ADVFN US – Market Content Editor
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Earnings Optimism and Chipmaker Strength Lift S&P 500 and Nasdaq to Fresh Records
U.S. stocks ground higher on Wednesday as a wave of upbeat earnings reports — headlined by blowout results from TSMC — reinforced confidence in the artificial-intelligence spending cycle and helped the major averages extend their winning runs. Progress in U.S.-Iran ceasefire negotiations continued to underpin sentiment, keeping energy prices contained and encouraging investors to add…
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Merlin Appoints High-Profile Board After Nasdaq Debut
Merlin, Inc. (NASDAQ:MRLN) has unveiled its newly formed board of directors following its public listing, bringing together senior leaders from government, aerospace, and major technology companies as it pushes ahead in autonomous flight. The aerospace and defense technology firm confirmed the board composition after completing its business combination with Inflection Point Acquisition Corp. IV and…
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Capstone Reports $46.9M Revenue and Targets Profitability in 2026
Capstone Holding Corp. (NASDAQ:CAPS) reported fiscal 2025 revenue of $46.9 million, with gross margin improving to 23.0% from 21.3% a year earlier, according to a company statement. Despite the growth, the stock trades at $0.59, down 73% over the past year, leaving the company with a market capitalization of about $5.35 million. Looking ahead, the…
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Bit Origin Shares Jump 70% on Plans to Expand Into AI Infrastructure
Bit Origin Ltd (NASDAQ:BTOG) saw its shares soar 70% on Thursday after announcing it had secured strategic financing to explore expansion into artificial intelligence infrastructure, including computing, storage, and cooling solutions. The blockchain-focused company said it plans to use the funding to assess and potentially develop opportunities in leasing, operating, and optimizing AI computing capacity.…
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Onfolio Secures $100M Equity Facility to Fund Acquisitions
Onfolio Holdings, Inc. (NASDAQ:ONFO) announced Wednesday that it has signed a $100 million equity facility agreement with an institutional investor. According to the company, the funding will be used at its discretion, primarily to support working capital needs and to pursue acquisitions of cash-generating online businesses. Part of the proceeds will also be directed toward…
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Cheetah Net to Acquire Super International Trading in $4.98M Deal
Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) said Thursday it has signed a definitive agreement to purchase 100% of Super International Trading Limited, a Hong Kong-based firm focused on large-scale industrial equipment trading. The announcement was disclosed in a filing with the Securities and Exchange Commission. Under the terms of the share purchase agreement with…
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Beyond Meat Expands Beverage Reach Through Big Geyser Distribution Deal
Beyond Meat Inc. (NASDAQ:BYND) has entered into a distribution partnership with Big Geyser to roll out its Beyond Immerse functional beverage range across more than 26,000 locations in the New York metropolitan area. The agreement marks a shift for Beyond Immerse from primarily direct-to-consumer sales into broader retail distribution. Big Geyser supplies a wide network…
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Intel Unveils Core Series 3 Mobile Chips Aimed at Value Segment
Intel (NASDAQ:INTC) has introduced its new Core Series 3 mobile processors, designed for value-focused consumers, business users, and edge computing applications. The chips are built using Intel’s 18A process technology and are manufactured in the United States. According to the company, the new processors deliver up to 47% higher single-thread performance and up to 41%…
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American Express Edges Higher After Hypercard Deal
Shares of American Express Company (NYSE:AXP) ticked up slightly after the firm announced an agreement to acquire Hypercard, a provider of AI-driven expense management solutions. Hyper develops artificial intelligence tools that automate tasks such as expense categorization, policy compliance checks, and deadline reminders. The acquisition aligns with American Express’s broader push to embed AI capabilities…
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Nuclear Stocks Climb After White House Unveils Space Power Initiative
Nuclear energy stocks moved higher on Thursday following the release of a new U.S. policy aimed at deploying nuclear reactors in space, including in Earth orbit and on the Moon. Shares of Oklo (NYSE:OKLO) and NuScale (NYSE:SMR) rose sharply in premarket trading, gaining nearly 8% and 10% respectively as of 05:38 ET. Nano Nuclear Energy…