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1. Verizon lifted its annual profit and free cash flow forecasts, causing its shares to surge 3.6% in premarket trading.
2. Intel surpassed estimates for its Q3 forecasts and received several target price upgrades, driving its shares up 4.5% in premarket.
3. Oil futures plunged, with Brent down over $4 to $96.48/bbl and WTI down over $3 to $88.82/bbl.
#TradingNews #MarketUpdate #USStocks #Verizon #Intel #OilPrices #MarketAnalysis #Investing #GlobalEconomy #TechStocks

1. South Korea plans massive investments worth hundreds of trillions of won to build four chip fabs and AI data centers, supported by commitments from Samsung and SK Hynix.
2. Yuanta Funds revised its AI capital expenditure (capex) growth projections for 2026 to 88% and 2027 to 30% year-on-year, significantly exceeding previous estimates, signaling strong AI demand.
3. BT Group and Verizon have formed a 50:50 joint venture to combine their international operations, with Verizon making a $625 million equalization payment to BT.
#LatestNews #ChipInvestment #AI #SouthKorea #BTGroup #Verizon #JointVenture #AICapex #StockMarket #GlobalEconomy

1. United Airlines confirmed an approach for a potential merger with American Airlines, a move that could significantly reshape the U.S. aviation industry.
2. Qualcomm (QCOM) shares surged after an analyst revealed the company is collaborating with OpenAI to develop an AI-powered smartphone processor.
3. Verizon (VZ) raised its annual profit forecast and reported strong subscriber growth, sending its shares up 3% in premarket trading.
#MarketNews #StockMarket #Trading #MergersAndAcquisitions #TechStocks #AI #Qualcomm #Verizon #Airlines #BreakingNews