Author: Fiona Craig
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Falconedge Adds Two Advisory Clients and Reports Interim Results Highlighting Growth Strategy
Falconedge PLC (AQSE:EDGE) (USOTC:FEDGF) has strengthened its hedge fund advisory business after signing two new fund clients, while interim results underline the company’s ongoing transition toward recurring revenues and diversified income generation. The latest mandates lift Falconedge’s advisory client base by approximately 40%, marking further progress in expanding the company’s core services offering. Management views…
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Seizing Defense Billions Now: How NEO Battery Materials Could Enhance Systems from Rheinmetall and Hensoldt
The world’s security architecture is no longer what it once was: the future of defense is autonomous, networked, and energy-hungry. Military superiority is no longer determined primarily by the sheer number of deployed units, but by the synergy of autonomous mobility, sensor intelligence, and the corresponding energy capacities. In this environment, players such as Rheinmetall…
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Joby Aviation shares surge after Uber launches Dubai air taxi booking service
Joby Aviation (NYSE:JOBY) shares jumped 7.5% on Wednesday after the company partnered with Uber (NYSE:UBER) to introduce a new air taxi booking option in Dubai, marking a key milestone in the rollout of commercial urban air mobility services. The newly launched offering, branded Uber Air powered by Joby, enables customers to reserve flights on Joby’s…
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Novocure shares rise after Medicare billing privileges reinstated
Novocure Ltd (NASDAQ:NVCR) shares climbed about 4.3% in premarket trading Wednesday after the company said U.S. regulators restored its Medicare billing authorization, removing uncertainty around reimbursement for its cancer therapy services. The company announced that its U.S. subsidiary, Novocure Inc., received confirmation from the Centers for Medicare & Medicaid Services (CMS) that a previous revocation…
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Whirlpool stock edges higher after equity raise despite activist backlash
Shares of Whirlpool Corp (NYSE:WHR) moved modestly higher in premarket trading Wednesday, gaining about 0.7% to $72.16, even as a prominent shareholder criticized the company’s recent capital raise. The appliance manufacturer said it had priced a public offering of roughly 6.9 million common shares at $69 each, generating approximately $475 million in proceeds. In addition,…
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Rayonier Advanced Materials shares surge after AIP reveals 5.1% stake
Shares of Rayonier Advanced Materials Inc. (NYSE:RYAM) climbed about 13% after private equity firm American Industrial Partners (AIP) disclosed it had built a 5.1% position in the specialty materials producer. According to a Schedule 13D filing, AIP purchased roughly 3.4 million shares for about $25.4 million, excluding brokerage fees. The investment was financed using the…
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Thomson Reuters shares gain after $600M buyback plan and capital return announcement
Thomson Reuters (NASDAQ:TRI) shares edged higher in premarket trading on Wednesday after the company unveiled plans to repurchase up to $600 million of its stock alongside a $605 million capital return to shareholders. The company said the share repurchases will be carried out under an amended normal course issuer bid authorized by the Toronto Stock…
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Mint unveils first FLOKI Minibot M1 prototype, marking entry into consumer AI robotics
Mint Incorporation Limited (NASDAQ:MIMI) announced the successful delivery of the first prototype of its FLOKI Minibot M1, an artificial intelligence-powered companion robot developed in partnership with Rice Robotics Holdings Limited, signaling the Hong Kong-based company’s expansion into the consumer robotics market. The milestone represents Mint’s official move into the fast-growing business-to-consumer robotics segment as part…
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Geron shares drop after Q4 results miss estimates despite Rytelo growth
Geron Corporation (NASDAQ:GERN) shares fell roughly 15% in premarket trading Wednesday after the oncology-focused biotech company reported fourth-quarter 2025 results that came in below Wall Street expectations while reaffirming its full-year guidance. The developer of blood cancer treatment Rytelo posted a net loss of $0.05 per share on revenue of $48.0 million for the quarter,…
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NextPlat forecasts $55M 2025 revenue as restructuring drives margin expansion outlook
NextPlat Corp (NASDAQ:NXPL) said it expects to generate approximately $55 million in revenue for 2025 and anticipates continued operational improvement following strategic business refocusing efforts, with margin expansion and cost reductions projected to extend into 2026. The global consumer products and services company, which delivers healthcare and technology solutions through e-commerce and retail channels, reported…