ADVFN US – Market Content Editor
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Oil Slips Toward Third Monthly Drop as Strong Dollar and Rising Output Pressure Market
Oil prices fell on Friday, heading for a third straight monthly decline, as a firm U.S. dollar and disappointing Chinese data weighed on sentiment. Continued output growth from major producers also offset the impact of Western sanctions that have disrupted Russian crude flows. By 07:44 GMT, Brent crude futures eased 12 cents, or 0.18%, to…
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Dollar Holds Ground After Powell’s Hawkish Tone; Euro Edges Higher Post-ECB
The U.S. dollar traded slightly higher on Friday, maintaining its strength after Federal Reserve Chair Jerome Powell’s latest remarks dampened hopes for another imminent rate cut. The euro also firmed, supported by the European Central Bank’s steady policy stance. At 05:10 ET (09:10 GMT), the Dollar Index, which measures the greenback’s value against six major…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Lifted by Amazon and Apple Earnings as China’s Factory Activity Weakens
U.S. stock futures ticked higher on Friday, signaling a positive finish to October as investors welcomed upbeat earnings from Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). Meanwhile, Nvidia (NASDAQ:NVDA) unveiled a major AI chip deal with South Korea, and fresh data showed that China’s factory activity contracted more sharply than expected. U.S. futures edge higher At 02:20…
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U.S. Stocks Move Mostly Lower As Meta, Microsoft Tumble
Stocks moved mostly lower over the course of the trading day on Thursday, with the Dow joining the Nasdaq and the S&P 500 in negative territory after seeing some strength early in the session. After ending Wednesday’s trading at a record closing high, the tech-heavy Nasdaq showed a particularly steep drop, plunging 377.33 points or…
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Datatec (OTCQX:DTTLY) underlying earnings surge 43% on margin gains
Datatec reported adjusted EBITDA growth of 21.9% to US$129.2m for the six months to August 2025, with underlying earnings per share jumping 43% to 19.3 cents. The South African ICT group’s gross profit rose 11.7% to US$483.4m, with margins expanding across all three divisions as software and services reached 71% of gross invoiced income. Net…
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Comcast beats Q3 forecasts as wireless strength offsets broadband losses
Comcast Corporation (NASDAQ:CMCSA) posted better-than-expected third-quarter results, with strong gains in its wireless and entertainment divisions helping cushion ongoing broadband subscriber declines. Shares rose 1.5% in premarket trading following the release. The company reported adjusted earnings of $1.12 per share, two cents above analyst estimates, while revenue reached $31.2 billion, topping the $30.7 billion consensus…
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Crocs shares soar nearly 10% after Q3 earnings and revenue beat forecasts
Crocs Inc. (NASDAQ:CROX) shares jumped 9.7% on Thursday after the casual footwear company delivered third-quarter results that handily beat analyst estimates, even as overall sales declined from a year earlier. The company reported adjusted earnings of $2.92 per share, far exceeding the consensus forecast of $2.36, while revenue reached $996.3 million, topping expectations of $961.61…
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BorgWarner shares gain 2% after strong Q3 earnings beat and raised 2025 outlook
BorgWarner Inc. (NYSE:BWA) shares rose 2.5% in premarket trading Thursday after the auto parts manufacturer reported stronger-than-expected third-quarter earnings and raised its full-year guidance, despite revenue landing just shy of forecasts. The company posted adjusted earnings of $1.24 per share, topping analyst estimates of $1.17 and up 14% year-over-year. Revenue climbed 4.1% to $3.59 billion,…
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Omnicell shares climb 4% after strong Q3 beat and raised 2025 outlook
Omnicell, Inc. (NASDAQ:OMCL) shares gained 4.19% in premarket trading Thursday after the healthcare technology company delivered better-than-expected third-quarter results and lifted its full-year guidance on the back of strong demand for its connected medication management systems. The company reported adjusted earnings of $0.51 per share, well above the analyst estimate of $0.36, while revenue reached…
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Biogen shares drop as full-year guidance cut outweighs strong Q3 results
Biogen Inc. (NASDAQ:BIIB) shares fell 2.6% on Thursday after the biotechnology company trimmed its full-year earnings forecast, overshadowing an otherwise strong third-quarter earnings beat that topped Wall Street estimates on both profit and revenue. The company reported adjusted earnings of $4.81 per share, comfortably above the analyst consensus of $3.88, while revenue reached $2.53 billion,…