ADVFN US – Market Content Editor
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Lululemon Shares Plunge as Weak U.S. Performance Prompts Full-Year Guidance Cut
Lululemon Athletica Inc (NASDAQ:LULU) saw its shares drop more than 17% in premarket trading Friday after the athletic apparel retailer trimmed its full-year outlook, overshadowing a second-quarter earnings beat. For the quarter ending July 28, Lululemon reported earnings of $3.10 per share, surpassing analysts’ consensus of $2.87. Revenue came in at $2.53 billion, slightly below…
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DocuSign Shares Surge After Strong Q2 and Upgraded FY2026 Outlook
DocuSign Inc (NASDAQ:DOCU) shares jumped over 8% in premarket trading Friday following the release of stronger-than-expected second-quarter results and an optimistic full-year revenue forecast. The rally reflects investor confidence in the company’s solid core performance and growing adoption of its AI-enhanced Intelligent Agreement Management (IAM) platform. For the fiscal second quarter ending July 31, DocuSign…
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Cartiga to Go Public Through Merger with Alchemy Investments Acquisition Corp 1
Cartiga, LLC, a technology-driven asset management platform specializing in litigation finance, is set to go public through a business combination with Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY), a publicly traded special purpose acquisition company (SPAC). The agreement has been unanimously approved by the boards of both companies and is subject to customary closing conditions. The…
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A1R WATER Set to Go Public on Nasdaq Through Merger with Inflection Point Acquisition Corp. III
A1R WATER, a global innovator in atmospheric water generation, announced that it has entered into a definitive agreement to merge with special purpose acquisition company Inflection Point Acquisition Corp. III (NASDAQ:IPCX). The transaction will result in the combined company being named Air Water Ventures Limited, with shares expected to trade on Nasdaq under the ticker…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Rise Ahead of Jobs Data; OpenAI and Trade Talks Grab Attention
U.S. stock futures edged higher Friday as investors focused on the August nonfarm payrolls report, a key indicator for the Federal Reserve’s next interest rate decision. Expectations remain heavily tilted toward a rate cut later this month, while developments from OpenAI and potential U.S.-Mexico-Canada trade talks added to market attention. Markets poised for jobs data…
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Gold Approaches Record Levels as Markets Eye U.S. Jobs Report
Gold prices edged higher in Friday’s early Asian trading, remaining close to record highs as investors positioned for potential U.S. interest rate cuts. The spotlight is on the upcoming nonfarm payrolls release, which could further influence rate expectations. Spot gold increased 0.4% to $3,559.82 an ounce, while December futures added 0.3% to $3,617.87/oz as of…
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Oil Prices Weaken as OPEC+ Decision Looms and U.S. Stockpiles Rise
Oil prices dipped in early Asian trading on Friday as investors weighed uncertainty over potential production moves by OPEC+, which is scheduled to meet this weekend. Crude futures were headed for weekly losses, with an unexpected increase in U.S. inventories adding pressure and raising concerns about slowing fuel demand. As of 20:38 ET (00:38 GMT),…
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Why Google Remains Apple’s Most Strategic Search Partner
Apple (NASDAQ:AAPL) is planning to roll out a new AI-driven web search feature for Siri, internally referred to as “World Knowledge Answers,” in spring 2026, according to a Bloomberg report. The feature, which may leverage a customized version of Google’s (NASDAQ:GOOG) Gemini model, is designed to enable Siri to provide richer, more conversational responses, approaching…
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Broadcom Rises on OpenAI Partnership Report and Strong Q3 Results
Broadcom (NASDAQ:AVGO) shares surged in premarket trading on Friday following reports of its collaboration with ChatGPT creator OpenAI, coupled with the company’s robust guidance for the current quarter. As of 04:15 ET, Broadcom Inc was trading up 7% in premarket activity. For the quarter ending August 3, Broadcom reported adjusted earnings per share (EPS) of…
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Trump Announces “Fairly Substantial” Semiconductor Tariff Coming Soon
President Trump stated on Thursday that a “fairly substantial” tariff on semiconductors will be introduced in the near future. The announcement was made during a dinner with technology industry leaders at the White House, where Trump took questions from reporters regarding potential trade measures. Trump mentioned that he had discussed the proposed tariff with some…