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Bradesco Shares Dip on BRB Rescue Plan Participation
Bradesco's preferred shares dipped 0.3% to R$17.95 as the bank joins a syndicate backing a credit deal for Banco de Brasília, while the Ibovespa fell 0.39% on rate concerns.
MongoDB Stock Surges on Cloud Growth, Raised Annual Forecast
MongoDB shares surged 21.9% after hours as fiscal Q1 revenue beat estimates and Atlas cloud growth topped 29%, prompting a raised full-year outlook.
Costco's Strong Sales Signal Resilient US Consumer Spending
Costco's Q3 net sales rose 11.6% to $69.15B, beating expectations, as US shoppers prioritize value. Digital sales surged 21.5% and memberships grew 4.1%.
Okta Stock Climbs on Q1 Beat, AI Identity Push Offsets Sector Jitters
Okta shares jumped 5.8% after Q1 revenue of $765M and EPS of $0.91 beat estimates, fueled by AI agent identity management demand.
Microsoft Shares Jump on Report of In-House AI Models Ahead of Build Event
Microsoft shares rose 3.4% on Thursday after a report said the company will unveil new in-house AI models, including a coding model for GitHub Copilot, at its Build event next week.
ServiceNow Shares Surge on Renewed AI Optimism in Enterprise Software
ServiceNow shares jumped 7% as AI-focused enterprise software stocks rallied, fueled by Snowflake's $6 billion AWS deal. Q1 subscription revenue rose 22%, but questions linger about AI's long-term impact.
S&P 500 and Nasdaq Rise as Dow Slips on Inflation Data and Ceasefire Hopes
The Dow slipped 0.08% Thursday, lagging the S&P 500 and Nasdaq, which rose on U.S.-Iran ceasefire hopes. Core PCE inflation hit 3.3%, and GDP growth was revised down to 1.6%.
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
Joby Aviation Shares Surge 6.5% Amid Air-Taxi Sector Momentum
Joby Aviation shares climbed 6.5% to $12.23 on Thursday, outperforming the broader market, with no new company announcements. The stock's rise reflects continued investor focus on the air-taxi sector's potential.