ADVFN US – Market Content Editor
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Sapiens tops Q3 revenue forecasts as North America drives double-digit growth
Sapiens International Corporation (NASDAQ:SPNS) delivered third-quarter results that beat revenue expectations on Thursday, fueled by accelerating demand in North America and continued expansion across emerging markets, while earnings landed in line with analyst projections. The insurance software provider reported adjusted EPS of $0.36, matching Wall Street estimates. Quarterly revenue rose 11.2% year over year to…
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NICE climbs 6% premarket after Q3 revenue beats expectations
Shares of NICE Ltd. (NASDAQ:NICE) gained more than 6% in premarket trading on Thursday after the cloud software company delivered third-quarter results that topped Wall Street forecasts. NICE reported Q3 revenue of $732 million, coming in ahead of the consensus estimate of $728.23 million and marking a year-over-year increase that underscores steady business momentum. Earnings…
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Tencent posts 15% revenue increase in Q3, topping forecasts as gaming segment accelerates
Tencent Holdings (NYSE:TME) reported stronger-than-expected third-quarter earnings, with revenue climbing 15% from a year earlier and coming in 2% above market estimates. Growth was led by a standout performance in the company’s gaming division, which expanded 23% year-on-year — outperforming expectations by 4% and driven largely by international titles. Gross gaming receipts advanced 21%, a…
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Samsonite rallies 14% as travel recovery accelerates and analysts signal new growth phase
Samsonite (USOTC:SMSEY) shares surged 14% on Thursday after fresh U.S. air travel data showed passenger throughput rising roughly 4% in October — the strongest monthly increase so far this year. The improving travel backdrop reinforces management’s upbeat expectations heading into the end of 2024, even as the company prepares to lap a higher wholesale comparison…
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Cisco surges 7% as booming AI demand prompts annual outlook upgrade
Cisco Systems (NASDAQ:CSCO) jumped more than 7% in premarket trading on Thursday after the company lifted its full-year financial guidance, citing accelerating demand for networking hardware tied to the rapid buildout of AI-driven data centers. The tech group now expects fiscal 2026 revenue of $60.2 billion to $61 billion, up from its prior range of…
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Rio Tinto puts $2.4 billion Serbian lithium project on hold as new CEO reshapes priorities
Rio Tinto (NYSE:RIO) has decided to halt further development of its $2.4 billion Jadar lithium project in Serbia, marking one of the first major strategic shifts under new Chief Executive Simon Trott, who is pushing to refocus the company on nearer-term growth options. The Jadar deposit, discovered by Rio Tinto geologists in 2004, has long…
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Lantern Pharma to Spotlight AI Drug-Development Platforms at UNT’s First AI4BM Symposium
Lantern Pharma Inc. (NASDAQ:LTRN) is set to showcase two of its commercially deployed artificial intelligence platforms at the University of North Texas’ inaugural AI for Biology and Medicine (AI4BM) symposium, the biotech company announced Thursday. The event is hosted by Dr. Serdar Bozdag and UNT’s new Center for Computational Life Sciences, and is expected to…
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Oil slips as U.S. crude stocks rise and OPEC warns of 2026 oversupply
Oil prices softened again on Thursday, adding to the sharp declines seen in the previous session, after fresh data pointing to higher U.S. crude inventories deepened worries that global supply continues to outpace demand. By 06:45 GMT, Brent crude futures were steady at $62.71 per barrel, unchanged after Wednesday’s 3.8% drop. U.S. West Texas Intermediate…
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Gold climbs past $4,200/oz as uncertainty lingers despite U.S. government reopening
Gold prices strengthened during Thursday’s Asian session, extending their recent upward trend as traders continued to grapple with uncertainty surrounding the U.S. economic outlook—even after lawmakers voted to end the nation’s longest-ever government shutdown. The metal has been on a steady rise over the past week, bolstered by a series of weak private-sector labor indicators…
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Dollar pulls back as U.S. government reopens; sterling finds little momentum
The U.S. dollar edged lower on Thursday after President Donald Trump signed legislation to end the nation’s longest government shutdown, lifting risk sentiment, while the British pound struggled to gain traction following weak U.K. growth figures. At 03:50 ET (08:50 GMT), the Dollar Index — which measures the greenback against six major counterparts — slipped…