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Oracle rises as AI-fueled backlog growth deflects spending worries

Oracle rises as AI-fueled backlog growth deflects spending worries

By Deborah Mary Sophia Sept 11 (Reuters) - Oracle's shares gained 3% in early trading on Friday after a $26 billion jump in revenue backlog eased some concerns around its massive debt-driven spending spree, but analysts said the company's cash flow recovery is still a long way off.
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JetBlue seeks to reassure investors as losses deepen

JetBlue seeks to reassure investors as losses deepen

Oct 26 (Reuters) - JetBlue Airways sought to reassure investors about its financial health on Monday despite posting a bigger-than-expected quarterly loss, as a sharp selloff in its bonds and mounting restructuring concerns cast a shadow over the airline's turnaround.
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Alphabet takes $548 million stake in partner Qualcomm in data center push

Alphabet takes $548 million stake in partner Qualcomm in data center push

Nov 6 (Reuters) - Alphabet built a stake worth nearly $548 million in longtime partner Qualcomm in the third quarter, giving a boost to the chipmaker's efforts to expand into data centers as the smartphone market sees one of the worst downturns. Qualcomm shares rose 3% in premarket trading.
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Wall St futures rise after rough week, but Nvidia unsettles investors

Wall St futures rise after rough week, but Nvidia unsettles investors

Nov 9 (Reuters) - US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.
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Qualcomm Stock Declines Following Light Q1 Forecast and Handset Chip Sales Drop

Qualcomm Stock Declines Following Light Q1 Forecast and Handset Chip Sales Drop

Qualcomm Stock Declines Following Light Q1 Forecast and Handset Chip Sales Drop
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Nasdaq pares losses as chips recover, rate-hike fears linger

Nasdaq pares losses as chips recover, rate-hike fears linger

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
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Nasdaq rebounds as chips stocks recover from steep losses

Nasdaq rebounds as chips stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
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AMD Reports Record Q3 2026 Revenue Driven by 97% Data Center Growth

AMD Reports Record Q3 2026 Revenue Driven by 97% Data Center Growth

AMD Reports Record Q3 2026 Revenue Driven by 97% Data Center Growth
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Humana lifts annual profit forecast as medical costs ease

Humana lifts annual profit forecast as medical costs ease

By Sneha S K and Christy Santhosh Nov 6 (Reuters) - Humana raised its full-year profit forecast on Friday after reporting lower-than-expected medical costs as the health insurer positions itself for a return to improved profit margins by 2028, sending its shares up 3.2% in morning trading.
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Under Armour flags broad-based weakness, sees steeper-than-expected third-quarter sales decline

Under Armour flags broad-based weakness, sees steeper-than-expected third-quarter sales decline

Nov 6 (Reuters) - Under Armour on Thursday flagged weakness across its portfolio, as the athletic apparel maker grapples with a challenging consumer environment and aggressive discounting by competitors clearing inventory.
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Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas

Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas

Nov 6 (Reuters) - Moderna lifted its full-year revenue forecast on Friday, after strong international demand for its COVID-19 vaccine and payments from partnerships helped the biotech swing to profit in the third quarter.
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Alphabet Acquires $548 Million Stake in Qualcomm, Bolstering Chipmaker's AI Data Center Expansion

Alphabet Acquires $548 Million Stake in Qualcomm, Bolstering Chipmaker's AI Data Center Expansion

Alphabet Acquires $548 Million Stake in Qualcomm, Bolstering Chipmaker's AI Data Center Expansion