ADVFN US – Market Content Editor
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Tyson Foods Shares Gain After Strong Q4 Earnings Beat and Profit Growth
Tyson Foods, Inc. (NYSE:TSN) posted better-than-expected fourth-quarter results on Monday, driven by solid sales growth and improved profitability across several business segments. The company’s shares rose 2% in premarket trading following the announcement. The meat and poultry producer reported adjusted earnings of $1.15 per share, well above analyst expectations of $0.87. Quarterly revenue totaled $13.86…
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Monday.com Shares Slide as Weak Q4 Guidance Overshadows Strong Q3 Results
Shares of Monday.com (NASDAQ:MNDY) tumbled on Monday after the company issued a disappointing outlook for the fourth quarter, which offset stronger-than-expected third-quarter earnings. As of 07:10 ET, the stock had dropped roughly 19% in premarket trading, as investors reacted to the cautious forward guidance. For the third quarter, Monday.com reported earnings of $1.16 per share,…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for a Strong Open as Shutdown Resolution Fuels Optimism
U.S. stock futures pointed to a sharp rebound on Monday, suggesting a positive start to the week as investors reacted to encouraging signs that the longest government shutdown in U.S. history may soon come to an end. The bullish tone followed the Senate’s 60-40 vote over the weekend to advance a temporary funding bill that…
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Five Key Things to Watch in Markets This Week
As optimism builds around a potential end to the longest U.S. government shutdown in history, investors are turning their attention to several major developments this week — including the impact on airlines, the start of the COP30 climate summit in Brazil, fresh U.K. growth data, and lingering concerns over high stock valuations. 1. U.S. Airlines…
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AI Boom Fuels 44% Surge in Valuation of Global Top 100 Unicorns: PwC
The total valuation of the Global Top 100 Unicorns has soared by $895 billion, or 44%, reaching nearly $3 trillion, according to PwC’s latest report. Collectively, these top privately held companies are now valued at $2.95 trillion, up from $2.05 trillion the previous year. The entry threshold for the Top 100 also rose by $0.3…
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KE Holdings Shares Gain 5% After Q3 Earnings Top Expectations
KE Holdings Inc. (NYSE:BEKE), a major online and offline real estate platform in China, saw its shares climb 5.13% in pre-market trading on Monday after reporting third-quarter adjusted earnings that slightly beat analyst forecasts, despite revenue coming in just below estimates. The company reported adjusted earnings per share of RMB 1.17 ($0.16), narrowly surpassing the…
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Tech Sell-Off Highlights Market’s AI Dependence, Says Capital Economics
A sharp decline in U.S. technology stocks has underscored how heavily markets rely on artificial intelligence optimism, according to a Monday note from Capital Economics, which said the slump has largely overshadowed progress toward ending the U.S. government shutdown. The firm noted that despite the recent turbulence, there is little evidence that the AI boom…
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Rumble to Acquire Northern Data in $767 Million All-Stock Deal
Rumble Inc. (NASDAQ:RUM) announced on Monday that it will acquire German data center operator Northern Data AG (TG: NB2) in an all-stock transaction valued at approximately $767 million, as the video platform moves to expand its cloud and AI infrastructure capabilities. Under the agreement, Rumble will issue 2.0281 new Class A shares for each Northern…
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Tesla’s Cybertruck Chief Departs After Eight Years with the Company
Siddhant Awasthi, the executive leading Tesla’s (NASDAQ:TSLA) Cybertruck program, announced on Sunday that he is leaving the electric vehicle maker after eight years with the company. In a post shared on LinkedIn, Awasthi reflected on his time at Tesla Inc., noting that he had contributed to several key initiatives, including the Model 3 program, the…
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RadNet Shares Rally as Record Revenue Overshadows Modest Earnings Miss
RadNet, Inc. (NASDAQ:RDNT) shares climbed 5.8% on Monday after the outpatient diagnostic imaging provider reported record third-quarter revenue that surpassed Wall Street expectations, offsetting a small miss on earnings per share. The company posted revenue of $522.9 million for the quarter, well above the $494.48 million analyst consensus and up 13.4% year over year from…