ADVFN US – Market Content Editor
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Avita Medical Shares Surge After Record Second-Quarter Performance
Avita Medical (NASDAQ:RCEL) shares jumped 21.7% in premarket trading after the regenerative medicine company delivered record second-quarter financial results that exceeded analyst expectations on both revenue and earnings. The strong report, released after Thursday’s market close, extended gains from the previous trading session and fuelled additional buying in after-hours and premarket trading. The company generated…
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First Solar Shares Jump After Trump Introduces New Tariffs on Solar Imports
First Solar (NASDAQ:FSLR) shares climbed around 8% in premarket trading after US President Donald Trump signed an executive order introducing a 15% tariff alongside minimum import price requirements for polysilicon and its downstream products. The measures, implemented under Section 232 of the Trade Expansion Act, will take effect on 4 December 2026. The policy establishes…
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DaVita Shares Rise After TD Cowen Upgrades Stock to Buy
DaVita HealthCare Partners Inc. (NYSE:DVA) shares gained around 2.1% in premarket trading after TD Cowen upgraded the kidney dialysis provider from Hold to Buy and increased its price target to $220 from $201. The brokerage cited DaVita’s strengthening competitive position and improving long-term growth prospects as key reasons for the more optimistic stance. Analysts also…
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Dropbox Shares Decline Despite Earnings Beat as Revenue Growth Disappoints
Dropbox (NASDAQ:DBX) shares fell around 5% in premarket trading to approximately $32.80 after the cloud storage and collaboration company released its second-quarter 2026 results. Although the company exceeded Wall Street’s earnings and revenue expectations, investors were disappointed by the continued lack of meaningful top-line growth following the stock’s strong rally in recent months. Dropbox reported…
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Cloudflare Shares Surge After Strong Second-Quarter Results and Higher 2026 Outlook
Cloudflare (NYSE:NET) shares jumped around 16% in premarket trading on Friday after the cloud networking and cybersecurity company reported second-quarter results that exceeded Wall Street expectations and raised both its quarterly and full-year guidance. The company delivered better-than-expected earnings and revenue, reflecting continued demand for its cloud infrastructure and artificial intelligence services. Revenue and Earnings…
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Airbnb Beats Second-Quarter Expectations and Raises 2026 Forecast as Travel Demand Strengthens
Airbnb (NASDAQ:ABNB) shares climbed more than 8% in premarket trading on Friday after the online accommodation platform reported second-quarter results that exceeded Wall Street forecasts and upgraded its outlook for the full year. Strong travel demand, rising booking volumes and higher average daily rates supported the company’s performance. Airbnb posted earnings of $1.37 per share,…
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T-Mobile CEO Says Starlink’s Competitive Threat to Mobile Networks Is Overstated
The competitive risk posed by satellite providers such as Starlink has been overstated, according to T-Mobile (NASDAQ:TMUS) Chief Executive Srini Gopalan, who argued that traditional mobile operators remain well positioned to meet consumers’ connectivity needs. Speaking in an interview with the Financial Times, Gopalan questioned the role satellite-based mobile services are expected to play and…
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Meta Ordered to Pay $567 Million in Landmark Child Safety Ruling
Meta Platforms Inc (NASDAQ:META) has been ordered by a New Mexico court to pay $567 million into a dedicated fund supporting initiatives to address harm experienced by young users, in one of the most significant legal decisions to date involving child safety and social media platforms. The decision was issued by Judge Bryan Biedscheid of…
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Oil Prices Advance as Strait of Hormuz Uncertainty Returns to the Forefront
Oil prices moved higher on Friday as uncertainty surrounding the future of shipping through the Strait of Hormuz continued to support the market. Fresh proposals from Iran, developed alongside Oman, have raised concerns by suggesting restrictions on vessels considered hostile and financial penalties for ships that fail to comply with the proposed transit rules. By…
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Gold Advances as Middle East Uncertainty Supports Safe-Haven Demand Ahead of US Payrolls
Gold prices moved higher on Friday, building on the previous session’s gains as investors weighed escalating geopolitical tensions around the Strait of Hormuz against expectations for US monetary policy. Markets are now looking to the upcoming US nonfarm payrolls report for further guidance. At 01:04 ET (05:04 GMT), spot gold (XAU/USD) was up 0.6% at…