ADVFN US – Market Content Editor
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Wall Street Slide Continues as Oil Volatility and Fed Caution Weigh on Sentiment
U.S. markets extended their downward trend on Thursday as investors grappled with a “double whammy” of geopolitical instability and a recalibrated interest rate outlook. While indices managed to pare some of their steeper intraday losses following diplomatic efforts to stabilize energy corridors, the major averages ultimately finished in the red for a second consecutive session.…
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Datavault AI posts first quarterly profit as revenue surges, reiterates $200M 2026 target
Datavault AI Inc. (NASDAQ:DVLT) reported its first profitable quarter and record annual revenue for fiscal 2025, highlighting rapid growth driven by artificial intelligence–enabled data monetization and tokenization technologies. The company said fourth-quarter revenue reached $33.8 million for the period ended December 31, 2025, representing a 3,650% year-over-year increase from less than $1 million in the…
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Mobix Labs selected for anti-drone munitions feasibility study
Mobix Labs, Inc. (NASDAQ:MOBX) said it has been chosen by a major munitions manufacturer to participate in a feasibility program focused on next-generation smart munitions designed for anti-drone applications. The company, which has a market capitalization of about $47 million, has seen its shares climb roughly 72% year-to-date despite recent volatility. The program will assess…
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Ferrari trades lower on suspension of Middle East shipments
Ferrari NV (NYSE:RACE) said Thursday it has temporarily halted most vehicle shipments to the Middle East. Shares of the Italian luxury automaker listed in Italy were down more than 3.2% during the session, while its U.S.-traded shares declined over 2.5% in premarket trading. The decision comes as the nearly three-week conflict in the region begins…
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Accenture falls despite Q2 beat as earnings guidance disappoints
Accenture (NYSE:ACN) reported second-quarter results that surpassed analyst expectations, but its shares dropped about 3.5% after the company issued a full-year earnings outlook that fell slightly below market forecasts. The consulting and professional services firm posted adjusted earnings per share of $2.93 for the quarter ended February 28, topping the analyst consensus estimate of $2.85…
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Pfizer’s TALZENNA combination shows progress against prostate cancer
Pfizer Inc. (NYSE:PFE) announced that its Phase 3 TALAPRO-3 clinical trial met its primary endpoint, demonstrating that the combination of TALZENNA (talazoparib) and XTANDI (enzalutamide) significantly improved radiographic progression-free survival compared with placebo plus XTANDI in patients with homologous recombination repair (HRR) gene–mutated metastatic castration-sensitive prostate cancer. The global study enrolled 599 patients across the…
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ZKH Group posts top-line beat in Q4, shares edge higher
ZKH Group Limited (NYSE:ZKH) reported fourth-quarter results that exceeded revenue forecasts and marked a return to profitability after a loss in the same period a year earlier. Shares rose about 0.6% following the announcement. The MRO procurement services platform generated revenue of $365.68 million for the quarter ended December 31, 2025, surpassing the analyst consensus…
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Canadian Solar stock tumbles 13% on disappointing Q4 results, soft Q1 outlook
Canadian Solar Inc. (NASDAQ:CSIQ) reported fourth-quarter results that missed analyst expectations, sending its shares down about 13.6% following the release. The company recorded a loss of $1.66 per share for the quarter, significantly worse than the analyst forecast for a $0.47 per share loss. Revenue totaled $1.22 billion, falling short of the $1.37 billion consensus…
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Lantronix partners with Unusual Machines for defense drone components
Lantronix Inc. (NASDAQ:LTRX) and Unusual Machines Inc. (AMEX:UMAC) announced a partnership to develop components for autonomous defense drones that meet the requirements of the U.S. National Defense Authorization Act. The collaboration will combine Lantronix’s edge AI computing technology with Unusual Machines’ flight control systems to create integrated platforms designed for autonomous drone operations. The companies…
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Hillman targets $2.5 billion in sales by 2030 with growth strategy
Hillman Solutions Corp. (NASDAQ:HLMN) presented long-term growth plans and financial targets during its first investor day, outlining a goal of reaching $2.5 billion in net sales by 2030. The hardware products supplier said it expects revenue to grow at a compound annual rate of 8% to 12% over the next five years. The projected growth…