ADVFN US – Market Content Editor
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Delta Shares Slide as Revenue Falls Short Despite Earnings Beat
Shares of Delta Air Lines (NYSE:DAL) declined about 3.3% after the carrier reported fourth-quarter results that topped profit forecasts but missed expectations on revenue, while its outlook for 2026 offered a mixed picture for investors. Delta reported adjusted earnings of $1.55 per share for the December quarter, slightly ahead of the $1.52 consensus estimate. Revenue,…
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Hedge Funds Deliver Best Yearly Returns Since the Financial Crisis
Hedge funds turned in their strongest annual showing in more than a decade, posting double-digit gains in 2025 as performance improved across most investment strategies, according to data from Hedge Fund Research (HFR). The industry generated an average return of 12.6% for the year, marking its best result since 2009, when hedge funds surged close…
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U.S. Inflation Data Shows December Price Gains in Line With Forecasts
Consumer prices in the United States rose broadly as anticipated in December, according to figures released Tuesday by the Labor Department. The report showed that the consumer price index increased by 0.3% over the month, matching economists’ expectations. When volatile food and energy components are excluded, core consumer prices edged up 0.2% in December, coming…
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Benign Inflation Reading Could Support Early Gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are signaling a modestly positive start to trading on Tuesday, suggesting equities may build on the rebound seen late in the previous session, which ended with mild gains after an early dip. Futures ticked higher after the release of the U.S. Labor Department’s closely followed December inflation report. The data showed…
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Oil Extends Rally to Fourth Session on Iran Supply Concerns
Oil prices continued to climb during Asian trading on Tuesday, posting a fourth straight day of gains as investors priced in rising risks of supply disruptions from Iran amid escalating political unrest. By 21:18 ET (02:18 GMT), Brent crude futures for March delivery were up 0.4% at $64.10 a barrel, while U.S. West Texas Intermediate…
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L3Harris Unveils Plan to Spin Off Missile Unit Backed by $1B Defense Department Investment
L3Harris Technologies (NYSE:LHX) said it plans to separate its Missile Solutions business into a standalone, publicly traded company, supported by a $1 billion investment from the U.S. Department of Defense in the form of a convertible preferred security. Under the proposal, the Defense Department’s investment would convert automatically into common shares when the missile unit…
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BlackRock Plans Modest Workforce Reduction as Part of Ongoing Efficiency Efforts – Report
BlackRock (NYSE:BLK), the world’s largest asset manager, is set to eliminate around 250 roles, equivalent to roughly 1% of its global headcount, a company spokesperson told Reuters on Tuesday. The planned reductions form part of BlackRock’s routine annual review process, which focuses on streamlining operations and enhancing organisational efficiency. “Improving BlackRock is a constant priority,”…
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Argenx Stock Gains After FDA Moves to Priority Review for Expanded Vyvgart Use
Shares of Argenx (NASDAQ:ARGX) rose about 3.5% on Tuesday after the U.S. Food and Drug Administration agreed to fast-track the review of an application related to its immune disease treatment, Vyvgart. The regulator has accepted a supplemental biologics license application that would extend Vyvgart’s indication to adults with acetylcholine receptor antibody–seronegative generalized myasthenia gravis (gMG),…
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Nvidia Clarifies No Upfront Payment Needed for H200 Chip Sales, Reuters Reports
NVIDIA Corporation (NASDAQ:NVDA) does not require customers to make upfront payments for its H200 chips, a company spokesperson told Reuters on Tuesday. The clarification follows earlier reports suggesting that Nvidia had introduced unusually strict sales terms for Chinese buyers, including demands for full prepayment, after Washington recently approved the advanced H200 chips for sale in…
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Microsoft Warns China Is Gaining Ground in Global AI Markets Beyond the West, FT Reports
Microsoft (NASDAQ:MSFT) has cautioned that U.S. artificial intelligence firms are losing ground to Chinese competitors in markets outside the Western world, as China rolls out low-cost, open AI models supported by substantial state backing, the Financial Times reported on Tuesday. Microsoft president Brad Smith told the FT that the rapid adoption of technology from Chinese…