ADVFN US – Market Content Editor
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Nvidia lifts outlook as Blackwell-fueled AI surge drives blockbuster quarter
NVIDIA Corporation (NASDAQ:NVDA) delivered another standout performance, issuing stronger-than-expected guidance after posting fiscal third-quarter results that handily beat Wall Street forecasts. Shares climbed about 3% in late trading as the ongoing AI build-out continued to propel demand for its newest Blackwell processors. For the quarter ended Oct. 26, Nvidia reported adjusted earnings of $1.30 per…
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U.S. Stocks Close Mostly Higher Ahead Of Nvidia Earnings
After failing to sustain an early rally, stocks fluctuated over the course of the trading session on Wednesday before eventually ending the day mostly higher. The major averages all closed in positive territory after spending the day bouncing back and forth across the unchanged line. The tech-heavy Nasdaq closed up 131.38 points or 0.6 percent…
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Markets in Motion: Tech tumbles as resources strengthen
In today’s Markets in Motion, tech stocks are under pressure after a week of sharp declines. Michael Burry’s call on a potential technology top is back in the spotlight, and Peter Thiel’s decision to exit his NVIDIA position has added even more attention ahead of the company’s earnings report tomorrow. With sentiment shifting, investors are watching…
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Netflix shares decline as investors question potential Warner Bros. Discovery takeover
Netflix (NASDAQ:NFLX) fell 2.7% on Wednesday as markets reacted to reports that the company is evaluating a possible bid for key Warner Bros. Discovery (NASDAQ:WBD) assets — a move that would represent one of the largest strategic pivots in the streamer’s history. According to multiple reports, Netflix has hired a financial advisor and begun reviewing…
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Williams Sonoma tops profit forecasts, lifts margin outlook as demand holds steady
Williams Sonoma (NYSE:WSM) delivered quarterly results that exceeded Wall Street expectations and raised its profitability outlook, supported by improving comparable sales and stable consumer demand across its portfolio. The home furnishings retailer reported third-quarter earnings of $1.96 per share, ahead of analyst estimates of $1.87. Revenue came in at $1.88 billion, slightly better than the…
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Micron shares slip as CEO signals rising capital needs despite strong tech outlook
Micron Technology, Inc. (NASDAQ:MU) dipped around 1% on Wednesday after executives hinted at upcoming increases in capital spending during a discussion at RBC Capital Markets’ 2025 Global Technology conference. Speaking at the event in New York, CEO Sanjay Mehrotra said the company’s current annual capex pace of roughly $18 billion could come under “pressure” amid…
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Actelis Networks shares climb after securing new order from major Japanese railway operator
Actelis Networks Inc. (NASDAQ:ASNS) edged 2.2% higher in premarket trading Wednesday after revealing that it has landed a fresh order from a leading railway operator in Japan. The deal, valued at roughly $100,000, will supply Actelis’ cyber-hardened networking technology for a critical infrastructure modernization initiative. The company’s hybrid networking solutions let rail operators upgrade communication…
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Iron Mountain shares sink after Gotham City targets company with sharp short report
Iron Mountain (NYSE:IRM) tumbled 6% on Wednesday after short-seller Gotham City Research published a highly critical report that challenges the company’s financial reporting and leverage profile. In its detailed note, Gotham accuses the records management giant of distorting key financial metrics, alleging that Iron Mountain adjusts its leverage and EBITDA calculations to make its balance…
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GT Biopharma shares advance as flagship GTB 3650 trial escalates to next dose level
GT Biopharma Inc. (NASDAQ:GTBP) saw its stock rise 4.1% on Wednesday after announcing that its Phase 1 study for its lead immunotherapy, GTB 3650, has progressed to a higher dose tier. GTB 3650 — a second-generation TriKE engineered to stimulate natural killer (NK) cells to attack cancer — has now been administered to six patients…
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GE Vernova shares climb after landing first overseas onshore wind repower deal
GE Vernova Inc. (NYSE:GEV) gained 4.8% on Wednesday after revealing that it has secured its first international onshore wind repowering contract, partnering with Taiwan Power Company (TPC) to upgrade aging turbines. The agreement—announced at the B20 South Africa 2025 Summit in Johannesburg—calls for GE Vernova to deliver 25 repower upgrade kits for TPC’s GE Vernova…