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Deckers Outdoor, the maker of Ugg and Hoka, saw a 14% increase in its stock price following a strong earnings report. The company posted earnings of $1.59 per share, surpassing analyst expectations. Revenue also exceeded estimates, coming in at $1.31 billion. Digital Realty Trust experienced an 11% surge in its stock price after reporting record lease bookings for the third quarter and raising its full-year revenue forecast. Tapestry’s shares rose by 13%, while Capri’s plummeted by 47% after a federal judge blocked Tapestry’s acquisition of Capri. Capital One saw a 4% rally in its stock price on the back of better-than-expected third-quarter results. L3Harris Technologies advanced more than 4% after beating Wall Street estimates in the third quarter and raising its earnings guidance for the full year. ResMed gained over 5% following a strong fiscal first-quarter performance. DexCom’s stock price fell by nearly 8% despite surpassing third-quarter estimates. Skechers added almost 8% after raising its full-year earnings forecast. Western Digital saw a more than 12% increase in its stock price despite posting mixed fiscal first-quarter results. Joby Aviation’s stock price dropped by over 15% after filing for a $200 million common stock offering. Olin’s stock slipped by 9% after reporting a wider-than-expected third-quarter loss. Colgate-Palmolive was roughly 2% lower despite exceeding analyst estimates in the third quarter. Centene’s stock price rose by more than 14% after surpassing Wall Street estimates for the third quarter and maintaining its full-year profit forecast.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.