ADVFN US – Market Content Editor
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Wall Street Futures Rise as Falling Oil Prices Support Rebound After Technology Sell-Off: Dow Jones, S&P, Nasdaq
US stock futures pointed to a higher opening on Monday as investors looked for buying opportunities following last week’s sharp declines, while falling crude oil prices and renewed diplomatic efforts in the Middle East helped improve market sentiment. The anticipated recovery follows a difficult Friday session that pushed the Nasdaq to its lowest closing level…
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Take-Two Shares Rise 1.5% as Teen Survey Signals Strong Demand for GTA 6
Take-Two Interactive Software (NASDAQ:TTWO) shares gained approximately 1.5% in pre-market trading on Monday after a Piper Sandler survey indicated strong interest in the upcoming Grand Theft Auto 6 (GTA 6), although analysts highlighted potential limitations to the game’s addressable market. The survey, involving approximately 9,000 teenagers, found that 70% of respondents who own the latest…
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Marriott Shares Gain 3% as Strong Q3 Results Prompt Higher 2026 Revenue and Earnings Forecasts
Marriott International (NASDAQ:MAR) shares rose more than 3% in pre-market trading on Monday after the hotel group raised its full-year 2026 revenue and earnings forecasts, supported by stronger demand in the United States and improving international trading conditions. The company increased its global revenue per available room (RevPAR) growth forecast to between 4.5% and 5%,…
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Tempus AI Shares Rise 4.18% as Q3 Earnings Beat Forecasts and Revenue Guidance Increases
Tempus AI, Inc. (NASDAQ:TEM) shares advanced 4.18% in pre-market trading on Monday after the healthcare technology company reported stronger-than-expected third-quarter 2026 earnings and raised its full-year revenue outlook, supported by growth in oncology diagnostics and data services. The company reported adjusted earnings of $0.07 per share, exceeding the analyst consensus of $0.01. Revenue increased 23%…
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Krystal Biotech Shares Fall 3.7% Despite Q3 Earnings Beat and 30% Revenue Growth
Krystal Biotech, Inc. (NASDAQ:KRYS) shares declined 3.70% in pre-market trading on Monday despite the biotechnology company reporting third-quarter 2026 earnings and revenue above analyst expectations, supported by continued growth in sales of its VYJUVEK gene therapy. The company reported adjusted earnings of $2.05 per share, exceeding the consensus estimate of $1.84 by $0.21. Revenue increased…
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Marvell to Acquire Lumentum in $115 Billion All-Stock Deal as Optical Networking Demand Accelerates
Marvell Technology (NASDAQ:MRVL) has agreed to acquire Lumentum (NASDAQ:LITE) in an all-stock transaction valuing the optical components manufacturer at an implied enterprise value of approximately $115 billion, as the companies seek to expand their combined position in semiconductor and optical networking technologies. Under the agreement, Lumentum shareholders will receive 4.5 Marvell shares for each share…
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Tower Semiconductor Shares Rise 4.5% as Q4 Revenue Forecast Exceeds Expectations
Tower Semiconductor (NASDAQ:TSEM) shares gained 4.5% in pre-market trading on Monday after the chipmaker issued fourth-quarter revenue guidance above analyst expectations, supported by strong growth in its high-speed connectivity and silicon photonics businesses. The company reported third-quarter 2026 revenue of $526.2 million, an increase of 33% from $395.7 million a year earlier and above the…
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CorMedix Reaffirms 2026 Revenue Guidance of $325 Million–$345 Million and Reports $355 Million Cash Position
CorMedix Therapeutics (NASDAQ:CRMD) has maintained its full-year 2026 revenue guidance of $325 million to $345 million and reported approximately $355 million in unaudited cash and cash equivalents as of September 30, 2026, according to a business update released on November 2. The pharmaceutical company also provided an update on Medicare reimbursement for DefenCath, its taurolidine…
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Quantum X Labs Tests Qatacomb Encryption on IBM Quantum Processor
Quantum X Labs Inc. (NASDAQ:QXL) has completed its first demonstration of its Qatacomb quantum encryption technology on commercial quantum computing hardware, using IBM’s 156-qubit Heron r2 processor and the open-source Qiskit framework. The Tel Aviv-based company reported that the experiment successfully reconstructed an encrypted image despite noise affecting the quantum processor. The demonstration marks a…
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Cipher Digital Reports $27 Million in Q3 Revenue as HPC Leasing Begins and Contracted Revenue Reaches $9.1 Billion at Barber Lake
Cipher Digital Inc. (NASDAQ:CIFR) reported approximately $27 million in third-quarter 2026 revenue, including its first income from high-performance computing (HPC) leasing, as the data centre developer expanded its contracted revenue base and advanced a development pipeline of approximately 5.9 gigawatts. The company generated $5.9 million in HPC leasing revenue following the commencement of rental payments…