ADVFN US – Market Content Editor
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Einride Shares Surge on Tesla Semi Deal Supporting Amazon Freight Network
Einride AB (NASDAQ:ENRD) shares jumped more than 27% in early pre-market trading on Tuesday after the Swedish technology company announced a partnership with Tesla (NASDAQ:TSLA) to deploy 500 Tesla Semi trucks across North America for Amazon. Einride said the programme will represent the largest deployment of its kind globally, with the electric trucks managed through…
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Home Depot Tops Q2 Forecasts and Maintains Fiscal 2026 Guidance
Home Depot Inc. (NYSE:HD) reported stronger-than-expected second-quarter results before the opening bell on Tuesday, helping lift the home improvement retailer’s shares by around 1.7% in pre-market trading. Adjusted earnings per share reached $4.92, beating the analyst consensus of $4.73 by $0.19. Revenue increased 5.7% year on year to $47.86 billion from $45.28 billion, also exceeding…
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Americore Resources looks to unlock Trinity’s silver potential
Nevada has produced some of North America’s biggest mining stories, but Americore Resources (USOTC:AMCOF) (TSXV:AMCO) believes there could still be considerably more to uncover at its past-producing Trinity Silver Project. In this episode of The Capital Compass, Americore President and CEO Jeff Poloni joins Ricki Lee to discuss the company’s strategy for advancing Trinity from a historical resource…
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Walmart Leans on Advertising Growth as Retail Sales Momentum Slows
Walmart (NYSE:WMT) is increasingly relying on its fast-growing advertising operation to support profitability as same-store sales growth moderates and its cautious annual outlook weighs on investor sentiment. Walmart Connect has become an important source of higher-margin revenue for the retailer, helping offset the costs associated with keeping prices competitive and maintaining rapid delivery services. Consumers…
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Meta Faces Landmark 29-State Trial Over Facebook and Instagram’s Impact on Young Users
Meta Platforms (NASDAQ:META) is heading to trial in California federal court on Tuesday as a coalition of 29 U.S. states pursues allegations that Facebook and Instagram were designed in ways that harmed the mental health of children and teenagers. Attorneys representing Colorado, California, New Jersey and Kentucky are leading the bipartisan group and will deliver…
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Google Plans to Move All Pixel Production Out of China in 2027
Google (NASDAQ:GOOGL) is preparing to end production of its Pixel smartphones, smartwatches and wireless earbuds in China from 2027, with manufacturing set to shift to Vietnam and India, according to a report from Nikkei Asia on Tuesday. The planned relocation forms part of Google’s efforts to diversify its supply chain and reduce its manufacturing exposure…
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Evercore ISI Names Three Top Discount Retail Stocks for the Second Half
Evercore ISI has selected three discount retailers as its preferred stocks within the global retail, apparel and luxury brands sector, pointing to opportunities for stronger performance during the second half of the year. The firm’s assessment focuses on companies where comparable sales trends, easier comparison periods or operational improvements could provide meaningful support despite an…
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Amer Sports Shares Jump After Q2 Earnings Beat and Upgraded 2026 Outlook
Amer Sports, Inc. (NYSE:AS) shares climbed 6.60% in pre-market trading on Tuesday after the sporting goods company delivered stronger-than-expected second-quarter results and raised its full-year 2026 guidance. Adjusted earnings per share reached $0.22, exceeding the analyst consensus by $0.11. Revenue came in at $1.63 billion, comfortably ahead of the $1.54 billion expected by Wall Street.…
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iQIYI Shares Fall After Q2 Earnings Miss and Wider Net Loss
iQIYI (NASDAQ:IQ) shares dropped 3.0% in pre-market trading after the Chinese streaming company reported second-quarter 2026 results that fell short of Wall Street expectations, with the earnings deficit considerably larger than analysts had forecast. The company recorded an adjusted loss per ADS of RMB0.30, compared with the consensus estimate for a loss of RMB0.09. That…
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Bath & Body Works Shares Rise After Citi Upgrades Stock to Buy
Bath & Body Works (NYSE:BBWI) shares gained 2.6% in pre-market trading on Tuesday after Citi upgraded the specialty retailer to Buy from Neutral, arguing that the stock’s steep decline following its previous earnings update has created a more attractive risk-reward profile. Citi assigned the shares a fair value of $31.24, implying substantial upside from current…