ADVFN US – Market Content Editor
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CoreWeave and Nebius shares slide after Meta cloud expansion report (CRWV)
Meta’s reported plans weigh on AI infrastructure providers Shares of CoreWeave (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS) fell more than 6% on Wednesday after a Bloomberg report suggested that Meta Platforms is preparing to expand into the cloud infrastructure market. The report indicated that Meta is exploring ways to commercialise its artificial intelligence infrastructure by offering…
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FMC shares surge after Tessenderlo agrees to acquire 20% stake (FMC)
Belgian group to invest $400 million in FMC Shares of FMC Corporation (NYSE:FMC) climbed more than 8% in pre-market trading on Wednesday after the agricultural sciences company announced that Tessenderlo Group (XBRU:TESB) will acquire a 20% equity stake in a transaction valued at approximately $400 million. Under the definitive agreement, Tessenderlo will purchase FMC shares…
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Oklo shares rise after DOE clears key reactor safety milestone (OKLO)
Safety approval advances Groves reactor toward startup Shares of Oklo Inc. (NYSE:OKLO) gained around 3.5% in pre-market trading on Wednesday after the U.S. Department of Energy approved the Documented Safety Analysis (DSA) for the company’s Groves Isotope Test Reactor in Texas under the DOE’s Reactor Pilot Program. The approval establishes the reactor’s final safety basis…
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Datavault AI unveils proposed strategic minerals platform partnership (DVLT)
Company targets digital infrastructure for critical minerals market Datavault AI Inc. (NASDAQ:DVLT) has announced a proposed strategic partnership with Patriot Strategic Metals LLC to develop the Strategic Materials Acquisition Platform, a digital infrastructure initiative designed to support the financing, tokenisation, settlement and lifecycle management of strategic mineral assets. According to the company, the proposed Phase…
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Geely Automobile posts modest June sales growth as EV and exports surge (GELYF)
Total vehicle sales edge higher in June Geely Automobile Holdings Limited (USOTC:GELYF) reported total vehicle sales of 240,799 units in June 2026, representing a 2% increase compared with the same month last year. The group’s core Geely brand delivered 186,564 vehicles during the month, a 3% decline year over year. However, the Galaxy range continued…
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FactSet shares slip despite third-quarter earnings beat as outlook disappoints (FDS)
Revenue and earnings top forecasts FactSet Research Systems Inc. (NYSE:FDS) reported better-than-expected third-quarter fiscal 2026 results on Wednesday, but the company’s full-year earnings outlook failed to impress investors, sending the stock lower in pre-market trading. Shares fell nearly 3% after the financial data and AI solutions provider reaffirmed guidance that came in below Wall Street…
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BYD poised to retake global EV sales crown from Tesla (TSLA)
Chinese automaker widens lead in second-quarter electric vehicle deliveries BYD Co. (USOTC:BYDDY) is on track to regain its position as the world’s largest seller of fully electric vehicles, with second-quarter deliveries expected to outpace those of Tesla Inc. (NASDAQ:TSLA). The Chinese manufacturer reported battery-electric vehicle (BEV) deliveries of 557,090 units during the second quarter, according…
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ServiceNow shares climb after Guggenheim upgrades stock to Buy (NOW)
Guggenheim turns bullish on valuation despite AI concerns Shares of ServiceNow (NYSE:NOW) rose about 4% on Wednesday after Guggenheim upgraded the enterprise software company to Buy from Neutral, assigning a price target of $125. Following Tuesday’s closing price of $99.28, Guggenheim’s target implies additional upside and values the company at approximately 7.5 times enterprise value…
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Marriott and Coca-Cola announce global beverage partnership (MAR)
Coca-Cola to become Marriott’s worldwide beverage supplier Marriott International (NASDAQ:MAR) and The Coca-Cola Company (NYSE:KO) have entered into a global beverage supply agreement that will see Coca-Cola products introduced across Marriott’s worldwide hotel portfolio. According to a joint announcement released on July 1, 2026, Coca-Cola will become Marriott’s global beverage partner across multiple categories, including…
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MSC Industrial shares jump after third-quarter earnings top expectations (MSM)
Strong quarterly results drive double-digit share price gain Shares of MSC Industrial Supply Co. (NYSE:MSM) climbed more than 10% in pre-market trading on Wednesday after the industrial distributor delivered third-quarter results that comfortably exceeded Wall Street expectations, supported by stronger operational execution. For the fiscal third quarter ended May 30, 2026, the company reported adjusted…