Category: Latest News
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Target Hospitality shares rise more than 6% on upbeat 2026 revenue forecast
Target Hospitality Corp. (NASDAQ:TH) reported fourth-quarter results on Wednesday that fell short of earnings expectations but topped revenue forecasts, while issuing a 2026 outlook that came in well above analyst projections. The company’s shares jumped 6.52% in pre-market trading following the announcement, supported by its projected 2026 revenue range of $320 million to $350 million.…
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Pangaea Logistics shares slip after fourth-quarter earnings fall short
Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) reported fourth-quarter results on Wednesday that came in below earnings expectations, even as revenue exceeded analyst forecasts. The company’s stock dipped about 0.48% in after-hours trading following the release of the results. For the quarter ended December 31, 2025, the maritime shipping group posted adjusted earnings per share of $0.16,…
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Eli Lilly plans $3 billion China investment, files for approval of new GLP-1 treatment
Eli Lilly and Company (NYSE:LLY) said it intends to invest about $3 billion in China over the next ten years to expand manufacturing capacity for its experimental treatment for type 2 diabetes and obesity, orforglipron. The pharmaceutical group also confirmed that it submitted a marketing application for the drug to China’s medicines regulator at the…
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Target cuts prices on 3,000 spring products across apparel, home and essentials
Target Corporation (NYSE:TGT) said it is lowering prices on more than 3,000 items this spring across categories including clothing, home goods, baby products and selected food and beverage items. The reductions, ranging from roughly 5% to 20% off original prices, began in March and will remain in effect throughout the spring season. Discounted items include…
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U.S. Inflation Matches Forecasts in February
Consumer prices in the United States increased in February at a pace consistent with economists’ expectations, according to new data published Wednesday by the Labor Department. The report showed that the consumer price index (CPI) rose 0.3% during the month, following a 0.2% increase recorded in January. The monthly gain was in line with market…
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Gold Holds Steady as Markets Assess Iran Developments and Await U.S. Inflation Data
Spot gold traded largely flat during European hours on Wednesday as investors weighed conflicting signals surrounding the U.S.-Israel conflict with Iran, while keeping a close eye on energy market disruptions and the possibility of a de-escalation in hostilities. Market participants are also awaiting February consumer inflation figures from the United States, which could offer fresh…
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Oil Price Rebound Could Put Pressure on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a slightly lower opening on Wednesday, suggesting equities may retreat after ending the previous session with mixed and largely directionless trading. A renewed rise in crude oil prices could weigh on investor sentiment. Oil for April delivery surged nearly 4% after plunging close to 12% during Tuesday’s trading session.…
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Auddia’s LT350 Unit Signs Preliminary Deal with NYSE Medical REIT for AI Datacenter Pilot
Auddia Inc. (NASDAQ:AUUD) said its LT350 division has entered into a non-binding letter of intent with a medical real estate investment trust listed on the New York Stock Exchange to explore a pilot deployment of solar-powered AI micro–datacenter infrastructure. The proposed project would involve installing LT350’s first solar-integrated AI datacenter canopy at a hospital property…
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Stellantis Raises €5 Billion in Hybrid Bonds to Strengthen Finances After EV Strategy Reset
Stellantis N.V. (NYSE:STLA) announced it has priced a multi-tranche hybrid bond offering worth €5 billion (about $5.8 billion), accessing capital markets shortly after booking major charges tied to changes in its electric vehicle strategy. The bond sale follows the company’s recent announcement that it would record €22.2 billion in impairments after scaling back its electric…
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Oracle Shares Jump After Earnings Beat and Higher Revenue Outlook
Oracle Corporation (NYSE:ORCL) reported quarterly results on Tuesday that exceeded analysts’ expectations for both revenue and profit, driven by continued strong expansion in its cloud computing business. The company also lifted its fiscal 2027 revenue forecast, pushing its shares roughly 10% higher in premarket trading on Wednesday. The Austin, Texas-based technology group has increasingly focused…