Category: Top Story
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Tamer-Than-Expected Inflation Data Contributes To Rebound On Wall Street
After coming under considerable selling pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Thursday. The tech-heavy Nasdaq led the rebound by the major averages. The Nasdaq jumped 313.04 points or 1.4 percent to 23,006.36 and the S&P 500 (SPI:SP500) advanced 53.33 points or…
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Accenture Shares Rise After Q1 Results and Bookings Beat Forecasts
Accenture (NYSE:ACN) shares climbed 3.8% in premarket trading on Thursday after the consulting and professional services group delivered first-quarter results that exceeded market expectations, supported by solid revenue growth and a sharp increase in new client bookings. For the quarter ended November 30, 2025, Accenture reported adjusted earnings of $3.94 per share, beating analyst forecasts…
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Etsy Shares Climb After Company Unveils $750 Million Buyback Program
Etsy Inc (NYSE:ETSY) shares rose 2.2% in premarket trading on Thursday after the online marketplace operator announced a new authorization to repurchase up to $750 million of its own stock. The company said that, when combined with more than $200 million still available under its existing buyback program, the new authorization brings Etsy’s total potential…
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Dow Jones, S&P, Nasdaq, Futures, Cooler-Than-Forecast Inflation Raises Hopes for a Wall Street Bounce
U.S. stock index futures are pointing to a solidly higher open on Thursday, suggesting equities could recover some lost ground after heavy selling pressure in the previous session. Futures strengthened following the release of fresh consumer inflation data from the U.S. Labor Department, which showed price pressures easing more than economists had anticipated. According to…
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PayPal Shares Slip After Analyst Downgrade Highlights Four Key Headwinds
PayPal (NASDAQ:PYPL) shares moved lower on Thursday after a Morgan Stanley analyst downgraded the stock, pointing to a combination of structural challenges and execution issues that are expected to continue weighing on growth, profitability and investor confidence. Morgan Stanley analyst James Faucette cut his rating on PayPal to Underweight and reduced his price target to…
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Micron Shares Surge on Powerful Outlook Fueled by AI-Driven Memory Demand
Micron Technology (NASDAQ:MU) shares jumped sharply after the memory chipmaker delivered an upbeat outlook, projecting a significant increase in revenue, profits and record-high margins for the current quarter, underpinned by rising memory prices and robust demand linked to artificial intelligence workloads. The stock was up more than 9% in premarket trading on Thursday by 04:28…
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Apple Opens iPhone Ecosystem to Third-Party App Stores in Japan Under New Competition Law
Apple Inc (NASDAQ:AAPL) said on Wednesday that it has begun allowing third-party app stores on iPhones and other devices in Japan, a move made to comply with newly introduced legislation designed to increase competition in the smartphone market. In a statement, Apple said developers in Japan will be able to create and operate their own…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Inflation Data, Micron Outlook and BoE Decision Set the Tone for Markets
U.S. equity futures were mostly higher on Thursday, supported by upbeat guidance from semiconductor group Micron (NASDAQ:MU), although investor sentiment remains sensitive ahead of the release of key U.S. inflation figures. In Europe, several central banks are holding policy meetings, with the Bank of England expected to stand out as the only one to cut…
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U.S. Stocks Move Sharply Lower Amid Renewed Tech Weakness
After ending yesterday’s choppy session narrowly mixed, stocks moved to the upside in early trading on Wednesday but quickly came under pressure. The major averages pulled back well off their highs of the session and firmly into negative territory. The major averages saw further downside going into the end of the day, closing just off…
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Oracle Shares Slide After Report Says Blue Owl Pulls Support for Michigan Data Center
Oracle (NYSE:ORCL) shares fell 2.4% in U.S. premarket trading after a Financial Times report said that Blue Owl Capital, Oracle’s largest partner in data center development, has opted not to support a proposed $10 billion data center project in Michigan that was set to serve OpenAI. According to the report, Blue Owl had been in…