ADVFN US – Market Content Editor
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Meta Shares Rally After Report Suggests Major Cutbacks to Metaverse Division
Meta Platforms (NASDAQ:META) jumped more than 6% in early trading Thursday after a Bloomberg News report revealed that CEO Mark Zuckerberg is preparing to sharply scale back spending on the company’s metaverse initiatives. The report said Meta leadership has discussed reducing the metaverse division’s budget by as much as 30% in 2026. The group includes…
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Figure Technology Solutions Shares Jump After Company Launches RWA Consortium on Solana
Figure Technology Solutions Ltd. (NASDAQ:FIGR) surged 5.1% on Thursday after unveiling a new real-world asset (RWA) consortium aimed at expanding access to more than $1 billion in monthly on-chain loan originations, beginning on the Solana blockchain. The consortium brings together leading crypto and DeFi platforms in a coordinated effort to promote the adoption of PRIME—a…
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Robin Energy Shares Rally as Company Secures High-Value LPG Charter Contracts
Robin Energy Ltd. (NASDAQ:RBNE) surged 5.5% on Thursday after announcing a series of lucrative multi-period charter agreements for its LPG fleet along with strong recent results from its tanker operations. The international shipping company reported that both of its LPG carriers are currently employed under time-charter contracts at highly favorable rates. The M/T Dream Terrax…
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Kroger Shares Slip After Revenue Falls Short on Weaker Spending From Low-Income Shoppers
Kroger (NYSE:KR) traded 1.8% lower in premarket action Thursday after reporting third-quarter revenue that missed Wall Street expectations, weighed down by softer spending from lower-income customers and intensifying competition from major retailers. Revenue grew to $33.9 billion but fell short of the $34.28 billion analysts had projected. The company said many shoppers continued to scale…
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Hims & Hers Health Shares Gain Following Company’s Expansion Into Canada
Hims & Hers Health (NYSE:HIMS) saw its stock rise 3.6% on Thursday after unveiling its official launch into the Canadian market—a major milestone in the company’s international expansion roadmap. The move comes shortly after Hims & Hers acquired Livewell, a Canadian digital health provider focused on weight-loss treatments. The acquisition sets the stage for the…
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Sidus Space Shares Climb After Company Joins NASA SBIR Space-Debris Tracking Project
Sidus Space Inc. (NASDAQ:SIDU) saw its stock rise 5.3% on Thursday after announcing it has been selected as a subcontractor for a NASA Small Business Innovation Research (SBIR) initiative aimed at improving the monitoring of orbital debris. The Cape Canaveral–based aerospace and defense company will assist MobLobSpace, Inc. in a six-month design study to integrate…
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Vivakor Shares Edge Higher After Company Signs Its First International Fuel Agreement
Vivakor Inc. (NASDAQ:VIVK) saw its stock rise 2% on Thursday after announcing its first-ever international fuel transaction, marking the company’s entry into the Mexican refined products market. The deal was arranged through Vivakor’s Vivakor Supply & Trading (VST) platform and represents the firm’s initial step into cross-border refined fuel markets. Until now, Vivakor had primarily…
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Massimo Group Shares Drop Sharply as New Robotics Unit Sparks Investor Unease
Massimo Group (NASDAQ:MAMO) saw its stock plunge 17.1% in premarket trading Thursday after announcing the creation of a dedicated robotics division—news that appeared to raise doubts among investors about the company’s strategic trajectory. The powersports and electric vehicle manufacturer said it has launched Massimo AI Technology, Inc., a wholly owned subsidiary aimed at developing robotic…
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Skycorp Solar Shares Advance After Company Launches $2 Million Buyback Program
Skycorp Solar Group Limited (NASDAQ:PN) saw its shares rise 3.7% in premarket trading Thursday after announcing plans to repurchase up to $2 million worth of its stock. The company, a producer and seller of solar cables and connectors, has already bought back 60,000 shares for approximately $51,972 under the newly launched program. Skycorp said the…
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Aclarion Shares Move Higher After Nociscan Highlighted in Spine Surgery Journal
Aclarion Inc. (NASDAQ:ACON) saw its stock rise 6.3% in premarket trading Thursday after announcing that its Nociscan technology will be featured in the Special Pain Issue of the International Journal of Spine Surgery (IJSS). The health tech company, which leverages biomarkers and AI-driven analysis to help clinicians pinpoint the source of chronic low back pain,…