ADVFN US – Market Content Editor
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Merck KGaA shares rise 1.7% after HSBC upgrades stock to Buy
Merck KGaA (NYSE:MRK) shares rose 1.7% to €141.30 after HSBC upgraded its rating on the Darmstadt-based science and technology group to “Buy” from “Hold”. HSBC also named Merck KGaA among its preferred companies in the life sciences tools sector, alongside Lonza, Danaher and Agilent. Analysts cited the company’s valuation, first-half 2026 growth and its performance…
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Euroseas shares rise 4.1% ahead of September ex-dividend date
Euroseas Ltd. (NASDAQ:ESEA) shares gained 4.1% in pre-market trading to $80.01, moving above their previous 52-week high of $79.67 ahead of the company’s upcoming ex-dividend date. The shipping company has declared a quarterly cash dividend of $0.80 per share, with the stock scheduled to trade ex-dividend on September 9. The share-price increase comes eight days…
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Sono Group shares rise 59% after proposed combination with Sports One
Sono Group NV (NASDAQ:SSM) shares rose 59.3% in pre-market trading after the company and privately held Sports One announced a non-binding letter of intent for a proposed business combination. Under the proposal, the combined company would operate as a publicly traded permanent-capital business focused on acquiring and holding minority interests in NFL, NBA, MLB and…
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BYD sales rise for fourth consecutive month as overseas shipments increase
BYD (USOTC:BYDDY) reported higher global vehicle sales for a fourth consecutive month in August, with increased overseas shipments accompanying softer demand in its domestic Chinese market. Total vehicle sales increased 17.8% year over year to 440,293 units during August, while overseas shipments rose 134.5% to 189,466 vehicles, according to Reuters calculations based on the company’s…
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Tesla registrations show mixed performance across European markets in August
Tesla (NASDAQ:TSLA) recorded differing registration trends across several European markets in August, with year-over-year increases in France and Denmark and declines in Norway and Sweden. New Tesla vehicle registrations, which can be used as an indicator of sales, increased 279% from a year earlier in France and 104% in Denmark, according to figures from French…
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OpenAI rejects Apple trade-secret allegations in employee dispute
OpenAI (NASDAQ:OAI) has denied allegations from Apple (NASDAQ:AAPL) that it misappropriated trade secrets through former Apple employees, arguing that the iPhone maker has not demonstrated that confidential information was taken. “This dispute is a mess of Apple’s own making, and it is trying to blame everyone else,” OpenAI said in a filing late Monday in…
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GoPro shares gain more than 128% after Markiplier stake disclosure
GoPro (NASDAQ:GPRO) shares recorded a combined gain of more than 128% on Monday, August 31, after Bloomberg reported that YouTuber Mark Fischbach, known as Markiplier, had accumulated an 8.5% stake in the action-camera company. The stock rose 46.01% during regular trading before gaining a further 55% in after-hours trading to reach $1.37. According to Bloomberg,…
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Gold declines as Treasury yields rise and markets increase Fed rate hike expectations
Gold prices fell on Tuesday as higher oil prices and government bond yields coincided with increased market expectations for another Federal Reserve interest rate increase. At 04:46 ET (08:46 GMT), XAU/USD was down 1.6% at $4,377.84 an ounce, while gold futures declined 1.2% to $4,426.26. XAG/USD fell 2.4% to $64.98 an ounce and XPT/USD declined…
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Oil prices rise as renewed U.S.-Iran exchanges keep supply risks in focus
Oil prices advanced on Tuesday as renewed military exchanges between the United States and Iran brought attention back to the potential for supply disruptions from the Middle East. Brent crude futures rose $1.18, or 1.3%, to $91.67 per barrel at 0739 GMT, while U.S. West Texas Intermediate crude gained $1.27, or 1.48%, to $87.03. The…
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U.S. futures steady as investors assess Fed rate outlook, oil prices and Japanese bond yields: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures were broadly unchanged early Tuesday as investors assessed the outlook for Federal Reserve interest rates, higher oil prices and renewed military exchanges between the United States and Iran. Energy markets extended their recent gains amid concerns about shipping through the Strait of Hormuz, while Japanese government bond yields increased ahead of U.S.…