ADVFN US – Market Content Editor
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Soho House & Co Shares Jump Over 7% as Membership Growth Fuels Earnings Beat
Shares of Soho House & Co Inc. (NYSE:SHCO) climbed more than 7% in pre-market trading on Friday after the company reported second quarter results that notably surpassed analyst forecasts, fueled by strong membership growth and enhanced operational efficiency. The membership-based global platform posted adjusted earnings of $0.13 per share for the quarter, well above the…
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Precious metals shares climb as U.S. tariffs extend to certain gold bars
Gold mining stocks saw gains in early Friday trading after U.S. authorities confirmed that specific gold bars would be included in President Donald Trump’s reciprocal tariff measures. Wheaton Precious Metals (NYSE:WPM) led the advance with a 2% increase, followed by Barrick Mining (NYSE:B) up 1.5%, and OR Royalties (NYSE:OR) rising 1.1%. Newmont (NYSE:NEM) added 1%,…
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Crude Prices Hover Higher but Face Steep Weekly Decline Amid Trade Turmoil
Oil prices edged up on Friday, but the market remained under pressure from deep weekly losses, as escalating trade tensions and fears of oversupply kept sentiment cautious. By 08:50 ET (12:50 GMT), Brent crude futures for October were trading 0.6% higher at $66.85 a barrel, while West Texas Intermediate (WTI) gained 0.5% to $64.18 a…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Eyes Higher Open as Traders Digest Trade Tariffs and Economic Data
U.S. stock futures are signaling a slightly positive start for Friday’s session, suggesting equities may attempt a rebound after a mixed day of trading on Thursday. With no major economic reports scheduled for release today, trading volume could remain somewhat light, as investors weigh recent policy developments and corporate moves. On Thursday, markets opened strong…
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Wendy’s Revises Down Annual Sales Forecast Amid Challenges in U.S. Market
Wendy’s (NASDAQ:WEN) has lowered its full-year global sales forecast as the burger chain faces rising input costs and declining customer traffic in the United States. To attract budget-conscious diners during uncertain economic times, the company has been increasing its promotional offers. However, Wendy’s, which is also undergoing a leadership transition following the sudden resignation of…
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Baidu’s Apollo Go Robotaxi Falls Into Construction Pit in China
A Baidu (NASDAQ:BIDU) Apollo Go robotaxi carrying a passenger plunged into a deep construction pit in Chongqing, southwestern China, on Wednesday, according to local media reports. The female passenger escaped injury and was rescued by nearby residents who provided a ladder to help her climb out of the trench, reported Southern Metropolis Daily and Huashang…
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Algonquin Power Shares Rise Slightly as Q2 Earnings Meet Expectations
Algonquin Power & Utilities Corp. (NYSE:AQN) reported second-quarter adjusted earnings on Friday that met analyst expectations, as the utility company continues its transition into a leading pure-play regulated utility. Following the announcement, shares edged up 1.01% in pre-market trading. The company posted adjusted earnings per share of $0.04 for the quarter, in line with analyst…
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Sylvamo Shares Drop Over 7% Following Disappointing Q2 Earnings
Sylvamo Corporation (NYSE:SLVM) reported second-quarter earnings on Friday that missed analyst expectations, with heavy maintenance outages and unfavorable foreign exchange effects weighing on its results. Following the announcement, Sylvamo’s shares fell 7.5% in pre-market trading. The paper company posted earnings of $0.37 per share, below the consensus estimate of $0.48. Revenue declined 15% year over…
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Under Armour Shares Plunge Following Revenue Shortfall and Disappointing Guidance
Under Armour, Inc. (NYSE:UA) reported first-quarter fiscal 2026 results that missed analyst expectations, causing its shares to drop sharply by 13.6% after the company issued a weak outlook that fell well below Wall Street forecasts. The athletic apparel maker posted adjusted earnings per share of $0.02, slightly under the $0.03 estimate. Revenue declined 4% year…
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Calumet Shares Climb 4% on Revenue Beat Despite Larger Loss
Calumet, Inc. (NASDAQ:CLMT) delivered second-quarter revenue that notably surpassed analyst expectations, even though the company reported a wider-than-anticipated loss. Shares of the specialty products maker jumped 4.29% in premarket trading following the earnings release. The company posted a net loss of $147.9 million, or -$1.70 per share, significantly worse than the estimated -$0.26 per share.…