ADVFN US – Market Content Editor
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Blue Energy and GE Vernova Plan Hybrid Nuclear-Gas Power Plant in Texas
Blue Energy and GE Vernova Inc. (NYSE:GEV) have unveiled plans to jointly develop a 2.5-gigawatt power facility in Texas that will combine nuclear and natural gas generation. The companies say the project would be the first of its kind to integrate both technologies at this scale. Combining Nuclear and Gas Technologies The proposed plant will…
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ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading
ON Semiconductor Corporation (NASDAQ:ON) reported quarterly results on Monday that exceeded expectations on both revenue and earnings, while also issuing stronger-than-forecast guidance for the current quarter. Despite this, the stock declined around 4% in premarket trading on Tuesday. The Arizona-based chipmaker posted first-quarter 2026 earnings of $0.64 per share on revenue of $1.51 billion, ahead…
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Pinterest Shares Jump 16% as Earnings and User Growth Impress
Pinterest Inc. (NYSE:PINS) delivered first-quarter results on Monday that outpaced Wall Street expectations, driven by strong revenue growth and a sharp increase in user numbers. The company reported adjusted earnings per share of $0.27, beating the consensus estimate of $0.23 by $0.04. Revenue came in at $1.01 billion, exceeding forecasts of $965.44 million and rising…
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Amazon Expands Logistics Offering to External Shippers; Transport Stocks Slide
Amazon.com Inc. (NASDAQ:AMZN) has rolled out its Amazon Supply Chain Services platform, opening up its logistics infrastructure to third-party shippers beyond its traditional marketplace sellers. Analysts at Stifel described the subsequent market reaction as excessive. The new service integrates Amazon’s freight network—including trailers, intermodal containers and air cargo capacity—with its fulfillment centers, distribution hubs and…
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Intel Shares Rise as Apple Explores Expanding Chip Supply Chain
Apple Inc. (NASDAQ:AAPL) has reportedly begun early-stage discussions with Intel Corporation (NASDAQ:INTC) and Samsung Electronics Co. Ltd. (USOTC:SSHNZ) over the potential production of core processors for its devices, according to a Bloomberg report citing sources familiar with the matter. The reported talks come as the iPhone maker looks to broaden its supplier base beyond long-standing…
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Novo Nordisk’s Weight-Loss Pill Momentum Faces Pricing Pressure
Novo Nordisk A/S (NYSE:NVO) is experiencing strong early uptake for its new weight-loss pill, but intensifying competition with U.S. rival Eli Lilly and Company (NYSE:LLY) is raising concerns about whether growing prescription volumes can offset mounting pricing pressure in the obesity drug market. The Danish drugmaker is set to report first-quarter earnings on Wednesday, with…
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Palantir Shares Slip Despite Strong Growth and Upgraded Outlook
Palantir Technologies Inc. (NASDAQ:PLTR) delivered its fastest revenue growth since at least 2020 and lifted its full-year 2026 guidance well above Wall Street expectations, yet its shares declined roughly 3% in premarket trading on Tuesday. “We are raising our full-year revenue guidance to 71% growth, 10 points ahead of our guidance from last quarter, driven…
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Duolingo Shares Drop Despite Earnings Beat as Outlook Disappoints
Duolingo Inc. (NASDAQ:DUOL) reported first-quarter results that topped analyst expectations, but its shares fell more than 12% in premarket trading on Tuesday after the company issued weaker-than-expected full-year revenue guidance and flagged declining margins. The language-learning group posted adjusted earnings per share of $0.89, surpassing the consensus estimate of $0.76 by $0.13. Revenue came in…
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Gold Rebounds Slightly From Recent Lows as Hormuz Tensions Escalate
Gold prices moved modestly higher on Tuesday, recovering after falling to a five-week low in the previous session. However, gains remained limited as rising oil prices continued to cloud the outlook for interest rates. By 05:59 ET (09:59 GMT), spot gold was up 0.7% at $4,556.35 per ounce, while gold futures also increased 0.7% to…
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Oil Eases Slightly but Holds Above $110 as Hormuz Tensions Persist
Oil prices edged lower on Tuesday following a strong rally in the previous session, as markets balanced rising geopolitical risks in the Gulf with U.S. attempts to keep shipping routes open through the Strait of Hormuz. By 05:21 ET (09:21 GMT), Brent crude was down 1.1% at $113.16 per barrel, while U.S. West Texas Intermediate…