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Philip Morris International has lowered its full-year profit outlook after a $500 million writedown in Canada, citing mounting regulatory and market pressures.

HPE shares surged 25% after the company raised its guidance, signaling strong enterprise demand for AI server hardware despite broader industry concerns about supply constraints.

Victoria's Secret shares climbed 40% after a surprise earnings beat. Analysts are now assessing whether this marks a sustainable retail turnaround or a short-term correction.

Upcoming earnings reports from Palo Alto Networks and CrowdStrike will reveal if the cybersecurity sector’s 37% rally is backed by strong fundamentals or unsustainable market hype.