ADVFN US – Market Content Editor
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RWE and KKR Finalise £12 Billion Partnership for 2.8 GW UK Offshore Wind Projects
RWE and KKR (NYSE:KKR) have completed a 50:50 joint venture to develop the Vanguard West and Vanguard East offshore wind farms in the British North Sea, with a combined planned generation capacity of approximately 2.8 gigawatts (GW). The two projects represent an investment of approximately £12 billion, covering the construction of the wind farms and…
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Stellantis’ Maserati Reportedly in Talks with Huawei and JAC Motors Over Electric Vehicle Partnership
Stellantis (NYSE:STLA) could announce a partnership between its Maserati luxury car division, Huawei and Chinese automaker JAC Motors on December 10, according to Chinese media reports cited by Italian investment firm Equita. The proposed collaboration would focus on developing electric vehicles, with the first model potentially entering production in 2027. The reported agreement has not…
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Gold Prices Recover Above $4,040 as Investors Assess Federal Reserve Rate Hike Expectations
Gold prices edged higher on Wednesday, recovering part of the previous session’s losses as investors assessed the possibility of further interest-rate increases by the Federal Reserve following stronger-than-expected US inflation data and comments from central bank officials. At 04:56 GMT, spot gold rose 0.22% to $4,041.67 per ounce, while US gold futures gained 0.48% to…
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Oil Prices Rise More Than 1% as Iran Rejects Removal of Enriched Nuclear Material and Hormuz Risks Persist
Oil prices advanced on Wednesday, recovering from two-month lows after an Iranian security official said Tehran would not permit enriched nuclear material to leave the country, adding uncertainty to prospects for negotiations aimed at ending the conflict involving Iran, the United States and Israel. At 09:34 GMT, Brent crude futures rose $1.28, or 1.4%, to…
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US Stock Futures Rise as CoreWeave Earnings Support AI Shares and OpenAI Revenue Reportedly Reaches $10 Billion: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures advanced on Wednesday as stronger-than-expected quarterly results from CoreWeave (NASDAQ:CRWV) supported technology shares, while investors assessed reports of rising revenue at OpenAI (NASDAQ:OAI) and a potentially higher initial public offering valuation for Anthropic (NASDAQ:ANT). The gains came despite volatility in government bond markets following US inflation data and comments from Federal Reserve…
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Hot Inflation Data and Nvidia Slide Pull Wall Street Lower as Rate Hike Bets Build
U.S. stocks ended lower on Tuesday after a hotter-than-expected consumer price report strengthened the case for a Federal Reserve rate hike in December. Treasury yields jumped on the news, with the 10-year yield moving close to 5%, and a steep drop in Nvidia added extra pressure to the tech-heavy Nasdaq. The losses were orderly rather…
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PepGen Reports Phase 2 Myotonic Dystrophy Trial Results and $104.8 Million Cash Position
PepGen Inc. (NASDAQ:PEPG) reported third-quarter 2026 financial results alongside new Phase 2 clinical data for PGN-EDODM1, its investigational treatment for myotonic dystrophy type 1 (DM1). The biotechnology company ended September with $104.8 million in cash, cash equivalents and marketable securities, which it expects will fund operations into 2028. The company also announced results from the…
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MIND CTI Agrees to $25.4 Million Acquisition by Enghouse Systems, Reports Q3 2026 Results
MIND C.T.I. Ltd. (NASDAQ:MNDO) announced an agreement to be acquired by Enghouse Systems Ltd. (TSX:ENGH) in an all-cash transaction valued at approximately $25.4 million. The company also reported third-quarter 2026 financial results and appointed Orly Sorokin as its new Chief Executive Officer. Under the merger agreement, Enghouse will acquire all outstanding MIND CTI shares for…
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Pixelworks Signs Multi-Year Agreement with Meta to Bring TrueCut Motion Technology to VR Devices
Pixelworks, Inc. (NASDAQ:PXLW) announced a multi-year partnership and device certification agreement with Meta to bring its TrueCut Motion cinematic technology to Meta’s virtual reality devices, including the upcoming Meta VR Glasses. The agreement will enable certified Meta devices to support a growing catalogue of films, television series and immersive 3D content mastered using Pixelworks’ TrueCut…
