ADVFN US – Market Content Editor
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Eos Energy shares jump after Cerberus deal and stronger-than-expected Q1 results (EOSE)
Shares of Eos Energy Enterprises (NASDAQ:EOSE) surged more than 23% in premarket trading on Wednesday after the company announced a strategic partnership with Cerberus Capital Management and reported first-quarter results that topped analyst expectations. Eos and Cerberus launch energy storage joint venture Eos and Cerberus revealed plans to create Frontier Power USA, a joint venture…
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Dynatrace shares slide despite quarterly earnings beat (DT)
Shares of Dynatrace (NYSE:DT) dropped more than 10% in premarket trading on Wednesday even after the software group reported quarterly earnings and revenue above Wall Street expectations. Revenue and earnings top analyst forecasts Dynatrace posted fourth-quarter adjusted earnings per share of $0.41, exceeding analyst expectations of $0.39 per share. Quarterly revenue reached $532 million, ahead…
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Bouygues Telecom lowers acquisition costs using Perion AI platform (PERI)
Bouygues Telecom (EU:EN) has integrated an AI-powered advertising solution from Perion Network (NASDAQ:PERI) into its marketing operations, helping reduce customer acquisition costs by 34% and lowering campaign carbon intensity by 51%, according to a statement released by Perion. The telecoms operator, which serves more than 30 million customers, deployed Perion’s Outmax AI agent as part…
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National Vision shares climb after profit tops expectations despite slight revenue shortfall (EYE)
Shares of National Vision Holdings (NASDAQ:EYE) rose 5.3% in premarket trading on Wednesday after the company reported first-quarter earnings that exceeded analyst forecasts, even though revenue came in slightly below expectations. Investors appeared encouraged by improved profitability and stronger operating margins during the quarter. Earnings beat estimates as profitability improves National Vision posted adjusted earnings…
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Boyd Group reports first-quarter revenue and earnings below expectations (BGSI)
Boyd Group Services (NYSE:BGSI) released first-quarter results on Wednesday that came in below Wall Street forecasts, although the company continued to post record adjusted EBITDA and expanded its operating footprint significantly through acquisitions. The stock was little changed in after-hours trading following the earnings release, edging up just 0.02%. Earnings and revenue miss analyst forecasts…
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Alibaba shares retreat after quarterly revenue falls short of forecasts despite cloud and AI momentum (BABA)
Shares of Alibaba Group (NYSE:BABA) moved lower in U.S. premarket trading on Wednesday after the company posted quarterly revenue that came in slightly below analyst expectations, even as its cloud computing and artificial intelligence operations continued to deliver strong growth. Alibaba reported revenue of 243.4 billion yuan for the quarter ended March 31, representing a…
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Birkenstock slides in premarket trading after quarterly profit misses forecasts (BIRK)
Shares of Birkenstock (NYSE:BIRK) dropped more than 11% in premarket trading on Wednesday after the footwear group reported second-quarter profit figures that fell short of analyst expectations despite continued revenue growth. Earnings and margins come in below expectations Birkenstock posted second-quarter operating profit of €155.5 million, down 11% from the same period last year and…
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Wix.com posts first-quarter revenue in line with expectations (WIX)
Wix.com (NASDAQ:WIX) reported first-quarter revenue that broadly matched analyst expectations, as continued growth in subscriptions and platform activity supported double-digit year-on-year gains. The company generated revenue of $541.2 million during the quarter, compared with the average analyst estimate of $543.9 million. Revenue increased 14% from the same period last year. Margins soften while bookings narrowly…
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Nvidia rises after Trump says Huang joined China delegation (NVDA)
Shares of Nvidia (NASDAQ:NVDA) moved higher in premarket trading on Wednesday after U.S. President Donald Trump confirmed that Nvidia chief executive Jensen Huang was accompanying him on his trip to China, pushing back against earlier media reports suggesting the chipmaker executive had not been included in the delegation. “Jensen is currently on Air Force One,”…
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Oil prices retreat as fragile Iran truce and Trump-Xi meeting remain in focus
Oil prices moved lower on Wednesday, ending a three-session rally as traders assessed uncertainty surrounding the fragile ceasefire situation in the Middle East and awaited upcoming talks in China between U.S. President Donald Trump and Chinese President Xi Jinping. Brent crude futures declined by $1.47, or 1.4%, to $106.30 per barrel by 0630 GMT. U.S.…