ADVFN US – Market Content Editor

DeFi Technologies Inc. (NASDAQ:DEFT) said its subsidiary Valour Inc. has appointed Jacob Lindberg as Chief Revenue Officer, as the digital asset manager pushes to expand its presence across the Nordic region and broader European markets. Lindberg will lead Valour’s commercial strategy and revenue growth, focusing on expanding distribution of the company’s digital asset exchange-traded products…

Intel (NASDAQ:INTC) announced it will spend $14.2 billion to repurchase the 49% stake it previously sold to Apollo Global Management in its semiconductor manufacturing facility in Ireland, restoring full ownership of the plant as its financial position improves and demand for chips rises with the growth of artificial intelligence. Shares of Intel climbed about 6%…

Cyclerion Therapeutics (NASDAQ:CYCN) announced it has signed a definitive merger agreement with privately held Korsana Biosciences in an all-stock transaction, according to a company press release. The announcement comes as Cyclerion shares trade around $1.55, giving the company a market capitalization of roughly $5.9 million, with the stock down 4.3% over the past week. Following…

RenX Enterprises Corp. (NASDAQ:RENX) generated $8.2 million in revenue during the seven months following its June 2 acquisition of an organic waste processing business, surpassing its previous guidance of $7.0 million by 17%, according to a company press release. For the fiscal year ended December 31, 2025, the company reported a net loss of $15.9…

NIO Inc. (NYSE:NIO) announced that it delivered 35,486 vehicles in March 2026, representing a 136% increase compared with the same month last year, according to a company statement. The March total included 22,490 vehicles under the NIO brand, along with 6,877 units from the ONVO brand and 6,119 vehicles from the FIREFLY brand. During the…

In a significant regulatory move, the UK’s National Institute for Health and Care Excellence (NICE) has recommended the use of Novo Nordisk’s (NYSE:NVO) Wegovy to help prevent major cardiovascular events, including heart attacks and strokes. The guidance applies to adults who are living with obesity or who are overweight, and marks the first time a…

RYTHM, Inc. (NASDAQ:RYM) saw its shares climb 23% after announcing changes to its trademark and recipe licensing agreements with an indirect wholly owned subsidiary of Green Thumb Industries Inc. The updated agreements cover several of the company’s brand assets, including RYTHM, incredibles, Beboe, Dogwalkers, Doctor Solomon’s, &Shine, and Good Green. Beginning April 1, 2026, Green…

Janux Therapeutics, Inc. (NASDAQ:JANX) has received a $35 million milestone payment from Bristol Myers Squibb (NYSE:BMY) after the partners identified a development candidate under their ongoing collaboration, the company announced in a statement. The milestone was triggered by the nomination of a tumor-activated therapeutic discovered using Janux’s TRACTr platform. The candidate is designed to target…

Uber (NYSE:UBER) is reportedly assessing the possibility of acquiring a controlling stake in Kakao Mobility, according to a report by Seoul Economic Daily. The ride-hailing giant has recently communicated its interest in purchasing shares from major investors in Kakao Mobility and has begun conducting due diligence as part of the evaluation process, the report said.…

Shake Shack Inc. (NYSE:SHAK) has introduced Project Catalyst, a new technology initiative aimed at supporting the company’s long-term goal of expanding to 1,500 company-operated restaurants. The program will modernize the chain’s point-of-sale and kitchen display systems through a collaboration with Qu, a cloud-native commerce platform. These upgraded systems are intended to improve order accuracy while…