ADVFN US – Market Content Editor
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Dollar Softens Ahead of PCE Data; Euro Climbs Near Recent Highs
The U.S. dollar edged lower on Friday, extending its recent slide as markets brace for a key inflation reading that could reinforce expectations for a Federal Reserve rate cut next week. By 04:10 ET (09:10 GMT), the Dollar Index — which measures the greenback against six major counterparts — was down 0.1% at 98.872, positioning…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Firm Ahead of Key U.S. Data; Reports Point to Netflix–Warner Bros Talks
U.S. equity futures pointed higher early Friday as traders positioned themselves ahead of a delayed but closely followed inflation reading. Alongside the data, markets are also watching a new gauge of consumer sentiment. Meanwhile, Netflix (NASDAQ:NFLX) has reportedly entered exclusive talks to acquire major assets from Warner Bros Discovery (NASDAQ:WBD), a move that could reshape…
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U.S. Stocks Finish Choppy Trading Day Little Changed
After moving higher over the two previous sessions, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closed narrowly mixed. While the Nasdaq rose 51.04 points or 0.2 percent to 23,505.14 and the…
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Meta Shares Rally After Report Suggests Major Cutbacks to Metaverse Division
Meta Platforms (NASDAQ:META) jumped more than 6% in early trading Thursday after a Bloomberg News report revealed that CEO Mark Zuckerberg is preparing to sharply scale back spending on the company’s metaverse initiatives. The report said Meta leadership has discussed reducing the metaverse division’s budget by as much as 30% in 2026. The group includes…
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Figure Technology Solutions Shares Jump After Company Launches RWA Consortium on Solana
Figure Technology Solutions Ltd. (NASDAQ:FIGR) surged 5.1% on Thursday after unveiling a new real-world asset (RWA) consortium aimed at expanding access to more than $1 billion in monthly on-chain loan originations, beginning on the Solana blockchain. The consortium brings together leading crypto and DeFi platforms in a coordinated effort to promote the adoption of PRIME—a…
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Robin Energy Shares Rally as Company Secures High-Value LPG Charter Contracts
Robin Energy Ltd. (NASDAQ:RBNE) surged 5.5% on Thursday after announcing a series of lucrative multi-period charter agreements for its LPG fleet along with strong recent results from its tanker operations. The international shipping company reported that both of its LPG carriers are currently employed under time-charter contracts at highly favorable rates. The M/T Dream Terrax…
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Kroger Shares Slip After Revenue Falls Short on Weaker Spending From Low-Income Shoppers
Kroger (NYSE:KR) traded 1.8% lower in premarket action Thursday after reporting third-quarter revenue that missed Wall Street expectations, weighed down by softer spending from lower-income customers and intensifying competition from major retailers. Revenue grew to $33.9 billion but fell short of the $34.28 billion analysts had projected. The company said many shoppers continued to scale…
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Hims & Hers Health Shares Gain Following Company’s Expansion Into Canada
Hims & Hers Health (NYSE:HIMS) saw its stock rise 3.6% on Thursday after unveiling its official launch into the Canadian market—a major milestone in the company’s international expansion roadmap. The move comes shortly after Hims & Hers acquired Livewell, a Canadian digital health provider focused on weight-loss treatments. The acquisition sets the stage for the…
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Sidus Space Shares Climb After Company Joins NASA SBIR Space-Debris Tracking Project
Sidus Space Inc. (NASDAQ:SIDU) saw its stock rise 5.3% on Thursday after announcing it has been selected as a subcontractor for a NASA Small Business Innovation Research (SBIR) initiative aimed at improving the monitoring of orbital debris. The Cape Canaveral–based aerospace and defense company will assist MobLobSpace, Inc. in a six-month design study to integrate…
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Vivakor Shares Edge Higher After Company Signs Its First International Fuel Agreement
Vivakor Inc. (NASDAQ:VIVK) saw its stock rise 2% on Thursday after announcing its first-ever international fuel transaction, marking the company’s entry into the Mexican refined products market. The deal was arranged through Vivakor’s Vivakor Supply & Trading (VST) platform and represents the firm’s initial step into cross-border refined fuel markets. Until now, Vivakor had primarily…