ADVFN US – Market Content Editor
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U.S. Jobless Claims Drop, Surprising Forecasters
New data shows a decline in initial jobless claims in the United States, signaling a firmer labor market than analysts had anticipated. First-time claims for unemployment benefits fell to 216,000, down from 222,000 the previous week. This result came in well below market expectations, which had projected a reading of 226,000. The sharper-than-expected drop is…
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U.S. Durable Goods Orders Match Expectations but Show Slower Momentum
New data shows that U.S. durable goods orders—a closely watched indicator of manufacturing activity—rose 0.5% in the latest month, exactly in line with economists’ forecasts. The report, which tracks new orders for long-lasting manufactured items such as vehicles, industrial machines, and household appliances, is often used to assess the sector’s forward momentum. A result that…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Stocks Set to Build on Recent Gains
U.S. equity futures pointed to a slightly higher open on Wednesday, suggesting that major indexes may extend the rebound that has taken shape over the past several sessions. The recent momentum has helped the Dow, S&P 500, and Nasdaq recover sharply from the steep decline earlier in the month, with traders appearing less concerned about…
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Nvidia Slips in Premarket as Questions Mount Over Its AI Chip Lead
Nvidia (NASDAQ:NVDA) edged lower in U.S. premarket trading on Wednesday, hinting at a continuation of the previous session’s weakness as investors reassessed the chipmaker’s long-standing dominance in the artificial intelligence hardware market. The stock dropped 2.6% on Tuesday and is now down about 12% so far this month, marking a notable reversal for a company…
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CollPlant Shares Slip After Q3 Revenue Misses Expectations
CollPlant Biotechnologies (NASDAQ:CLGN) traded lower in premarket action on Wednesday after reporting third-quarter revenue of $77,000—well below the analyst consensus of $2.76 million. The stock dipped 0.89% following the announcement. The regenerative medicine company posted an adjusted loss of $0.25 per share, missing expectations for earnings of $0.16 per share. While revenue improved from just…
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Valneva Shares Rise on Strong Booster Results for Lyme Disease Vaccine Candidate
Valneva SE (NASDAQ:VALN) saw its stock move higher on Wednesday after the company released final Phase II results for its Lyme disease vaccine candidate, VLA15, showing robust immune responses following a third annual booster shot. According to the data, participants across all age groups—children, adolescents, and adults—mounted strong anamnestic antibody responses to all six serotypes…
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Deere Posts Decline in Q4 Earnings as Softer Demand and Margin Pressure Weigh
Deere & Co. (NYSE:DE) reported a drop in fourth-quarter profit on Wednesday, as the agricultural equipment maker continued to feel the impact of weaker margins in its tractor and combine harvester business. The stock slid roughly 4% in premarket trading following the announcement. The company—famous for its signature green-and-yellow machinery—derives nearly half of its revenue…
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Dell Jumps in Premarket as AI Server Boom Drives Strong Outlook
Shares of Dell Technologies (NYSE:DELL) surged more than 4% in U.S. premarket trading on Wednesday after the company issued upbeat forecasts for both its current quarter and full fiscal year, bolstered by surging demand for its AI-focused server lineup. The company said it expects fourth-quarter revenue between $31 billion and $32 billion—well above the $27.59…
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Musk Says Tesla Will “Roughly Double” Its Austin Robotaxi Fleet by December
Elon Musk said on Tuesday that Tesla’s (NASDAQ:TSLA) robotaxi presence in Austin is set for a major expansion, stating the fleet should “roughly double” by December as the company accelerates its autonomous driving ambitions. His comment came in reply to a social media post urging Tesla to add more vehicles to the robotaxi program amid…
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FAA Probes Amazon After Prime Air Drone Clips Internet Cable in Texas – CNBC
Amazon (NASDAQ:AMZN) is facing a federal investigation after one of its Prime Air drones struck and cut an internet cable in Waco, Texas, according to a report from CNBC on Tuesday. The incident occurred on November 18 when the company’s MK30 delivery drone became caught on a nearby line while ascending after dropping off a…