Category: Top Story
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Adobe Q3 Revenue Rises 13% as Q4 Guidance Comes in Below Consensus
Adobe Inc. (NASDAQ:ADBE) reported third-quarter earnings and revenue above analyst estimates and raised its fiscal 2026 guidance, while its fourth-quarter revenue forecast came in slightly below consensus. Shares declined 2.7% in premarket trading on Friday. Adjusted earnings per share were $6.13 for the third quarter, compared with an analyst consensus of $6.07. Revenue increased 13%…
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US Stock Futures Rise Ahead of CPI as Oracle and Adobe Report Results: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Friday as investors awaited August consumer inflation data ahead of the Federal Reserve’s interest-rate decision next week. At 02:57 ET (06:57 GMT), Dow futures were up 232 points, or 0.5%, while S&P 500 futures gained 33 points, or 0.4%. Nasdaq 100 futures advanced 120 points, also up 0.4%. The…
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Oil Above $100 Sends Stocks to a Fourth Straight Loss as Yields Surge
U.S. stocks fell for a fourth consecutive session on Thursday as a sharp spike in oil prices reignited inflation worries and pushed Treasury yields to multi-year highs. West Texas Intermediate crude closed above $100 a barrel for the first time in months, and the jump rippled across the market, squeezing corporate margins and raising the…
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Macy’s Shares Fall 3.3% as Full-Year Revenue Guidance Comes in Below Estimates
Macy’s Inc. (NYSE:M) shares fell 3.3% in premarket trading after the department store operator reported second-quarter earnings and revenue above analyst estimates but issued full-year revenue guidance below consensus expectations. Adjusted earnings per share were $0.63, compared with an analyst consensus of $0.35. Revenue increased 1.1% year on year to $4.9 billion from $4.8 billion,…
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U.S. Stock Futures Fall as Oil Tops $100 and Producer Inflation Accelerates: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures moved lower on Thursday as crude oil prices extended their gains and August producer price data showed annual inflation accelerating. U.S. crude futures rose nearly 5% after gaining more than 3% on Wednesday, moving above $100 a barrel. Brent crude also exceeded $100 in the previous session for the first time…
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Nvidia Targets About 2 GW of Australian Data Centre Capacity by 2027
Nvidia (NASDAQ:NVDA) said it is working with Australian companies to develop approximately 2 gigawatts of data centre computing capacity in the country by 2027 as demand for artificial intelligence infrastructure increases. The planned capacity would more than double Australia’s current computing load, according to the supplied information. Nvidia did not disclose financial terms for the…
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Apple Launches $1,999 Foldable iPhone Duo With October Release
Apple (NASDAQ:AAPL) introduced its first foldable smartphone on Wednesday, unveiling the $1,999 iPhone Duo as it enters a market that includes Samsung and Huawei. The passport-sized device opens to a 7.6-inch display and includes a smaller external screen. Apple said the Duo is its thinnest iPhone when unfolded, although it remains thicker than some foldable…
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Starbucks Plans About $1 Billion of North American Cafe Upgrades, FT Reports
Starbucks (NASDAQ:SBUX) plans to invest about $1 billion in upgrades to its North American cafes as part of changes intended to encourage customers to spend more time in its stores, according to a Financial Times report. The coffee chain is planning renovations across as many as 9,000 company-operated locations in North America, the FT reported,…
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Med-X, Inc.: Building a natural alternative in a chemical world
Part One of a Three-Part Investor Series In an era of growing scrutiny over food safety, environmental sustainability, and chemical exposure, a new generation of companies is attempting to rethink products that many consumers rarely consider. Among them is Med-X Inc, a privately held company preparing for a planned NASDAQ listing this autumn, reserved ticker…
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Rising Oil and Surging Yields Drive Wall Street to a Third Straight Loss
US stocks fell for a third consecutive session on Wednesday, September 9, 2026, as a fresh surge in oil prices and a jump in Treasury yields kept investors on the defensive. Crude oil pushed past $100 a barrel amid renewed US-Iran tensions, stoking worries about inflation and corporate profit margins, while a climb in borrowing…