Day: November 1, 2023
Asia markets set to increase following Fed retains premiums
Seoul, South Korea rated in the major three of the quickest escalating desired destination for digital nomads. Prasit Image | Minute | Getty Visuals Asia markets ended up positioned for powerful gains as buyers took ease and comfort from the U.S. Federal Reserve’s choice to go away its benchmark desire premiums unchanged, although parsing inflation […]
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Inventory futures are very little modified as notice turns from Fed to latest earnings studies: Are living updates
Spencer Platt | Getty Photos Inventory futures are around flat Wednesday night as buyers shifted emphasis from the Federal Reserve’s plan decision to the most recent batch of corporate earnings reports. Futures tied to the Dow Jones Industrial Average slid 4 factors, buying and selling near flat. S&P 500 futures and Nasdaq 100 futures each […]
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SolarEdge shares sink following enterprise offers weak Q4 advice
The SolarEdge logo is found on a smartphone and a Computer system screen. Pavlo Gonchar | SOPA Photographs | Sipa United states through AP Pictures Shares of SolarEdge tumbled on Wednesday after hrs, subsequent the solar product or service manufacturer’s tender steering for its fourth quarter amid demand from customers struggles in the renewable electrical […]
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U.K. invests $273 million in AI supercomputer as it seeks to compete with U.S., China
Bletchley Park was a codebreaking facility during Environment War II. Getty The U.K. govt said Wednesday that it will invest £225 million, or $273 million, into an synthetic intelligence supercomputer, highlighting the country’s ambition to guide in the technology as it races to capture up to the U.S. and China. The College of Bristol will […]
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Roku stock soars on third-quarter revenue beat, solid outlook
A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company’s initial public offering at the Nasdaq Market in New York on Sept. 28, 2017. Brendan McDermid | Reuters Shares of Roku soared in after-hours trading on Wednesday after the company reported better-than-expected revenue for the third quarter. […]
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Etsy shares slip on light-weight earnings and forecast drop in gross products income
An staff walks previous a quilt exhibiting Etsy Inc. signage at the firm’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg by means of Getty Photos Shares of Etsy fell additional than 4% in prolonged trading Wednesday after the corporation introduced 3rd-quarter final results that missed analysts’ estimates for profits, and forecast a decline in gross […]
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Sam Bankman-Fried lawyer says government portrayed FTX founder as a ‘monster’
FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. Michael M. Santiago | Getty Images As lawyers in Sam Bankman-Fried’s criminal trial presented their closing arguments on Wednesday, prosecutors reminded jurors of the mountain of evidence provided by key witnesses, while defense counsel accused […]
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Disney to buy remaining Hulu stake from Comcast in widely expected move
Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday that it had agreed to buy Comcast‘s one-third stake in streaming service Hulu, a long-expected outcome. Disney said it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting the guaranteed minimum value of $27.5 billion for the streaming service […]
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E.l.f. Beauty blows past Wall Street’s estimates, raises full-year guidance again
E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street’s expectations. The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, also saw profits nearly triple compared with the year-ago period. Shares jumped about 9% in extended trading […]
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Airbnb beats on earnings but delivers weaker-than-expected direction
Brian Chesky, co-founder and CEO of Airbnb, speaks for the duration of an interview with CNBC on the floor of the New York Inventory Trade, Might 10, 2023. Brendan McDermid | Reuters Airbnb shares slipped extra than 3% in following-hours investing Wednesday soon after the enterprise documented more powerful than expected income, buoyed by currency […]
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