ADVFN US – Market Content Editor
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Wall Street Extends Rally as AI Mega-Deal and Chip Strength Offset Ceasefire Jitters
U.S. stocks posted a second straight day of gains on Thursday, though at a far more measured pace than Wednesday’s blockbuster rally. Investors continued to ride the wave of optimism from the U.S.-Iran ceasefire, but fresh doubts about the agreement’s durability kept a lid on the advance. The session’s real energy came from the technology…
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C4 Therapeutics shares jump on expanded oncology collaboration with Roche
C4 Therapeutics (NASDAQ:CCCC) shares climbed about 10% after the company announced a broadened partnership with Roche (SIX:RO, ROP; OTCQX:RHHBY) to develop degrader-antibody conjugates targeting cancer. Under the terms of the agreement, C4 Therapeutics will receive an upfront payment of $20 million and could earn more than $1 billion in potential milestone payments tied to discovery,…
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Neogen tops estimates as food safety segment drives growth
Neogen Corp. (NASDAQ:NEOG) reported third-quarter results on Thursday that came in ahead of analyst forecasts, supported by strong performance in its food safety business. Shares of the company rose 1.16% in premarket trading following the announcement. The food safety and animal health company posted adjusted earnings per share of $0.09, surpassing the consensus estimate of…
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Chevron confirms oil discovery at Bandit prospect in Gulf of America
Chevron Corporation (NYSE:CVX) said it has confirmed an oil discovery at the Bandit prospect in the Gulf of America, according to a company statement. The exploration well is located in Green Canyon Block 680, roughly 125 miles south of the Louisiana coastline. The well encountered oil-bearing Miocene sand formations. Occidental Petroleum operates the project with…
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Polestar posts record Q1 retail sales of 13,126 vehicles, up 7% year-over-year
Polestar (NASDAQ:PSNY) reported first-quarter 2026 retail sales of 13,126 vehicles, representing a 7% increase compared with the same period in 2025, the company said in a statement. The Swedish electric vehicle maker said the result marked its strongest first-quarter retail sales performance to date. In the first quarter of 2025, Polestar delivered 12,263 vehicles. During…
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PMGC Holdings shares jump after subsidiary secures new defense supply contract
PMGC Holdings (NASDAQ:ELAB) shares climbed 14% on Wednesday after its subsidiary AGA Precision Systems announced a new long-term supply agreement with a Tier 1 aerospace and defense customer. The contract represents AGA’s second long-term deal with an aerospace and defense partner in 2026, following a similar agreement signed with Turbo-Jet Products Co. on March 31.…
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Infleqtion delivers upgraded quantum hardware to the International Space Station
Infleqtion Inc. (NYSE:INFQ) is sending enhanced quantum hardware to the International Space Station as part of NASA’s Northrop Grumman-24 cargo mission. The company developed the upgraded physics package for the Cold Atom Laboratory in partnership with NASA’s Jet Propulsion Laboratory. According to the company, the improved system is intended to achieve record numbers of atoms…
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Centuri wins $345 million in new utility infrastructure contracts
Centuri Holdings Inc. (NYSE:CTRI) said it has secured more than $345 million in new commercial contract awards for utility and energy infrastructure services across the United States. The newly awarded work includes projects involving both natural gas and electric infrastructure. According to the company, around 70% of the total contract value comes from new projects…
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Oracle unveils AI-driven HR applications with automated decision capabilities
Oracle Corp. (NYSE:ORCL) announced a new set of artificial intelligence-powered enterprise tools called Fusion Agentic Applications for HR, designed to automate human resources functions using coordinated AI agents. The launch was revealed during the Oracle AI World Tour event in New York. The applications are embedded within Oracle Fusion Cloud Applications and are designed to…
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NANO Nuclear secures DOE GAIN voucher for KRONOS reactor project
NANO Nuclear Energy Inc. (NASDAQ:NNE) announced it has received a Gateway for Accelerated Innovations in Nuclear (GAIN) Voucher from the U.S. Department of Energy to support development of its KRONOS MMR™ Energy System. The award, identified as voucher NE-26-38854, will fund a collaboration with Oak Ridge National Laboratory (ORNL) aimed at creating an uncertainty quantification…