Category: Latest News
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Matador Resources Secures Gas and NGL Agreements With Energy Transfer (MTDR)
Matador Resources Company (NYSE:MTDR) has entered into a series of agreements with affiliates of Energy Transfer LP aimed at enhancing the value of its natural gas and natural gas liquids production from the Delaware Basin. The arrangements include a new gas supply agreement as well as separate contracts covering the sale and transportation of natural…
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Solidion Technology Jumps 200% After Introducing Space-Ready Battery Platform (STI)
Solidion Technology Inc. (NASDAQ:STI) saw its shares soar 200% on Thursday after unveiling a new patented battery platform designed to operate in extreme environments, targeting applications ranging from satellites and lunar missions to AI-powered data centers in low Earth orbit. The Dallas-based battery technology developer introduced its Generation Extreme-Climate Battery (Gen-ECB) platform, a system engineered…
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FingerMotion Partners With BlueFlare to Pursue AI Compute Projects in Western Canada (FNGR)
FingerMotion Inc. (NASDAQ:FNGR) has signed a memorandum of understanding with BlueFlare Energy Solutions Inc. aimed at developing behind-the-meter artificial intelligence computing infrastructure across Western Canada. The proposed collaboration will focus on projects in Alberta, British Columbia and Saskatchewan, positioning FingerMotion to expand its presence in the rapidly growing North American AI infrastructure market. Exclusive Development…
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3D Systems Slides After Expanding $50 Million Share Sale (DDD)
3D Systems Corp (NYSE:DDD) came under pressure in premarket trading on Thursday after completing an enlarged secondary stock offering, with shares falling more than 14% to below $3.10. The sharp decline followed the announcement that the 3D printing company had priced a $50 million equity raise, increasing the size of the transaction from the originally…
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Columbus McKinnon Posts Revenue Beat Despite Earnings Shortfall (CMCO)
Columbus McKinnon Corporation (NASDAQ:CMCO) reported fourth-quarter results on Thursday that topped revenue expectations but fell short on earnings, as the company continued integrating its recently completed Kito Crosby acquisition. Shares of the material handling equipment manufacturer rose 1.16% in premarket trading following the release. Earnings Miss Expectations While Revenue Surges For the quarter ended March…
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U.S. Jobless Claims Rise to Four-Month High, Surprising Economists
The number of Americans filing for unemployment benefits for the first time increased unexpectedly last week, signaling a modest softening in the labor market. According to data released Thursday by the U.S. Department of Labor, initial jobless claims rose by 13,000 to 225,000 in the week ended May 30, compared with a revised reading of…
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Broadcom Selloff Points to Weak Start for Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures indicated a softer opening on Thursday, suggesting Wall Street could extend the previous session’s losses as investors react to a sharp decline in Broadcom shares and continue to monitor developments in the Middle East. Technology stocks appeared set to lead the retreat, with Nasdaq 100 futures falling 1.2% ahead of the opening…
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Oil Prices Ease as Israel-Lebanon Ceasefire Tempers Market Concerns
Oil prices moved lower on Thursday, ending a three-day advance, as traders weighed developments in the Middle East against fresh evidence of tightening crude supplies in the United States. Brent crude, the international benchmark, fell 1.5% to $96.30 per barrel, while U.S. West Texas Intermediate (WTI) crude declined 1.2% to $94.84 per barrel. The retreat…
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Gold Gains Ground as Middle East Ceasefire Eases Inflation Concerns and Weakens Dollar
Gold prices moved higher on Thursday, supported by a decline in oil prices and a softer U.S. dollar following renewed ceasefire efforts between Israel and Lebanon, while investors awaited key U.S. employment data for further clues on interest rate policy. By 06:23 ET (10:23 GMT), spot gold had advanced 0.7% to $4,465.24 per ounce, while…
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PVH Shares Sink as Weaker Outlook Overshadows Better-Than-Expected First-Quarter Performance (PVH)
PVH Corp. (NYSE:PVH) came under heavy selling pressure in premarket trading on Thursday, with shares dropping around 22% after investors focused on a more cautious full-year outlook despite a solid first-quarter performance that met or exceeded market expectations. The owner of the Calvin Klein and Tommy Hilfiger brands reported first-quarter revenue of $2.03 billion, slightly…