ADVFN US – Market Content Editor
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Ulta Shares Jump After Earnings Beat and upbeat Outlook as Beauty Demand Stays Strong
Ulta Beauty (NASDAQ:ULTA) delivered third-quarter results that came in ahead of Wall Street expectations and lifted its full-year guidance, sending the stock more than 5% higher in Friday’s premarket session. The beauty retailer reported Q3 earnings of $5.14 per share — flat from the prior year but comfortably above the analyst consensus of $4.52. Revenue…
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Apple Reveals Retirement Plans for Two Senior Leaders
Apple (NASDAQ:AAPL) said on Friday that two prominent members of its executive team will be stepping down, marking another notable shift within the company’s upper ranks. Lisa Jackson — a former head of the U.S. Environmental Protection Agency who has spearheaded Apple’s sustainability and environmental policy efforts — will retire in January. During her tenure,…
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Tesla Rolls Out More Affordable Model 3 in Europe in Bid to Lift Sales
Tesla (NASDAQ:TSLA) has launched a lower-cost version of its Model 3 sedan in Europe, several months after debuting the same variant in the United States, according to updated pricing on the company’s website. The new Model 3 Standard is designed to bolster demand across the region, where rising competition from European and Chinese automakers has…
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Warner Bros. Discovery Shares Climb on Reports of Exclusive Negotiations With Netflix
Warner Bros. Discovery (NASDAQ:WBD) traded higher in extended hours on Friday after multiple media outlets reported that Netflix (NASDAQ:NFLX) has entered into exclusive talks to acquire the company’s film and television studios along with key streaming assets. According to the reports, Netflix has put forward an offer valuing the targeted units at $28 per share.…
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Rubrik Shares Spike After Strong Earnings Beat and Upgraded Full-Year Outlook
Rubrik Inc (NYSE:RBRK) surged more than 17% in premarket trading on Friday after delivering quarterly results that comfortably surpassed Wall Street estimates and lifting its full-year forecast. Investor optimism strengthened as the company highlighted accelerating subscription growth and improving profitability across its AI-enabled security platform. For the fiscal third quarter ended October 31, Rubrik reported…
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Docusign Tops Q3 Expectations but Stock Falls on Cautious Outlook Shift
Docusign (NASDAQ:DOCU) delivered stronger-than-expected third-quarter results on Thursday, though its shares slipped more than 5% in Friday’s premarket session after the company issued revenue guidance that largely matched analysts’ forecasts. The digital signature and identity management firm reported Q3 earnings of $1.01 per share, outperforming the consensus estimate of $0.91. Revenue came in at $818.4…
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WTI Oil Prices Set for Weekly Advance as Fed Cut Expectations Lift Sentiment and Venezuela Risks Intensify
West Texas Intermediate crude was on track to finish the week higher on Friday, buoyed by mounting confidence in a forthcoming Federal Reserve rate cut, rising geopolitical strains between the U.S. and Venezuela, and stalled diplomatic efforts in Moscow. Still, both major oil benchmarks eased slightly from Thursday’s levels. By 07:45 GMT, Brent crude edged…
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Gold Extends Gains as Dollar Softens and Markets Position for Fed Rate Cut
Gold prices advanced in Asian trading on Friday, supported by a weaker U.S. dollar and growing confidence that the Federal Reserve will deliver an interest rate cut next week. Traders also kept a close eye on a key inflation reading expected later in the day. Spot gold climbed 0.5% to $4,227.88 an ounce at 02:28…
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Dollar Softens Ahead of PCE Data; Euro Climbs Near Recent Highs
The U.S. dollar edged lower on Friday, extending its recent slide as markets brace for a key inflation reading that could reinforce expectations for a Federal Reserve rate cut next week. By 04:10 ET (09:10 GMT), the Dollar Index — which measures the greenback against six major counterparts — was down 0.1% at 98.872, positioning…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Firm Ahead of Key U.S. Data; Reports Point to Netflix–Warner Bros Talks
U.S. equity futures pointed higher early Friday as traders positioned themselves ahead of a delayed but closely followed inflation reading. Alongside the data, markets are also watching a new gauge of consumer sentiment. Meanwhile, Netflix (NASDAQ:NFLX) has reportedly entered exclusive talks to acquire major assets from Warner Bros Discovery (NASDAQ:WBD), a move that could reshape…