Category: Top Story
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U.S. stocks set for positive open as Nvidia earnings lift tech sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a stronger opening on Thursday, with technology shares leading early gains after Nvidia (NASDAQ:NVDA) delivered better-than-expected quarterly results and an encouraging revenue outlook. Nasdaq 100 futures climbed around 1%, signalling renewed appetite for technology stocks after the major averages finished the previous session modestly lower. Nvidia shares surged 6.5% in…
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Dollar Tree shares slip despite strong Q2 earnings beat
Dollar Tree Inc. (NASDAQ:DLTR) shares fell around 3% in pre-market trading despite the discount retailer delivering second-quarter earnings and revenue above Wall Street expectations, as investors focused on a softer-than-anticipated outlook for the third quarter. Adjusted earnings per share reached $2.70, substantially ahead of the analyst consensus of $1.11. Revenue increased 7.0% year over year…
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Hormel Foods tops earnings expectations and raises profit outlook
Hormel Foods Corporation (NYSE:HRL) delivered better-than-expected third-quarter earnings on Thursday and raised its full-year adjusted profit guidance, although revenue came in below Wall Street forecasts. Shares of the global branded food company slipped 1.98% in pre-market trading following the release. Hormel reported adjusted earnings per share of $0.37, exceeding the analyst consensus of $0.35 by…
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Nvidia shares climb as 70% growth forecast signals AI investment boom has further to run
Nvidia (NASDAQ:NVDA) shares rose around 6% in premarket trading on Thursday after the chipmaker delivered a powerful long-term growth outlook, reinforcing expectations that global investment in artificial intelligence infrastructure will remain a major driver of demand for years to come. The company forecast revenue growth of 70% for its next fiscal year, ending January 2028,…
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Meta settlement puts fresh focus on global efforts to protect young social media users
Meta (NASDAQ:META) is facing renewed international scrutiny over protections for younger social media users after agreeing a settlement of up to $18 billion with nearly 50 US states, a development regulators say demonstrates that technology companies have tools available to strengthen online safeguards. The agreement, which addresses claims concerning the impact of Facebook and Instagram…
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CrowdStrike shares surge after Q2 beat and stronger fiscal 2027 outlook
CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares jumped around 8% in premarket trading on Thursday after the cybersecurity specialist delivered second-quarter results ahead of Wall Street expectations and raised its full-year forecasts. The company reported earnings of $0.31 per share, exceeding the analyst consensus of $0.29. Revenue reached $1.47 billion, also coming in ahead of expectations of…
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Salesforce shares surge as AI growth powers strong Q2 and upgraded outlook
Salesforce (NYSE:CRM) shares jumped 11% in US premarket trading on Thursday after the enterprise software group delivered second-quarter results ahead of Wall Street expectations, supported by rapidly expanding artificial intelligence demand, stronger profitability and robust cash generation. Adjusted earnings reached $5.90 per share, comfortably exceeding the analyst estimate of $3.27 by $2.63. Revenue rose 11%…
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US futures rise as Nvidia earnings revive AI optimism and Salesforce lifts outlook: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Thursday as Nvidia (NASDAQ:NVDA) delivered stronger-than-expected quarterly results and an ambitious medium-term growth outlook, helping reinforce investor confidence in the artificial intelligence investment cycle. Sentiment received an additional boost from Salesforce (NYSE:CRM), which raised its full-year guidance following better-than-expected quarterly results and announced an expanded artificial intelligence partnership with…
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Wall Street Ends Narrowly Lower as Investors Hold Their Breath for Nvidia Earnings
U.S. stocks closed slightly lower on Wednesday, drifting through a quiet session as traders held back ahead of Nvidia’s highly anticipated quarterly report due after the closing bell. Fresh inflation data that showed price pressures remain elevated gave investors little reason to chase stocks higher, and the major averages spent much of the day hovering…
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Meta agrees up to $18 billion settlement in youth social media case
Meta Platforms (NASDAQ:META) has agreed to pay up to $18 billion to resolve claims brought by attorneys general from 29 U.S. states alleging that its social media platforms harmed children. Meta shares initially climbed more than 4% in pre-market trading as investors welcomed the removal of a potentially unpredictable legal liability, although the gains later…