Category: Top Story
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Dollar Drifts Lower After Fed Decision; Euro Strengthens Ahead of ECB
The U.S. dollar eased slightly on Thursday, trimming some of its previous gains as investors weighed the Federal Reserve’s latest policy decision and updates from U.S.-China trade discussions. At 05:20 ET (09:20 GMT), the Dollar Index — which measures the greenback against a basket of six major currencies — slipped 0.1% to 98.950, having earlier…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Digest Fed Rate Cut, Trump-Xi Trade Talks, and AI-Fueled Tech Earnings
U.S. futures were steady on Thursday as investors weighed a series of pivotal developments — from the Federal Reserve’s latest interest rate decision to a rare meeting between Donald Trump and Xi Jinping, and blockbuster earnings from major tech firms expanding their artificial intelligence ambitions. Wall Street pauses after volatile session By 03:43 ET, Dow…
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Stellantis Posts First Revenue Growth in Nearly Two Years as Analysts Highlight Upcoming Charges
Stellantis (NYSE:STLA) reported its first increase in quarterly revenue after seven consecutive declines, signaling early signs of progress in CEO Antonio Filosa’s efforts to reshape and revitalize the automaker. However, shares slipped more than 4% in early Thursday trading after analysts pointed to potential second-half charges that could weigh on results. Filosa, who now leads…
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Meta raises capex for 2025 and forecasts a jump in 2026; profit is affected by a one-time tax, but Q3 2025 revenue exceeds projections
Meta Platforms (NASDAQ:META) reported revenue of $51.24 billion in Q3 2025, up 26% year-over-year, exceeding estimates of $49.41–49.6 billion. GAAP net income was $2.71 billion, pressured by an extraordinary non-monetary tax expense of $15.93 billion related to the “One Big Beautiful Bill.” The effective tax rate jumped to 87% (12% a year ago). Without the…
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Alphabet beat estimates with a 16% increase in revenue and strength in Google Cloud
Alphabet (NASDAQ:GOOGL) released quarterly earnings that exceeded Wall Street expectations with strong results in advertising and explosive growth in Google Cloud. Revenue rose 16%, reaching a record US$102.3 billion, above the forecast of US$99.9 billion. Net income totaled US$34.97 billion, equivalent to US$2.87 per share, compared to US$2.12 in the same period of 2024. Excluding…
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Microsoft beats forecasts, but warns of rising AI costs and Azure failures
Microsoft (NASDAQ:MSFT) released quarterly results on Wednesday (29) after the market closed, and beat Wall Street estimates with revenue of $77.7 billion and earnings per share of $3.72, above the expected $75.6 billion and $3.68. However, high costs related to artificial intelligence infrastructure and recent technical failures raised concerns. Hours before the announcement, the company…
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Starbucks resumes growth in comparable stores after six quarters of decline
Starbucks (NASDAQ:SBUX) pleased the market by reporting growth in comparable store sales for the first time in over a year, proving that its “Back to Starbucks” turnaround plan, led by CEO Brian Niccol, is showing results. Even with lower-than-expected profits, investors initially reacted positively, with Starbucks shares rising 1.6% after the market closed, despite a…
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Get in now: How DroneShield, NEO Battery Materials, and Hensoldt are benefiting from exploding defense budgets
The drone revolution is fundamentally changing warfare and driving defense spending to unprecedented heights. This technological turning point is opening up unique investment opportunities. Analysts are already talking about a supercycle in this area. Those who invest now in the key technologies of tomorrow can benefit from this structural megatrend. Three specialized companies that embody…
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Fubo Shares Surge After Completing Merger with Disney’s Hulu + Live TV
fuboTV Inc. (NYSE:FUBO) shares soared 29% on Wednesday after the sports-first streaming platform announced the completion of its merger with Disney’s (NYSE:DIS) Hulu + Live TV business, creating a new powerhouse in the U.S. pay television market. The combined company becomes the sixth-largest pay TV provider in the United States, serving nearly 6 million subscribers…
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Micron Shares Rise as SK Hynix Outlook Signals Faster Memory Market Recovery
Micron Technology (NASDAQ:MU) shares climbed 3% in premarket trading Wednesday after SK Hynix delivered a strong third-quarter report pointing to a sharper-than-expected rebound in the global memory market. The South Korean memory giant’s results indicated clear visibility into demand across product lines through 2026, alongside plans to ramp up investment to address expected supply shortages…