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U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover by Japan’s Nippon Steel, and that it can close the deal by year-end.

Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk

Market giving mixed signals; new trading positions include Airbnb.

Philadelphia Fed’s factory gauge moves back into growth territory in September

The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.

Corning’s stock rises as it sticks to Q3 profit view

Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.

There’s still a chance of a ‘fat right tail’ for stocks, these strategists say

After the Federal Reserve’s historic half-point interest rate reduction, what do investors now have to look forward to?

Cracker Barrel’s earnings fall short as it works to draw customers back to its stores and restaurants

The stock of Cracker Barrel Old Country Store Inc. was flat premarket Thursday, after the rustic-themed restaurant and retail chain’s fiscal fourth-quarter earnings fell short of estimates.

Jobless claims fall to lowest level since May

Claims down 12,000 to 219,000 vs. forecast of 229,000

Politico owner Axel Springer strikes deal with KKR to split off media business

Politico owner Axel Springer has reached an agreement with its top shareholder KKR to separate its portfolio of media assets from its fast-growing classified advertisements business.

Builders FirstSource’s stock rises as it names new CEO

Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.

Olive Garden parent Darden’s Q1 earnings fall short after ‘significant’ drop in traffic in July

Darden Restaurants Inc.’s stock rose 6% premarket Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it backed guidance for the full year.

With huge NASA contract, Intuitive Machines closer to becoming ‘preeminent lunar infrastructure player’, says analyst

The award of a NASA contract worth up to $4.82 billion has cemented Intuitive Machines Inc.’s position as a key partner in the space agency’s ambitious plans for lunar exploration, according to analyst firm Benchmark.

Powell’s recalibration on rates may bring 1995-like boost to stocks: strategist

That the U.S. no longer needs “emergency levels of monetary squeeze” should be bullish for risky assets, says one strategist.
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