ADVFN US – Market Content Editor

K Wave Media Ltd. (NASDAQ:KWM) has signed an exclusive global distribution agreement with HYBE, covering video and print merchandise tied to 2026 concert activities for leading K-pop artists including BTS, SEVENTEEN, and LE SSERAFIM, the company said in a filing with the U.S. Securities and Exchange Commission. The agreement, executed through KWM’s subsidiary Play Company…

One and One Green Technologies Inc. (NASDAQ:YDDL) has entered into a securities purchase agreement with two institutional investors for a follow-on offering, according to a company announcement. The firm plans to issue 1,733,334 units priced at $7.50 each. Every unit includes one Class A ordinary share along with a warrant to purchase one and a…

Erayak Power Solution Group Inc. (NASDAQ:RAYA) has unveiled a strategic overhaul aimed at repositioning the company from a China-based manufacturer into a U.S.-focused research and development-driven energy solutions provider, according to a company announcement. As part of this transition, Erayak carried out a market research tour across key U.S. states including California, Arizona, Texas, Florida,…

Morgan Stanley said this week that artificial intelligence is beginning to influence labor markets, but the overall impact remains limited, based on findings from its newly released AI disruption tracker. The bank analyzed a range of occupations and industries categorized by their level of exposure to AI. While unemployment rates in roles with higher AI…

Shares of Shake Shack (NYSE:SHAK) climbed 3.3% on Friday after Mizuho analyst Nick Setyan upgraded the stock to Outperform from Neutral and raised the price target to $120 from $100. The upgrade reflects expectations of stronger-than-anticipated same-store sales growth in the first quarter. “Our checks point to Q1 SSS growth upside, with drivers in place…

Shares of Nutanix Inc (NASDAQ:NTNX) slipped nearly 2% in premarket trading on Friday after JPMorgan Chase & Co lowered its rating on the stock. JPMorgan downgraded Nutanix to “neutral” from “overweight” and reduced its price target to $44 from $55. The bank cited expectations of a more volatile macroeconomic backdrop in the second half of…

Shares of Angel Studios (NYSE:ANGX) dropped 23% on Friday after the company announced pricing for a $30 million public equity offering at a notable discount to its prior closing level. The media and technology firm is issuing 14.3 million Class A common shares at $2.10 each, representing a 27% discount to Thursday’s closing price of…

Shares of Snap Inc. (NYSE:SNAP) rose 1% on Friday morning after the company unveiled a multi-year strategic partnership with Qualcomm Technologies (NASDAQ:QCOM) to support upcoming generations of its Specs smart glasses using Snapdragon system-on-a-chip technology. The deal represents the first major initiative for Specs Inc., Snap’s subsidiary focused on next-generation consumer eyewear set to launch…

Shares of Tempus AI Inc. (NASDAQ:TEM) climbed 3% on Friday morning after the company announced an expanded multi-year collaboration with Gilead Sciences Inc. (NASDAQ:GILD), aimed at supporting the development of Gilead’s oncology pipeline. The new agreement grants Gilead enterprise-wide access to Tempus’ AI-powered Lens platform, which offers expanded datasets across various disease areas along with…

The latest Consumer Price Index (CPI) data has been released, offering an updated view of inflation trends across the U.S. economy. The CPI, which tracks changes in the prices consumers pay for a broad range of goods and services, showed a monthly increase of 0.9%. Although this reading came in just below the 1.0% forecast,…