ADVFN US – Market Content Editor
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Semiconductor stocks lose momentum as S&P 500 takes lead
Semiconductor outflows accelerate as the S&P 500 gains relative strength. Bruce Campbell examines market rotation, utilities and energy stocks.
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Wall Street Edges Higher as Fed Holds Rates With Two Dissents
U.S. stocks closed modestly higher on Wednesday, with all three major indexes finishing in positive territory after the Federal Reserve left interest rates unchanged. The central bank kept its benchmark rate at 3.75% to 4% in a 10-2 vote, with two officials preferring a quarter-point increase instead. Trading was calm around the decision, and the…
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Hyperscale Data Appoints Newmark to Seek Long-Term Debt Financing for Michigan AI Data Centre
Hyperscale Data, Inc. (AMEX:GPUS) has engaged commercial real estate advisory firm Newmark Group to identify potential lenders for the development and expansion of its artificial intelligence data centre campus in Michigan. The appointment was made through Alliance Cloud Services (ACS), an indirect wholly owned subsidiary of Hyperscale Data, which operates the Michigan facility. The company…
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Amarin Returns to Quarterly Profit as Cost Reductions Offset 20% Revenue Decline
Amarin Corporation plc (NASDAQ:AMRN) reported a net profit of $0.2 million for the third quarter of 2026, marking its first profitable quarter in more than two years, as lower operating expenses helped offset declining revenue and continued pricing pressure in the United States. The pharmaceutical company reported revenue of $39.6 million for the quarter ended…
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Eco Depot Highlights $8.6 Million in Historical Mexico Infrastructure Contracts and Plans Corporate Structure Review
Eco Depot, Inc. (USOTC:ECDP) has outlined approximately MXN 150 million (US$8.6 million) in historical construction contracts completed by its wholly owned subsidiary, Compañía Constructora de Tijuana, S.A. de C.V. (CCT), across two major infrastructure projects in Mexico. The contracts relate to work undertaken at the Olmeca Refinery in Dos Bocas and the Tren Maya railway…
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AIBotics Advances PHILL ROBOT Manufacturing With 3DX Industries Five-Unit Pilot Programme
AIBotics, Inc. (USOTC:AIBT) has provided an update on the development and manufacturing of its PHILL ROBOT AI-powered wellness platform, as manufacturing partner 3DX Industries, Inc. (OTCID:DDDX) continues work supporting an initial five-unit pilot programme. The project is intended to establish the manufacturing processes, assembly procedures and quality standards required to move PHILL ROBOT from product…
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Elong Power Signs $25.5 Million Annual Distribution Agreement Through Hong Kong Subsidiary
Elong Power Holding Limited (NASDAQ:ELPW) has announced that its subsidiary, Elong Power (Hong Kong) Holding Limited, has entered into a one-year cooperation agreement valued at $25.5 million, as the company expands its international distribution activities following a shift towards an asset-light business model. The agreement covers the distribution of smart consumer electronic products through multiple…
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BIO-key Expands Middle East Government Security Engagement With New Identity Management Deployment
BIO-key International, Inc. (NASDAQ:BKYI) has deployed its identity and access management technology to an additional customer within a Middle Eastern government’s national security network, expanding its involvement in securing sensitive government and defence systems in the region. The new deployment is intended to strengthen authentication and access controls across online and offline systems, as the…
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Oatly Q3 Revenue Rises 9.1% to $243.1 Million but Company Cuts Full-Year Profit Outlook
Oatly Group AB (NASDAQ:OTLY) reported a 9.1% increase in third-quarter 2026 revenue to $243.1 million, supported by growth in Europe and North America, but reduced its full-year adjusted EBITDA guidance as higher fuel and freight costs weighed on its profitability outlook. The Swedish oat drink producer reported revenue of $243.1 million for the quarter ended…
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Littelfuse Reports Record Q3 Revenue of $767 Million as Adjusted Earnings Rise 96%
Littelfuse, Inc. (NASDAQ:LFUS) reported record third-quarter 2026 revenue of $767 million, supported by strong demand across its electronics, transportation and industrial businesses, alongside higher profitability and cash generation. The industrial technology manufacturer reported organic sales growth of 22% year over year, while adjusted diluted earnings per share increased 96% to a record $5.79. GAAP diluted…