ADVFN US – Market Content Editor
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Steady After Sell-Off; AMD Earnings, Novo Nordisk Warning, and Bitcoin’s Dip in Focus
U.S. stock futures traded near the flatline early Wednesday as investors caught their breath following Tuesday’s broad sell-off, driven by mounting concerns over overheated equity valuations. Focus is shifting to corporate results, policy risks, and the Supreme Court’s upcoming hearing on President Donald Trump’s controversial use of emergency powers to impose tariffs. Futures Mixed After…
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U.S. Stocks Move Sharply Lower Amid Valuation Concerns
Stocks staged a recovery attempt an early slump on Tuesday but showed a notable move back to the downside over the course of the trading session. The major averages all moved lower on the day following the mixed performance seen during trading on Monday. The tech-heavy Nasdaq posted a particularly steep loss on the day,…
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Hertz Shares Jump After Reporting First Profit in Two Years on Fleet Optimization and Cost Discipline
Hertz Global Holdings (NASDAQ:HTZ) shares surged 15% in premarket trading after the car rental company delivered its first quarterly profit in two years, supported by tighter cost controls, higher vehicle utilization, and a modernized fleet mix. For the third quarter, revenue rose to $2.5 billion, up from $2.41 billion in the same period last year…
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Meta Unveils New WhatsApp App for Apple Watch
Meta Platforms Inc. (NASDAQ:META) has officially released a dedicated WhatsApp app for Apple Watch, giving users the ability to manage conversations and calls without needing to access their iPhone. The new app includes several core features such as call notifications, allowing users to see who is calling directly on their watch, and the ability to…
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U.S. Steel and Nippon Steel Announce $14 Billion U.S. Investment Plan
U.S. Steel Corporation (NYSE:X) has unveiled a comprehensive multi-year growth plan developed in partnership with Nippon Steel, outlining approximately $14 billion in capital investments across the United States — with $11 billion expected to be deployed by the end of 2028. The collaboration is projected to generate around $3 billion in total value, including $2.5…
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Uber Shares Sink as Weaker EBITDA and Margin Outlook Overshadow Strong Q3 Performance
Uber Technologies Inc. (NYSE:UBER) shares tumbled over 8% on Tuesday, as investors focused on the company’s softer earnings guidance for the fourth quarter, which outweighed its strong third-quarter results that topped analyst forecasts. For the third quarter, Uber reported earnings per share of $1.20, beating consensus estimates of $0.69 by a wide margin. Revenue climbed…
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Harley-Davidson Shares Gain as Financial Services Deal Lifts Q3 Earnings
Harley-Davidson Inc. (NYSE:HOG) shares rose 2.2% on Tuesday after the motorcycle maker reported third-quarter earnings well above analyst forecasts, fueled largely by the transformation of its financial services division. The Milwaukee-based company posted adjusted earnings of $3.10 per share, far exceeding the consensus estimate of $1.58, while revenue surged 17% year-over-year to $1.34 billion, beating…
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Molson Coors Misses Q3 Expectations Amid Softer Demand and Heightened Competition
Molson Coors Beverage Company (NYSE:TAP) posted third-quarter results that came in below Wall Street estimates, as the brewer faced ongoing industry-wide weakness and increased competitive pressures. Shares of the company slipped 0.93% in premarket trading following the announcement. The beverage maker reported adjusted earnings of $1.67 per share, missing the analyst consensus of $1.71, while…
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Marathon Petroleum Shares Slide 6% as Q3 Earnings Miss Despite Revenue Beat
Marathon Petroleum Corp. (NYSE:MPC) shares fell 6.5% in premarket trading on Tuesday, after the company’s third-quarter earnings came in below expectations, overshadowing stronger-than-anticipated revenue figures. The U.S. refining leader reported adjusted earnings of $3.01 per share, missing the consensus estimate of $3.19, while revenue reached $34.81 billion, surpassing forecasts of $33.53 billion. Revenue was slightly…
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Shopify Beats Q3 Expectations as Merchants Gear Up for Holiday Season
Shopify (NYSE:SHOP) reported third-quarter results that surpassed Wall Street forecasts, with both revenue and operating income topping expectations as the company said its merchants are “built for” the upcoming holiday shopping season. The Canadian e-commerce platform’s merchant base continued to show resilience despite headwinds from U.S. tariffs that have added uncertainty to production, sourcing, and…