ADVFN US – Market Content Editor
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Paramount forecasts $69B revenue in FY2026 following Warner Bros. Discovery merger
Paramount (NASDAQ:PSKY) said it expects the combined company formed through its merger with Warner Bros. Discovery (NASDAQ:WBD) to generate approximately $69 billion in pro forma revenue for fiscal year 2026. According to projections released Monday, the merged media group is targeting adjusted EBITDA of about $18 billion and anticipates realizing roughly $6 billion in synergies…
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NextDecade shares jump as company details LNG production schedule and expansion strategy
NextDecade Corporation (NASDAQ:NEXT) shares surged about 11% to $5.97 in premarket trading on Monday after the liquefied natural gas developer provided an update on its expected production timeline and future expansion plans. Chief Executive Officer Matt Schatzman said the company is targeting first LNG output from Train 1 at its Rio Grande LNG project during…
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Intellia Therapeutics shares climb after FDA removes clinical hold on gene therapy trial
Intellia Therapeutics (NASDAQ:NTLA) shares gained 4.8% to $14.44 in premarket trading on Monday after the company announced that the U.S. Food and Drug Administration had lifted a clinical hold affecting a late-stage study of its experimental gene-editing therapy for heart disease. The regulator had previously halted two pivotal trials of nexiguran ziclumeran last year following…
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Zoetis shares slip after announcing $160M acquisition of Neogen genomics unit
Shares of Zoetis Inc (NYSE:ZTS) edged 1.1% lower to $129.72 in premarket trading on Monday after the animal health company revealed plans to acquire the animal genomics division of Neogen Corporation (NASDAQ:NEOG) in a deal valued at $160 million. The transaction will give Zoetis access to Neogen’s genetic testing capabilities and data analytics platforms, which…
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AAON shares edge lower as margin pressures weigh on earnings despite strong sales
AAON, Inc. (NASDAQ:AAON) reported fourth-quarter results on Monday that topped revenue expectations but fell short on earnings, as the HVAC equipment manufacturer faced higher costs linked to capacity expansion and ongoing production ramp-ups. The company’s shares declined 2.17% in pre-market trading following the announcement, with investors focusing on weaker-than-expected profitability despite robust top-line growth. Adjusted…
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Five key market themes investors are watching this week
Geopolitical tensions in the Middle East are dominating attention heading into the new trading week, after U.S. and Israeli strikes on Iran triggered a selloff in equities and a sharp rally in oil prices. Alongside the geopolitical backdrop, markets will also focus on major economic data releases and corporate earnings, including the February U.S. jobs…
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Defense stocks rally as Middle East tensions drive renewed military spending expectations
Defense-sector equities moved sharply higher on Monday as escalating conflict in the Middle East boosted expectations for increased military spending and replenishment of weapons inventories. Lockheed Martin (NYSE:LMT) climbed 6.5%, while L3Harris Technologies (NYSE:LHX) gained 4%. Northrop Grumman (NYSE:NOC) advanced 5% and General Dynamics (NYSE:GD) rose 2%. RTX Corporation (NYSE:RTX) also posted strong gains, jumping…
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Drone and defense stocks rally as Middle East tensions intensify
Shares of drone manufacturers and defense technology companies moved sharply higher on Monday as rising geopolitical tensions involving the United States, Israel and Iran fueled investor demand for defense-related assets. Markets reacted after weekend military strikes by U.S. and Israeli forces and subsequent Iranian retaliation heightened concerns about a widening regional conflict, lifting defense-sector equities…
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Zhibao Technology reports rapid expansion in gas insurance business as digital consumer strategy gains traction
Zhibao Technology Inc. (NASDAQ:ZBAO), a fast-growing InsurTech company focused on digital insurance brokerage services in China, announced strong growth in its natural gas insurance segment, highlighting the business as a central driver of its consumer-focused strategy for 2026. The company said total premiums generated through its gas insurance products approached RMB 100 million (approximately $14.5…
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Kratos OpenSpace® platform powers SSC Space’s new LEO satellite service SSC Space Go
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) announced that its OpenSpace® Platform has been integrated into SSC Space Go, a newly launched service from SSC Space designed to deliver seamless data access for small satellites operating in Low Earth Orbit (LEO). SSC Space Go aims to simplify and lower the cost of Earth Observation and…