Category: Top Story
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Lockheed Martin raises full-year outlook after strong second-quarter results (NYSE:LMT)
Lockheed Martin (NYSE:LMT) shares surged more than 7% in premarket trading on Thursday after the defence contractor reported second-quarter earnings and revenue above market expectations while raising its full-year financial guidance. The improved outlook was driven by stronger production across the company’s business segments, particularly within its missile programmes, alongside robust cash generation and a…
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Tesla shares fall after earnings miss despite record deliveries and AI investment (NASDAQ:TSLA)
Tesla (NASDAQ:TSLA) shares fell more than 5% in premarket trading on Thursday after the electric vehicle maker reported earnings below market expectations, with softer automotive margins and negative free cash flow overshadowing record vehicle deliveries and continued investment in artificial intelligence. The results reinforced investor concerns about the company’s ability to balance heavy spending on…
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IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)
IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth.…
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Alphabet shares fall as rising AI investment overshadows strong quarterly earnings (NASDAQ:GOOG)
Alphabet (NASDAQ:GOOG) shares moved lower in pre-market trading on Thursday after investors focused on the company’s sharply higher artificial intelligence spending, despite another quarter of strong revenue growth and earnings that comfortably exceeded expectations. The stock fell around 3.5% before the opening bell as concerns over accelerating capital expenditure outweighed the company’s solid financial performance.…
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Alphabet, Tesla and IBM earnings in focus as investors await ECB rate decision: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures traded lower on Thursday as investors digested quarterly results from Alphabet, Tesla and IBM while awaiting the European Central Bank’s latest interest rate decision. Ongoing tensions in the Middle East and rising oil prices also remained key drivers of market sentiment. Futures decline as geopolitical risks weigh on markets Wall Street futures…
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Wall Street Closes Mixed as Nasdaq Slips Ahead of Big Tech Earnings and Oil Jumps on Iran Tensions
U.S. stocks finished a choppy session mixed on Wednesday, with the Dow Jones Industrial Average essentially flat while the S&P 500 and Nasdaq Composite slipped as investors turned cautious ahead of a wave of earnings from technology heavyweights due after the closing bell. Oil prices climbed sharply on renewed tension surrounding Iran, lifting energy shares…
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Markets in Motion: rate uncertainty puts gold back in focus
Bruce Campbell examines interest-rate expectations, deeply pessimistic gold sentiment and improving momentum in financials, healthcare and materials.
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Wall Street set for weaker open as oil surge and earnings season dominate sentiment: Dow Jones, S&P, Nasdaq, Futures
Rising crude prices and geopolitical tensions weigh on investor outlook U.S. stock futures pointed lower on Wednesday, signalling a softer start to trading as investors assessed surging oil prices, escalating tensions between the United States and Iran, and a packed schedule of corporate earnings. Crude oil extended its recent rally after U.S. Central Command confirmed…
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Philip Morris shares edge lower despite second-quarter earnings beat and record revenue (NYSE:PM)
Strong quarterly results overshadowed by softer third-quarter outlook Philip Morris International Inc. (NYSE:PM) reported better-than-expected second-quarter 2026 results on Wednesday, but investors focused on weaker-than-anticipated third-quarter earnings guidance, sending the stock modestly lower. The tobacco company posted adjusted earnings per share of $2.20, comfortably ahead of the analyst consensus estimate of $2.03. Revenue reached a…
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Moody’s shares edge lower despite second-quarter earnings beat and strong revenue growth (NYSE:MCO)
Results exceed expectations as outlook disappoints investors Moody’s Corporation (NYSE:MCO) reported stronger-than-expected second-quarter 2026 results on Wednesday, although investors focused on a slightly softer full-year earnings outlook that weighed on the stock. The credit ratings and analytics company posted adjusted earnings per share of $4.68, comfortably ahead of the analyst consensus estimate of $4.21. Revenue…