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ESS Tech Falls

ESS Tech Falls 19% After Earnings Miss and Analyst Downgrades

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ESS Tech Falls 19% on Unexpected Q3 Losses Shares in ESS Tech Inc. (NYSE: GWH) plunged nearly 19% in premarket trading on Thursday, following a significant earnings miss for fiscal Q3 2024. The energy storage provider reported much weaker-than-expected results, disappointing investors and analysts. Disappointing Financial Results for Q3 2024 ESS reported a third-quarter loss …

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Novavax Stock Surges

Novavax Stock Surges as FDA Lifts Clinical Hold on Its COVID-19 and Flu Vaccine

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Novavax Stock Surges Novavax Stock Surges has lifted its clinical hold on Novavax’s late-stage trial for its COVID-19 and influenza combination vaccine, as well as its standalone flu vaccine. Novavax (NASDAQ: NVAX) announced the news on Monday, resulting in a 13% increase in the company’s stock in premarket trading. Initial Hold Due to Participant’s Health …

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Sony shares surge

Sony Shares Surge After 73% Profit Increase and Upgraded Forecast

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Sony Shares Surge Sony shares surge 73% increase in group operating profit for the July-September quarter, primarily fueled by strong performance in its gaming and network segment. This surge highlights the effectiveness of Sony’s diversified business strategy, which spans music, movies, gaming, and semiconductor products. Steady Annual Profit Outlook The company’s diversified portfolio allowed Sony …

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Vimeo stock surges

Vimeo Stock Surges Following Strong Q4 Revenue Forecast

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Vimeo Stock Surges on Strong Q4 Forecast Vimeo stock surges over 18% in premarket trading on Tuesday. This boost came after the video platform released a Q4 revenue and operating income forecast that exceeded Wall Street expectations. Q3 Results Beat Analyst Projections In addition to the upbeat forecast, Vimeo’s Q3 results also outperformed market projections: …

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E.W Scripps Stock Surges

E.W. Scripps Stock Surges 6% After Achieving Record-Breaking Political Ad Revenue

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E.W. Scripps Stock Surges 6% on Record Political Ad Revenue E.W Scripps Stock Surges 6% following the announcement of record third-quarter revenue driven by strong political advertising. Although the media company reported earnings below estimates, the impressive revenue growth helped boost investor confidence. Earnings Miss, But Revenue Exceeds Expectations For Q3, E.W. Scripps reported an …

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Morocco Stock Market

Morocco Stock Market Ends Higher with 0.21% Gain in All Shares Index

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Moroccan Stock Market Rise with Key Gains in Holding, Real Estate, and Distributors Sectors Moroccan stock market closed with gains driven by strong performances in the Holding Companies, Real Estate, and Distributors sectors. At the close in Casablanca, the Moroccan All Shares Index increased by 0.21%. Top Performers: S2M, Jet Contractors, and Fenie Brossette Leading …

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ServiceNow shares drop

ServiceNow Shares Drop Following Morgan Stanley’s Downgrade to Neutral

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ServiceNow Shares Drop Following Morgan Stanley Downgrade ServiceNow shares drop over 1.5% in premarket trading on Monday after analysts at Morgan Stanley (NYSE: MS) downgraded the stock from Overweight to Equal Weight. A Year of Strong Gains This downgrade follows a year of impressive growth for the cloud software company. ServiceNow’s stock surged nearly 70% …

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RailTel Shares Surge

RailTel Shares Surge 10% After Securing ₹79 Crore Contract from MHADA

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Railtel shares surge the Investors have responded positively to RailTel’s steady stream of orders this year. As a result, the company’s share value has risen by 31% year-to-date. Impressively, RailTel concluded CY23 with a remarkable 168% gain. RailTel Shares Surge on Winning ₹79 Crore MHADA Contract On Wednesday, RailTel Corporation of India shares surged by …

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IBM Stocks Climb

IBM Stocks Climb Before Earnings Announcement

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IBM stocks climb of its third-quarter earnings report set for October 23rd, IBM (NYSE: IBM) has received optimistic price target upgrades from Goldman Sachs and Bank of America. These revisions reflect growing confidence in the company’s performance and future prospects. IBM Stocks Climb Goldman Sachs analysts have raised their price target on IBM from $220 …

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DuPont Stock Drops

DuPont Stock Drops as Barclays Flags Valuation and Breakup Worries

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  DuPont stock drops by 2.9% in pre-market trading on Monday after Barclays downgraded the stock from “equal weight” to “underweight.” DuPont Stock Drops Barclays analysts expressed concerns over DuPont’s valuation, stating that it has likely reached its peak following recent market gains. The company’s stock has soared to multi-year highs, but analysts warned that …

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