ADVFN US – Market Content Editor
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Telephone & Data Systems rises more than 5% after Q4 earnings and revenue top estimates
Shares of Telephone and Data Systems, Inc. (NYSE: TDS) climbed over 5% in premarket trading Friday after the company delivered fourth-quarter results that exceeded Wall Street forecasts, closing what executives called a pivotal year for the business. For the quarter, TDS reported earnings per share of $0.32, comfortably above the consensus estimate of $0.09 —…
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FT: Amazon cloud faced two December disruptions linked to internal AI tools
Amazon’s (NASDAQ:AMZN) cloud division experienced at least two service interruptions in December tied to issues involving its own artificial intelligence systems, the Financial Times reported on Friday, citing sources familiar with the matter. According to the report, Amazon Web Services (AWS) suffered a roughly 13-hour disruption in mid-December that affected a customer-facing system after engineers…
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Exclusive: Netflix has financial firepower to sweeten Warner Bros bid if rivalry intensifies, sources say
Netflix (NASDAQ:NFLX) has significant cash reserves and retains the flexibility to raise its offer for Warner Bros Discovery (NASDAQ:WBD) should rival bidder Paramount Skydance improve its proposal, according to two people familiar with the situation. The streaming heavyweight and the rival studio have been engaged in a high-stakes contest for Warner Bros and its vast…
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Tesla rolls out lower-cost Cybertruck option, trims Cyberbeast price amid softer demand
Tesla (NASDAQ:TSLA) introduced a more affordable version of its Cybertruck in the U.S. on Thursday and reduced the price of its top-tier Cyberbeast model, as the electric vehicle manufacturer works to stimulate demand for its pickup lineup. The company set the price of the new dual-motor, all-wheel-drive Cybertruck at $59,990, positioning it as the brand’s…
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Grail stock tumbles after pivotal trial misses main goal
Shares of Grail (NASDAQ:GRAL) plunged almost 47% in premarket trading on Friday after the company announced that its landmark NHS-Galleri study did not achieve its primary endpoint — a statistically significant drop in late-stage (Stage III and IV) cancer diagnoses. Despite the clinical setback, the California-based biotech posted fourth-quarter results that exceeded expectations. The company…
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Oil set for first weekly rise in three weeks as US-Iran tensions escalate
Oil prices advanced on Friday and were on track to post their first weekly gain in three weeks, as mounting fears of a potential confrontation between the United States and Iran unsettled markets. The move followed Washington’s warning that Tehran could face consequences within days if it fails to reach an agreement over its nuclear…
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Gold edges higher on US-Iran strains and Fed caution, but heads for weekly decline
Gold prices inched up during Asian trading on Friday, building on gains from the previous two sessions. However, the metal remained on course for a weekly loss as investors balanced renewed tensions between the United States and Iran with expectations surrounding upcoming U.S. inflation data. Spot gold rose 0.4% to $5,017.85 per ounce as of…
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Private Credit Worries Mount; U.S. PCE and GDP Data in Focus – Market Movers: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures moved modestly higher on Friday as investors prepared for key inflation and growth readings, while unease spread through private credit markets following a move by Blue Owl Capital (NYSE:OWL). Oil prices steadied amid ongoing geopolitical strains between Washington and Tehran. Futures Edge Higher By 03:09 ET, Dow futures were up 54 points,…
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Ferrari to Lift Dividend Significantly in 2026
Ferrari (NYSE:RACE) is set to reward shareholders with a substantially higher dividend in 2026. The board of directors of the Maranello-based luxury carmaker has approved a proposal for the upcoming Shareholders’ Meeting to distribute €3.615 per ordinary share — roughly 21% more than last year. The total payout would amount to about €640 million. The…
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From raw material to reactor: How Cameco, Stallion Uranium, and Constellation Energy are capitalizing on the AI-driven energy crisis
Artificial intelligence and its thirsty data centers are driving electricity demand to new heights, while geopolitical tensions and years of underinvestment are strangling the supply of uranium. Analysts predict a multiplication of the price of uranium, as mines are currently producing only three-quarters of the material needed. At the same time, US policy is pushing…