ADVFN US – Market Content Editor
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Pinterest Shares Slide Over 18% After Missing Q3 Profit Estimates Amid Fierce Ad Market Competition
Pinterest (NYSE:PINS) shares plunged more than 18% in premarket U.S. trading on Wednesday after the social media platform reported third-quarter earnings that fell short of Wall Street expectations, despite solid revenue growth and user expansion. The weaker-than-expected results have fueled investor worries about intensifying competition from digital advertising giants such as Meta Platforms (NASDAQ:META), Alphabet…
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Amgen Tops Q3 Expectations as Product Portfolio Strengthens; Shares Rise
Amgen (NASDAQ:AMGN) delivered better-than-expected third-quarter results on Tuesday, helped by strong product sales and continued momentum in newer therapies such as Repatha and Tezspire. Shares of the biotech company rose 2.5% in premarket trading Wednesday. Excluding one-time items, Amgen reported earnings of $5.64 per share, beating Wall Street’s forecast of $5.04, while revenue climbed 12%…
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Nvidia Joins India Deep Tech Alliance to Support Emerging AI Startups
NVIDIA Corporation (NASDAQ:NVDA) has joined the India Deep Tech Alliance (IDTA), a consortium of private equity and venture capital firms focused on funding and mentoring Indian technology startups, the group announced on Wednesday. The U.S. chipmaker will participate as an “advisory founding member,” according to the IDTA, and will provide technical support and training to…
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Fiverr Shares Jump 6% After Beating Q3 Earnings Expectations
Fiverr International Ltd. (NYSE:FVRR) shares surged 6.6% in premarket trading on Wednesday after the online freelance marketplace reported third-quarter results that topped earnings forecasts, underscoring improved profitability and operational efficiency. For the quarter, Fiverr posted adjusted earnings per share of $0.84, well ahead of the analyst consensus of $0.69. Revenue reached $107.9 million, matching expectations…
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Coca-Cola Europacific Partners Posts Steady Q3, Reaffirms Full-Year Outlook
Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) reported third-quarter revenue of €5.41 billion on Wednesday, in line with analyst expectations, as the beverage bottler reaffirmed its full-year guidance despite uneven performance across regions. Shares rose 1.15% in premarket trading following the results. Adjusted comparable volume increased 0.4% year over year, while revenue grew 3.2% on an FX-neutral…
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Super Micro Shares Slide 10% on Weak Q1 Results Despite Upbeat Guidance
Shares of Super Micro Computer Inc (NASDAQ:SMCI) tumbled nearly 10% in premarket trading Wednesday after the server maker posted fiscal first-quarter results that missed expectations on both earnings and revenue, even as it raised its outlook for the current quarter and full year. The disappointing figures sparked concerns about near-term execution and demand stability, though…
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AMD Shares Slip Despite Strong Sales and Profit Growth as Valuation Fears Cloud Sentiment
Shares of Advanced Micro Devices (NASDAQ:AMD) edged lower in U.S. premarket trading on Wednesday, as the chipmaker’s robust quarterly results were overshadowed by growing concerns about lofty technology valuations. AMD, whose stock has more than doubled in 2025, continues to cement its position as a key challenger to Nvidia (NASDAQ:NVDA) in the rapidly expanding artificial…
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Oil Prices Edge Lower as Strong Dollar and Market Turmoil Pressure Energy Sector
Oil prices slipped on Wednesday, extending losses from the previous session as a stronger U.S. dollar and a global market downturn weighed on investor sentiment. Traders also focused on fresh supply signals from major producers. At 07:06 GMT, Brent crude futures were down 6 cents, or 0.09%, at $64.38 a barrel, while U.S. West Texas…
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Gold Prices Rise as Global Market Sell-Off Spurs Safe-Haven Buying; U.S. Jobs Data in Focus
Gold prices rebounded in Asian trading on Wednesday as investors sought safety amid renewed volatility across global equity markets. The move came ahead of key U.S. employment data expected to shed light on the Federal Reserve’s next policy steps. By 00:47 ET (05:47 GMT), spot gold advanced 0.9% to $3,966.56 per ounce, while U.S. gold…
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Dollar Pulls Back Slightly as Traders Await ADP Jobs Data
The U.S. dollar eased marginally on Wednesday, consolidating near its recent multi-month highs as investors awaited fresh labor market data for direction. The greenback remained underpinned by safe-haven demand and fading expectations for additional Federal Reserve rate cuts this year. At 04:25 ET (09:25 GMT), the Dollar Index — which tracks the currency against six…