Category: Top Story
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Disney tops profit expectations despite slump in entertainment earnings
Walt Disney (NYSE:DIS) delivered better-than-expected fiscal fourth-quarter earnings on Thursday, even as weakness across its entertainment division weighed on overall performance. The group’s studio and TV arm continued to feel the strain of softer audience reception and structural industry shifts. Operating income for the entertainment division fell more than 35% to $691 million, coming in…
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Cisco surges 7% as booming AI demand prompts annual outlook upgrade
Cisco Systems (NASDAQ:CSCO) jumped more than 7% in premarket trading on Thursday after the company lifted its full-year financial guidance, citing accelerating demand for networking hardware tied to the rapid buildout of AI-driven data centers. The tech group now expects fiscal 2026 revenue of $60.2 billion to $61 billion, up from its prior range of…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Trump signs bill ending U.S. shutdown; Cisco boosts guidance: what’s moving markets
U.S. equity futures edged higher early Thursday after President Donald Trump signed a funding measure that formally ends the longest federal government shutdown in the nation’s history. With Washington finally reopening, traders are preparing for a wave of delayed economic releases—though the White House has already cautioned that some key October indicators may never appear.…
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NEO Battery Materials: Making companies like Rheinmetall and Mercedes-Benz less dependent on China’s battery market
The next wave of the industrial revolution is being driven by high-performance batteries. They are the lifeblood of booming sectors such as electromobility, autonomous drones, and AI-powered factories. Investors who back the companies developing and integrating these advanced energy storage systems are positioning themselves at the forefront of a megatrend worth billions. Battery innovator NEO…
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AMD Shares Surge Over 10% After Laying Out Bold AI Data Center Growth Plans
Advanced Micro Devices (NASDAQ:AMD) jumped more than 10% in early U.S. trading Wednesday, after unveiling ambitious long-term growth targets at its first financial analyst day in three years. The stock has already climbed 16% since early October, when AMD signed a multiyear partnership with OpenAI, the creator of ChatGPT — a deal expected to generate…
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Knightscope Shares Climb After Reaching $1 Million in New Contracts and Renewals
Knightscope Inc. (NASDAQ:KSCP) shares rose 6.4% on Wednesday after the security technology firm announced it had surpassed the $1 million mark in combined new contracts and client renewals. The milestone reflects strong momentum across the company’s Emergency Communication Device (ECD) and Autonomous Security Robot (ASR) segments, underscoring expanding adoption of its technology-driven safety solutions. Knightscope…
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Bitcoin Holds Near $104,700 as U.S. Government Reopening Fails to Lift Crypto Sentiment
Bitcoin (COIN:BTCUSD) traded flat on Wednesday, showing little reaction to growing optimism over a potential U.S. government reopening. While risk appetite improved across equity markets, crypto investors remained cautious. By 09:48 ET, Bitcoin hovered around $104,770, barely changed over 24 hours, after dipping earlier in the day to $102,737. The world’s largest cryptocurrency has struggled…
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Bernstein Projects Stablecoin Market to Reach $4 Trillion by 2035
Bernstein Research forecasts that the global stablecoin market will expand to $4 trillion by 2035, ushering in what it calls the “blockchain utility era” — a phase where blockchain technology reshapes the core infrastructure of global finance. In a report released Wednesday, the firm said the U.S. is laying the groundwork to become “the crypto…
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Wells Fargo Shares Hit Record High of $88.54 as Analyst Optimism Builds
Wells Fargo & Company (NYSE:WFC) shares reached a new all-time high of $88.54, marking a major achievement for one of America’s largest banks. The milestone reflects rising investor confidence in the lender’s financial strength and ongoing operational improvements. Over the past year, Wells Fargo’s stock has climbed 21.5%, while delivering an impressive 25.4% year-to-date return.…
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Ralph Lauren Shares Hit Record High of $342.02 on Strong Earnings Momentum
Ralph Lauren Corp. (NYSE:RL) shares climbed to a new all-time high of $342.02, marking a major milestone for the iconic luxury fashion house. The stock has soared 61.3% over the past year and delivered an impressive 46% return year-to-date, underscoring sustained investor confidence in the company’s brand strength and strategic execution. The rally comes amid…