ADVFN US – Market Content Editor
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U.S. Wholesale Inventories Increase Less Than Forecast as Businesses Keep Stock Levels in Check
Wholesale inventories in the United States edged higher in the latest reporting period, but the increase fell short of expectations, suggesting businesses remain cautious about inventory management. The total value of goods held by wholesalers rose 0.1%, below economists’ forecasts for a 0.3% increase. The latest reading also represented a slowdown from the previous month’s…
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Supermicro Shares Gain Following Launch of Kubernetes Edge AI Appliance (SMCI)
Super Micro Computer (NASDAQ:SMCI) shares rose 2.6% on Wednesday after the company introduced a new Kubernetes Edge AI appliance developed in partnership with Red Hat and Everpure. The new offering is a fully integrated edge Kubernetes platform powered by Red Hat OpenShift and the Portworx by Everpure data management solution. Supermicro said the turnkey appliance…
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AeroVironment Shares Rise After Unveiling Long-Term Growth Targets at Investor Day (AVAV)
AeroVironment (NASDAQ:AVAV) shares climbed 7% on Wednesday morning after the defence technology company released presentation materials ahead of its investor day, outlining ambitious financial and operational targets through fiscal 2030. The company said it is targeting organic revenue growth of between 15% and 20% by fiscal 2030, while aiming to lift adjusted EBITDA margins to…
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Beazer Homes Shares Jump After Dream Finders Raises Takeover Offer (BZH)
Beazer Homes USA, Inc. (NYSE:BZH) shares climbed 14% on Wednesday after Dream Finders Homes (NYSE:DFH) increased its all-cash acquisition proposal to $32.00 per share. The revised offer follows Beazer’s rejection of Dream Finders’ previous $29.25-per-share bid on June 29, 2026, with the homebuilder stating that the proposal materially undervalued the business. Beazer told Dream Finders…
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Target Shares Rise as Analysts Highlight Improving Store Performance and Retail Strategy (TGT)
Target Corporation (NYSE:TGT) shares gained 2.8% on Wednesday after positive analyst commentary pointed to stronger store traffic, improved merchandising and new in-store retail concepts. Oppenheimer analyst Rupesh Parikh encouraged investors to “take advantage of the recent pullback” following a series of store visits across major U.S. markets, including Target’s flagship location in Edina, Minnesota. According…
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Cloudflare and OpenAI Partner on AI Web Indexing Research Pilot (NET)
Cloudflare, Inc. (NYSE:NET) and OpenAI (NASDAQ:OAI) have launched a research pilot to evaluate whether network-level data from Cloudflare’s global infrastructure can improve how AI-powered search engines crawl and index web content. The project will combine real-time signals from Cloudflare’s network—including content freshness, page update activity and traffic quality—with OpenAI’s search technology to assess whether these…
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Sunrun Shares Gain After Launching Distributed AI Data Centre Pilot (RUN)
Sunrun (NASDAQ:RUN) shares rose 3% on Wednesday after the company unveiled a pilot programme designed to turn its network of residential solar and battery customers into a distributed computing platform for artificial intelligence. The San Francisco-based energy company, which operates around 1.1 million home solar and battery storage systems, has begun testing compute nodes installed…
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IQM Selected to Supply Quantum Computer for Finland’s LUMI AI Factory (IQMX)
IQM Quantum Computers (Nasdaq:IQMX) has secured a contract with the LUMI AI Factory, led by CSC – IT Center for Science, to deliver a next-generation quantum computer that will be installed at CSC’s facility in Finland. The system, known as LUMI-IQ, is expected to be delivered in 2027 and will feature a 150-qubit quantum processing…
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Kodiak Gas Shares Climb After Securing Baker Hughes Power Supply Agreement (KGS)
Kodiak Gas Services (NYSE:KGS) shares gained 4% on Wednesday morning after the company announced a long-term strategic partnership with Baker Hughes (NASDAQ:BKR) to provide gas-powered electricity generation for the expanding U.S. data centre market. The multi-year agreement creates a framework for deploying up to 1.8 GW of power generation capacity. As part of the initial…
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Navitas Semiconductor Shares Drop After Wolfspeed Files Patent Infringement Lawsuit (NVTS)
Navitas Semiconductor (NASDAQ:NVTS) shares fell 7% on Wednesday morning after Wolfspeed (NYSE:WOLF) filed a patent infringement lawsuit against the company in the U.S. District Court for the District of Delaware. According to the complaint, Wolfspeed alleges that a wide range of Navitas products infringes several of its patents, including U.S. Patent Nos. 8,169,005, 10,998,418, 10,886,396,…