Category: Top Story
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Jobless claims in focus; Salesforce boosts guidance: key drivers for markets today
U.S. equity futures were little changed early Thursday as investors prepared for fresh labor market data and weighed growing expectations of a Federal Reserve rate cut later this month. Meanwhile, Salesforce (NYSE:CRM) upped its full-year revenue and adjusted earnings outlook on the back of strong demand for its artificial intelligence agents, and crude prices ticked…
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Meta reportedly to face fresh EU scrutiny over WhatsApp’s AI rollout
Brussels is preparing to launch a new antitrust investigation into Meta Platforms Inc (NASDAQ:META) tied to the introduction of artificial intelligence tools inside WhatsApp, the Financial Times reported on Thursday. According to the report, which cited two officials familiar with the matter, the European Commission intends to examine how Meta embedded its Meta AI assistant…
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Viridian wraps drilling at Kraken Zone
In this episode of the Capital Compass, we’re checking back in with Viridian Metals (USOTC:VIRMF), an explorer building momentum in one of the world’s most prospective emergent copper regions, Newfoundland and Labrador. The company has now completed drilling at the Kraken Main Zone, advancing one of the shallowest and most accessible copper targets in the province.…
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Microsoft shares dip after report claims AI sales targets have been cut
Microsoft (NASDAQ:MSFT) slipped 2% in early Wednesday trading after The Information reported that the company has scaled back its sales quotas for certain AI software products amid slower-than-expected customer adoption. According to the report, Microsoft has tempered expectations for revenue growth from its newest AI “agents” — tools intended to automate multi-step workflows. Several business…
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Uber shares climb as autonomous robotaxi service goes live in Dallas
Uber Technologies Inc. (NYSE:UBER) gained 2% in premarket trading Wednesday, while Nebius Group NV (NASDAQ:NBIS) — owner of Avride — added 1.4% after the two companies rolled out a new robotaxi service in Dallas. The launch enables riders in the city to be paired with an Avride autonomous vehicle when selecting UberX, Uber Comfort, or…
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Delta warns government shutdown will cut Q4 profit by up to $200 million
Delta Air Lines (NYSE:DAL) said Wednesday that the recent U.S. government shutdown is expected to shave as much as $200 million off its pre-tax profit for the December quarter, an estimated hit of roughly $0.25 per share. Shares of the airline ticked up 0.7% in premarket trading despite the guidance update. Delta noted that while…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set For a Higher Open as Rate-Cut Expectations Build
U.S. stock futures signaled a stronger start on Wednesday, suggesting that equities may extend the gains recorded in the previous session. Futures held in positive territory after new data from ADP showed an unexpected contraction in private-sector employment for November. According to the report, private payrolls declined by 32,000 last month, following a revised increase…
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Tesla Shares Inch Higher as Trump Administration Prepares Robotics Initiative
Tesla (NASDAQ:TSLA) gained about 1% on Wednesday after reports indicated that the Trump administration is preparing a major push to accelerate the U.S. robotics industry — a move that could lift companies tied to automation and advanced manufacturing. According to Politico, Commerce Secretary Howard Lutnick has recently held meetings with robotics industry leaders and is…
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Dollar Tree Beats Same-Store Sales Forecast as Halloween Demand Hits Record Levels
Dollar Tree (NASDAQ:DLTR) posted third-quarter same-store sales that edged past expectations, helped by exceptionally strong Halloween-related demand. Comparable sales increased 4.2% for the quarter ended November 1, slightly above the Bloomberg consensus projection of 4.17%. Net sales reached $4.75 billion, also topping estimates. Adjusted operating income rose 4.1% year over year to $345 million, resulting…
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Macy’s Shares Rise After Strong Q3 Beat and Upgraded Full-Year Forecast
Macy’s Inc. (NYSE:M) moved 3.5% higher in premarket trading on Wednesday after the retailer delivered third-quarter results that topped expectations and raised its full-year guidance, supported by its strongest comparable sales performance in more than three years. The company reported adjusted EPS of $0.09, easily outpacing analysts’ expectations of a $0.13 loss. Revenue reached $4.7…