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US stock futures rise as oil dips; Middle East tensions linger

US stock futures rise as oil dips; Middle East tensions linger

May 5 (Reuters) - U.S. stock index futures advanced on Tuesday, signaling a recovery in equities as oil prices ticked lower even as renewed tensions in the Middle East threatened to upend a fragile truce after the U.S. and Iran exchanged fire ​in the Gulf.
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Paramount Skydance first-quarter profit benefits from cost-cutting

Paramount Skydance first-quarter profit benefits from cost-cutting

By Dawn Chmielewski May 4 (Reuters) - Paramount Skydance's pre-tax earnings rose in the first quarter, the company said on Monday, as streamlined operations and improved results in its streaming and studios businesses helped offset declines in television.
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Wall Street Indexes Decline Amid Middle East Tensions and Rising Oil Prices

Wall Street Indexes Decline Amid Middle East Tensions and Rising Oil Prices

Wall Street Indexes Decline Amid Middle East Tensions and Rising Oil Prices
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US stock futures mixed as Middle East risks remain in focus

US stock futures mixed as Middle East risks remain in focus

May 4 (Reuters) - U.S. stock index futures were mixed on Monday, pointing to a cautious start to the week as investors assessed the growing U.S.-Iran standoff over the Strait of Hormuz, the crucial oil shipping route that remains shut.
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Vertex tops profit estimates as sales of new cystic fibrosis drug surge

Vertex tops profit estimates as sales of new cystic fibrosis drug surge

May 4 (Reuters) - Vertex Pharmaceuticals on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment.
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Tyson Foods profit beats estimates on strength in chicken business

Tyson Foods profit beats estimates on strength in chicken business

May 4 (Reuters) - Tyson Foods reported better-than-expected quarterly earnings on Monday, as rising chicken sales helped counter a sharp drop in demand for high-priced beef.
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ExxonMobil Reports $4.2 Billion Q1 Earnings Amid Middle East Disruptions

ExxonMobil Reports $4.2 Billion Q1 Earnings Amid Middle East Disruptions

ExxonMobil Reports $4.2 Billion Q1 Earnings Amid Middle East Disruptions
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National Australia Bank posts first-half profit miss, warns of Middle East conflict risks

National Australia Bank posts first-half profit miss, warns of Middle East conflict risks

May 4 (Reuters) - National Australia Bank reported weaker-than-expected first-half cash earnings on Monday, hurt by one-off and impairment charges, while cautioning that the Iran war posed risks to its underlying asset quality.
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KKR-backed GMR eyes $5 billion valuation in US IPO

KKR-backed GMR eyes $5 billion valuation in US IPO

May 4 (Reuters) - Emergency medical services GMR Solutions said on Monday it was targeting a valuation of up to $5 billion in its U.S. initial public offering, as the pickup in new listings extends into May.
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Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges
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Duolingo's growth outlook moderates as it prioritizes engagement over monetization

Duolingo's growth outlook moderates as it prioritizes engagement over monetization

By Akash Sriram May 4 (Reuters) - Duolingo posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term monetization.
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Attorneys General Urge Payment Firms to Halt Illegal E-Cigarette Sales

Attorneys General Urge Payment Firms to Halt Illegal E-Cigarette Sales

A coalition of 25 state attorneys general, led by California Attorney General Rob Bonta, is urging major payment companies to take stronger action against unlawful e-cigarette sales. The coalition has sent letters to companies such as American Express, Mastercard, and PayPal, requesting their cooperation in preventing illegal transactions involving e-cigarettes. This initiative aims to address the widespread issue of illegal e-cigarette sales, which pose significant public health risks. The coalition emphasizes the responsibility of financial service companies to ensure their platforms are not used for illegal activities.