ADVFN US – Market Content Editor

Elevance Health (NYSE:ELV) reported stronger-than-expected second-quarter earnings and raised its full-year outlook, but the health insurer’s shares fell more than 9 percent in premarket trading as investors focused on declining profit margins. Earnings and revenue surpass expectations The company posted adjusted earnings per share of 7.45 dollars, comfortably ahead of the analyst consensus estimate of…

IBM (NYSE:IBM) has introduced three new additions to its Power platform, including a next-generation Power11 server, an artificial intelligence-powered operations tool and a new development package designed to simplify IBM i application development. New Power11 server targets on-premises deployments The company unveiled the Power S1112, a single-socket Power11 server built for compact on-premises environments. According…

BlackRock (NYSE:BLK) shares moved higher in premarket trading on Wednesday after the world’s largest asset manager reported stronger-than-expected second-quarter results, supported by record client inflows and continued growth across its investment platform. Earnings and revenue exceed expectations BlackRock reported second-quarter earnings per share of 13.91 dollars, comfortably ahead of analysts’ expectations of 12.57 dollars. Revenue…

Oracle (NYSE:ORCL) shares moved higher in premarket trading on Monday after a report suggested the company is leading the competition to provide cloud infrastructure services to the Japanese government. Oracle reportedly ahead in bidding process According to a Financial Times report citing seven people familiar with the discussions, Oracle is currently ahead of Amazon Web…

SK Hynix (NASDAQ:SKHY) shares advanced sharply in South Korea on Wednesday as optimism surrounding artificial intelligence and memory chip demand continued to drive buying interest, although the company’s U.S.-listed shares eased in premarket trading after the previous session’s strong rally. Seoul-listed shares extend gains The South Korean semiconductor maker finished the day 8.8 percent higher…

Gold prices continued to move lower on Thursday as investors reassessed the outlook for inflation and U.S. monetary policy. While softer-than-expected inflation data earlier in the week initially supported bullion, the recent rise in oil prices has revived concerns that inflationary pressures could persist, encouraging expectations that the Federal Reserve may keep interest rates higher…

Oil prices extended their recent rally on Wednesday, marking a third consecutive session of gains after U.S. President Donald Trump warned that additional military action against Iran remains possible. Concerns over global crude supplies also remained elevated after Washington reinstated its maritime blockade on Iranian shipping through the Strait of Hormuz. Crude prices remain near…