ADVFN US – Market Content Editor
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Kingsoft Cloud tops Q3 forecasts as AI momentum fuels rapid revenue expansion
Kingsoft Cloud Holdings Limited (NASDAQ:KC) delivered third-quarter results on Wednesday that surpassed Wall Street expectations, with revenue jumping 31.4% year-over-year to RMB2.48 billion ($348.1 million). The figure edged past the consensus estimate of RMB2.47 billion. Earnings per share came in at breakeven, a sharp improvement from analysts’ projected loss of RMB0.94. Despite the beat, shares…
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Viking Holdings tops Q3 expectations as demand accelerates and fleet expands
Viking Holdings Ltd (NYSE:VIK) posted third-quarter results on Wednesday that came in well ahead of Wall Street forecasts, lifted by solid demand across its cruise portfolio and another step-up in available capacity. Adjusted earnings per share landed at $1.20, comfortably beating the $0.96 analysts had projected, while quarterly revenue reached $1.99 billion. Despite the strong…
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Unity shares climb after unveiling new partnership with Epic Games aimed at expanding the gaming ecosystem
Unity (NYSE:U) saw its stock jump 5% on Wednesday after revealing a new collaboration with Epic Games that will allow Unity-built titles to be distributed inside Fortnite and bring Unreal Engine compatibility to Unity’s cross-platform commerce tools. Under the partnership, developers using Unity’s engine will be able to publish their games directly into Fortnite’s ecosystem,…
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AMD and Arm extend their lead over Intel as chipmakers battle for CPU dominance
Advanced Micro Devices (NASDAQ:AMD) and Arm (NASDAQ:ARM) continued to pull ahead of Intel (NASDAQ:INTC) in the third quarter, according to fresh analysis from Bank of America. Citing the latest data from Mercury Research, the bank said the period showed broad-based “AMD/ARM unit outgrowth over Intel across the board.” Bank of America analyst Vivek Arya noted…
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Lowe’s shares jump as retailer tops earnings forecasts and boosts full-year sales outlook
Lowe’s Companies, Inc. (NYSE: LOW) surged 5.2% in premarket trading after the home improvement chain delivered third-quarter adjusted earnings that outpaced Wall Street expectations, a sign of resilience despite a volatile macro backdrop. For the quarter ending October 31, 2025, Lowe’s reported adjusted earnings of $3.06 per share, beating analyst forecasts of $2.97 and marking…
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Target cuts top end of full-year profit guidance as holiday season approaches
Target (NYSE:TGT) has trimmed the upper limit of its full-year earnings outlook and reaffirmed that it anticipates a sales decline in the current quarter, offering a cautious preview of consumer behavior heading into the crucial holiday shopping period. Like other major retailers, Target continues to face a challenging backdrop shaped by sweeping U.S. tariffs and…
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Nano Nuclear climbs after high-temperature tests confirm key pump advancements
Nano Nuclear Energy Inc. (NASDAQ:NNE) shares gained 3.7% in premarket trading Wednesday after the company reported successful high-heat trials of its Annular Linear Induction Pump (ALIP), reaching operating temperatures of up to 350°C. The evaluation, carried out at Nano Nuclear’s demonstration site in Westchester County, New York, confirmed that the upgraded coil ruggedization and insulation…
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MP Materials shares jump after unveiling rare earth refinery partnership with U.S. and Saudi Arabia
MP Materials Corp. (NYSE:MP) surged 7% on Wednesday after revealing a new joint venture with the U.S. Department of War and Saudi Arabian Mining Company (Maaden) to build a rare earth refining facility in Saudi Arabia. The definitive agreement stems from a broader U.S.–Saudi strategic initiative announced in Washington, D.C., aimed at securing critical mineral…
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U.S. Trade Deficit Significantly Narrowed In August
A new report from the Commerce Department on Wednesday revealed that the U.S. trade gap contracted sharply in August, driven largely by a steep pullback in imports. According to the agency, the trade deficit fell to $59.6 billion in August, down from July’s revised level of $78.2 billion. Economists had anticipated a smaller improvement, forecasting…
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Dow Jones, S&P, Nasdaq, Futures, Bargain Hunting Poised to Drive a Mild Wall Street Bounce
U.S. stock futures were pointing slightly higher early Wednesday, suggesting equities may attempt a rebound after several sessions of sharp declines. Some early support on Wall Street is likely to come from bargain hunters, with investors looking to scoop up shares that have been dragged lower during the recent sell-off. On Tuesday, the major indexes…