Category: Top Story
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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…
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GM Issues Recall for More Than 3,400 Silverado Trucks Missing Owner’s Manuals
General Motors (NYSE:GM) is recalling 3,408 vehicles after determining that certain trucks left the factory without an owner’s manual, according to a notice submitted to the National Highway Traffic Safety Administration (NHTSA). The recall covers select 2026 Chevrolet Silverado models, including the 1500, 2500, and 3500 series. NHTSA stated that the omission places the affected…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Bitcoin Climbs Back Above $90,000; Marvell Surges: Key Market Movers Today
U.S. equity futures ticked higher early Wednesday as the risk-off tone that dominated the start of the week eased. Bitcoin (COIN:BTCUSD) rebounded sharply above $90,000, government bond markets steadied, and Marvell Technology (NASDAQ:MRVL) jumped in after-hours trading following news of a major acquisition and upbeat guidance. Investors are also watching fresh private-sector hiring data, while…
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Meeting the growing demand for healthier, “better for you” foods
Hello, I’m Ricki Lee and this is the Capital Compass. Today we’re speaking with Eshbal Functional Food (TSXV:ESBL), a company focused on developing functional products designed to meet the growing demand for healthier, “better for you” foods. The company has just taken some major steps into the US market, most notably entering into a definitive…