ADVFN US – Market Content Editor
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SelectQuote introduces franchise model for local insurance distribution
SelectQuote Inc. (NYSE:SLQT) has unveiled SelectQuote Local, a new franchise initiative designed to enable local representatives to offer the company’s senior health and life insurance products within defined regional markets. The insurance distribution company said the program is intended to complement its established phone-based sales model by giving customers the option to work directly with…
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Futures signal stronger start for Wall Street: Dow Jones, S&P, Nasdaq
U.S. stock index futures indicate a higher opening for markets on Tuesday, suggesting equities may continue the recovery seen in the previous session. The positive tone comes as investors try to look past recent volatility in crude oil prices tied to the intensifying conflict in the Middle East. Crude oil for April delivery is currently…
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Tesla, LG Energy Solution plan $4.3B battery factory in Michigan
Tesla (NASDAQ:TSLA) and LG Energy Solution are set to invest $4.3 billion to construct a battery manufacturing facility in Michigan, part of a broader effort to reinforce domestic energy supply chains, according to a U.S. government announcement. The new plant will be built in Lansing and is expected to begin producing lithium iron phosphate (LFP)…
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Uber shares rise after partnership with Nvidia for robotaxi expansion
Uber Technologies (NYSE:UBER) shares gained around 2% in premarket trading Tuesday after the company revealed a new collaboration with Nvidia (NASDAQ:NVDA) to launch robotaxis powered by the chipmaker’s autonomous driving technology, with initial deployments planned for Los Angeles and San Francisco in 2027. The two companies said the autonomous ride-hailing service is expected to expand…
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Beyond Meat shares fall after preliminary Q4 revenue miss and delayed annual filing
Beyond Meat (NASDAQ:BYND) said its preliminary fourth-quarter revenue fell short of Wall Street expectations and announced it will postpone filing its 2025 annual report as it reviews inventory levels, including potential provisions for excess and obsolete stock. Shares dropped about 5.6% in premarket trading Tuesday as of 04:31 ET. The stock has declined roughly 1.5%…
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Semtech Q4 earnings beat estimates and outlook tops forecasts, but shares dip
Semtech (NASDAQ:SMTC) reported fourth-quarter results that slightly exceeded analyst expectations and issued a first-quarter outlook ahead of forecasts, supported by ongoing demand for high-speed connectivity products used in data centers. Despite the stronger-than-expected results, the stock moved lower in premarket trading on Tuesday. Shares, which had gained 4.9% in Monday’s session, fell about 3.4% before…
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Tencent Music earnings miss forecasts despite strong revenue growth in Q4
Tencent Music Entertainment Group (NYSE:TME) reported fourth-quarter results on Tuesday that fell short of earnings expectations, even as revenue exceeded analyst forecasts, supported by continued expansion in its online music services. The company recorded adjusted earnings of RMB1.41 ($0.20) per American depositary share (ADS), below the analyst consensus estimate of RMB1.54 per ADS. Revenue, however,…
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Huya shares drop after fourth-quarter loss misses expectations
HUYA Inc. (NYSE:HUYA) shares declined about 4.6% on Tuesday after the company reported a fourth-quarter loss that came in worse than analysts had anticipated. The gaming-focused entertainment platform posted an adjusted loss of RMB0.04 per American depositary share (ADS), compared with analyst expectations for earnings of RMB0.20 per ADS. Quarterly revenue totaled RMB1.74 billion ($248.6…
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Elbit Systems shares jump after strong Q4 earnings beat
Elbit Systems Ltd. (NASDAQ:ESLT) reported fourth-quarter results on Tuesday that exceeded analyst expectations, sending the defense technology company’s shares higher. Adjusted earnings per share came in at $3.56, well above the consensus forecast of $2.70, representing a surprise of $0.86. Quarterly revenue totaled $2.15 billion, beating analysts’ estimate of $2.09 billion and marking an 11.3%…
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Li Auto shares slip in pre-market after Goldman Sachs downgrade and margin concerns
Shares of Li Auto (NASDAQ:LI) fell in pre-market trading Tuesday after Goldman Sachs lowered its rating on the company from “buy” to “neutral,” following the electric vehicle maker’s fourth-quarter 2025 results. The brokerage cited increasing losses and weaker outlooks for both sales volumes and margins as key reasons for the downgrade. Goldman Sachs also reduced…