Category: Top Story
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Dow, S&P 500 and Nasdaq All Close Higher as Cooling Inflation Data Lifts Wall Street
Wall Street closed higher on Wednesday as investors welcomed another round of cooler-than-expected inflation data, sending all three major indexes into positive territory. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite each notched gains after June producer price data came in softer than economists had forecast, adding to Tuesday’s encouraging consumer inflation reading.…
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GameStop expands on-demand delivery through Uber Eats partnership (GME)
GameStop (NYSE:GME) has partnered with Uber Technologies (NYSE:UBER) to make its products available through the Uber Eats platform, giving customers across the United States access to on-demand and scheduled delivery of gaming products. Gaming products available through Uber Eats Under the new agreement, customers can order a wide range of GameStop merchandise, including video games,…
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Health insurance stocks slide after Elevance highlights margin pressures (ELV)
Health insurance shares moved sharply lower in premarket trading after Elevance Health’s (NYSE:ELV) latest quarterly results revealed continued pressure on margins within its core Health Benefits business, raising concerns that similar challenges could affect the wider managed-care sector. Margin weakness overshadows earnings beat Although Elevance reported second-quarter earnings and revenue that comfortably exceeded analysts’ expectations,…
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U.S. futures point higher as softer inflation boosts sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures traded higher on Wednesday, indicating Wall Street could extend the previous session’s gains after fresh inflation data strengthened expectations that the Federal Reserve may be able to keep interest rates on hold. Producer price data adds to inflation optimism Investor sentiment improved after the U.S. Labor Department reported that producer prices…
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Johnson & Johnson tops second-quarter forecasts and lifts guidance despite premarket decline (JNJ)
Johnson & Johnson (NYSE:JNJ) reported stronger-than-expected second-quarter results and raised its full-year earnings outlook, although the healthcare company’s shares slipped around 1 percent in premarket trading on Wednesday. Earnings and revenue beat expectations The company posted adjusted earnings per share of 2.90 dollars, exceeding the analyst consensus forecast of 2.86 dollars. Revenue rose to 25.31…
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PayPal surges after report of $53 billion takeover approach from Stripe and Advent (PYPL)
PayPal Holdings (NASDAQ:PYPL) shares jumped in U.S. premarket trading on Wednesday after a report claimed the digital payments company had received a joint takeover proposal from Stripe and private equity firm Advent International. Report values PayPal at more than $53 billion According to a Reuters report citing people familiar with the matter, Stripe and Advent…
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U.S. markets look higher as softer inflation and ASML results lift sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures traded modestly higher on Wednesday after inflation data came in below expectations, easing concerns that the Federal Reserve may need to raise interest rates in the near term. Investors also continued to assess a fresh round of corporate earnings, while strong results from ASML (EU:ASML) reinforced optimism surrounding artificial intelligence investment. At…
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Big Sky Industrial:One Gas Stream, Three Business
Ricki: Helium is often overlooked by investors, but it’s a critical industrial gas with growing demand across everything from semiconductor manufacturing to medical imaging and even aerospace. So, could one of the market’s most overlooked helium companies also be one of its most undervalued? I am Ricki Lee, and I’m joined today on the Capital…
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Cooler Inflation and Strong Bank Earnings Lift S&P 500 and Nasdaq, but IBM Plunge Keeps Dow Flat
Wall Street closed mostly higher on Tuesday as a cooler-than-expected inflation report and solid results from the country’s biggest banks gave investors reason to keep buying, even as a profit warning from IBM held the Dow Jones Industrial Average in check. The Nasdaq Composite led the way, while the S&P 500 also notched a solid…
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IBM Preliminary Q2 Results Miss Expectations as Infrastructure Revenue Declines (IBM)
IBM (NYSE:IBM) released preliminary financial results for the second quarter of 2026, reporting revenue of $17.2 billion, up 1% from a year earlier but below the company’s expectations as weaker performance in its Infrastructure and Software divisions weighed on results. The company said lower-than-anticipated mainframe sales and delayed customer spending contributed to the softer quarter.…