday, BCA chief strategist Jonathan LaBerge said AI spending is entering a fragile phase, with current market valuations reflecting expectations…
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Dow Jones, S&P, Nasdaq, Futures, Inflation Data on Deck Could Spark Volatile Trading on Wall Street
U.S. equity futures suggest a mostly unchanged open on Friday, signaling that stocks may carry over Thursday’s muted tone as investors await critical inflation figures. Market participants appear hesitant to make bold moves ahead of the release of consumer price data—a key input to the Federal Reserve’s policy decisions—due shortly after the opening bell. The…
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Ford Recalls More Than 108,000 U.S. Vehicles Over Liftgate Hinge Cover Problem
Ford Motor Company (NYSE:F) has initiated a recall affecting 108,762 vehicles in the United States after regulators identified an issue involving the liftgate hinge covers, according to a notice from the National Highway Traffic Safety Administration (NHTSA). The agency said the recall, announced Friday, is intended to fix a defect in which the hinge cover…
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Ulta Shares Jump After Earnings Beat and upbeat Outlook as Beauty Demand Stays Strong
Ulta Beauty (NASDAQ:ULTA) delivered third-quarter results that came in ahead of Wall Street expectations and lifted its full-year guidance, sending the stock more than 5% higher in Friday’s premarket session. The beauty retailer reported Q3 earnings of $5.14 per share — flat from the prior year but comfortably above the analyst consensus of $4.52. Revenue…
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Apple Reveals Retirement Plans for Two Senior Leaders
Apple (NASDAQ:AAPL) said on Friday that two prominent members of its executive team will be stepping down, marking another notable shift within the company’s upper ranks. Lisa Jackson — a former head of the U.S. Environmental Protection Agency who has spearheaded Apple’s sustainability and environmental policy efforts — will retire in January. During her tenure,…
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Tesla Rolls Out More Affordable Model 3 in Europe in Bid to Lift Sales
Tesla (NASDAQ:TSLA) has launched a lower-cost version of its Model 3 sedan in Europe, several months after debuting the same variant in the United States, according to updated pricing on the company’s website. The new Model 3 Standard is designed to bolster demand across the region, where rising competition from European and Chinese automakers has…
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Warner Bros. Discovery Shares Climb on Reports of Exclusive Negotiations With Netflix
Warner Bros. Discovery (NASDAQ:WBD) traded higher in extended hours on Friday after multiple media outlets reported that Netflix (NASDAQ:NFLX) has entered into exclusive talks to acquire the company’s film and television studios along with key streaming assets. According to the reports, Netflix has put forward an offer valuing the targeted units at $28 per share.…
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Rubrik Shares Spike After Strong Earnings Beat and Upgraded Full-Year Outlook
Rubrik Inc (NYSE:RBRK) surged more than 17% in premarket trading on Friday after delivering quarterly results that comfortably surpassed Wall Street estimates and lifting its full-year forecast. Investor optimism strengthened as the company highlighted accelerating subscription growth and improving profitability across its AI-enabled security platform. For the fiscal third quarter ended October 31, Rubrik reported…
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Docusign Tops Q3 Expectations but Stock Falls on Cautious Outlook Shift
Docusign (NASDAQ:DOCU) delivered stronger-than-expected third-quarter results on Thursday, though its shares slipped more than 5% in Friday’s premarket session after the company issued revenue guidance that largely matched analysts’ forecasts. The digital signature and identity management firm reported Q3 earnings of $1.01 per share, outperforming the consensus estimate of $0.91. Revenue came in at $818.4…
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WTI Oil Prices Set for Weekly Advance as Fed Cut Expectations Lift Sentiment and Venezuela Risks Intensify
West Texas Intermediate crude was on track to finish the week higher on Friday, buoyed by mounting confidence in a forthcoming Federal Reserve rate cut, rising geopolitical strains between the U.S. and Venezuela, and stalled diplomatic efforts in Moscow. Still, both major oil benchmarks eased slightly from Thursday’s levels. By 07:45 GMT, Brent crude edged…