ADVFN US – Market Content Editor
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Canadian Solar Shares Jump After First-Quarter Beat and Solid Outlook (CSIQ)
Canadian Solar (NASDAQ:CSIQ) shares surged more than 8% in premarket trading on Thursday after the company reported first-quarter results that exceeded analyst expectations and issued strong forward guidance despite difficult industry conditions. The solar and battery storage company posted a quarterly loss of $0.71 per share for the period ended March 31, outperforming analyst forecasts…
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Boeing Shares Advance on Expectations of New China Aircraft Orders (BA)
Boeing (NYSE:BA) shares moved 1.2% higher in premarket trading on Thursday after comments from U.S. Treasury Secretary Scott Bessent suggested that major aircraft purchase announcements from China could be unveiled this week. Speaking to CNBC, Bessent said he expects China to announce significant orders for Boeing aircraft during Donald Trump’s visit to Beijing. Trade Discussions…
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Lightwave Logic Shares Slip Despite Revenue Growth and Expanded Market Opportunity (LWLG)
Lightwave Logic (NASDAQ:LWLG) shares fell more than 2% in premarket trading on Thursday after the company reported first-quarter results showing modest revenue growth alongside continued operating losses. The company posted adjusted earnings per share of -$0.04 for the quarter, unchanged from the same period a year earlier, while revenue increased 27% year over year to…
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Wolverine World Wide Shares Gain After Earnings and Revenue Beat Expectations (WWW)
Wolverine World Wide (NYSE:WWW) shares rose more than 3% on Thursday after the company reported first-quarter results that topped Wall Street forecasts for both earnings and revenue. The footwear and apparel group posted adjusted earnings per share of $0.25, exceeding analyst expectations of $0.22 by $0.03. Revenue increased 11% year over year to $457.6 million…
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Forgent Power Shares Jump After Revenue Surge and Upgraded Outlook (FPS)
Forgent Power Solutions (NYSE:FPS) shares climbed more than 17% in premarket trading on Thursday after the company reported sharply higher third-quarter revenue and raised its full-year fiscal 2026 guidance. The electrical distribution equipment manufacturer posted fiscal third-quarter revenue of $379 million, representing a 103% increase from $186 million in the same period a year earlier.…
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Nvidia Shares Gain After Report of U.S. Approval for H200 Chip Sales to China (NVDA)
Nvidia (NASDAQ:NVDA) shares moved higher in premarket trading after Reuters reported that the United States has approved roughly 10 Chinese companies to purchase Nvidia’s H200 artificial intelligence chips, although shipments have not yet begun. The report comes as Nvidia chief executive Jensen Huang attempts to revive stalled sales efforts during a closely watched visit to…
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YETI Shares Jump After Earnings Beat and Upgraded Outlook (YETI)
YETI Holdings (NYSE:YETI) shares climbed 9.6% in premarket trading after the company reported first-quarter results that exceeded Wall Street expectations and lifted the lower end of its full-year guidance. The company posted adjusted earnings per share of $0.26 for the quarter, outperforming analyst forecasts of $0.18 by $0.08. Revenue increased 8% year over year to…
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AMD and ARM Extend Server Market Gains While Intel Loses Share (AMD)
Advanced Micro Devices (NASDAQ:AMD) and Arm Holdings (NASDAQ:ARM) continued to strengthen their positions in the server processor market during the first quarter of 2026, taking additional share from Intel (NASDAQ:INTC), according to a new report published by UBS. The report also showed that personal computer shipments remained weaker than typical seasonal patterns for a second…
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Cisco Shares Surge After $1 Billion AI Restructuring Plan and Workforce Reduction (CSCO)
Cisco Systems (NASDAQ:CSCO) announced a major restructuring initiative on Wednesday aimed at sharpening its focus on high-growth segments such as artificial intelligence, after reporting record third-quarter revenue results. The company said the overhaul will result in approximately $1 billion in charges related to severance payments and other restructuring expenses. Cisco also confirmed plans to reduce…
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Intel Rejoins Formula One Through McLaren Technology Partnership (INTC)
Intel (NASDAQ:INTC) is making a return to Formula One after agreeing to a multi-year partnership with McLaren, where it will serve as the racing organisation’s official compute partner, according to a report from Sky. The partnership is expected to be formally announced on Thursday, although financial details of the agreement have not been disclosed, Sky…