Category: Top Story
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FTC Questions Apple News Over Claims of Political Bias
Apple Inc (NASDAQ:AAPL) is facing scrutiny from the U.S. Federal Trade Commission following allegations that its Apple News platform favors left-leaning outlets while limiting visibility for conservative publications. FTC Chairman Andrew Ferguson said in a post on X that he had written to Apple CEO Tim Cook, warning that the company could be breaching FTC…
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Cisco Drops in Premarket as Higher Memory Costs Pressure Margins
Cisco Systems (NASDAQ:CSCO) shares fell in premarket U.S. trading Thursday after the networking heavyweight reported a quarterly gross margin that came in below Wall Street expectations. A member of the Dow Jones Industrial Average, Cisco supplies a broad portfolio of networking products and services—from routers and switches to wireless access points and controllers—used by enterprises…
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Futures Edge Higher After Jobs Shock; Cisco Drops on Margin Miss: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures pointed to a firmer open on Thursday as investors digested the fallout from a surprisingly strong January jobs report and shifted their attention toward fresh earnings releases and upcoming inflation data. By 03:01 ET, Dow futures were up 143 points, or 0.3%, S&P 500 futures had gained 0.3%, and Nasdaq 100 futures…
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U.S. Stocks Close Modestly Lower As Early Buying Interest Fades
After failing to sustain an initial move to the upside, stocks quickly gave back ground in early trading on Wednesday and showed a lack of direction over the remainder of the session. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly lower. The Dow slipped 66.74…
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T-Mobile tops Q4 estimates, shares edge lower
T-Mobile US, Inc. (NASDAQ:TMUS) delivered fourth-quarter results ahead of Wall Street expectations on Wednesday, but its shares slipped 1.5% following the release. The wireless carrier reported adjusted earnings per share of $2.14, beating the consensus forecast of $2.04. Quarterly revenue rose 11.3% year over year to $24.33 billion, exceeding analyst estimates of $24.18 billion and…
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Kraft Heinz slides as 2026 outlook disappoints despite Q4 earnings beat
Kraft Heinz (NASDAQ:KHC) shares dropped 6.3% on Wednesday after the packaged food maker topped fourth-quarter profit expectations but delivered a weaker-than-anticipated outlook for fiscal 2026, alongside plans for a $600 million push to reignite growth. For the fourth quarter, the company posted adjusted earnings of $0.67 per share, ahead of the $0.61 analysts had forecast.…
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FDA clears Merck’s KEYTRUDA and KEYTRUDA QLEX for platinum-resistant ovarian cancer
The U.S. Food and Drug Administration has granted approval to Merck & Co. (NYSE:MRK) for the use of KEYTRUDA and KEYTRUDA QLEX, in combination with paclitaxel, with or without bevacizumab, to treat adults with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal cancer whose tumors express PD-L1, the company said Monday. The authorization applies to…
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Gold miners advance as weaker dollar lifts bullion
Shares of gold mining companies moved higher in premarket trading Wednesday, tracking gains in bullion prices as the U.S. dollar softened and Treasury yields declined. Spot gold climbed 0.8% to $5,066.68 an ounce, with market participants looking ahead to the release of key U.S. employment data for further clues on the Federal Reserve’s interest rate…
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Robust Jobs Report Points to Higher Open for U.S. Stocks: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures are indicating a stronger start to Wednesday’s session, suggesting equities could rebound after Tuesday’s subdued trading. The advance in futures follows the release of a widely watched Labor Department report showing U.S. job growth in January far exceeded expectations. According to the report, nonfarm payrolls increased by 130,000 in January, following…
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Ford Q4 profit misses estimates, but 2026 guidance seen as solid
Ford Motor (NYSE:F) reported fourth-quarter earnings that fell short of profit expectations but exceeded revenue forecasts, while issuing a stronger outlook for 2026 despite rising tariff-related costs. Shares were marginally higher in premarket trading Wednesday, up less than 1%. The Dearborn, Michigan-based automaker posted adjusted earnings of $0.13 per share for the fourth quarter, missing…