Category: Top Story
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Taco Bell Owner Yum China Shares Climb After Q4 Results Beat Forecasts
Yum China Holdings, Inc. (NYSE:YUMC) reported fourth-quarter results on Wednesday that came in ahead of market expectations, supported by solid same-store sales momentum and strong growth in delivery, lifting its shares in premarket trading. The restaurant operator’s stock rose 1.50% ahead of the opening bell following the earnings release. Adjusted earnings per share for the…
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Eli Lilly Sets Buoyant Revenue Outlook as Demand for Weight-Loss Drugs Stays Strong
Eli Lilly (NYSE:LLY) issued a full-year revenue forecast that comfortably exceeded Wall Street expectations, reflecting sustained momentum behind its fast-growing weight-loss and diabetes medicines. Like many peers, the drugmaker has placed a major strategic bet on the expanding obesity and diabetes market, leaning on the success of its Zepbound and Mounjaro franchises. While both therapies…
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American Airlines CEO Isom Faces Growing Pilot Backlash After Underwhelming Performance
American Airlines Group Inc. (NASDAQ:AAL) CEO Robert Isom is coming under increasing scrutiny from the carrier’s pilots, who argue that his leadership has left the airline lagging behind rivals Delta Air Lines Inc. (NYSE:DAL) and United Airlines Holdings Inc. (NASDAQ:UAL) in terms of profitability. The Allied Pilots Association (APA), which represents roughly 16,000 pilots at…
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Nvidia’s AI Chip Shipments to China Still Paused as U.S. Security Review Drags On
Plans by Nvidia (NASDAQ:NVDA) to restart large-scale sales of its H200 artificial intelligence chips to China remain stalled nearly two months after U.S. President Donald Trump approved the exports, as Washington continues a national security review of the relevant license applications, the Financial Times reported on Tuesday. According to the report, U.S. authorities have yet…
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Banks Shop Oracle Data Center Debt to New Investors, FT Reports
Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as lenders seek fresh pools of capital to absorb the scale of financing required, the Financial Times reported on Wednesday. According to the report, at least $56 billion of data center construction loans have already secured…
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Take-Two Stock Rallies on Upbeat Bookings Forecast Ahead of Planned “GTA VI” Release
Shares of Take-Two Interactive (NASDAQ:TTWO) rose sharply in U.S. premarket trading on Wednesday after the video game publisher delivered stronger-than-expected fiscal third-quarter results and upgraded its full-year outlook, pointing to accelerating net bookings. The company also reaffirmed its plan to release “Grand Theft Auto VI” in November, sticking with the updated timeline after twice postponing…
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Software Shares Slide as Alphabet Earnings Loom; Gold Rebounds: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. equity indices were modestly higher, even as a sharp sell-off in software stocks and looming earnings from big technology names shaped market sentiment. Investors are awaiting quarterly results from Google parent Alphabet (NASDAQ:GOOG), due after the opening bell, with particular focus on spending plans linked to artificial intelligence. Elsewhere, reports…
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Uranium rush in the Athabasca Basin: Stallion Uranium follows in the footsteps of NexGen Energy – an opportunity for Cameco too?
Uranium rush in the Athabasca Basin: Stallion Uranium Corp. (TSXV:STUD) (USOTC:STLNF) follows in the footsteps of NexGen Energy – an opportunity for Cameco too? The global energy industry is currently experiencing a renaissance that seemed unthinkable just a few years ago. Driven by the insatiable appetite for electricity of AI data centers and the geopolitical imperative…
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U.S. Stocks Move To The Downside Amid Rotation Out Of Tech
Stocks moved notably lower during trading on Tuesday, more than offsetting the strength seen in the previous session. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a particularly steep drop. The major averages climbed well off their worst levels in the latter part of the session but…
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MSG Entertainment tops Q2 revenue forecasts as record Rockettes attendance lifts shares
Madison Square Garden Entertainment Corp. (NYSE:MSGE) posted fiscal second-quarter revenue above market expectations on Tuesday, fueled by record attendance at its Christmas Spectacular production, although earnings narrowly missed forecasts. Shares of the live entertainment group rose 1.55% in pre-market trading following the results. For the quarter ended December 31, 2025, MSG Entertainment reported revenue of…