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Wednesday's First Moves: XYZ Earnings Rally, MCD Mixed, SWKS Guidance Misses

Dela

Block (XYZ) leaning more into AI is having a positive impact on earnings, as Diane King Hall points to the metric giving the company an edge in Wednesday's early trading action. A slide in comp. sales led to a miss on revenue, though the stock gained in the minutes after the opening bell. Diane then turns to Skyworks Solutions (SWKS) and its selloff focused on weakness in its guidance.


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