ADVFN US – Market Content Editor
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New Oriental Shares Rise Despite Earnings Miss as Revenue Beats Expectations
New Oriental Education & Technology Group Inc. (NYSE:EDU) reported fourth-quarter results on Wednesday that exceeded revenue forecasts but fell short of earnings expectations, with investors focusing on continued business expansion and a stronger outlook for the year ahead. Shares of the Chinese education services provider rose more than 3% in pre-market trading following the results…
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Seagate Shares Rise After Fourth-Quarter Results Beat Expectations and Outlook Surprises to the Upside
Seagate Technology PLC (NASDAQ:STX) shares gained nearly 3% in pre-market trading on Wednesday after the data storage company reported stronger-than-expected fourth-quarter earnings and revenue while issuing first-quarter guidance that significantly exceeded Wall Street forecasts. The company reported adjusted earnings of $5.71 per share for the fourth quarter on revenue of $3.6 billion. Revenue increased 49%…
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Constellium Raises Full-Year Outlook After Second-Quarter Earnings Top Expectations
Constellium SE (NYSE:CSTM) reported stronger-than-expected second-quarter results on Wednesday and increased its financial guidance for the full year, sending its shares more than 3% higher in pre-market trading. The aluminum products manufacturer posted adjusted earnings of $1.04 per share, comfortably ahead of analysts’ consensus estimate of $0.71. Quarterly revenue rose to $2.75 billion, exceeding expectations…
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Visa Beats Third-Quarter Expectations as Consumer Spending Drives Revenue Growth
Visa (NYSE:V) reported stronger-than-expected fiscal third-quarter results on Tuesday, with double-digit revenue growth supported by resilient consumer spending and continued strength in cross-border payment activity. The global payments company posted adjusted earnings of $3.32 per share, exceeding analysts’ consensus estimate of $3.22. Revenue increased to $11.6 billion, ahead of the expected $11.38 billion. The results…
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Ford Shares Rise After Q2 Earnings Beat and Higher Full-Year Guidance
Ford Motor Company (NYSE:F) shares climbed more than 4% after the automaker reported better-than-expected second-quarter results and raised its financial outlook for the full year, supported by stronger operating performance across its core business. The company posted adjusted earnings per share of $0.42 for the quarter, exceeding analysts’ expectations of $0.35. Revenue came in at…
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SK Hynix Shares Slide Despite Record Profit as Results Miss Lofty Expectations
SK Hynix (NASDAQ:SKHY) reported record quarterly earnings on Wednesday, but its shares tumbled nearly 10% after the results fell short of elevated market expectations, fuelling concerns that spending on artificial intelligence infrastructure by major technology companies could begin to slow. The South Korean memory chip maker, a key supplier to Nvidia, is also pursuing more…
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CoStar Shares Slide After Revenue Guidance Overshadows Strong Profit Growth
CoStar Group (NASDAQ:CSGP) shares dropped 14.3% in pre-market trading after the real estate data and marketplace company released second-quarter 2026 results that exceeded earnings expectations but disappointed investors with weaker-than-expected revenue guidance and a reduced full-year outlook. Although profitability improved significantly during the quarter, the market focused on slowing revenue growth and softer booking trends,…
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KLA Shares Drop Despite Q4 Earnings Beat as Guidance Fails to Impress Investors
KLA Corporation (NASDAQ:KLAC) reported stronger-than-expected fiscal fourth-quarter results, but its shares fell more than 10% in pre-market trading on Wednesday after investors focused on a cautious near-term outlook and guidance that offered only limited upside. The semiconductor equipment manufacturer posted earnings per share of $1.05 for the quarter, exceeding analysts’ expectations of $1.00. Revenue came…
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Teradyne Shares Rise After Record Quarterly Results and Strong Q3 Outlook
Teradyne (NASDAQ:TER) shares climbed 4.4% in pre-market trading after the semiconductor testing equipment manufacturer reported a second consecutive quarter of record revenue and issued third-quarter guidance that significantly exceeded Wall Street expectations, extending gains that began in after-hours trading following the earnings release. The company reported its second-quarter 2026 results after the market closed on…
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AbbVie Secures EU Approval for Rinvoq to Treat Severe Alopecia Areata
AbbVie (NYSE:ABBV) has received European Commission approval for Rinvoq (upadacitinib) as a treatment for severe alopecia areata (AA) in adults and adolescents aged 12 years and older, expanding the medicine’s approved uses across the European Union. The therapy will be available in 15 mg and 30 mg once-daily doses for eligible patients. Phase 3 Studies…