ADVFN US – Market Content Editor
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Rising Oil Prices Could Keep Pressure on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures indicate a weaker opening for markets on Friday, suggesting equities may continue to fall after the sharp losses recorded in the previous session. A renewed surge in crude oil prices is expected to weigh on investor sentiment, with global benchmark Brent crude climbing back above $110 per barrel after jumping more…
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SBC Medical tops Q4 profit estimates despite revenue shortfall
SBC Medical Group Holdings Incorporated (NASDAQ:SBC) reported fourth-quarter results on Friday that exceeded earnings forecasts, although revenue came in below analysts’ expectations. Shares of the medical services company rose 0.26% in pre-market trading following the announcement. For the quarter ended December 31, 2025, SBC Medical posted adjusted earnings per share of $0.14, surpassing the consensus…
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Nortech Systems returns to profit in Q4, surpassing estimates
Nortech Systems Incorporated (NASDAQ:NSYS) reported fourth-quarter earnings of $0.31 per share on Thursday, reversing a loss of -$0.54 per share recorded in the same period a year earlier. Quarterly revenue came in at $30.3 million, representing a 5.9% increase from $28.6 million in the fourth quarter of 2024. Following the announcement, the company’s shares rose…
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P3 Health Partners shares drop more than 6% after weak outlook despite Q4 results beat
P3 Health Partners Inc. (NASDAQ:PIII) shares fell more than 6% in after-hours trading on Thursday after the company issued guidance that pointed to an uncertain path to profitability, even though its fourth-quarter revenue came in line with expectations. The physician-led population health management group reported fourth-quarter revenue of $384.8 million, representing a 4% increase from…
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Oracle secures 116,000 square feet of office space in Nashville
Oracle Corp. (NYSE:ORCL) has entered into a lease agreement for 116,000 square feet of office space at 1320 Adams Street in Nashville’s Neuhoff District, the company said in a statement. With the new lease, Oracle’s office capacity in Nashville will expand to roughly 2,000 seats spread across three sites in the city. The added space…
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Novartis agrees to acquire U.S. biotech company Excellergy in deal worth up to $2 billion
Swiss pharmaceutical group Novartis (NYSE:NVS) announced on Friday that it has reached an agreement to acquire California-based biotechnology company Excellergy in a transaction valued at up to $2 billion. Under the terms of the deal, Novartis will make payments totaling as much as $2 billion, including upfront consideration and additional milestone-based payments. The acquisition is…
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Faraday Future supplies robots to dealership, showcases technology at student STEM event
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) has delivered two robots—a Master robot and an Aegis robot—to New PBB Auto Inc., an automotive dealership based in Los Angeles, the company said in a statement. The machines are expected to assist with reception and customer-facing duties inside the dealership’s showroom. The delivery follows a binding business-to-business deposit…
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Brown-Forman and Pernod Ricard acknowledge discussions over possible merger
U.S. whiskey producer Brown-Forman (NYSE:BF.A) and French spirits group Pernod Ricard (EU:RI) said on Thursday that they are in talks about a potential combination structured as a “merger of equals.” In separate statements, the companies confirmed earlier media reports that negotiations between the two drinks makers are underway. “If agreed to and subject to customary…
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Oil slips, heading for weekly decline as hopes grow for Middle East de-escalation
Oil prices moved slightly lower during Asian trading on Friday and were on track for weekly losses, as expectations of easing tensions in the Middle East reduced the geopolitical risk premium that had supported the market in recent days. As of 20:46 ET (00:46 GMT), Brent crude futures for May delivery fell 0.5% to $107.50…
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Gold climbs as Trump points to progress in Iran talks, though metal heads for weekly drop
Gold prices jumped more than 2% during Asian trading on Friday, helped by a slightly weaker U.S. dollar and signs of easing geopolitical tensions after Donald Trump indicated that negotiations with Iran were advancing. Spot gold rose 2.1% to $4,467.32 per ounce as of 02:41 ET (06:41 GMT), while U.S. gold futures increased 1.1% to…