Category: Latest News
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Blaize Stock Jumps on $56 Million Edge AI Deployment in Southeast Asia
Blaize Holdings Inc (NASDAQ:BZAI) shares surged by 9.4% on Monday after the company announced it had secured a significant contract to roll out its edge AI technology across more than 250,000 smart surveillance endpoints throughout Southeast Asia. Valued at approximately $56 million, the contract is expected to generate $6 million in revenue during the second…
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Google Signs Groundbreaking Fusion Energy Deal with Commonwealth Fusion Systems
Alphabet Inc.’s Google (NASDAQ:GOOGL) has entered into a landmark agreement to purchase electricity from a fusion power plant currently under development in Virginia, becoming the first corporation to secure a direct power purchase deal tied to commercial fusion energy. The agreement, announced Monday, involves 200 megawatts of electricity from Commonwealth Fusion Systems (CFS), a company…
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NextNRG Shares Gain on Planned Acquisition of Canadian Fuel Logistics Firm
NextNRG Inc. (NASDAQ:NXXT) shares climbed 6.5% following the announcement of its intention to acquire ReFuel Mobile, a profitable mobile fueling provider based in Ontario, Canada. The deal, outlined in a non-binding letter of intent, would give NextNRG 100% ownership of ReFuel, with payment to be made either in cash or in restricted common shares, depending…
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Joby Aviation Shares Climb After Successful Piloted Test Flights in Dubai
Joby Aviation, Inc. (NYSE:JOBY) saw its stock jump 6.75% after announcing the successful completion of piloted, wingborne vertical takeoff and landing (VTOL) flights in Dubai, a key step in the company’s path to launching commercial operations. The electric air taxi manufacturer delivered its first aircraft to the United Arab Emirates under a strategic collaboration with…
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Avadel Stock Climbs as Appeals Court Backs FDA Approval of LUMRYZ
Shares of Avadel Pharmaceuticals PLC (NASDAQ:AVDL) rose 4.7% following a key legal victory, as a U.S. appeals court unanimously upheld the FDA’s approval of LUMRYZ, the company’s once-nightly treatment for narcolepsy. The decision marks a significant step forward in Avadel’s efforts to solidify its presence in the sleep disorder treatment space. The U.S. Court of…
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BitMine Stock Skyrockets on $250M Private Placement to Back Ethereum Strategy
Shares of BitMine Immersion Technologies (AMEX:BMNR) surged 180% after the company unveiled a $250 million private placement aimed at executing a bold Ethereum-centric treasury strategy. The initiative could position BitMine among the largest publicly traded holders of Ethereum (ETH). The funding round includes the sale of 55,555,556 common shares priced at $4.50 each, targeting gross…
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Moderna Shares Climb on Strong Phase 3 Results for Flu Vaccine Candidate
Moderna Inc (NASDAQ:MRNA) saw its stock rise 3.8% after announcing that its experimental flu vaccine, mRNA-1010, delivered positive results in a Phase 3 clinical trial, showing greater efficacy than standard influenza vaccines. In adults aged 50 and older, the mRNA-based vaccine candidate demonstrated a relative vaccine efficacy of 26.6% against influenza illness when compared to…
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Rocket Pharmaceuticals Shares Gain on FDA Green Light for Gene Therapy Targeting Heart Failure
Shares of Rocket Pharmaceuticals Inc (NASDAQ:RCKT) advanced 2.4% after the company announced that the U.S. Food and Drug Administration has approved its Investigational New Drug (IND) application for RP-A701, a gene therapy aimed at treating BAG3-associated Dilated Cardiomyopathy (DCM). The regulatory green light represents a major development for Rocket’s pipeline of cardiovascular gene therapies. RP-A701…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Point Higher Amid Trade Optimism, Major Indexes Eye Continued Gains
U.S. stock futures are signaling a positive start on Monday, suggesting that equities could extend their gains after a mostly upbeat but volatile session to close last week. The growing optimism around potential trade agreements is fueling the upward trend, as investors anticipate the upcoming deadline for reciprocal U.S. tariffs scheduled for early next month.…
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Tempus AI Shares Drop Following Announcement of $400 Million Convertible Notes Offering
Tempus AI (NASDAQ:TEM) shares declined 2.6% after the precision medicine technology firm revealed plans for a $400 million offering of convertible senior notes due in 2030. The Chicago-based company aims to use part of the proceeds to repay existing term loans, including immediately settling its $275 million 2027 term loan. This repayment is expected to…