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Apple, Estee Lauder and other big companies deliver fatter profits than expected.
Apple reported higher-than-expected profit and revenue for the latest quarter, boosting its stock 3.3%.
KEY POINTS
- Estee Lauder beat earnings forecasts, partly due to strong results in China, and raised some guidance.
- Colgate-Palmolive posted better-than-expected results but forecasts ongoing volatility and slower growth in 2026.
- Brent crude oil remains up 11% for the week, driven by concerns over prolonged Strait of Hormuz closure.
COMPANIES
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