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News Powered By AI

AMD’s data center revenue nearly doubles in Q3 and CEO Su expects growth to accelerate

by News Feed Editor | Nov 8, 2026 | Stock Market

Advanced Micro Devices reported third-quarter earnings that beat expectations, with revenue jumping 45% and data center sales nearly doubling year-over-year. CEO Lisa Su projected server revenue would double in 2027.

Novo shares jump as Wegovy pill sales impress, drugmaker hikes outlook

by News Feed Editor | Nov 8, 2026 | Stock Market

Novo Nordisk’s shares rose sharply after third-quarter results beat expectations, driven by strong Wegovy pill sales and improved guidance, though competition from rivals remains intense.

Wayfair sales jump 10% as furniture retailer says it’s winning share of sluggish market

by News Feed Editor | Nov 8, 2026 | Stock Market

Wayfair reported double-digit revenue growth in its strongest quarter since the pandemic, with U.S. sales reaching approximately $3 billion as the furniture retailer gains market share.

Uber beats on revenue, CEO tells CNBC the company is ‘investing significantly’ to add drivers

by News Feed Editor | Nov 8, 2026 | Stock Market

Uber topped revenue expectations in the third quarter with a 10% year-over-year increase, though its core ride-hailing business missed forecasts while freight operations surged 34%.

New Flutter CEO bets on FanDuel promotions to win customers as profits suffer

by News Feed Editor | Nov 8, 2026 | Stock Market

Flutter’s new CEO Dan Taylor is betting on improved products and customer promotions to drive profitability after third-quarter results missed expectations and the stock fell 60% year to date.

Pfizer hikes full-year outlook on new product growth, taps company veteran as new CFO

by News Feed Editor | Nov 7, 2026 | Stock Market

Pfizer raised its full-year revenue outlook to $62 billion to $64 billion and appointed Cecile Guegan as permanent chief financial officer, citing strong performance from newly launched and acquired products.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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