Category: Top Story
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AMD shares retreat despite record revenue and upbeat outlook
Advanced Micro Devices (NASDAQ:AMD) shares fell 7.3% in pre-market trading after investors looked beyond another quarter of record revenue and stronger-than-expected guidance, focusing instead on weaker gross margins, rising capital expenditure and the loss of a major AI customer. The semiconductor company reported second-quarter 2026 revenue of $11.54 billion, a 50% increase from a year…
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SpaceX posts surging revenue in first results as public company, driven by Starlink and AI
SpaceX (NASDAQ:SPCX) almost doubled its revenue in its first quarterly earnings report since becoming a publicly traded company, as rapid expansion across its Starlink satellite network and artificial intelligence businesses fuelled growth. However, management also made clear that the company’s aggressive investment programme is set to continue. The Elon Musk-led group said it expects to…
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Middle East optimism lifts sentiment as SpaceX and AMD earnings dominate attention: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures edged higher on Wednesday as investors reacted to renewed hopes of easing tensions in the Middle East, while corporate earnings from SpaceX (NASDAQ:SPCX), Advanced Micro Devices (NASDAQ:AMD) and Novo Nordisk (NYSE:NVO) drove significant pre-market trading. Although geopolitical developments supported overall market sentiment, investors also assessed company-specific news, particularly Elon Musk’s latest comments,…
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This junior gold and copper miner is just warming up
While investing in commodities central to global commerce is a sound strategy, supposing you’re after inflation hedges, as well as exposure to essential industries with long-term tailwinds, holding a share of metals or minerals in a vault doesn’t generate value, merely tapping your portfolio into economic sentiment surrounding your chosen commodities. In this scenario, returns…
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Strong cash flow + blue-chip customers = long-term growth
For many energy-service companies, a temporary slowdown in order timing can obscure the quality of the underlying business. OMS Energy Technologies (NASDAQ:OMSE) appears to be one such case. While fiscal year 2026 revenue declined from an exceptionally strong prior year, the company’s financial results reveal a business that remains highly profitable, cash generative, and deeply…
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Strong cash flow + blue-chip customers = long-term growth
For many energy-service companies, a temporary slowdown in order timing can obscure the quality of the underlying business. OMS Energy Technologies (NASDAQ:OMSE) appears to be one such case.
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Dow Closes Above 54,000 as Tech Rally Powers Record Highs
U.S. stocks surged on Tuesday, with all three major indexes posting strong gains as a rebound in technology shares and easing geopolitical tensions sent Wall Street to fresh record territory. Blowout earnings from Palantir set the tone early, reigniting an artificial-intelligence trade that had wobbled through July, while a slide in oil prices tied to…
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Pfizer Raises Revenue Outlook as Eliquis Sales Drive Strong Quarter
Pfizer (NYSE:PFE) increased the lower end of its full-year revenue guidance after reporting second-quarter 2026 results that exceeded Wall Street expectations, supported by robust sales of its blood thinner Eliquis. The pharmaceutical company also reaffirmed its earnings outlook for the year, while its shares moved higher in U.S. pre-market trading following the announcement. Revenue and…
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McDonald’s Beats Earnings Forecasts Despite Slight Revenue Miss
McDonald’s Corporation (NYSE:MCD) reported second-quarter 2026 results that exceeded Wall Street earnings expectations, although revenue came in slightly below analyst forecasts. The fast-food giant delivered higher profit and positive comparable sales growth across all of its operating segments, helping lift the stock 2.6% in pre-market trading. Earnings Top Expectations McDonald’s posted adjusted earnings of $3.38…
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Cannabix Technologies Targets Combat Sports with Marijuana Breath Test
Cannabix Technologies (CSE:BLO) (USOTC:BLOZF) has taken another step in the commercialisation of its Marijuana Breath Test (MBT), announcing a strategic move into the combat sports market through its participation at the Association of Boxing Commissions (ABC) 38th Annual Conference. The development highlights the company’s growing focus on real-world deployment in safety-critical industries where rapid, objective…