Category: Top Story
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Disney beats earnings forecasts as parks momentum offsets YouTube dispute headwinds
Walt Disney (NYSE:DIS) reported fiscal first-quarter results that exceeded market expectations, supported by continued strength in its theme parks and experiences business, even as a contractual dispute with Alphabet-owned YouTube weighed on overall profitability. Revenue rose 5.2% year-on-year to $25.98 billion, ahead of Bloomberg consensus estimates of $25.69 billion. Disney’s experiences segment — which includes…
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Nvidia CEO Huang says OpenAI investment remains on track
Nvidia (NASDAQ:NVDA) is moving ahead with plans for a major investment in OpenAI, which CEO Jensen Huang described as “huge” and potentially the largest the company has ever made, pushing back against reports suggesting tensions with the ChatGPT developer. Speaking to reporters in Taipei on Saturday, Huang rejected suggestions that he was unhappy with OpenAI,…
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Oracle signals plans to raise $45–$50 billion in 2026 to fund AI expansion
Oracle Corporation (NYSE:ORCL) said late Sunday that it plans to raise substantial new funding in 2026 to support the continued buildout of its artificial intelligence and cloud infrastructure, as demand for computing capacity continues to surge. The company expects to generate between $45 billion and $50 billion in gross proceeds next year through a combination…
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Hotel stocks: winners and losers as a weaker dollar reshapes earnings
A softer U.S. dollar is set to create an unusual earnings dynamic for global hotel and travel groups in the first quarter, with companies that generate a large share of revenue outside the United States likely to benefit. The current bout of dollar weakness follows a period of strength in early 2025, resulting in an…
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Futures Slide as Gold Selloff Deepens and Bitcoin Weakens — Markets in Motion: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved lower on Monday, with sharp declines in gold and silver weighing on sentiment ahead of a heavy week of high-impact corporate earnings and economic releases. Bitcoin also extended recent losses after slipping below the $80,000 mark over the weekend. Elsewhere, Oracle (NYSE:ORCL) detailed plans to raise fresh capital, while speculation over…
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Renewed Inflation Concerns Contribute To Weakness On Wall Street
Stocks fluctuated over the course of the trading session on Friday but maintained a negative bias throughout the day before eventually closing mostly lower. After recovering from an early sell-off to end Thursday’s session mixed, the major averages all finished the day firmly in negative territory. The tech-heavy Nasdaq led the way lower, slumping 223.30…
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LaFleur Minerals Accelerates Toward Gold Production with Beacon Mill Restart and Swanson PEA
LaFleur Minerals is moving quickly from planning to execution as it advances a fully integrated gold production strategy in Québec’s prolific Abitibi Gold Belt. With technical studies nearing completion and recommissioning work underway at its wholly owned Beacon Gold Mill, the company is positioning itself to restart gold production at a time when gold prices…
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Inflation fears and tech volatility pressure U.S. futures as markets brace for a lower open in Dow Jones, S&P 500 and Nasdaq
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside after recovering from an early sell-off to end the previous session mostly lower but well off their worst levels. Renewed concerns about inflation may weigh on the markets after the…
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Visa Shares Slip Even After Solid Q1 Beat
Visa Inc Class A (NYSE:V) delivered fiscal first-quarter results that came in ahead of expectations on Thursday, but the numbers were not enough to lift sentiment, with the stock down more than 1% in premarket trading on Friday. The payments group reported adjusted earnings of $3.17 per share, slightly above the $3.14 consensus forecast, while…
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Apple Posts Strongest iPhone Sales Growth in More Than Four Years
Apple (NASDAQ:AAPL) reported a clear beat on both earnings and revenue for its fiscal first quarter of 2026 on Thursday, underpinned by its fastest quarterly iPhone sales growth in over four years. iPhone revenue surged 23.3% year on year to $85.27 billion, marking the strongest increase since the December quarter of 2021 and reaffirming the…