Category: Top Story
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ExxonMobil tops profit forecasts in Q3, but revenue misses; shares dip
Exxon Mobil (NYSE:XOM) posted mixed financial results for the third quarter, as earnings exceeded market expectations while revenue fell slightly short of forecasts. Shares of the oil and gas major declined more than 1% in premarket trading following the announcement. The company reported earnings per share of $1.88, beating the consensus estimate of $1.83, while…
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Colgate-Palmolive trims sales outlook as Q3 earnings surpass forecasts
Colgate-Palmolive Company (NYSE:CL) posted third-quarter results that exceeded Wall Street expectations on Wednesday, with adjusted earnings per share of $0.91, topping the consensus estimate of $0.89. Shares of the consumer goods leader rose about 1% in early trading after the announcement. Quarterly revenue reached $5.13 billion, matching analyst projections and marking a 2% increase year-over-year.…
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Getty Images shares surge on AI licensing deal with Perplexity
Getty Images Holdings Inc (NYSE:GETY) saw its shares soar 58% in premarket trading on Friday after unveiling a new licensing partnership with AI-driven search platform Perplexity, marking another major collaboration between traditional media and artificial intelligence firms. Under the agreement, Perplexity will gain access to Getty’s extensive creative and editorial photo archive, integrating it into…
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Dow Jones, S&P, Nasdaq, Futures, Amazon and Apple Earnings Lift Market Sentiment; Wall Street Set for Rebound
U.S. stock futures pointed higher on Friday, suggesting Wall Street may bounce back after Thursday’s selloff, as investors reacted positively to strong quarterly results from major tech names Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). Early optimism is being fueled by upbeat earnings reports that reignited confidence in the resilience of the tech sector. Amazon shares surged…
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Atlassian Shares Surge After Earnings Beat on Strong Cloud Growth and Expanding AI Adoption
Atlassian Corporation (NASDAQ:TEAM) jumped more than 5% in premarket trading Friday after the team collaboration software provider reported first-quarter fiscal 2026 results that topped Wall Street estimates, powered by accelerating demand for its cloud offerings and growing adoption of artificial intelligence tools. The company posted adjusted earnings per share of $1.04, beating expectations by $0.20,…
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Roku Shares Fall Despite Q3 Profit Beat as Slower Growth Outlook Weighs on Sentiment
Roku Inc. (NASDAQ:ROKU) shares dropped 6% in premarket trading Friday, as investors focused on the company’s softer revenue growth forecast, overshadowing its stronger-than-expected third-quarter results and first quarterly operating profit since 2021. The streaming platform reported adjusted earnings per share of $0.16, surpassing analyst estimates of $0.09, while revenue reached $1.21 billion, in line with…
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Portland General Electric Shares Climb After Beating Q3 Profit Expectations
Portland General Electric Company (NYSE:POR) saw its shares rise 3.82% in premarket trading Friday after reporting third-quarter adjusted earnings that came in above Wall Street forecasts, even as revenue narrowly missed estimates. The Oregon-based utility posted adjusted earnings of $1.00 per diluted share for the third quarter of 2025, topping the analyst consensus of $0.98.…
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Apple Shares Rise as Tim Cook Predicts Record Holiday Quarter on Strong iPhone 17 Demand
Apple Inc. (NASDAQ:AAPL) shares climbed more than 2% in U.S. premarket trading Friday after CEO Tim Cook said robust iPhone 17 sales are expected to drive double-digit revenue growth in the current quarter — setting the stage for what he called potentially the company’s “best ever” holiday season. The optimistic outlook followed Apple’s fiscal fourth-quarter…
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Reddit Shares Surge After Crushing Q3 Estimates and Issuing Strong Outlook
Reddit Inc. (NYSE:RDDT) soared more than 12% in premarket trading Friday after the social media company delivered quarterly results that far exceeded Wall Street expectations and issued a confident outlook for the coming quarter. The company posted impressive revenue growth and a sharp improvement in profitability, driven by higher engagement and stronger monetization efforts. Adjusted…
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Amazon Shares Jump After Earnings Beat Driven by AWS Rebound and AI Momentum
Amazon.com Inc. (NASDAQ:AMZN) surged more than 12% in premarket trading Friday after posting quarterly results that topped Wall Street expectations, fueled by a rebound in its cloud computing unit and accelerating demand for artificial intelligence services. For the third quarter, Amazon reported earnings per share of $1.95, exceeding analysts’ forecasts of $1.56, while revenue climbed…