ADVFN US – Market Content Editor

Travel + Leisure Co. (NYSE:TNL) fell just short of Wall Street’s earnings projections for the second quarter, even as the company reported better-than-expected revenue and continued momentum in its core vacation ownership division. The travel services provider posted adjusted earnings per share of $1.65, a cent below analysts’ forecast of $1.66. Revenue, however, reached $1.02…

Amazon (NASDAQ:AMZN) is reportedly shutting down its artificial intelligence research lab in Shanghai, a move that highlights the growing challenges American tech companies face in China, according to a Financial Times report released Wednesday. The closure comes as diplomatic and regulatory tensions escalate between the United States and China, with U.S. authorities increasingly tightening oversight…

Capital One Financial (NYSE:COF) delivered stronger-than-expected adjusted earnings for the second quarter, despite reporting a steep net loss tied to its recent acquisition of Discover Financial Services. The company’s $35.3 billion all-stock acquisition, finalized in May, made it the largest credit card issuer in the U.S. by outstanding balances. Earnings Overview The firm posted adjusted…

Clearside Biomedical, Inc. (NASDAQ:CLSD), a biopharmaceutical firm pioneering therapies delivered through the suprachoroidal space (SCS®), announced today that Health Canada has officially approved XIPERE® (triamcinolone acetonide injectable suspension) for suprachoroidal administration in patients with uveitic macular edema (UME). This regulatory milestone makes Canada the latest country to authorize XIPERE, which is now approved in the…

The U.S. dollar steadied on Wednesday following three days of declines but remains close to its lowest level in two weeks, buoyed by renewed investor confidence stemming from the recently announced U.S.-Japan trade agreement. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six currencies, was steady around…

Oil prices edged higher in Asian trading on Wednesday, buoyed by optimism following a new trade agreement between the United States and Japan, along with data showing a drop in U.S. crude inventories. As of 22:07 ET (02:07 GMT), September Brent futures increased by 0.4% to $68.84 per barrel, while West Texas Intermediate (WTI) futures…

Texas Instruments (NASDAQ:TXN) delivered second-quarter results that surpassed Wall Street expectations, bolstered by solid recovery in its industrial segment. Despite the earnings beat, shares plunged 11.4% in premarket trading, falling to $190.37 as of 04:19 ET (08:19 GMT), after the company issued a conservative outlook for the third quarter. The chipmaker reported a 16% year-over-year…

Stellantis (NYSE:STLA), the parent company of Chrysler, is recalling 121,398 vehicles in the United States over a potential safety defect involving head restraints, the U.S. National Highway Traffic Safety Administration (NHTSA) reported on Wednesday. According to the NHTSA, the issue stems from head restraints that may not lock securely into place, posing a heightened risk…

Enphase Energy (NASDAQ:ENPH) shares dropped nearly 7% in premarket trading Wednesday after the company issued third-quarter revenue guidance that disappointed investors and raised caution about the impact of new U.S. tariffs on its margins. The solar technology firm warned that recently finalized import duties on solar cells from Southeast Asia would pressure profitability. The U.S.…