ADVFN US – Market Content Editor
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Airbnb shares fall 6% in premarket after cautious guidance on H2 growth
Airbnb (NASDAQ:ABNB) reported second-quarter earnings and revenue that surpassed Wall Street forecasts, yet its shares slipped 6% in premarket trading Thursday as investors reacted cautiously to the company’s outlook on room night growth for the current quarter. The online lodging platform posted earnings of $1.03 per share for Q2, beating analyst estimates of $0.93. Revenue…
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Baidu set to unveil advanced reasoning model by month’s end, Ernie 5.0 update imminent
Baidu (NASDAQ:BIDU) plans to launch a new reasoning AI model before the end of August, designed to tackle more complex tasks, according to an insider familiar with the company’s plans. In addition, Baidu is gearing up to release Ernie 5.0, the latest upgrade to its foundational AI model, within the next few months, the source…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures Rise as Trump’s Latest Tariffs Come Into Effect — What’s Driving Markets
U.S. stock futures moved higher on Thursday following the implementation of President Donald Trump’s expanded tariff measures, which target a wide array of countries and aim to reshape global trade dynamics. In parallel, Apple announced plans to increase investment in American manufacturing, while Trump suggested a possible 100% tariff on semiconductor imports but indicated exemptions…
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Gold Prices Rise Amid New U.S. Tariff Threats and Fed Rate Cut Speculation
Gold edged up modestly on Thursday as investors sought safety in response to fresh tariff announcements from U.S. President Donald Trump and weak U.S. economic data, which revived hopes for an upcoming Federal Reserve interest rate cut. At 04:30 ET (08:30 GMT), Spot Gold gained 0.1%, reaching $3,373.80 per ounce. Meanwhile, December Gold Futures climbed…
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Dollar Weakens Ahead of Jobless Claims; Eyes on BoE and Eurozone Moves
The U.S. dollar edged lower on Thursday as investors ramped up bets on Federal Reserve rate cuts and remained cautious over escalating trade tensions. As of 04:10 ET (08:10 GMT), the Dollar Index—which compares the greenback against six major peers—had slipped 0.1% to 97.877, following a sharper 0.6% drop the day before. Fed Cut Bets…
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Oil Prices Bounce Back as Trump Slaps India with Tariffs over Russian Crude Imports
Oil prices saw a modest rebound in Asian trading on Thursday, recovering from two-month lows after U.S. President Donald Trump intensified trade pressure on India for maintaining oil imports from Russia. The market was buoyed by a mix of geopolitical tension, supply concerns, and technical bargain-hunting, despite ongoing fears about rising output from OPEC+ and…
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DoorDash Shares Surge Over 8% on Strong Q2 Results and Positive Outlook
DoorDash (NASDAQ:DASH) shares soared more than 8% in premarket trading on Thursday, following a strong second-quarter earnings report that beat expectations, boosted by resilient demand for food and grocery delivery services despite a challenging consumer environment. The company reported Q2 earnings of $0.65 per share, handily surpassing Wall Street’s estimate of $0.43. Revenue climbed to…
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Amrize Shares Drop Over 10% After Q2 Miss and Lowered Outlook
Shares of Amrize AG (NYSE:AMRZ) slid more than 10% in Thursday’s premarket session, as the company reported disappointing second-quarter earnings and issued a full-year forecast that significantly undercut Wall Street expectations. For the second quarter, Amrize posted a 1% year-over-year decline in group revenue, while EBITDA fell 6%, and margins narrowed by 150 basis points.…
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U.S. Stocks Move Notably Higher Amid Strong Gain By Apple
After moving mostly higher early in the session, stocks saw further upside over the course of the trading day on Wednesday. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The Nasdaq jumped 252.87 points or 1.2 percent to 21,169.42 and the S&P 500 climbed 45.87…
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Uber beats Q2 estimates, unveils massive $20 billion stock buyback
Uber Technologies Inc. (NYSE:UBER) posted better-than-expected second-quarter earnings, driven by continued growth in both its ride-hailing and food delivery operations. Despite the strong results, shares dipped slightly at the open, down 0.5% from Tuesday’s close. The company reported adjusted earnings per share of $0.63, edging past the $0.62 consensus. Revenue rose 18% year-over-year to reach…