ADVFN US – Market Content Editor
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AstraZeneca Announces $50 Billion U.S. Investment Plan Through 2030
AstraZeneca (NASDAQ:AZN) revealed on Monday its intention to invest $50 billion by 2030 to bolster its manufacturing and research operations across the United States. At the heart of this initiative is a new multi-billion dollar manufacturing site in Virginia, which will focus on producing products from its weight management and metabolic portfolio, including its oral…
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NXP Semiconductors Shares Decline Premarket After Q2 Revenue Falls 6%
Shares of NXP Semiconductors (NASDAQ:NXPI) slipped in early U.S. trading on Tuesday following the chipmaker’s report of a 6% decrease in revenue for the second quarter. The company posted adjusted diluted earnings per share of $2.72 on $2.93 billion in revenue. This slightly exceeded analysts’ expectations, as surveyed by Investing.com, who had forecasted earnings of…
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Dow Jones, S&P, Nasdaq, Stock futures steady ahead of busy earnings week; market focus on trade, AI, and rail deals
U.S. stock futures showed little change Tuesday as investors awaited a fresh wave of earnings reports from prominent companies. Despite encouraging results so far, uncertainty surrounding tariffs continues to cast a shadow over the economic landscape. Meanwhile, reports reveal that the ambitious AI partnership between OpenAI and SoftBank is facing setbacks. Additionally, speculation grows about…
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Gold Edges Down After Recent Gains as Tariff Talks Take Center Stage
Gold prices dipped slightly on Tuesday following a strong rally on Monday that pushed them to over a month’s high. Despite the pullback, concerns about U.S. tariffs and interest rate moves kept demand for gold and other safe-haven metals elevated. At 04:25 ET (08:25 GMT), spot gold was down 0.2% at $3,389.27 per ounce, after…
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Dollar pauses as traders seek clearer direction on tariffs
The U.S. dollar nudged higher on Tuesday, though overall activity in the currency markets remained subdued as investors awaited more definitive signals regarding trade negotiations ahead of the crucial August 1 deadline. That deadline looms with the threat of significant tariffs on U.S. trading partners who have yet to secure agreements. The Japanese yen held…
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Oil Prices Drop Amid Minimal Impact from Russia Sanctions and Rising US-EU Trade Tensions
Oil prices declined in early Asian trading on Tuesday as markets assessed that European sanctions on Russia would have a minimal effect on global supply. At the same time, growing concerns over a potential trade dispute between the United States and the European Union also weighed on prices. Despite the U.S. dollar weakening significantly from…
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Stock Market Today: S&P 500 Closes Above 6,300 for the First Time; Focus Turns to Big Tech Earnings
The S&P 500 closed above the 6,300 mark for the first time on Monday, as investors geared up for a wave of major second-quarter earnings reports set to arrive this week. Several of Wall Street’s biggest names, including tech heavyweights, are scheduled to release their results. By the 4:00 p.m. ET market close, the S&P…
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U.S. Stocks Pull Back Off Best Levels But Close Mostly Higher
After moving mostly higher early in the session, stocks continued to turn in a strong performance throughout much of the trading day on Monday before giving back ground going into the close. Despite the late-day pullback, the Nasdaq and the S&P 500 ended the session at new record closing highs. The Nasdaq rose 78.52 points…
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Preferred Bank Stock Jumps as Q2 Earnings Beat Expectations
Shares of Preferred Bank (NASDAQ:PFBC) climbed 5.4% after the regional lender posted stronger-than-expected second-quarter earnings, buoyed by better credit quality and improved margins. For the quarter ending June 30, 2025, the Los Angeles-based bank reported net income of $32.8 million, or $2.52 per diluted share—topping analyst projections by $0.09. While total revenue of $70.65 million…
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Equinix Shares Climb After Bloomberg Reveals Elliott Investment Management’s Growing Stake
Equinix Inc (NASDAQ:EQIX) saw its stock increase by 2.9% following Bloomberg’s report that activist investor Elliott Investment Management has expanded its holdings in the data center giant and is advocating for initiatives aimed at boosting the company’s stock price. According to insiders, Elliott’s stake has grown to place it among Equinix’s top 10 shareholders. Although…