Category: Latest News
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Palantir Jumps After Record Sales and Upbeat Growth Outlook
Shares of Palantir Technologies (NASDAQ:PLTR) jumped more than 11% in U.S. premarket trading on Tuesday after the data analytics group delivered better-than-expected fourth-quarter results and unveiled a bullish revenue forecast for 2026. The company, which supplies data integration and analytics software to government bodies and commercial clients, reported adjusted earnings of $0.25 per share for…
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Oil Slides on Hopes of U.S.–Iran Tensions Easing and a Stronger Dollar
Oil prices dropped about 1% on Tuesday, extending losses into a second session, as traders assessed the prospect of easing tensions between the United States and Iran, while a firmer U.S. dollar added further pressure. Brent crude futures were down 68 cents, or 1%, at $65.62 a barrel by 0903 GMT. U.S. West Texas Intermediate…
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U.S. Futures Advance; SpaceX Buys xAI; Palantir Results Drive After-Hours Moves: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to the main U.S. equity benchmarks were higher ahead of a busy week of corporate earnings. Markets are reacting to news that Elon Musk’s SpaceX has agreed to acquire xAI in a blockbuster transaction valuing the combined group at more than $1 trillion, while Palantir (NASDAQ:PLTR) posted record quarterly revenue, lifting its shares…
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NEO BATTERY MATERIALS – The Western response to China’s battery monopoly
High-performance batteries for drones, robotics, and AI infrastructure Electrification is no longer a promise for the future, but an infrastructural reality. Autonomous systems, drone fleets, industrial robotics, AI data centers, and electromobility are growing in parallel – and they all share a common bottleneck: powerful energy storage devices. While software, sensor technology, and computing power…
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Upbeat Manufacturing Data Contributes To Strength On Wall Street
Following the mixed performance seen last week, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day, with the Dow posting a standout gain. The major averages pulled back off their best levels late in the day but remained in positive territory. The Dow jumped 515.19…
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BTIG upgrades McDonald’s as discounts and bundles drive steadier traffic
BTIG lifted McDonald’s (NYSE:MCD) to Buy from Neutral, arguing that tweaks to the company’s value strategy are translating into more consistent customer traffic and laying the groundwork for a firmer rebound in sales and earnings. McDonald’s shares were up about 1.12% in Monday’s premarket trading. The brokerage said discussions with franchisees point to sustained improvements…
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Chevron rally leaves limited upside after strong start to year
Shares of Chevron (NYSE:CVX) are up roughly 16% so far this year, driven largely by optimism around Venezuela and firmer oil prices rather than any meaningful shift in the company’s core fundamentals. Against that backdrop, HSBC downgraded Chevron to Hold from Buy, arguing that the recent rally has already captured much of the company’s strengths…
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Ondas shares gain after company agrees to acquire Rotron Aero
Shares of Ondas Inc. (NASDAQ:ONDS) rose about 2.8% on Monday after the company announced a definitive agreement to acquire Rotron Aero, a UK-based specialist in unmanned aerial systems and autonomous platforms. The acquisition is expected to enhance Ondas’ capabilities in defense and security markets by adding long-range unmanned aerial vehicles, autonomous strike platforms, and advanced…
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MoonLake shares jump after FDA Fast Track nod for PPP therapy
Shares of MoonLake Immunotherapeutics (NASDAQ:MLTX) climbed about 6.5% in premarket trading on Monday after the company said the U.S. Food and Drug Administration has granted Fast Track designation to sonelokimab (SLK) for the treatment of moderate-to-severe palmoplantar pustulosis (PPP). The Fast Track decision follows encouraging data from the Phase 2 LEDA study and comes alongside…
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iPower divests subsidiary for $2.3 million in bid to streamline costs
iPower Inc. (NASDAQ:IPW) said it has sold its subsidiary Global Product Marketing Inc. for roughly $2.3 million, a move aimed at lowering operating expenses as part of a broader restructuring effort. The company said the sale removes a significant cost burden tied to its online sales operations, while allowing iPower to keep control of its…