ADVFN US – Market Content Editor
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Atkore beats Q3 estimates, reaffirms annual targets as CEO announces retirement
Atkore Inc. (NYSE:ATKR) posted stronger-than-expected third-quarter results on Tuesday, with adjusted earnings of $1.63 per share surpassing the consensus estimate of $1.56. Revenue came in slightly above forecasts at $735 million, just ahead of the expected $734.2 million. While total revenue declined 10.6% from the same quarter last year—largely due to lower average selling prices…
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Ball Corporation tops Q2 forecasts as global aluminum packaging demand grows
Ball Corporation (NYSE:BALL) reported better-than-expected second quarter results on Tuesday, buoyed by a 4.1% uptick in worldwide shipments of aluminum packaging and solid contributions from its international business units. The company reported adjusted earnings per share of $0.90, outpacing analysts’ projection of $0.87. Revenue came in at $3.34 billion, well ahead of the $3.11 billion…
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Ryanair Sees July Passenger Numbers Rise 2.5% to 20.7 Million
On Tuesday, Ryanair (NASDAQ:RYAAY)revealed that passenger traffic for July climbed 2.5%, reaching a total of 20.7 million travelers with a robust 96% load factor. The Irish low-cost airline is on pace to hit its fiscal 2026 target of 206 million passengers, in line with current market forecasts. Market analysts expect Ryanair to carry around 61…
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BP’s Q2 earnings beat forecasts despite lower profits compared to last year
BP (NYSE:BP) reported on Tuesday second-quarter profits that surpassed analyst estimates, even as year-on-year earnings declined amid ongoing volatility in global oil and gas markets. The company’s underlying replacement cost (RC) profit rose to $2.4 billion for the quarter, improving from $1.4 billion in the first quarter, driven by better performance across its key segments.…
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Palantir shares jump 5% premarket as AI demand drives upgraded outlook
Shares of Palantir Technologies (NASDAQ:PLTR) climbed over 5% in premarket trading following the company’s announcement of raised full-year guidance, propelled by robust demand from government and corporate clients for its AI-powered solutions. The U.S. government’s push to expand artificial intelligence adoption, alongside the Pentagon’s increased purchases from “non-traditional” software vendors, has boosted growth for the…
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Fresenius Medical Care posts Q2 revenue growth despite headwinds
Fresenius Medical Care (NYSE:FMS) on Tuesday announced second-quarter 2025 revenue of €4,792 million, aligning closely with consensus expectations of €4,750 million and marking a 5% increase on a constant currency basis. Adjusted EBIT reached €476 million, slightly trailing the consensus forecast of €492 million by about 3%. The company cited a severe flu season and…
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Hims and Hers shares drop after revenue falls short amid GLP-1 scrutiny
Shares of Hims and Hers Health (NYSE:HIMS) slid 14% in premarket trading following the telehealth company’s announcement of second-quarter revenue that fell short of Wall Street expectations, amid increasing legal and regulatory scrutiny surrounding its compounded weight-loss drug offerings. Quarterly revenue rose to $544.8 million but missed the consensus forecast of $549.9 million. Investor concerns…
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Oil Prices Stabilize After Sharp Declines Amid Demand Worries and OPEC+ Supply Increase
During Tuesday’s Asian session, oil prices remained largely unchanged, finding footing after recent steep drops sparked by concerns over rising output and weakening global demand as economic headwinds grow. Although fresh U.S. sanctions threats against buyers of Russian crude emerged, the market’s decline persisted, further pressured by a stronger U.S. dollar. As of 21:23 ET…
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Gold Trades Flat After Rally, Investors Focus on Fed Cuts and Trade Risks
Gold prices held steady in early Tuesday trading, pausing after a strong multi-day run fueled by increasing bets on U.S. interest rate cuts and ongoing worries over global trade tensions. As of 01:00 ET (05:00 GMT), spot gold was little changed at $3,372.25 per ounce, while December futures hovered around $3,425.02, showing minimal movement. Weak…
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Dollar Holds Firm After Jobs Data Slide as Focus Shifts to Fed Outlook
The U.S. dollar firmed slightly on Tuesday, stabilizing after suffering losses triggered by a weaker-than-expected jobs report. Investors are now focusing on the potential for multiple interest rate cuts by the Federal Reserve as signs of a slowing U.S. economy grow. By 04:15 ET (08:15 GMT), the Dollar Index, which tracks the greenback against a…