Author: Fiona Craig
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Can U.S. markets absorb a $3 trillion IPO wave? Goldman weighs potential impact
A possible surge of mega initial public offerings valued at up to $3 trillion is pushing major index providers to review their inclusion rules, sparking debate over how U.S. equity markets would handle such a large influx of new listings. According to Goldman Sachs strategists, the ten largest venture-backed private companies in the United States…
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Investors return to cash in shift echoing 2022, JPMorgan says
Investors have begun increasing their cash holdings in a move that resembles market behavior seen in 2022, as geopolitical tensions and policy uncertainty continue to weigh on sentiment, according to a research note from JPMorgan. Quantitative strategist Nikolaos Panigirtzoglou said market participants have been “abandoning equities, bonds and gold all at the same time, preferring…
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Rising Oil Prices Could Keep Pressure on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures indicate a weaker opening for markets on Friday, suggesting equities may continue to fall after the sharp losses recorded in the previous session. A renewed surge in crude oil prices is expected to weigh on investor sentiment, with global benchmark Brent crude climbing back above $110 per barrel after jumping more…
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SBC Medical tops Q4 profit estimates despite revenue shortfall
SBC Medical Group Holdings Incorporated (NASDAQ:SBC) reported fourth-quarter results on Friday that exceeded earnings forecasts, although revenue came in below analysts’ expectations. Shares of the medical services company rose 0.26% in pre-market trading following the announcement. For the quarter ended December 31, 2025, SBC Medical posted adjusted earnings per share of $0.14, surpassing the consensus…
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Nortech Systems returns to profit in Q4, surpassing estimates
Nortech Systems Incorporated (NASDAQ:NSYS) reported fourth-quarter earnings of $0.31 per share on Thursday, reversing a loss of -$0.54 per share recorded in the same period a year earlier. Quarterly revenue came in at $30.3 million, representing a 5.9% increase from $28.6 million in the fourth quarter of 2024. Following the announcement, the company’s shares rose…
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P3 Health Partners shares drop more than 6% after weak outlook despite Q4 results beat
P3 Health Partners Inc. (NASDAQ:PIII) shares fell more than 6% in after-hours trading on Thursday after the company issued guidance that pointed to an uncertain path to profitability, even though its fourth-quarter revenue came in line with expectations. The physician-led population health management group reported fourth-quarter revenue of $384.8 million, representing a 4% increase from…
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Oracle secures 116,000 square feet of office space in Nashville
Oracle Corp. (NYSE:ORCL) has entered into a lease agreement for 116,000 square feet of office space at 1320 Adams Street in Nashville’s Neuhoff District, the company said in a statement. With the new lease, Oracle’s office capacity in Nashville will expand to roughly 2,000 seats spread across three sites in the city. The added space…
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Novartis agrees to acquire U.S. biotech company Excellergy in deal worth up to $2 billion
Swiss pharmaceutical group Novartis (NYSE:NVS) announced on Friday that it has reached an agreement to acquire California-based biotechnology company Excellergy in a transaction valued at up to $2 billion. Under the terms of the deal, Novartis will make payments totaling as much as $2 billion, including upfront consideration and additional milestone-based payments. The acquisition is…
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Faraday Future supplies robots to dealership, showcases technology at student STEM event
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) has delivered two robots—a Master robot and an Aegis robot—to New PBB Auto Inc., an automotive dealership based in Los Angeles, the company said in a statement. The machines are expected to assist with reception and customer-facing duties inside the dealership’s showroom. The delivery follows a binding business-to-business deposit…
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Brown-Forman and Pernod Ricard acknowledge discussions over possible merger
U.S. whiskey producer Brown-Forman (NYSE:BF.A) and French spirits group Pernod Ricard (EU:RI) said on Thursday that they are in talks about a potential combination structured as a “merger of equals.” In separate statements, the companies confirmed earlier media reports that negotiations between the two drinks makers are underway. “If agreed to and subject to customary…