Category: Top Story
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Amazon Earnings and Rising Crude Oil Prices Drive Market Momentum: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside after ending the previous session sharply higher. Technology stocks appear poised to extend yesterday’s rally amid a sharp increase by shares of online retail giant Amazon (NASDAQ:AMZN). Shares of Amazon are soaring…
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July Chicago PMI & Michigan Consumer Sentiment: What to Expect Today
MNI Indicators is scheduled to release its report on Chicago-area business activity in the month of July at 9:45 am ET. The Chicago business barometer is expected to dip to 55.0 in July from 56.7 in June, although a reading above 50 would still indicate growth. At 10 am ET, the University of Michigan is…
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Microsoft’s Cloud Blowout Sparks Broad Rally as Nasdaq Posts Best Day Since June
Wall Street roared higher on Thursday, with a wave of upbeat technology earnings reigniting enthusiasm for the artificial-intelligence trade and lifting all three major indexes sharply. A blockbuster quarter from Microsoft, driven by surging cloud demand, set the tone for the session and pulled chipmakers and other tech names along with it. The buying was…
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Oracle Shares Climb as Expanded Google Cloud Alliance Brings Gemini AI to Enterprise Software
Oracle (NYSE:ORCL) shares gained 3.3% on Thursday after the company announced a significant expansion of its partnership with Google (NASDAQ:GOOG), bringing Google’s Gemini artificial intelligence models deeper into Oracle’s enterprise software portfolio. The stock also received support from broader gains across the technology sector. The collaboration is designed to give enterprise customers greater flexibility when…
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Ferrari Raises 2026 Outlook Despite Second-Quarter Earnings Miss
Ferrari N.V. (NYSE:RACE) reported second-quarter results that came in below Wall Street expectations, but investors welcomed the company’s improved full-year outlook, sending the luxury automaker’s shares about 5% higher in premarket trading. The upgraded guidance was supported by continued strength in Ferrari’s personalization business, which helped offset the softer-than-expected quarterly figures. Revenue Grows as Company…
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Technology Stocks Set to Lift Wall Street at the Open After Sharp Sell-Off: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a stronger opening on Thursday, with investors looking for a rebound after the heavy losses recorded in the previous session. Technology shares appeared poised to lead the recovery, with Nasdaq 100 futures climbing 1.6% ahead of the opening bell. Microsoft Strength Offsets Meta Weakness Buying interest in beaten-down technology…
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Starbucks Jumps After Strong Third-Quarter Results and Higher Full-Year Outlook
Starbucks Corporation (NASDAQ:SBUX) reported third-quarter results that comfortably exceeded Wall Street expectations, supported by stronger customer traffic in North America and continued progress under its turnaround strategy. The coffee chain also raised its financial outlook for the full fiscal year. Shares rose more than 6% in premarket trading on Thursday as investors welcomed the company’s…
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Robinhood Beats Second-Quarter Expectations as Revenue Reaches Record High
Robinhood Markets Inc. (NASDAQ:HOOD) reported stronger-than-expected second-quarter results, with both earnings and revenue exceeding Wall Street forecasts. Although the stock initially declined in after-hours trading, it recovered to trade broadly unchanged in premarket trading by 06:31 ET on Thursday. The online brokerage benefited from robust trading activity and disciplined cost management during the quarter, while…
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Microsoft Shares Jump After Strong Outlook and Solid AI-Driven Growth
Microsoft (NASDAQ:MSFT) shares surged 8% in premarket trading on Thursday after the technology giant issued stronger-than-expected revenue guidance for the current quarter while leaving its capital spending plans for calendar year 2026 broadly unchanged. The upbeat outlook followed better-than-expected quarterly earnings, driven by continued strength in Microsoft’s cloud computing and artificial intelligence businesses. Analysts Turn…
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Meta Shares Slide After Weak Third-Quarter Revenue Outlook Overshadows Sales Growth
Meta Platforms (NASDAQ:META) shares fell more than 8% in premarket trading on Thursday after the company issued third-quarter revenue guidance that disappointed investors, despite reporting revenue ahead of expectations for the second quarter. The social media giant also posted earnings that missed Wall Street forecasts as rising legal, restructuring and infrastructure costs weighed on profitability.…