ADVFN US – Market Content Editor
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Olaplex posts modest Q4 sales growth, swings to annual loss
Olaplex Holdings (NASDAQ:OLPX) reported slightly higher fourth-quarter sales but posted a wider loss as the haircare group navigated mixed channel performance and continued its strategic transformation. Net sales for the fourth quarter rose 4.3% year over year to $105.1 million. The company recorded a net loss of $13.1 million, compared with a loss of $8.8…
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BioXcel posts encouraging Phase 2 results for opioid withdrawal therapy BXCL501
BioXcel Therapeutics (NASDAQ:BTAI) reported positive topline results from a Phase 2 investigator-sponsored trial evaluating its experimental therapy BXCL501 for the treatment of opioid withdrawal symptoms in adults undergoing methadone tapering. The study, funded by the National Institute on Drug Abuse, enrolled 80 participants diagnosed with opioid use disorder. Researchers compared BXCL501 administered at doses of…
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U.S. Labor Productivity Jumps More Than Expected in Fourth Quarter
A separate report from the U.S. Department of Labor released Thursday showed that labor productivity increased far more than economists had anticipated in the fourth quarter of 2025. The department said productivity rose by 2.8% during the quarter, following a sharply higher, upwardly revised gain of 5.2% in the third quarter. Economists had expected productivity…
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U.S. Import Prices Rise Slightly More Than Expected in January
Data released Thursday by the U.S. Department of Labor showed that import prices rose slightly more than economists had anticipated in January. According to the report, import prices increased by 0.2% during the month, matching December’s gain after that figure was revised higher. Economists had forecast a smaller rise of 0.1%. The report also indicated…
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U.S. Jobless Claims Hold Steady at 213,000 Ahead of Key Payrolls Report
New data from the U.S. Department of Labor released Thursday showed that the number of Americans filing for unemployment benefits for the first time remained steady in the latest reporting week. Initial jobless claims totaled 213,000 for the week ending February 28, matching the revised figure from the previous week. Economists had anticipated a slight…
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Wall Street Futures Indicate Lower Start to Trading: Dow Jones, S&P, Nasdaq
U.S. stock index futures suggest a weaker opening for Wall Street on Thursday, with markets expected to pull back after the major benchmarks finished the previous session mostly higher. Rising energy costs are likely to weigh on investor sentiment, as crude oil prices resumed their upward surge after closing only slightly higher on Wednesday. Oil’s…
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Okta shares climb after fourth-quarter earnings beat expectations
Okta Inc (NASDAQ:OKTA) shares moved higher in U.S. premarket trading on Thursday after the company reported fourth-quarter results that came in above market expectations. The stock gained about 2.4% ahead of the opening bell on Wall Street, reversing earlier declines. The identity management specialist reported adjusted earnings per share of $0.90, exceeding the analyst consensus…
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Broadcom tops expectations, forecasts $10.7 bln in AI chip revenue; shares climb
Broadcom (NASDAQ:AVGO) shares surged more than 6% in U.S. premarket trading on Thursday after the artificial intelligence chipmaker reported quarterly results that beat expectations on both revenue and profit, while issuing stronger-than-anticipated guidance for the current quarter. The company also unveiled a new share repurchase authorization of up to $10 billion. For its fiscal first…
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Ferrari Group posts 3% revenue growth to €359.4m in FY25
Ferrari Group Plc (NYSE:RACE) reported preliminary full-year 2025 revenue of €359.4 million on Thursday, representing a 3.0% increase compared with the previous year, though the figure came in slightly below analyst forecasts of €360.6 million. On a constant currency basis, revenue grew 4.8%, falling short of the company’s medium-term growth target of 6% to 8%.…
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Robinhood unveils platinum credit card targeting affluent customers
Robinhood Markets Inc (NASDAQ:HOOD) on Wednesday introduced a new credit card designed for higher-income clients, marking another step in the company’s push to expand beyond its core trading platform and broaden its financial services offering. The company said the new Platinum card will carry an annual fee of $695 and will be issued through Visa…