Category: Top Story
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UBS raises palladium and platinum price outlook amid tightening supply and rising U.S. demand
UBS has boosted its price forecasts for palladium and platinum, pointing to stronger U.S. demand and growing market tightness fueled by supply uncertainties and potential trade restrictions. Palladium, which had trailed other precious metals for much of the year, saw a notable rebound in October. UBS strategists Giovanni Staunovo and Wayne Gordon lifted their forecast…
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AmpliTech Launches Shareholder Rights Offering to Fund Expansion and Innovation
AmpliTech Group, Inc. (NASDAQ: AMPG) announced yesterday plans to launch a transferable unit rights offering for shareholders and certain warrantholders, aimed at raising capital to expand its U.S. manufacturing capabilities, accelerate R&D, and advance product commercialization across satellite, 5G/6G, and quantum technology markets. Under the proposed offering, AmpliTech will distribute two transferable unit subscription rights…
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Coinbase tops Q3 expectations as crypto trading surges; shares climb
Coinbase Global Inc (NASDAQ:COIN) reported third-quarter results that surpassed Wall Street forecasts on Thursday, driven by a sharp rise in cryptocurrency trading volumes and strong growth in its stablecoin-related services. Shares of the crypto exchange rose about 5% in premarket trading on Friday following the announcement. The company posted earnings of $1.50 per share on…
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Chevron beats earnings expectations as Hess deal boosts oil output
Chevron (NYSE:CVX) reported third-quarter earnings that exceeded market forecasts, supported by higher oil production following its acquisition of Hess Corporation earlier this year. The company posted adjusted earnings per share of $1.85, topping the Bloomberg consensus estimate of $1.66. Global production rose to 4.086 million barrels of oil equivalent per day, surpassing expectations of 3.873…
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ExxonMobil tops profit forecasts in Q3, but revenue misses; shares dip
Exxon Mobil (NYSE:XOM) posted mixed financial results for the third quarter, as earnings exceeded market expectations while revenue fell slightly short of forecasts. Shares of the oil and gas major declined more than 1% in premarket trading following the announcement. The company reported earnings per share of $1.88, beating the consensus estimate of $1.83, while…
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Colgate-Palmolive trims sales outlook as Q3 earnings surpass forecasts
Colgate-Palmolive Company (NYSE:CL) posted third-quarter results that exceeded Wall Street expectations on Wednesday, with adjusted earnings per share of $0.91, topping the consensus estimate of $0.89. Shares of the consumer goods leader rose about 1% in early trading after the announcement. Quarterly revenue reached $5.13 billion, matching analyst projections and marking a 2% increase year-over-year.…
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Getty Images shares surge on AI licensing deal with Perplexity
Getty Images Holdings Inc (NYSE:GETY) saw its shares soar 58% in premarket trading on Friday after unveiling a new licensing partnership with AI-driven search platform Perplexity, marking another major collaboration between traditional media and artificial intelligence firms. Under the agreement, Perplexity will gain access to Getty’s extensive creative and editorial photo archive, integrating it into…
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Dow Jones, S&P, Nasdaq, Futures, Amazon and Apple Earnings Lift Market Sentiment; Wall Street Set for Rebound
U.S. stock futures pointed higher on Friday, suggesting Wall Street may bounce back after Thursday’s selloff, as investors reacted positively to strong quarterly results from major tech names Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). Early optimism is being fueled by upbeat earnings reports that reignited confidence in the resilience of the tech sector. Amazon shares surged…
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Atlassian Shares Surge After Earnings Beat on Strong Cloud Growth and Expanding AI Adoption
Atlassian Corporation (NASDAQ:TEAM) jumped more than 5% in premarket trading Friday after the team collaboration software provider reported first-quarter fiscal 2026 results that topped Wall Street estimates, powered by accelerating demand for its cloud offerings and growing adoption of artificial intelligence tools. The company posted adjusted earnings per share of $1.04, beating expectations by $0.20,…
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Roku Shares Fall Despite Q3 Profit Beat as Slower Growth Outlook Weighs on Sentiment
Roku Inc. (NASDAQ:ROKU) shares dropped 6% in premarket trading Friday, as investors focused on the company’s softer revenue growth forecast, overshadowing its stronger-than-expected third-quarter results and first quarterly operating profit since 2021. The streaming platform reported adjusted earnings per share of $0.16, surpassing analyst estimates of $0.09, while revenue reached $1.21 billion, in line with…