ADVFN US – Market Content Editor
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Home Depot Shares Drop After Q2 Results Fall Short of Expectations
Home Depot (NYSE:HD) reported fiscal Q2 2025 results that fell below analyst forecasts, causing shares to slide 2.5%, even though both revenue and earnings showed year-over-year growth. The home improvement giant posted adjusted earnings per share of $4.68, missing estimates of $4.72. Revenue reached $45.3 billion, slightly below the consensus forecast of $45.44 billion. Still,…
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Amer Sports Exceeds Q2 Expectations, Raises Forecast Despite Tariff Headwinds
Amer Sports, Inc. (NYSE:AS) reported second-quarter results on Tuesday that surpassed analyst expectations, posting adjusted earnings per share of $0.06, well above the predicted -$0.02. Revenue climbed 23% to $1.24 billion, fueled by strong sales across its premium sports and outdoor brands. Shares slipped 2.29% in pre-market trading following the announcement. Revenue from Technical Apparel…
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Intel shares surge as SoftBank commits $2 billion to chipmaker
Shares of Intel (NASDAQ:INTC) jumped nearly 6% in premarket trading Tuesday after SoftBank Group Corp. (USOTC:SFTBY) announced plans to invest $2 billion in the U.S. chipmaker. The Japanese conglomerate aims to help Intel develop advanced semiconductor manufacturing facilities in the United States. SoftBank will acquire Intel common stock at $23 per share, slightly below Intel’s…
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Palo Alto Networks jumps on strong Q4 results and upbeat guidance
Shares of Palo Alto Networks (NASDAQ:PANW) climbed more than 5% in premarket trading Tuesday after the cybersecurity firm posted quarterly results and issued guidance that exceeded Wall Street expectations. The company reported adjusted earnings of 95 cents per share for the fourth quarter ended in July, surpassing analysts’ consensus of 89 cents. Revenue came in…
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Dollar Edges Down as Markets Eye Jackson Hole; Euro Strengthens
The U.S. dollar slipped slightly on Tuesday, giving back earlier gains as investors remained cautious following the White House summit on Ukraine. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the greenback against six major currencies, was down 0.1% at 97.920, retreating from modest overnight gains. Dollar Holds in Narrow Range President Donald…
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Nvidia readies China-focused AI chip set to outperform H20 – report
Nvidia (NASDAQ:NVDA) is reportedly developing a new artificial intelligence processor tailored for the Chinese market, built on its latest Blackwell architecture and expected to exceed the capabilities of its current H20 model, Reuters reported Tuesday, citing sources familiar with the matter. The chip, tentatively called the B30A, will feature a single-die design projected to deliver…
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Gold Steady as Traders Watch Ukraine-Russia Talks and Jackson Hole
Gold prices were largely unchanged in Tuesday’s Asian session as investors stayed on the sidelines, awaiting clarity on a possible Russia-Ukraine peace deal and the upcoming Jackson Hole Symposium. The metal is recovering some losses from last week, when optimism grew that a meeting between U.S. President Donald Trump and Russian President Vladimir Putin could…
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Oil Slides as Trump Pushes for Russia-Ukraine Talks
Oil prices fell in early Asian trading on Tuesday as investors weighed developments from U.S.-Ukraine discussions, with attention turning toward a potential meeting between Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin. At 01:05 ET (05:05 GMT), October Brent crude futures dropped 0.5% to $66.16 per barrel, while West Texas Intermediate (WTI) futures slipped…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Zelensky Meeting, Home Depot Earnings, Palo Alto Forecasts Drive Market Moves
U.S. stock futures dipped slightly on Tuesday as investors awaited earnings from Home Depot and comments from Federal Reserve officials. Meanwhile, attention remains on efforts to resolve the conflict in Ukraine, following the latest Trump-Zelensky meeting, and on Palo Alto Networks’ encouraging guidance. Trump-Zelensky Talks in Washington The search for peace in Ukraine continues after…
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U.S. Stocks Close Little Changed Amid Focus On Ukraine Meetings
Following back-to-back positive weeks, stocks showed a lack of direction over the course of the trading session on Monday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing little changed. While the tech-heavy Nasdaq inched up 6.80 points or less than a tenth of a percent to…