Category: Top Story
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Wall Street poised for a firmer open as hopes for a U.S.-Iran agreement support sentiment: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures traded modestly higher ahead of Friday’s opening bell, indicating that Wall Street could extend the gains recorded in the previous session as investors continued to monitor developments surrounding a potential agreement between the United States and Iran. Improving confidence that diplomatic efforts may lead to a lasting de-escalation in the Middle East…
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Dell raises outlook on surging AI infrastructure demand, sending shares sharply higher (DELL)
Dell (NYSE:DELL) increased its full-year revenue and earnings guidance on Thursday, highlighting robust demand for its artificial intelligence-focused server portfolio as businesses accelerate investments in data center infrastructure powered by advanced Nvidia technology. The upbeat forecast triggered a strong market reaction, with Dell shares jumping around 39% in extended trading as investors welcomed evidence that…
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Virgin Galactic surges as flight-testing restart and SpaceX IPO excitement fuel rally (SPCE)
Virgin Galactic Holdings Inc (NYSE:SPCE) continued its remarkable advance on Thursday, 28 May, with shares climbing 19.53% during regular trading before adding a further 14% in after-hours activity. The move positions the stock for a sixth consecutive day of gains and extends its cumulative rise to more than 83% over the past five trading sessions.…
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Markets watch Iran ceasefire talks as investors assess mega IPO valuations: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures traded in a narrow range on Friday as investors monitored reports suggesting progress in negotiations aimed at extending the ceasefire between the United States and Iran. At the same time, attention remained focused on a series of potentially record-breaking public offerings expected later this year, including those involving artificial intelligence and space…
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Tech Rally Lifts S&P 500 and Nasdaq to Record Closes
The S&P 500 and Nasdaq Composite both closed at fresh record highs on Thursday as a wave of strong earnings reports and a blockbuster deal in cloud computing gave investors reason to buy, even as geopolitical tensions in the Middle East kept a lid on the Dow. Technology and consumer-facing stocks led the charge, while…
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Wall Street futures edge lower as oil prices rebound on renewed U.S.-Iran tensions: Dow Jones, S&P, Nasdaq
U.S. stock futures pointed to a slightly weaker open on Thursday, with investors appearing cautious after the previous session ended with modest gains following uneven trading throughout the day. A rebound in crude oil prices pressured sentiment as concerns resurfaced over escalating tensions between the United States and Iran. U.S. crude futures climbed more than…
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Drone stocks rally after report of Pentagon-backed funding discussions
Shares of several U.S. drone manufacturers moved sharply higher Monday after a report from The Wall Street Journal said the Trump administration is considering funding agreements with domestic drone companies to strengthen U.S. production capabilities. Unusual Machines (AMEX:UMAC) surged 25%, while Red Cat (NASDAQ:RCAT) gained 13%. AeroVironment (NASDAQ:AVAV) and Kratos Defense & Security (NASDAQ:KTOS) each…
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Eli Lilly shares edge higher after CVS expands coverage for Zepbound obesity drug (LLY)
Eli Lilly and Company (NYSE:LLY) shares gained about 1% in premarket trading Thursday after CVS Caremark announced it would add the company’s obesity treatment Zepbound to its preferred drug formulary. Lilly said the decision means all three of the largest pharmacy benefit managers in the United States will now provide coverage for the company’s full…
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Best Buy shares jump on earnings beat and stronger comparable sales growth (BBY)
Best Buy (NYSE:BBY) shares surged nearly 10% in premarket trading after the electronics retailer reported first-quarter results that topped analyst expectations, supported by improved comparable sales and strength across several key product categories. Adjusted earnings per share came in at $1.28, exceeding the consensus estimate of $1.22 by $0.06. Revenue for the quarter reached $8.94…
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Build-A-Bear shares gain 6% after earnings beat offsets revenue shortfall (BBW)
Build-A-Bear Workshop Inc. (NYSE:BBW) shares climbed 6.22% in premarket trading on Thursday after the company delivered stronger-than-expected quarterly earnings and increased its profit outlook, despite reporting revenue below analyst forecasts. The specialty retailer posted adjusted earnings per share of $1.03 for the first quarter, surpassing Wall Street expectations of $0.76 by $0.27. Revenue totaled $125.3…