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U.S. stocks weekly: Tap the brakes

RPT-BUZZ-U.S. stocks weekly: Tap the brakes Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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Western Digital Corp reports results for the quarter ended in January 1 - Earnings Summary

Western Digital Corp reports results for the quarter ended in January 1 - Earnings Summary Western Digital Corp WDC.OQ reported quarterly adjusted earnings of $1.78​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of $-1.76. The mean expectation of twenty one analysts for the quarter was for earnings of $1.72 per share.
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U.S. stocks weekly: Tap the brakes

BUZZ-U.S. stocks weekly: Tap the brakes ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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U.S. STOCKS Nvidia, Tesla, Meta

BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, Tesla, Meta Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq rallied to a fresh intraday record on Friday, lifted by megacaps as Treasury yields slipped from the week's high while investors looked ahead to quarterly results from some of Wall Street's biggest companies next week.
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Nvidia overtakes Apple as world's most valuable company

UPDATE 2-Nvidia overtakes Apple as world's most valuable company Updates with closing stock moves and market capitalizations in paragraphs 3, 6 By Sruthi Shankar and Noel Randewich Oct 25 (Reuters) - Nvidia NVDA.O dethroned Apple AAPL.O as the world's most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips.
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Western Digital gains after topping Q1 profit estimates

BUZZ-Western Digital gains after topping Q1 profit estimates Updates ** Shares of memory chip maker Western Digital WDC.O rise 7 .8 % to $7 1.45; hit three-month high ** Com pany topped Wall Street ests. for quarterly profit on demand for its data storage products ** Western Digital reported FY25 Q1 adj EPS of $1.78, beating analysts' expectation of $1.72, according to data compiled by LSEG ** Com pany p osted Q1 rev of $4.10 bln ve rsus est.
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U.S. STOCKS Intel, Colgate-Palmolive, Mohawk Industries

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Colgate-Palmolive, Mohawk Industries Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. indexes rose on Friday, as Treasury yields slipped from the week's high and relieved the pressure on megacaps, and investors awaited quarterly results from some of Wall Street's biggest companies next week.
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Wall St gains as easing Treasury yields lift megacaps

US STOCKS-Wall St gains as easing Treasury yields lift megacaps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Apple falls after decline in China Q3 sales Capri plummets after US judge blocks Tapestry merger Centene jumps following Q3 profit beat Indexes up: Dow 0.39%, S&P 500 0.67%, Nasdaq 1.13% Updated at 09:52 a.m.
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U.S. STOCKS Capri Holdings, Deckers Outdoor, Spirit Airlines

BUZZ-U.S. STOCKS ON THE MOVE-Capri Holdings, Deckers Outdoor, Spirit Airlines Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were set to open slightly higher on Friday as Treasury yields eased and investors looked ahead to quarterly results from Wall Street's biggest companies.
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Futures point to higher open as yields ease, focus turns to megacaps

US STOCKS-Futures point to higher open as yields ease, focus turns to megacaps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Apple falls after decline in China Q3 sales Capri plummets after US judge blocks Tapestry merger Centene jumps following Q3 profit beat Indexes set for weekly losses Futures up: Dow 0.20%, S&P 500 0.28%, Nasdaq 0.36% Updated at 8:30 a.m.
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U.S. STOCKS Apple, NYCB, Centene

BUZZ-U.S. STOCKS ON THE MOVE-Apple, NYCB, Centene Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged higher on Friday as a dip in Treasury yields provided slight reprieve, though all major indexes remained on course for weekly losses.
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Futures rise as Treasury yields fall; indexes set for weekly losses

US STOCKS-Futures rise as Treasury yields fall; indexes set for weekly losses For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Apple falls after decline in China Q3 sales Capri plummets after US judge blocks Tapestry merger Centene jumps following Q3 profit beat Futures up: Dow 0.16%, S&P 500 0.22%, Nasdaq 0.24% Updated at 07:00 a.m.
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Futures gain as Treasury yields fall; Tesla slips

US STOCKS-Futures gain as Treasury yields fall; Tesla slips For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.19%, S&P 500 0.24%, Nasdaq 0.28% Oct 25 (Reuters) - U.S. stock index futures edged higher on Friday, with a decline in Treasury yields offering some relief to equities despite a drop in Tesla, although all three major indexes looked poised for a weekly loss.
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Western Digital gains after topping Q1 profit estimates

BUZZ-Western Digital gains after topping Q1 profit estimates ** Shares of memory chip maker Western Digital WDC.O rise 12.5% to $74.65 premarket ** Co topped Wall Street estimates for qtrly profit on demand for its data storage products ** Western Digital reported FY25 Q1 adj EPS of $1.78, beating analysts' expectations of $1.72 - LSEG ** Co report
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Western Digital tops quarterly profit estimates on demand from cloud computing customers

Western Digital tops quarterly profit estimates on demand from cloud computing customers Oct 24 (Reuters) - Western Digital Corp WDC.O topped Wall Street estimates for quarterly profit on demand for its data-storage products from cloud service providers, sending its shares up 9% in extended trading on Thursday. The AI boom has powered a recovery in memory chips demand as cloud service providers build infrastructure to support new applications.
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Western Digital Q1 EPS USD 1.35

BRIEF-Western Digital Q1 EPS USD 1.35 Oct 24 (Reuters) - Western Digital Q1 revenue USD 4,095 million vs. IBES estimate USD 4,118 million. Q1 operating income USD 742 million Q1 gross margin 37.9% Q1 net income USD 481 million outlook Q2 revenue USD 4,200-4,400 million
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Markets bounce as Tesla surges, yields retreat

MORNING BID AMERICAS-Markets bounce as Tesla surges, yields retreat A look at the day ahead in U.S. and global markets from Mike Dolan Markets caught a break on Thursday as the white heat of the corporate earnings season saw a beat for megacap Tesla TSLA.O that sent its shares surging 12% before the bell while bond yields beat a retreat on soft business surveys overseas.
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Western Digital Corp <WDC.OQ> expected to post earnings of $1.72 a share - Earnings Preview

Western Digital Corp expected to post earnings of $1.72 a share - Earnings Preview Western Digital Corp WDC.OQ WDC.O is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending September 30 2024 The San Jose California-based company is expected to report a 49.8% increase in revenue to $4.118 billion from $2.75 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on July 31 2024, for the peri
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Western Digital owes $315.7 million for infringing data security patent, US jury says

UPDATE 2-Western Digital owes $315.7 million for infringing data security patent, US jury says Adds Western Digital comment in paragraph 5 By Blake Brittain Oct 18 - Data storage provider Western Digital WDC.O must pay $315.7 million in damages for violating a patent owner's rights in data security technology, a jury in California federal court said on Friday.
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Western Digital owes $315.7 million for infringing data security patent, US jury says

Western Digital owes $315.7 million for infringing data security patent, US jury says By Blake Brittain Oct 18 - Data storage provider Western Digital WDC.O must pay $315.7 million in damages for violating a patent owner's rights in data security technology, a jury in California federal court said on Friday . The jury determined that several Western Digital self-encrypting hard drive products infringe a SPEX Technologies patent covering data encryption innovations, a SPEX attorney said in an ema
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