Category: Top Story
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Oracle Shares Surge on Momentum Around TikTok U.S. Deal and OpenAI Funding Talks
Oracle Corporation (NYSE:ORCL) shares climbed more than 5% in premarket trading on Friday after reports pointed to progress on a potential restructuring of TikTok’s U.S. business and renewed investor enthusiasm around artificial intelligence following fundraising discussions at OpenAI. According to media reports, TikTok owner ByteDance has agreed to divest more than 80% of the app’s…
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FedEx Beats Second-Quarter Forecasts on Efficiency Gains, Lifts Annual Guidance but Stock Dips
FedEx (NYSE:FDX) reported fiscal second-quarter results that exceeded market expectations on both earnings and revenue and increased its full-year outlook, pointing to firmer pricing, rising U.S. shipment volumes and continued progress on cost-saving initiatives. Despite the strong quarterly performance, the delivery group’s shares slipped 1.4% in premarket trading on Friday. Analysts suggested the market reaction…
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US Launches Review That Could Open Door to Nvidia AI Chip Exports to China
The Trump administration has begun an internal government review that may allow Nvidia (NASDAQ:NVDA) to resume shipping its advanced H200 artificial-intelligence chips to China, according to a Reuters report published Thursday, citing people familiar with the process. Nvidia’s shares gained 1.3% in premarket trading on Friday, rising by 04:23 ET, as investors reacted to the…
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Ford Announces Recall of More Than 270,000 U.S. Vehicles Over Parking Risk
Ford Motor Company (NYSE:F) has launched a recall covering 272,645 vehicles across the United States after identifying a defect that could compromise the parking function and allow affected vehicles to move unexpectedly. The U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday that the action involves a range of Ford electric and hybrid models.…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Nike Results, BOJ Tightening and EU Support for Ukraine Shape Market Moves
Global markets were mixed on Friday as investors weighed softer US inflation data against weak earnings signals from Nike (NYSE:NKE), a fresh interest rate increase from the Bank of Japan, and a new financial support package for Ukraine agreed by the European Union. US futures hold modest gains despite Nike pressure US equity futures edged…
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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…