ADVFN US – Market Content Editor
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Uxin Shares Rise as Q2 Revenue Increases 74.9% and Company Issues Q3 Guidance
Uxin Limited (NASDAQ:UXIN) shares rose 11.93% on Thursday after the used-car retailer reported a 74.9% year-on-year increase in second-quarter revenue, while its gross margin turned negative and its adjusted EBITDA loss widened. For the quarter ended June 30, 2026, Uxin reported revenue of RMB1.15 billion ($169.7 million), compared with RMB658.3 million in the same period…
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TD SYNNEX Shares Fall Premarket Despite Q3 Revenue and Earnings Above Estimates
TD SYNNEX Corporation (NYSE:SNX) shares fell 3.44% in premarket trading on Thursday after the company reported third-quarter fiscal 2026 revenue and adjusted earnings per share above analyst estimates and issued fourth-quarter guidance. For the quarter ended August 31, 2026, TD SYNNEX reported adjusted earnings per share of $5.68, compared with the analyst consensus estimate of…
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Darden Restaurants Shares Fall as Q1 Revenue Misses Analyst Estimate
Shares in restaurant operator Darden Restaurants Inc. (NYSE:DRI) fell 5.6% in premarket trading on Thursday after the company reported first-quarter revenue below analyst expectations, while adjusted earnings per share matched the consensus estimate. For the quarter ended August 30, 2026, Darden reported adjusted earnings per share of $2.05, in line with the analyst estimate of…
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BlackBerry Shares Rise Premarket After Q2 Revenue Reaches $163.3 Million
BlackBerry (NYSE:BB) shares rose more than 2% in premarket trading on Thursday after the company reported second-quarter revenue and adjusted earnings per share above analyst estimates and provided updated guidance for fiscal 2027. Adjusted earnings per share were $0.07, compared with the analyst estimate of $0.04. Revenue increased 26% year-on-year to $163.3 million, above the…
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Starbucks Plans to Close 250 North America Stores and Record $300 Million Charge
Starbucks (NASDAQ:SBUX) plans to close 250 underperforming stores in North America and expects to record approximately $300 million in restructuring charges related to the move, according to a regulatory filing. The planned closures represent about 1% of Starbucks’ approximately 18,000 locations across North America. The company expects to complete most of the closures by the…
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U.S. Initial Jobless Claims Edge Lower to 197,000, Below Expectations
First-time applications for U.S. unemployment benefits declined slightly in the week ended September 19, coming in below economists’ expectations, according to data released Thursday by the Labor Department. Initial jobless claims fell by 1,000 to 197,000 from the previous week’s revised level of 198,000. Economists had expected claims to rise to 204,000 from the 196,000…
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U.S. Stock Futures Fall as Treasury Yields and Oil Prices Rise: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures pointed to a lower opening on Thursday, indicating that major indexes could extend Wednesday’s declines as investors monitored rising Treasury yields, higher oil prices and geopolitical developments. Treasury yields moved moderately higher after increasing in the previous session. The benchmark 10-year Treasury yield reached its highest level since July 2007, while the…
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Meta Unveils Muse Charm Handheld Device and Expands AI Agent Features
Meta Platforms Inc (NASDAQ:META) unveiled a handheld device designed specifically for its Muse artificial intelligence agent, alongside new smart glasses and additional features for the AI platform at its Meta Connect 2026 event. Chief Executive Mark Zuckerberg introduced the products during the opening keynote at the event in Menlo Park, California. The new handheld device,…
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IBM Adds Swift Ledger Integration and On-Premises Option to Digital Asset Haven
IBM (NYSE:IBM) announced two beta capabilities for its Digital Asset Haven platform on September 24, adding connectivity to Swift’s blockchain-based shared ledger and an on-premises deployment option for financial institutions. The new capabilities are intended to give institutions additional options for managing tokenized deposits and other digital assets while using existing financial messaging standards or…
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Amazon Reportedly Plans $3 Billion Investment in India Quick-Commerce Expansion
Amazon (NASDAQ:AMZN) plans to invest $3 billion in its Indian quick-commerce operations by 2030 as it expands its Amazon Now network, Reuters reported, citing two people with direct knowledge of the plans. According to the report, Amazon intends to invest $1 billion by the end of 2027, followed by another $2 billion through 2030. Amazon…