Category: Top Story
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Wall Street Snaps Four-Day Slide as Falling Oil and Oracle’s AI Beat Lift Stocks
U.S. stocks rallied broadly on Friday, halting a four-session losing streak, as a pullback in oil prices and a strong earnings report from Oracle helped investors look past another warm inflation reading. All three major indexes climbed roughly 1%, with buying spread across technology, industrials and materials. The rebound came at the end of a…
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InvestorsHub Expands Company Research With New Fundamental Data
InvestorsHub is expanding the research available to investors with updated Historical Price and Dividend pages, and the addition of Ownership and Insider Trading tabs, giving users more ways to investigate the companies they follow without moving between multiple platforms. The updates are part of a broader expansion of company data and market intelligence across InvestorsHub…
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GameStop Shares Rise 3.9% After CEO Ryan Cohen Buys One Million Shares
GameStop (NYSE:GME) shares rose 3.9% in premarket trading after Chief Executive Officer Ryan Cohen purchased one million shares on the open market for approximately $20.4 million on September 10. Director Alain Attal also purchased 5,000 GameStop shares at $20.00 each on September 10. The transactions followed GameStop’s second-quarter results, which included revenue of $790.2 million,…
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US Stock Futures Rise as Oil Prices Retreat Below $100: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a higher open on Friday as crude oil prices declined and investors assessed the latest consumer inflation data following several sessions of equity market losses. US crude futures fell nearly 3%, moving back below $100 a barrel after rising more than 12% since the beginning of the week. The…
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Kroger Cuts Full-Year Sales Guidance as Q2 Adjusted EPS Reaches $1.09
The Kroger Co. (NYSE:KR) reported second-quarter adjusted earnings above analyst expectations on Friday, while revenue came in slightly below consensus and the grocery retailer lowered its full-year identical sales guidance. Shares declined 3.11% in premarket trading following the release. For the quarter ended August 15, Kroger reported adjusted earnings per share of $1.09, compared with…
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Oracle FQ1 Revenue Reaches $19.35 Billion as FY2027 Profit Guidance Rises
Oracle (NYSE:ORCL) reported fiscal first-quarter 2027 revenue and adjusted earnings above analyst estimates and raised its full-year adjusted earnings guidance. Shares rose about 7% in premarket trading on Friday. The company reported adjusted earnings of $1.92 per share on revenue of $19.35 billion. Analysts had expected adjusted earnings of $1.73 per share and revenue of…
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Adobe Q3 Revenue Rises 13% as Q4 Guidance Comes in Below Consensus
Adobe Inc. (NASDAQ:ADBE) reported third-quarter earnings and revenue above analyst estimates and raised its fiscal 2026 guidance, while its fourth-quarter revenue forecast came in slightly below consensus. Shares declined 2.7% in premarket trading on Friday. Adjusted earnings per share were $6.13 for the third quarter, compared with an analyst consensus of $6.07. Revenue increased 13%…
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US Stock Futures Rise Ahead of CPI as Oracle and Adobe Report Results: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Friday as investors awaited August consumer inflation data ahead of the Federal Reserve’s interest-rate decision next week. At 02:57 ET (06:57 GMT), Dow futures were up 232 points, or 0.5%, while S&P 500 futures gained 33 points, or 0.4%. Nasdaq 100 futures advanced 120 points, also up 0.4%. The…
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Oil Above $100 Sends Stocks to a Fourth Straight Loss as Yields Surge
U.S. stocks fell for a fourth consecutive session on Thursday as a sharp spike in oil prices reignited inflation worries and pushed Treasury yields to multi-year highs. West Texas Intermediate crude closed above $100 a barrel for the first time in months, and the jump rippled across the market, squeezing corporate margins and raising the…
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Macy’s Shares Fall 3.3% as Full-Year Revenue Guidance Comes in Below Estimates
Macy’s Inc. (NYSE:M) shares fell 3.3% in premarket trading after the department store operator reported second-quarter earnings and revenue above analyst estimates but issued full-year revenue guidance below consensus expectations. Adjusted earnings per share were $0.63, compared with an analyst consensus of $0.35. Revenue increased 1.1% year on year to $4.9 billion from $4.8 billion,…