ADVFN US – Market Content Editor
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Unity Software Shares Drop as Meta Launches Proprietary Runtime Engine
Unity Software (NYSE:U) saw its stock decline 3.5% in pre-market trading Thursday after Meta Platforms (NASDAQ:META) announced it would replace Unity with a proprietary runtime engine for its app development. The revelation came during Meta’s Connect event, where the company also introduced its new Meta Ray-Ban Display smart glasses priced at $799, featuring an integrated…
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GE Healthcare Weighs Sale of Stake in Chinese Operations
GE Healthcare Technologies Inc. (NASDAQ:GEHC) is reportedly exploring the possibility of selling part of its business in China, Bloomberg News reported, citing sources close to the matter. The U.S.-based medical technology firm has brought in advisers to assess various strategic options for its China unit, according to anonymous sources involved in the discussions. Sources indicated…
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iHuman Posts Strong Q2 Profit Despite Revenue Dip
iHuman Inc. (NYSE:IH) announced Thursday that its net income for the second quarter rose 29.3% even as revenue slipped, boosted by lower operating costs and higher other income. The company’s shares in after-hours trading ticked up 0.99% following the report. For Q2 2025, iHuman, a Chinese edtech provider, posted net income of RMB31.9 million (US$4.5…
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Darden Shares Drop After Q1 Earnings and Revenue Miss Expectations
Darden Restaurants, Inc. (NYSE:DRI) saw its shares slide 8.4% in premarket trading Thursday after the Olive Garden parent reported fiscal first-quarter results that fell short of analysts’ projections, while issuing guidance that just meets consensus estimates. For the quarter ended August 24, Darden posted adjusted earnings per share (EPS) of $1.97, below the $2.00 expected…
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FactSet Shares Slide After Q4 Earnings Miss and Lower Profit Outlook
FactSet Research Systems (NYSE:FDS) shares dropped over 3% in premarket trading Thursday following the company’s fourth-quarter earnings report for fiscal 2025, which fell short of analysts’ expectations. The firm also issued full-year guidance below consensus estimates. For the fourth quarter, FactSet posted earnings per share (EPS) of $4.05, missing the forecast of $4.13. Revenue totaled…
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Chip Stocks Rally as Nvidia Backs Intel with $5 Billion Investment
Shares in the semiconductor sector gained momentum in premarket trading Thursday after Nvidia (NASDAQ:NVDA) announced a $5 billion investment in Intel (NASDAQ:INTC) and revealed a collaboration to develop next-generation chips for PCs and data centers. Intel led the surge, climbing more than 31% to trade above $32 per share, a level not seen since July…
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Taiwan Semiconductor Shares Drop as Nvidia Partners with Intel
Taiwan Semiconductor Manufacturing (NYSE:TSM) saw its stock decline 2.9% Thursday morning, following news of a strategic alliance between Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) that could challenge TSM’s leading position in chip manufacturing. The partnership involves developing multiple generations of custom data center and PC products. Intel will produce Nvidia-specific x86 CPUs for AI infrastructure platforms…
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AMD Shares Slide Amid Nvidia-Intel Strategic Alliance
Advanced Micro Devices (NASDAQ:AMD) saw its stock drop 5% Thursday morning following the announcement of a new strategic partnership between rivals Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) aimed at jointly developing AI infrastructure and personal computing solutions. The collaboration between two of AMD’s primary competitors has sent waves through the semiconductor industry. Intel shares surged 30%,…
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Intel Soars as Nvidia Unveils $5 Billion Investment and Joint Chip Development Plan
Intel (NASDAQ:INTC) stock skyrocketed 30% on Thursday after Nvidia (NASDAQ:NVDA) revealed it would invest $5 billion in the chipmaker as part of a strategic partnership to co-develop both data center and PC chips. The announcement comes just weeks after Intel secured backing from the U.S. government. According to Nvidia’s statement, the investment will be made…
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U.S. Jobless Claims Decline, But Not as Much as Forecast
Fresh data from the Labor Department on Thursday showed that new applications for unemployment benefits in the U.S. dropped in the week ending September 13, though the decline was smaller than many analysts had projected. Initial jobless claims came in at 231,000, down 33,000 from the prior week’s revised figure of 264,000. Economists had been…