Category: Latest News
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U.S. Stocks Move Notably Higher Following Early Volatility
After showing a lack of direction early in the session, stocks moved notably higher over the course of the trading day on Tuesday. The major averages all moved to the upside, with the tech-heavy Nasdaq joining the Dow and the S&P 500 in positive territory after an initial pullback. The major averages pulled back off…
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Peloton stock rebounds after report suggests slow initial uptake of new AI-driven equipment
Peloton Interactive (NASDAQ:PTON) shares dipped about 0.5% early Tuesday but quickly rebounded after a Bloomberg report indicated that the company’s latest AI-enabled fitness products are off to a soft start. Bloomberg stated that Peloton’s new Cross Training Series has seen only limited early traction at major U.S. retail partners in the eight weeks since launch.…
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Silexion stock jumps after toxicology studies show no systemic toxicity
Silexion Therapeutics Corp. (NASDAQ:SLXN) shares climbed 5.9% on Tuesday after the company reported encouraging results from toxicology studies for its pancreatic cancer candidate SIL204, confirming the absence of systemic organ toxicity in two animal models. The outcome marks a key milestone for the clinical-stage biotech firm, which remains on schedule to launch a Phase 2/3…
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PharmaCyte Biotech stock surges following profitable exit from Femasys investment
PharmaCyte Biotech Inc. (NASDAQ:PMCB) shares skyrocketed 67.8% on Tuesday after the company announced it had completed the successful monetization of its stake in Femasys Inc. (NASDAQ:FEMY), significantly bolstering its liquidity. The sale is projected to lift PharmaCyte’s combined cash and marketable securities to roughly $20 million, up from $13.3 million reported as of July 31,…
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Clean Energy Technologies stock soars after securing $10M BESS project
Clean Energy Technologies, Inc. (NASDAQ:CETY) shares surged 58.9% on Tuesday after the company announced it has won a $10 million contract to deliver a Battery Energy Storage System (BESS) project in New York State. The clean-tech firm said this award represents its largest energy-storage engagement to date, and marks the first of several similar installations…
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Lixte Biotechnology shares slide following purchase of UK-based Liora
Lixte Biotechnology Holdings Inc. (NASDAQ:LIXT) saw its stock drop 11.5% on Tuesday after the company announced the completion of its acquisition of Liora Technologies Europe Ltd., a UK firm focused on developing electronically controlled proton therapy systems for oncology. As part of the deal, Lixte now owns Liora’s flagship LiGHT System (Linac for Image Guided…
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Veralto shares advance following $435 million deal for In-Situ
Veralto Corp (NYSE:VLTO) climbed 3.3% in early Tuesday trading after the company unveiled a $435 million agreement to acquire In-Situ, a move that will broaden its footprint in the environmental water and hydrology technology sectors. The transaction—expected to close in the first quarter of 2026—will fold In-Situ’s specialized water analytics and monitoring tools into Veralto’s…
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UniFirst stock rises after Engine Capital pushes board to consider potential sale
UniFirst Corporation (NYSE:UNF) saw its shares climb 3.6% on Monday after activist investor Engine Capital publicly called on the company’s board to evaluate a possible sale. In a letter addressed to UniFirst’s trustees, Engine Capital — which holds roughly 3.2% of UniFirst’s outstanding common stock — criticized the board for declining to engage in private…
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AMD stock plunges 9% as Meta considers Google’s AI chips
AMD (NASDAQ:AMD) shares sank 9% by late morning on Tuesday, while Nvidia (NASDAQ:NVDA) slid 6.5%, after reports emerged that Meta Platforms (NASDAQ:META) may shift part of its future AI hardware spending toward Google’s custom processors — a move that could meaningfully disrupt the current GPU landscape. The Information reported that Google (NASDAQ:GOOGL) has begun actively…
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Abercrombie & Fitch shares surge as earnings top estimates
Abercrombie & Fitch Co. (NYSE: ANF) jumped more than 16% in premarket trading after the retailer delivered stronger-than-expected third-quarter results and boosted its full-year guidance, helped by exceptional momentum at its Hollister brand. For the quarter, the company posted adjusted earnings of $2.36 per share, exceeding analyst expectations of $2.20. Revenue reached an all-time quarterly…