ADVFN US – Market Content Editor
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Oil steadies after five-day rally; prices still poised for weekly jump on Iran tensions
Oil prices recovered from early declines to trade largely unchanged during Asian hours on Friday, while still heading for strong weekly gains as escalating tensions in the Middle East raised concerns about potential disruptions to global crude supplies. As of 01:49 ET (06:49 GMT), Brent crude futures for May delivery slipped 0.2% to $85.25 per…
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Gold heads for weekly drop as stronger dollar offsets safe-haven demand
Gold prices moved slightly higher on Friday but remained on course for a weekly decline, as a stronger U.S. dollar and climbing Treasury yields reduced the metal’s appeal despite ongoing geopolitical tensions in the Middle East. At 04:35 ET (09:35 GMT), spot gold was up 0.4% at $5,101.35 per ounce, while gold futures rose 0.6%…
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Bitcoin dips toward $70K amid Iran conflict but remains on track for weekly gain
Bitcoin (COIN:BTCUSD) edged lower during Asian trading on Friday, though it continued to hold above the important $70,000 threshold as investors remained cautious amid escalating tensions in the Middle East. Rising oil prices linked to the conflict have added uncertainty around global inflation and the future path of interest rates. The largest cryptocurrency by market…
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U.S. futures edge up as Middle East tensions persist; jobs report in focus: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to the main U.S. stock indices moved slightly higher on Friday as investors continued to evaluate the escalating conflict involving Iran, which has yet to show signs of easing. Oil prices remain on track for strong weekly gains amid concerns over supply disruptions through the crucial Strait of Hormuz. Meanwhile, markets are preparing…
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U.S. Stocks Give Back Ground As Crude Oil Prices Resume Surge
After turning in a strong performance in the previous session, stocks moved back to the downside during trading on Thursday. The major averages all moved lower, with the Dow slumping to its lowest closing level in well over two months. The major averages saw a notable recovery attempt in the final hour of trading but…
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Burlington shares surge after Q4 beat and upbeat FY2026 forecast
Burlington Stores Inc. (NYSE:BURL) rose sharply in premarket trading on Thursday after the discount retailer reported fourth-quarter results ahead of expectations and issued a robust outlook for fiscal 2026. The company posted adjusted earnings per share of $4.99 for the quarter, exceeding the analyst consensus of $4.75. Total sales climbed 11% year over year to…
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BJ’s Wholesale shares dip after revenue miss and softer outlook
BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) reported fourth-quarter results that topped profit expectations but fell short on revenue, while its fiscal 2026 outlook came in below Wall Street forecasts, sending the stock down about 2.5% in premarket trading on Thursday. For the quarter ended January 31, the warehouse retailer posted adjusted earnings per share of…
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Brilliant Earth shares tumble after Q4 earnings and revenue miss
Brilliant Earth Group Inc. (NASDAQ:BRLT) reported fourth-quarter results that fell short of Wall Street expectations, sending its shares sharply lower in premarket trading. The company posted an adjusted loss of $0.06 per share for the quarter, missing analyst estimates that had called for earnings of $0.02 per share. Revenue totaled $124.4 million, also slightly below…
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Riley Permian tops earnings forecasts but falls short on revenue
Riley Exploration Permian Inc. (AMEX:REPX) reported fourth-quarter results on Wednesday that surpassed earnings expectations but missed Wall Street estimates for revenue. The company’s shares edged up 0.07% in after-hours trading following the announcement. Riley Permian reported adjusted earnings per share of $1.01 for the quarter, beating analyst expectations of $1.06. Revenue, however, came in at…
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Baytex shares slide after Q4 loss despite revenue beat
Baytex Energy Corp. (NYSE:BTE) reported a fourth-quarter loss on Thursday that came in below analyst expectations, even though revenue exceeded forecasts, as the company finalized its shift toward a more focused Canadian oil production strategy. Shares of the company dropped 3.77% in after-hours trading following the announcement. Baytex posted a fourth-quarter loss of Cdn$1.12 per…