Daily Express of U.S. Stock Market News (Friday, September 13)
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Adobe (ADBE.O) fell nearly 9% in pre-market trading, with the company expecting fourth-quarter revenue of $5.5 billion to $5.55 billion, below expectations.
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Oracle (ORCL.N) surged over 6% in pre-market trading due to optimistic cloud revenue prospects, with the company raising its revenue outlook for fiscal year 2026.
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Boeing (BA.N) mechanics are set to strike after rejecting a labor agreement, involving 737 and 777 aircraft production facilities.
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Blackstone Group (BX.N) is reportedly considering selling Visa Facilitation Services (VFS) for $7 billion.
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Meta Platforms (META.O) CTO confirms that the company is developing glasses-shaped MR devices.
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American Airlines Group (AAL.O) reached a labor agreement with the union, leading to an immediate 20% increase in flight attendant salaries.
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Nippon Steel and United States Steel (X.N) sent a letter to President Biden on September 8 regarding a merger transaction.
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Faraday Future (FFIE.O) raised Jia Yueting's salary by over 50%, increasing his annual base salary from $450,000 to $680,000.
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Johnson & Johnson (JNJ.N) announced that the U.S. FDA has approved Tremfya (guselkumab) for the treatment of moderate to severe active ulcerative colitis in adult patients