ADVFN US – Market Content Editor
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GE Vernova Shares Climb After Q4 Revenue Beat and Upgraded Forecast
GE Vernova Inc. (NYSE:GEV) shares rose 5.2% after the energy transition group reported fourth-quarter revenue well ahead of expectations and lifted its forward guidance, reflecting the impact of its recently completed Prolec GE acquisition. The company delivered fourth-quarter revenue of $11 billion, beating the analyst consensus of $10.23 billion and marking a 4% increase year…
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Semiconductor Shares Poised to Drive Early Gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. equity futures pointed to a firmer open on Wednesday, setting the stage for stocks to build on gains from the previous two sessions, with semiconductor names once again expected to lead the advance. Chip-related stocks were among the strongest performers on Tuesday, and that momentum looked set to continue in early trading. U.S.-listed shares…
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Otis Shares Ease After Q4 Earnings and Revenue Come in Slightly Below Forecasts
Otis Worldwide Corporation (NYSE:OTIS) reported fourth-quarter results on Wednesday that came in just under market expectations, prompting a modest pullback in its share price after revenue missed forecasts. The elevator and escalator maker posted adjusted earnings of $1.03 per share, narrowly below the consensus estimate of $1.04. Quarterly revenue totaled $3.8 billion, short of the…
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Valens Semiconductor to Cut Workforce by 10% in Cost-Saving Push
Valens Semiconductor (NYSE:VLN) said it plans to reduce its global workforce by around 10% as part of a broader drive to improve operating efficiency, a move the Israel-based connectivity specialist expects will deliver roughly $5 million in annual operating expense savings. The headcount reduction will span multiple departments and is scheduled to be completed during…
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New Oriental Shares Advance After Earnings Jump on Accelerating Revenue Growth
Shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) gained 3.4% on Wednesday after the company posted fiscal second-quarter 2026 results that comfortably topped market expectations, underpinned by strong revenue momentum across its education portfolio. The China-based education group reported adjusted earnings of $0.45 per American Depositary Share (ADS) for the quarter ended November…
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Walmart Boosts Pay for Pharmacy Technicians as Healthcare Push Accelerates
Walmart (NYSE:WMT) is increasing pay for thousands of pharmacy employees after upgrading 3,000 pharmacy technician roles to operations team lead positions, lifting average hourly wages to $28 from $22 as the retailer expands its healthcare and digital pharmacy services. The company said on Wednesday that pharmacy technicians, who currently earn about $22 an hour on…
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UMC Shares Slide After Q4 Profit Miss Overshadows Revenue Beat
Shares of United Microelectronics Corporation (NYSE:UMC) dropped 10.7% on Wednesday after the Taiwanese chip foundry reported fourth-quarter earnings that came in below expectations, even as revenue modestly exceeded forecasts. UMC posted fourth-quarter earnings of $0.13 per ADS, missing the consensus estimate of $0.14. Revenue for the period reached $1.97 billion, slightly ahead of analyst expectations…
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VF Corp Shares Jump After Q3 Beat and Stronger Cash Flow Outlook
VF Corporation (NYSE:VFC) shares rallied in premarket trading on Wednesday after the owner of Vans delivered better-than-expected third-quarter results and signalled improving profitability and cash generation heading into 2026. The group reported third-quarter earnings of $0.58 per share, comfortably ahead of analysts’ expectations of $0.45. Revenue reached $2.88 billion for the period, representing 2% growth…
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Danaher Tops Q4 Forecasts, Bioprocessing Momentum Drives Results
Danaher Corporation (NYSE:DHR) reported fourth-quarter results that exceeded market expectations, supported by solid performance across its healthcare and life sciences portfolio, with particular strength in bioprocessing. The company posted adjusted earnings of $2.23 per share for the quarter, ahead of analysts’ consensus estimate of $2.14. Revenue came in at $6.84 billion, topping forecasts of $6.79…
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Elevance Health Warns of Lower 2026 Earnings After Disappointing Medicare Advantage Rate Proposal
Elevance Health (NYSE:ELV) said it expects earnings to decline in 2026 compared with the prior year, citing a tougher outlook for the U.S. health insurance sector after the government proposed only a modest increase in payments to private Medicare Advantage plans. The insurer said projected adjusted diluted earnings for the current year are expected to…