Category: Top Story
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Hormel Foods shares rise nearly 4% after earnings beat and continued sales momentum (HRL)
Hormel Foods Corporation (NYSE:HRL) posted better-than-expected second-quarter results on Thursday, helping lift shares 3.74% in premarket trading as investors reacted positively to signs that the company’s turnaround efforts are gaining momentum. The food producer reported adjusted earnings per share of $0.40, ahead of analyst expectations of $0.36. Quarterly revenue came in at $2.97 billion, slightly…
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U.S. Futures Slip as Renewed U.S.-Iran Strikes Shake Market Sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures traded lower on Thursday while oil prices climbed after a fresh exchange of military strikes between the United States and Iran undermined hopes for a near-term peace agreement. Investors were also preparing for the release of a closely watched U.S. inflation report expected later in the session. At 03:37 ET, Dow Jones…
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Dow Sets Fresh Record as Oil Slide Lifts Blue Chips; Tech Lags on Chip Pullback
Wall Street closed on a split note Wednesday as falling oil prices and renewed Iran peace hopes powered the Dow Jones Industrial Average to a fresh all-time high, while a sharp pullback in semiconductor stocks kept the broader market pinned near the flatline. The session underscored a clear rotation out of high-flying tech names and…
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Markets in Motion: tech earnings challenge valuation fears
Strong tech earnings continue to drive market leadership Technology continues to dominate market leadership in 2026, and according to Bruce Campbell, the earnings data may justify much of the enthusiasm. In this week’s Markets in Motion, Campbell highlights how both technology and energy have emerged as the top-performing sectors year-to-date. While concerns around valuation remain common,…
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Nasdaq, S&P 500 Target New Gains Ahead of Key Inflation Data: US Stock Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Wednesday, with stocks likely to see further upside following the strength seen in the previous session. Technology stocks may help lead the way higher once again, as reflected by the 0.8 percent advance by the tech-heavy Nasdaq 100 futures. Shares…
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NVIDIA Reveals New Taipei AI Campus and Expands Taiwan Investment Plans (NVDA)
NVIDIA (NASDAQ:NVDA) chief executive Jensen Huang unveiled the company’s new Constellation campus in Taipei on Wednesday and said the group plans to increase its annual investment in Taiwan to as much as $150 billion. Speaking during the launch event, Huang said NVIDIA’s yearly spending in Taiwan has risen sharply from roughly $10 billion to $15…
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Walmart Signals Potential Price Increases as Food Producers Focus on Margins (WMT)
Walmart (NYSE:WMT) absorbed roughly $175 million in fuel expenses above expectations during the first quarter of fiscal 2027, creating an estimated 250 basis point drag on operating income growth across its worldwide logistics, distribution and fulfillment operations, according to Barclays. The retailer said the move to absorb the additional costs was deliberate, allowing it to…
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Almonty CEO: World’s most advanced tungsten mine
Almonty Industries (NASDAQ:ALM) (TSX:AII) CEO Lewis Black unveils Sangdong, the West’s most advanced tungsten mine Register for free for the International Investment Forum (IIF). The IIF provides information on investment trends and ideas, covering all aspects of various industries, from top executives and managers around the world. Join us for an exclusive deep dive with Lewis Black, as he…
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Micron Surges Into $1 Trillion Club After Record Rally and Bullish Analyst Calls
Shares of Micron Technology Inc (NASDAQ:MU) jumped 19.29% on Tuesday, May 26, climbing to a new all-time high of $916.80 and pushing the semiconductor group’s market capitalisation above the symbolic $1 trillion threshold for the first time. The rally has extended an extraordinary run for the stock, which has gained 70% over the past month…
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U.S. Regulators Reportedly Near Approval of Paramount’s Warner Bros. Discovery Deal (WBD)
U.S. antitrust authorities appear close to approving Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD), according to a report published Tuesday by Semafor citing sources familiar with the discussions. The report said senior executives from Paramount met with officials at the U.S. Department of Justice for roughly two hours, during which Paramount chief…