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Australia's Ramsay Health Care hits 3-month peak as Morningstar flags growth upside
*Shares of Ramsay Health Care RHC.AX rise as much as 4.7% to A$37.65, their highest level since August 27Morningstar holds firm on its A$54 fair value estimate for Ramsay, calling the stock undervalued as profitability improves from better theatre utilisation, easing wage strain pressures, othersRam...Reuters
Wed, Nov 26
POLL-S&P 500 to rise another 12% by end of 2026, extending strong run
cpurl://apps.cp./cms/?pageId=stock-index-poll poll dataBy Caroline Valetkevitch NEW YORK, Nov 26 (Reuters) - The benchmark S&P 500 U.S. stock index is forecast to rise about 12% between now and the end of next year, propelled by a still-healthy economy, strength in technology-related companie...Reuters
Wed, Nov 26
Workday posts lukewarm quarterly subscription revenue, shares fall
Nov 25 (Reuters) - Workday WDAY.O reported third-quarter subscription revenue in line with Wall Street estimates on Tuesday, signaling softer demand and sending its shares down nearly 7% in extended trading.The human resources software provider's fourth-quarter subscription revenue forecast was ...Reuters
Tue, Nov 25
Urban Outfitters soars on upbeat quarterly sales
Shares of apparel retailer Urban Outfitters URBN.O up 17.1% at $80.01 after the bellCo reports 12.3% rise in Q3 net sales to $1.53 billion vs estimates of $1.47 billion- - data compiled by LSEGSales beat helped by strong demand at Urban Outfitters, Anthropologie and Free People brandsQ3 EPS of $1.28...Reuters
Tue, Nov 25
Home Control (1747.HK) Launches Home Healthcare Ecosystem with Promising Growth Prospects
Home Control (1747.HK) Launches Home Healthcare Ecosystem with Promising Growth ProspectsHome Control has recently disclosed its blueprint for building a home healthcare ecosystem, strategically focusing on the development of AIoT-enabled home healthcare platforms, ecosystems and relevant products. Set to launch in 2026 at the earliest, it will deliver the first full prototype of a personal health agent, as well as helping to track the health status of the user and realizing the user's digital twin (also known as virtual replica)! This is the first time for the Company to reveal its development blueprint in details and milestones, for which the Company has raised a further HK$108 million, demonstrating its determination to rapidly expand its home healthcare business. Home Control is building an AI-driven home healthcare ecosystem, and aims to realize the first step of integration of hardware, software, data and services within the next year, sparking market anticipation for future growth prospects. Internationalised Management Team unveils a new brand for healthcare management, targeting the tremendous opportunities of home healthcare marketOriginated from Philips, the core operation team of Home Control is highly internationalised and has accumulated over 30 years of experience in intelligent control and IoT technology, serving more than 300 global customers, with markets in more than 40 countries and regions. It has dual research and development centers in Singapore and China, and established production bases in China, Brazil, India and Cambodia. With the management’s internationalised perspectives and robust execution capabilities, it significantly empowers the Company’s strategic entry into the blue ocean market of home healthcare, instilling confidence in the market. The Company is also leveraging its decades of experience surrounding the IoT technology within the smart home control sector, where the Company is integrating AI technologies to empower the development of home medical care platforms, ecosystems, and healthcare management products.In September, the Company incorporated a subsidiary, Orbiva Limited, to expand its broader healthcare business. 70% of the proceeds from the placing, which is expected to be utilized by August 30, 2026, will be used for healthcare-related research and development, including the development of AIoT technology centered on personal health agent and personal healthcare management products. This includes wearable monitoring devices, digital interactive health gadgets, integrated control hub, and other devices.Key focus: Developing a Personal Health Agent to capture a billion-dollarmarket globallyNotably, the majority of the new funds will be invested in building the first full prototype of the personal health agent and integrate user interaction, real-time monitoring and carrying out personalised coaching functions. The strategic investment aligns with the global trend in the healthcare sector. Market data indicates that the COVID pandemic has led to an increased demand for healthcare services, while previous restrictions on travelling fostered the application of AI voice agents. It is projected that by 2025, the global healthcare AI voice agent market will reach US$653.7 million and by 2032, it is expected to reach US$6.79 billion, with a compound annual growth rate of 39.7% during the forecast period. Home Control's ongoing development of AI health agent is more comprehensive, combining users' demand for home medical care with the integration of medical devices to deliver personalized services. According to market analysis, the market size for AI applications in healthcare is estimated to reach as high as US$67.7 billion by 2025, with a compound annual growth rate surpassing 45.3% by 2037, potentially exceeding US$6.4 trillion. The Asia-Pacific region is expected to contribute approximately US$2.5 trillion to this growth.It is not difficult to understand that the Company is currently constructing hardware support and core software technologies, which will manifest in the Company's development roadmap over the next year. Furthermore, the Company will connect with experts and partners in various fields to effectively implement home healthcare ecosystems in target markets and the public. Seeking strategic partnership opportunities to strengthen the ecosystem of hardware and software Analysing further, 20% of the proceeds from the placement will be used to support the implementation and operation of the Company’s healthcare-related businesses, including industry research, strategic collaborations with industry and cross-industry partners to support the optimization of procurement, manufacturing, production, branding, marketing and distribution channels. Starting with “Home Health” as an entry point, the Company combines AIoT technology, medical resources and innovative service models to develop a health management ecosystem centered on data and connectivity, launching home health solutions and a one-stop AIoT health data platform, with the vision of “Connecting Families, Serving Health”. This indicates that the platform constructed by the Company requires more strategic partners to provide assistance in terms of technology and resources. These strategic partnership initiatives are expected to advance by November 30, 2026.In the earlier days, Orbiva Limited, the recently established subsidiary of the Company, has been actively nurturing innovative technologies that can be strategically integrated into the development plan, such as AI and Web3 technology. On the supply chain front, the Company maintains close collaboration with industry-leading hardware vendors. In terms of ecosystem construction, the Company will start close communication with financial technology organizations on innovative models to provide solid support for the platform ecosystem.Monitoring Home Control's Execution Capabilities; AIoT-Empowered Ecosystem Drives the Valuation in 2026Since the beginning of the year, the stock price of Home Control has surged significantly, attracting widespread market attention. This is mainly attributed to its expansion beyond its original business in smart home IoT business and its entry into the broader market of home healthcare segment, along with the addition of several directors boasting extensive industry resources. In over thirty years, the Company focused on the research and development, and manufacturing of smart remote control solutions and connectivity technologies, serving the world's leading TV, telecom and smart home brand customers, while continuously exploring new business fields. By the first half of 2025, healthcare solutions became the Company's second-largest revenue-contributing segment, accounting for nearly 20% of revenue. In the Company’s 2025 interim report, the Company highlighted the goal of building a smart healthcare platform powered by cutting-edge AI and blockchain technologies, which will seamlessly integrate various smart devices and apply them to various home healthcare scenarios, becoming a transformative growth engine for the Company's business and organization.The placing is expected to raise approximately HK$108 million, representing approximately 5.31% of the issued share capital of the Company, which has no material impact on the overall shareholding structure. The proceeds will help strengthen the Company's liquidity and financial position, broaden the shareholder base, optimize the Company's capital structure, and continue to build an AIoT-enabled home healthcare ecosystem. The capital market generally holds high expectations for healthcare sector, citing it as an essential societal need. Additionally, innovative technologies, diverse national policies, and the industry's relative immunity to U.S. tariff policies serve as significant drivers for the industry. This year, major healthcare-related stocks in the local market have shown overall price increases, making their valuations appealing. In the future, Home Control's strategic development is poised to be a key driver for the Company's valuation growth.26/11/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comView original content: EQS NewsEQS
Tue, Nov 25
Post-Bell | Dow Rallies 660 Points While S&P Gains Nearly 1%; Alphabet, Apple, and Lilly Hit Record Highs; Nvidia Dips 2.6% While AMD Sinks over 4%; Meta Jumps Nearly 4%
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq's gains.Market SnapshotThe Dow Jones Industrial Aver...Tiger News
Tue, Nov 25
Dell bets on rising AI server demand to forecast higher growth
By Jaspreet Singh Nov 25 (Reuters) - Dell DELL.N forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments in data centers to support artificial intelligence boost demand for its servers, sending its shares up 4% in extended trading. The company ...Reuters
Tue, Nov 25
Zscaler tops quarterly estimates on strong cybersecurity demand
Nov 25 (Reuters) - Zscaler ZS.O beat Wall Street estimates for quarterly revenue and profit on Thursday, driven by strong demand for its cloud and artificial intelligence security solutions.Enterprise spending on cyber protection solutions has increased as digital threats have gotten more sophistica...Reuters
Tue, Nov 25
Earnings Movers | Dell Rises 4% on Strong AI Server Outlook; Autodesk Jumps 6% on Better-Than-Expected Q3 Results; Urban Outfitters Rally 16%
Dell Stock Rises on Strong AI Server OutlookDell reported better-than-expected earnings results. Its shares were rising 4% in after-hours trading after the company raised its AI server guidance.For the October quarter, the technology company reported earnings per share of $2.59, compared with Wall S...Tiger News
Tue, Nov 25
Nvidia Says Its GPUs Are a "Generation Ahead" of Google's AI Chips
Nvidia on Tuesday said its tech remains a generation ahead of the industry, in response to Wall Street’s concerns that the company’s dominance of AI infrastructure could be threatened by Google’s AI chips.“We’re delighted by Google’s success — they’ve made great advances in AI and we continue to sup...Tiger News
Tue, Nov 25
Zscaler drops after Q1 results, brokerage says forecast raise less than revenue beat
Shares of cloud security firm Zscaler ZS.O down 7.5% at $267.97 after the bellZS posts Q1 revenue of $788.1 mln, beating estimates of $773.8 mln; adjusted EPS of 96 cents also came above estimates of 86 cents - LSEGHowever, co's annual forecast raise was less than the Q1 revenue beat, RBC analy...Reuters
Tue, Nov 25
Trump not considering a straight, two-year Obamacare subsidy extension, White House says
WASHINGTON, Nov 25 (Reuters) - U.S. President Donald Trump is not considering a "straight, two-year" extension of Obamacare subsidies, the White House said Tuesday.The Trump administration was preparing a health-policy framework that would extend Affordable Care Act (ACA) insurance premium s...Reuters
Tue, Nov 25
Centene, Oscar Health fall after White House says Trump is not considering a straight, two-year Obamacare subsidy extension
Shares of health insurer Centene Corp CNC.N fall 1.8% to $38.92, while Oscar Health OSCR.N slips 3.7% to $16.11 in after-market tradingThe White House says U.S. President Donald Trump is not considering a "straight, two-year" extension of Obamacare subsidiesPolitico reported on Monday that t...Reuters
Tue, Nov 25
TRADING DAY-Fed optimism, Thanksgiving week
By Alden Bentley NEW YORK, Nov 25 (Reuters) - Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what anim...Reuters
Tue, Nov 25
NetApp rises as quarterly results beat estimates
Shares of data storage company NetApp NTAP.O up 4.6% at $116.60 after the bellNTAP posts adjusted Q2 profit of $2.05 per share, vs analysts' average estimates of $1.89, according to LSEG data, as it benefited from strong demand for high-capacity data storageRevenue for the quarter was $1.71 bill...Reuters
Tue, Nov 25
Autodesk gains on 2026 revenue, profit forecast raise
Shares of design software company Autodesk ADSK.O rise 5.2% to $309.70 after the bellCo raises 2026 adj profit per share forecast to be between $10.18 and $10.25 from previous range of $9.80 and $9.98Lifts annual revenue forecast to between $7.15 bln and $7.17 bln vs $7.03 bln and $7.08 bln earlier&...Reuters
Tue, Nov 25
HP falls on dour profit forecasts; announces layoffs
Shares of PC maker HP HPQ.N down ~5% at $23.12 after the bellCo expects fiscal 2026 adjusted EPS between $2.90 and $3.20, below analysts' estimates of $3.33 - data compiled by LSEGFor Q1, it projects adjusted EPS between 73 cents and 81 cents, largely below estimates of 79 centsHowever, Q4 reven...Reuters
Tue, Nov 25
Autodesk projects quarterly results above estimates on cloud subscription, AI design tools demand
Nov 25 (Reuters) - Design software maker Autodesk ADSK.O forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, supported by steady subscription renewals and growing demand for its cloud-based design tools.Shares of the San Francisco-based company rose more than 5% in ext...Reuters
Tue, Nov 25
TRADING DAY-Fed optimism, Thanksgiving week
By Alden Bentley NEW YORK, Nov 25 (Reuters) - Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what anim...Reuters
Tue, Nov 25
HP to cut about 6,000 jobs by 2028, ramps up AI efforts
By Juby Babu Nov 25 (Reuters) - HP Inc HPQ.N said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity.Sh...Reuters
Tue, Nov 25
