Category: Top Story
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ExxonMobil Beats Q3 Earnings Forecasts as Higher Fuel Prices Boost Refining Profits
ExxonMobil (NYSE:XOM) shares gained more than 1% in premarket trading on Friday after the US energy giant reported third-quarter 2026 earnings above analyst expectations, supported by sharply higher refining margins amid ongoing conflicts in the Middle East and Ukraine. The company posted adjusted earnings per share of $4.23, exceeding the Bloomberg consensus estimate of $4.13.…
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Chevron Shares Rise 2.2% as Q3 Earnings Beat Forecasts on Strong Refining Margins
Chevron Corporation (NYSE:CVX) shares gained 2.2% in premarket trading on Friday after the US energy giant reported third-quarter 2026 earnings and revenue above analyst expectations, supported by stronger refining margins and higher crude oil prices. The company reported adjusted earnings per share of $5.28, exceeding Wall Street’s consensus estimate of $4.88. Revenue increased 36% year…
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Wall Street Futures Slide as Technology Sell-Off Deepens and Oil Prices Surge: Dow Jones, S&P, Nasdaq
US stock futures pointed to a sharply lower opening on Friday, October 30, as renewed selling pressure in technology shares, disappointing corporate forecasts and rising oil prices weighed on investor sentiment. Nasdaq 100 futures plunged 2.7%, suggesting that technology stocks could extend the previous session’s losses. Intel (NASDAQ:INTC) and Amazon (NASDAQ:AMZN) were among the biggest…
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Binance Suspends Withdrawals After $6.3 Billion Cryptocurrency Hack as Bitcoin and Crypto Stocks Fall
Binance temporarily suspended withdrawals after reporting a security breach involving approximately $6.3 billion in stolen digital assets, triggering losses across cryptocurrency markets and shares of companies exposed to the sector. The incident, disclosed on Thursday evening, represents the largest reported cryptocurrency theft on record, according to the exchange. Binance said it had worked with industry…
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Amazon Shares Fall 7.5% as Q3 Earnings Miss Forecasts and AI Spending Weighs on Cash Flow
Amazon (NASDAQ:AMZN) shares declined 7.5% in premarket trading after the technology and e-commerce group reported third-quarter earnings and revenue below Wall Street expectations, while its holiday-quarter sales outlook failed to provide sufficient reassurance to investors. The results highlighted growing concerns about the financial impact of Amazon’s substantial investments in artificial intelligence infrastructure, despite strong revenue…
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Intel Shares Plunge 25% as Weak Fourth-Quarter Outlook Overshadows Strong Q3 Earnings
Intel (NASDAQ:INTC) shares fell 25% in premarket trading after the semiconductor manufacturer issued fourth-quarter revenue and earnings forecasts significantly below Wall Street expectations, despite reporting stronger-than-anticipated third-quarter results. The sharp decline reflected investor concerns about weakness in the personal computer market, lower expected profitability and the challenges facing Intel as it works to strengthen its…
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Nasdaq Futures Slide 2.2% as Amazon and Intel Earnings Fuel AI Spending Concerns, Binance Hit by $6.3 Billion Hack: Dow Jones, S&P, Wall Street
US stock futures declined sharply on Friday as disappointing earnings from major technology companies intensified concerns over artificial intelligence infrastructure spending, while a reported $6.3 billion cyberattack on cryptocurrency exchange Binance added to market uncertainty. Nasdaq 100 futures fell 646 points, or 2.2%, by 04:04 ET (08:04 GMT), indicating further pressure on technology stocks following…
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Alphabet’s AI Spending Shock Drags Nasdaq Down as Dow Holds Up Better
Wall Street closed lower on Thursday, with the Nasdaq Composite taking the brunt of the damage after Alphabet’s earnings revived worries about how much money Big Tech is pouring into artificial intelligence. The Dow Jones Industrial Average and S&P 500 slipped far less, cushioned by gains in health care and small-cap stocks. Fresh data showed…
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Precipio Announces Q3-2026 Shareholder Update Call
Conference Call will be held on November 10th, 2026, at 5:00 PM EST NEW HAVEN, CT – Specialty cancer diagnostics company Precipio, Inc. (NASDAQ:PRPO), will be hosting its Q3-2026 shareholder update call on November 10th, 2026, at 5:00 PM ET. The call will include remarks on the Company’s current core businesses, as well as a moderated live…
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Caterpillar Shares Fall 10% Despite Q3 Earnings Beat as Revenue Rises 17%
Caterpillar (NYSE:CAT) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Thursday, supported by demand for construction equipment and power systems associated with artificial intelligence infrastructure development. Despite the results, shares of the industrial equipment manufacturer declined more than 10% in US premarket trading, alongside broader declines in AI-related stocks. The market movements followed…