ADVFN US – Market Content Editor
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Oppenheimer: Meta Ray-Ban Display Not Yet a Threat to Apple’s Ecosystem
Meta (NASDAQ:META) recently launched the $799 Meta Ray-Ban Display, a smart glasses device featuring an in-lens screen and an EMG wristband for gesture control. However, analysts at Oppenheimer argue that the new device does not currently pose a significant challenge to Apple’s (NASDAQ:AAPL) tightly integrated ecosystem. “The obvious questions for Apple investors are: 1) is…
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Unity Software Shares Drop as Meta Launches Proprietary Runtime Engine
Unity Software (NYSE:U) saw its stock decline 3.5% in pre-market trading Thursday after Meta Platforms (NASDAQ:META) announced it would replace Unity with a proprietary runtime engine for its app development. The revelation came during Meta’s Connect event, where the company also introduced its new Meta Ray-Ban Display smart glasses priced at $799, featuring an integrated…
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GE Healthcare Weighs Sale of Stake in Chinese Operations
GE Healthcare Technologies Inc. (NASDAQ:GEHC) is reportedly exploring the possibility of selling part of its business in China, Bloomberg News reported, citing sources close to the matter. The U.S.-based medical technology firm has brought in advisers to assess various strategic options for its China unit, according to anonymous sources involved in the discussions. Sources indicated…
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iHuman Posts Strong Q2 Profit Despite Revenue Dip
iHuman Inc. (NYSE:IH) announced Thursday that its net income for the second quarter rose 29.3% even as revenue slipped, boosted by lower operating costs and higher other income. The company’s shares in after-hours trading ticked up 0.99% following the report. For Q2 2025, iHuman, a Chinese edtech provider, posted net income of RMB31.9 million (US$4.5…
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Darden Shares Drop After Q1 Earnings and Revenue Miss Expectations
Darden Restaurants, Inc. (NYSE:DRI) saw its shares slide 8.4% in premarket trading Thursday after the Olive Garden parent reported fiscal first-quarter results that fell short of analysts’ projections, while issuing guidance that just meets consensus estimates. For the quarter ended August 24, Darden posted adjusted earnings per share (EPS) of $1.97, below the $2.00 expected…
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FactSet Shares Slide After Q4 Earnings Miss and Lower Profit Outlook
FactSet Research Systems (NYSE:FDS) shares dropped over 3% in premarket trading Thursday following the company’s fourth-quarter earnings report for fiscal 2025, which fell short of analysts’ expectations. The firm also issued full-year guidance below consensus estimates. For the fourth quarter, FactSet posted earnings per share (EPS) of $4.05, missing the forecast of $4.13. Revenue totaled…
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Chip Stocks Rally as Nvidia Backs Intel with $5 Billion Investment
Shares in the semiconductor sector gained momentum in premarket trading Thursday after Nvidia (NASDAQ:NVDA) announced a $5 billion investment in Intel (NASDAQ:INTC) and revealed a collaboration to develop next-generation chips for PCs and data centers. Intel led the surge, climbing more than 31% to trade above $32 per share, a level not seen since July…
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Taiwan Semiconductor Shares Drop as Nvidia Partners with Intel
Taiwan Semiconductor Manufacturing (NYSE:TSM) saw its stock decline 2.9% Thursday morning, following news of a strategic alliance between Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) that could challenge TSM’s leading position in chip manufacturing. The partnership involves developing multiple generations of custom data center and PC products. Intel will produce Nvidia-specific x86 CPUs for AI infrastructure platforms…
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AMD Shares Slide Amid Nvidia-Intel Strategic Alliance
Advanced Micro Devices (NASDAQ:AMD) saw its stock drop 5% Thursday morning following the announcement of a new strategic partnership between rivals Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) aimed at jointly developing AI infrastructure and personal computing solutions. The collaboration between two of AMD’s primary competitors has sent waves through the semiconductor industry. Intel shares surged 30%,…
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Intel Soars as Nvidia Unveils $5 Billion Investment and Joint Chip Development Plan
Intel (NASDAQ:INTC) stock skyrocketed 30% on Thursday after Nvidia (NASDAQ:NVDA) revealed it would invest $5 billion in the chipmaker as part of a strategic partnership to co-develop both data center and PC chips. The announcement comes just weeks after Intel secured backing from the U.S. government. According to Nvidia’s statement, the investment will be made…