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stock market update gains for shares amid mixed economic signals

Shares are on track for four consecutive days of gains, recovering from early December's highs. The Dow Jones fluctuated as Nvidia's stock fell over 5% despite new AI initiatives, while Uber rose 1.3% following a partnership announcement with Nvidia. Unifirst surged 28% after a $5.1 billion takeover offer from Cintas, and Roku, Ulta Beauty, and Snowflake also saw notable stock movements.

Ulta Beauty Surpasses Earnings Expectations and Raises Full-Year Outlook

Ulta Beauty exceeded fiscal third-quarter earnings expectations, reporting $5.14 per share against the anticipated $4.54, and revenue of $2.53 billion, surpassing the $2.50 billion forecast. The retailer raised its full-year sales outlook to $11.1-$11.2 billion and earnings to $23.20-$23.75 per share, despite earlier concerns about cooling demand and increased competition. Shares rose approximately 10% in after-hours trading, although the stock is down about 19% year-to-date.
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