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Chinese AI Platform Fuels Jitters on Wall Street, Driving Premarket Losses for US Equity Futures
Chinese AI Platform Fuels Jitters on Wall Street, Driving Premarket Losses for US Equity Futures
Jan 27, 2025
09:03 AM EST, 01/27/2025 (MT Newswires) -- US equity futures dropped ahead of Monday's opening bell, with futures of the technology-heavy Nasdaq Composite leading the losses amid concerns surrounding the artificial intelligence sector. Dow Jones Industrial Average futures fell 0.7%, S&P 500 futures dropped 2%, and Nasdaq futures were down 3.5%. Nvidia ( NVDA ) and other artificial intelligence players...
Sector Update: Energy
Sector Update: Energy
Jan 27, 2025
09:05 AM EST, 01/27/2025 (MT Newswires) -- Energy stocks declined premarket Monday as the Energy Select Sector SPDR Fund (XLE) fell by 0.3% recently. The United States Oil Fund (USO) was down 0.4% and the United States Natural Gas Fund (UNG) was 4.1% lower. Front-month US West Texas Intermediate crude oil was down 0.5% at $74.25 per barrel at the...
Sector Update: Health Care
Sector Update: Health Care
Jan 27, 2025
08:54 AM EST, 01/27/2025 (MT Newswires) -- Health care stocks were mixed premarket Monday, with The Health Care Select Sector SPDR Fund (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) 0.3% lower. Akero Therapeutics ( AKRO ) shares were up over 114% after the company said a phase 2b study of its lead product candidate efruxifermin showed a statistically...
Sector Update: Financial
Sector Update: Financial
Jan 27, 2025
09:03 AM EST, 01/27/2025 (MT Newswires) -- Financial stocks were leaning lower pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) recently declined by 0.1%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% higher. SoFi Technologies ( SOFI ) shares declined by over...
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P10 Shares Rise After Q2 Beat, Additional $25 Million Share Buyback
P10 Shares Rise After Q2 Beat, Additional $25 Million Share Buyback
Aug 7, 2025
09:43 AM EDT, 08/07/2025 (MT Newswires) -- P10 (PX) shares were up 3% in early trading Thursday after the company reported Q2 results above analyst estimates and said its board approved an additional $25 million for its share repurchase program. The company reported Q2 adjusted net income Thursday of $0.23 per diluted share, down from $0.24 a year earlier. Two...
Janus International Shares Rise After Q2 Adjusted Earnings, Revenue Beat Expectations
Janus International Shares Rise After Q2 Adjusted Earnings, Revenue Beat Expectations
Aug 7, 2025
09:40 AM EDT, 08/07/2025 (MT Newswires) -- Janus International ( JBI ) shares were rising past 3% in early Thursday trading after it reported Q2 results that came in ahead of analysts' estimates and reiterated its 2025 revenue outlook. The company reported Q2 adjusted earnings of $0.20 per diluted share, down from $0.25 a year earlier. Analysts surveyed by FactSet...
Establishment Labs Shares Fall After Q2 Net Loss Narrows
Establishment Labs Shares Fall After Q2 Net Loss Narrows
Aug 7, 2025
09:42 AM EDT, 08/07/2025 (MT Newswires) -- Establishment Labs ( ESTA ) shares were down more than 4% in early Thursday trading after the company reported a Q2 net loss of $0.57 per diluted share, narrowing from a loss of $0.62 a year earlier. Analysts polled by FactSet expected a loss of $0.53. Revenue for the quarter ended June 30...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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