Category: Top Story
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Netflix Shares Edge Higher After Trump Steps Back From Warner Bros Discovery Deal Review
Netflix (NASDAQ:NFLX) shares climbed 1.6% on Thursday morning after U.S. President Donald Trump signalled he would not take part in the dispute involving Netflix and Paramount Skydance over Warner Bros Discovery (NASDAQ:WBD). The streaming company’s stock advanced following remarks Trump made to NBC News indicating he has “decided I shouldn’t be involved” in the ongoing…
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Peloton Shares Sink After Revenue Miss and CFO Exit Announcement
Peloton Interactive Inc. (NASDAQ:PTON) saw its shares fall about 11% after the connected fitness company reported second-quarter results that came in below expectations and revealed that Chief Financial Officer Liz Coddington will step down. The company generated fiscal second-quarter revenue of $656.5 million, missing analyst forecasts of $675.13 million and marking a 3% decline compared…
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Spotify Shares Gain as Company Moves Into Physical Book Retail
Spotify (NYSE:SPOT) shares climbed more than 3% after the streaming platform revealed plans to expand into physical book sales through a new collaboration with Bookshop.org, broadening its presence beyond audiobooks. Starting this spring, premium users in the United States and the United Kingdom will be able to purchase hardcover and paperback titles directly within the…
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A newly-listed XR and AI technology company built for profitable growth
Consumers will play a leading role in tripling the value of the gaming industry from US$292.4 billion in 2025 to more than US$977.4 billion by 2035, but they are by no means the only driver behind expected exponential growth, given the enterprise space’s accelerating entry into the virtual world. We see this tailwind in action…
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Alphabet Projects Up to $185 Billion in 2026 Capital Spending, Surpassing Market Forecasts
Alphabet (NASDAQ:GOOG) delivered quarterly results that exceeded analyst expectations on both earnings and revenue, while outlining a 2026 capital expenditure plan that significantly outpaced market projections. Despite the strong performance, Alphabet shares traded lower in U.S. premarket activity on Thursday following volatile movements during extended trading hours. The results arrive during a period of heightened…
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Snap Shares Rise After Q4 Profit Beats Forecasts Despite User Growth Shortfall
Snap Inc (NYSE:SNAP) shares climbed roughly 6% in premarket trading on Thursday after the social media company reported fourth-quarter earnings that exceeded analyst expectations, even as user growth came in below forecasts and forward guidance remained cautious. The company reported adjusted earnings of $0.03 per share for the fourth quarter, outperforming analyst projections of a…
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Alphabet’s AI Spending Signals, Amazon Earnings and Central Bank Decisions Drive Market Focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures suggested a mixed start to trading on Wall Street as investors evaluated major technology earnings and the continued volatility in software stocks. Alphabet (NASDAQ:GOOG) attracted particular attention after indicating it could significantly increase investment to support its artificial intelligence expansion, while market focus is also shifting toward results from e-commerce giant Amazon…
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Nasdaq Slumps To Lowest Closing Level In Over A Month But Dow Rises
After weighing on the markets during Tuesday’s session, technology stocks showed another significant move to the downside during trading on Wednesday. The tech-heavy Nasdaq slumped to its lowest closing level in over a month after flirting with its record highs just a week. The Nasdaq ended the day off its lows of the session but…
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Levi Strauss shares climb as Jefferies launches coverage with Buy rating
Levi Strauss (NYSE:LEVI) shares rose more than 2% on Wednesday after Jefferies initiated coverage on the denim group with a Buy recommendation, citing improving market share prospects and a business mix that supports steady revenue and earnings growth. Jefferies said Levi is well positioned to deliver long-term annual revenue growth of around 4% to 5%…
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U.S. Markets Set for a Cautious Start After Prior Session’s Tech-Led Slide: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures are signaling a largely flat open on Wednesday, pointing to a tentative start to the session as investors digest the previous day’s losses and look for fresh direction. Futures showed little reaction even after payroll processor ADP reported a much weaker-than-expected increase in private sector hiring for January. According to ADP,…