ADVFN US – Market Content Editor

Carter’s, Inc. (NYSE:CRI) said on Friday that preliminary results show consolidated net sales rose by a high single-digit percentage in the fourth quarter of fiscal 2025, marking a third straight quarter of comparable retail sales growth. Shares in the children’s clothing group climbed 0.89% following the update. In the U.S. Retail segment, net sales increased…

FormFactor (NASDAQ:FORM) said on Friday it will consolidate its manufacturing footprint in California as part of a broader restructuring designed to improve gross margins and better align its production capabilities. The company plans to combine operations at its facilities in Carlsbad and Baldwin Park. As a result, between 200 and 300 employees are expected to…

Qualcomm (NASDAQ:QCOM) came under fresh selling pressure on Friday, with shares down about 1.4% in premarket trading after Mizuho downgraded the stock to Neutral, pointing to growing challenges in the global handset market and the loss of modem business at Apple (NASDAQ:AAPL). In a note, analyst Vijay Rakesh said Mizuho is “downgrading QCOM to Neutral…

Hurco Companies, Inc. (NASDAQ:HURC) reported a larger loss for the fourth quarter of fiscal 2025 on Friday, as revenue dropped sharply year on year, with the machine tool manufacturer pointing to tariff pressures and a difficult macroeconomic backdrop throughout the year. Shares were flat in premarket trading following the release. Hurco posted a net loss…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) said on Friday that revenue eased month on month in December, while still recording solid year-on-year growth and rounding out a strong fourth quarter and full year as demand driven by artificial intelligence remained robust. The world’s largest foundry reported consolidated December revenue of NT$335.0 billion (about $10.6 billion), representing…

Johnson & Johnson (NYSE:JNJ) said on Thursday it has entered into an agreement with the administration of President Donald Trump to reduce the prices of certain medicines for U.S. consumers, in return for relief from U.S. import tariffs. “The joint agreement meets the requests laid out by President Trump to the industry and provides the…

Oil prices climbed for a second session on Friday, rising over 1% and positioning the market for a third straight weekly advance as investors weighed uncertainties over crude supply from Venezuela and rising concerns about output in Iran. Brent futures rose about 1.3% to around $62.8 a barrel, while U.S. West Texas Intermediate (WTI) crude…

Gold held near recent levels in Asian trade on Friday as investors remained cautious ahead of key US employment figures due later in the session, while the metal continued to track for a weekly advance supported by geopolitical risk, particularly tensions between the US and Venezuela. Spot gold was largely flat around $4,474 an ounce…