Category: Top Story
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Dow Closes Above 50,000 For First Time As Stocks Rebound From Recent Slump
After moving sharply lower over the past few sessions, stocks showed a substantial move back to the upside during trading on Friday. The major averages all showed substantial upward moves, with the Dow closing above 50,000 for the first time. The major averages reached new highs late in the session before giving back some ground…
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Tesla launches AI training hub in China to support local driving technology
Tesla (NASDAQ:TSLA) has opened a new artificial intelligence training center in China aimed at developing locally adapted AI applications and improving assisted driving features, according to a report from Chinese media outlet Cailianshe. The report, published on Friday, cited Tesla Vice President Tao Lin as confirming that the AI training facility is now up and…
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Roblox stock jumps as bookings outlook beats forecasts
Shares of Roblox Corporation (NYSE:RBLX) rallied sharply on Friday, rising more than 14% in U.S. premarket trading after the gaming platform reported better-than-expected fourth-quarter results and issued full-year bookings guidance that came in well above market expectations. Roblox posted fourth-quarter bookings of $2.22 billion, comfortably ahead of the analyst consensus of $2.09 billion and up…
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Reddit shares jump as AI-driven ads power Q4 beat and upbeat outlook
Reddit (NYSE:RDDT) delivered better-than-expected fourth-quarter results and issued stronger guidance, helped by momentum in its advertising business as new AI tools attract more marketers to the platform. The company also unveiled its first-ever share buyback program, authorising repurchases of up to $1 billion. The social media group reported adjusted earnings of $1.24 per share, comfortably…
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Wall Street Futures Point Higher as Bargain Buyers Step In After Tech Selloff: Dow Jones, S&P, Nasdaq
U.S. stock index futures are signaling a firmer open on Friday, suggesting equities may recover some lost ground after several sessions of sharp declines. Investors appear poised to hunt for bargains following the recent technology-led pullback, which pushed the Nasdaq to its lowest closing level in more than two months. That said, trading volumes could…
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LaFleur Minerals Confirms Strong Gold Continuity with New Assay Results at Swanson Gold Project
LaFleur Minerals Inc. (CSE:LFLR), (USOTC:LFLRF), (TG:3WK0) has announced compelling assay results from its ongoing drilling campaign at the Swanson Gold Project, reinforcing the project’s scale and continuity as a major gold system in Québec’s prolific Abitibi Gold Belt. The results come from 60 drill holes totalling 16,592 metres completed during LaFleur’s maiden drilling program in…
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Amazon shares tumble 9% premarket as 2026 capex outlook far exceeds forecasts
Amazon.com (NASDAQ:AMZN) delivered a solid quarterly revenue beat on Thursday, but investors focused on its capital spending outlook after the company flagged roughly $200 billion of capital expenditures for 2026—well above market expectations. The guidance sent shares sharply lower, with the stock sliding 9.3% in premarket trading on Friday. Amazon’s results arrive amid a broader…
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Stellantis Shares Sink 22% After Warning of €22bn Impact From EV Strategy Reset
Shares in Stellantis (NYSE:STLA) plunged on Friday after the carmaker disclosed that it expects to record around €22.2bn in charges as it scales back parts of its electric vehicle strategy in response to weaker-than-expected demand. The stock was last trading more than 22% lower in Milan. The group said the bulk of the write-downs relate…
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Amazon’s capex surge, Stellantis reset, Bitcoin slide – what’s driving markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures edged lower on Friday as weakness in technology stocks persisted. Online retail giant Amazon (NASDAQ:AMZN) unveiled a sharp increase in capital spending, while carmaker Stellantis (NYSE:STLA) flagged a major strategic rethink away from electric vehicles. Bitcoin (COIN:BTCUSD) continued to slide, and oil markets remained focused on the outcome of talks between the…
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U.S. Stocks Move Sharply Lower Amid Continued Tech Weakness
Following the mixed performance seen in the previous session, the major U.S. stock indexes all moved sharply lower during trading on Thursday. The tech-heavy Nasdaq led the way lower, tumbling to its lowest closing level in over two months. The major averages ended the day off their worst levels of the session but still firmly…