ADVFN US – Market Content Editor
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Tilray shares surge as cannabis leader swings to profit and tops revenue forecasts
Tilray Brands, Inc. (NASDAQ:TLRY) jumped 18.02% in premarket trading on Thursday after the company delivered stronger-than-expected first-quarter fiscal 2026 results, marking a return to profitability and record revenue. The cannabis and beverage producer reported breakeven earnings per share of $0.00 for the quarter ended August 31, beating the analyst consensus of -$0.04. Revenue climbed to…
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Neogen shares surge after first-quarter earnings and revenue beat forecasts
Neogen Corporation (NASDAQ:NEOG) jumped 12.20% in premarket trading on Thursday after reporting stronger-than-expected fiscal first-quarter results, overcoming persistent operational challenges. The food and animal safety company posted adjusted earnings of $0.04 per share for the quarter ended August 31, well above the analyst consensus of -$0.07. Revenue totaled $209.2 million, beating expectations of $202.43 million.…
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Serve Robotics shares jump on new DoorDash delivery partnership
Serve Robotics (NASDAQ:SERV) surged 15% after announcing a new collaboration with DoorDash (NYSE:DASH) to roll out its autonomous sidewalk robots for food delivery orders — expanding beyond its existing partnership with Uber Eats. The San Francisco-based robotics company said Thursday that customers in Los Angeles ordering from select stores and restaurants via DoorDash may have…
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Helen of Troy tops Q2 expectations as earnings and revenue beat forecasts
Helen of Troy Limited (NASDAQ:HELE) delivered second-quarter fiscal 2026 results on Thursday that came in ahead of Wall Street estimates, with both adjusted earnings and revenue surpassing expectations despite continued pressure from tariffs and a soft consumer spending environment. Shares climbed 1.41% in premarket trading following the announcement. The branded consumer products company reported adjusted…
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BofA: Buying S&P 500 at record highs has historically not hurt returns
Bank of America said in a Thursday note that investors should not shy away from purchasing U.S. equities when markets are at record levels, pointing out that “over the past fifty years, S&P 500 returns showed no penalty versus buying on any other occasion, and five years later there was on average a meaningful boost.”…
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Delta Air Lines surges after Q3 earnings beat forecasts
Delta Air Lines (NYSE:DAL) shares jumped 5.9% after the airline delivered third-quarter earnings that exceeded analyst estimates and lifted its full-year outlook, pointing to improving travel demand and strong operational execution. The carrier reported adjusted earnings per share of $1.71 for the September quarter, 18 cents above analyst expectations of $1.53. Revenue came in at…
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PepsiCo tops Q3 expectations, reiterates 2025 outlook
PepsiCo (NASDAQ:PEP) delivered stronger-than-expected third-quarter results on Wednesday, as the beverage and snack maker saw revenue growth pick up pace despite ongoing volume softness in its food segment. The company reported adjusted earnings per share of $2.29, surpassing analyst estimates of $2.26. Total revenue reached $23.94 billion, edging past the consensus forecast of $23.86 billion…
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Costco shares climb after September sales top forecasts
Costco (NASDAQ:COST) shares rose 1.3% in premarket trading on Thursday after the warehouse retailer reported September comparable sales growth that exceeded analyst expectations. The company credited its strong results to increased customer traffic and higher average spending per visit, highlighting steady consumer demand. Steven Zaccone, an analyst at Citi who maintains a neutral rating on…
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TSMC September revenue jumps 31%, signaling strong Q3 on booming AI demand
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) posted a sharp year-on-year increase in September sales on Thursday, positioning the world’s largest contract chipmaker for a solid third quarter as artificial intelligence continues to drive global semiconductor demand. Revenue for the month reached T$330.98 billion ($10.84 billion), up 31.4% from a year earlier. While sales slipped 1.4% compared…
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Dollar steadies as U.S. shutdown drags on and political tensions rise in Europe and Japan
The U.S. dollar held firm on Thursday, supported by weakness in the euro and the yen, as investors navigated mounting political instability in Europe and Japan alongside an extended U.S. federal government shutdown. In Europe, attention returned to France’s political crisis after a brief focus on EU tariff discussions. French President Emmanuel Macron’s office confirmed…