Category: Latest News

  • AgriFORCE Shares Rise as Crypto Mining Efforts Accelerate in Alberta

    AgriFORCE Shares Rise as Crypto Mining Efforts Accelerate in Alberta

    Shares of AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) climbed 4.8% after the company shared updates on the rapid progress of its Power & Compute Initiative in Alberta, reinforcing its push into the growing digital asset sector. The agtech firm revealed it has mined 8.67 Bitcoin to date, an amount currently valued at around $1.1 million, based…

  • Upexi Shares Jump After Securing $150 Million in Convertible Notes Backed by Solana

    Upexi Shares Jump After Securing $150 Million in Convertible Notes Backed by Solana

    Shares of Upexi, Inc. (NASDAQ:UPXI) climbed 13% on Thursday after the company finalized a $150 million private placement of convertible notes, part of a broader $200 million financing strategy previously outlined by the firm. The notes, which convert at a fixed price of $4.25 per share and mature in 24 months, offer a 2.0% quarterly…

  • Dow Jones, S&P, Nasdaq, Futures Tread Water as Markets Weigh Data, Trump-Fed Tensions, and Earnings

    Dow Jones, S&P, Nasdaq, Futures Tread Water as Markets Weigh Data, Trump-Fed Tensions, and Earnings

    U.S. stock futures were flat in early Thursday trading, signaling a muted open as investors digest a wave of mixed economic data, fresh earnings results, and heightened political drama involving President Donald Trump and Federal Reserve Chair Jerome Powell. After a choppy session on Wednesday that ended with modest gains across major indexes, traders appear…

  • U.S. Jobless Claims Dip Unexpectedly as Retail Sales Surge in June

    U.S. Jobless Claims Dip Unexpectedly as Retail Sales Surge in June

    In a positive surprise for the labor market, new U.S. unemployment claims declined during the week ending July 12, according to fresh data from the Labor Department released Thursday. Initial applications for unemployment benefits dropped by 7,000 to 221,000, down from a revised 228,000 the prior week. This defied economist forecasts, which had anticipated an…

  • Archer-Daniels-Midland shares tumble following Trump’s Coca-Cola sugar announcement

    Archer-Daniels-Midland shares tumble following Trump’s Coca-Cola sugar announcement

    Archer-Daniels-Midland (NYSE:ADM) saw its stock drop as much as 5.6% in premarket trading on Thursday after President Trump announced that Coca-Cola (NYSE: KO) plans to use “real cane sugar” in its soda products sold in the U.S. This potential move away from high-fructose corn syrup could have a significant impact on ADM, a leading processor…

  • ManpowerGroup reports Q2 loss amid goodwill impairment charges

    ManpowerGroup reports Q2 loss amid goodwill impairment charges

    ManpowerGroup (NYSE:MAN) posted a net loss for the second quarter on Wednesday, weighed down by an $89 million non-cash goodwill impairment charge, despite steady revenue performance. For the quarter ending June 30, 2025, the company reported a loss of $1.44 per share, compared to earnings of $1.24 per diluted share in the same period last…

  • Clearside Biomedical shares dip after announcing exploration of strategic alternatives

    Clearside Biomedical shares dip after announcing exploration of strategic alternatives

    Clearside Biomedical, Inc. (NASDAQ:CLSD) saw its stock decline 0.7% Thursday following the company’s announcement that it is exploring strategic alternatives to advance its proprietary Suprachoroidal Space (SCS) delivery platform and ophthalmology pipeline. The biopharma firm has engaged Piper Sandler to assist with the evaluation process, which may involve asset sales, licensing deals, monetization, divestitures, or…

  • Abbott’s Q2 revenue surpasses expectations despite share decline

    Abbott’s Q2 revenue surpasses expectations despite share decline

    Abbott Laboratories (NYSE:ABT) reported second-quarter earnings that modestly beat analyst forecasts, yet the company’s shares dropped 2.5% following the announcement. The healthcare leader posted adjusted earnings per share of $1.26 for the quarter, slightly above the consensus estimate of $1.25. Revenue reached $11.42 billion, well ahead of the $11.07 billion anticipated by analysts, marking a…

  • Micron shares dip following Goldman Sachs downgrade of SK Hynix

    Micron shares dip following Goldman Sachs downgrade of SK Hynix

    Micron Technology (NASDAQ:MU) saw its stock drop 3.9% in pre-market trading on Thursday after Goldman Sachs downgraded SK Hynix (KS:000660), a major competitor in the memory chip industry. This downgrade sent waves through the semiconductor sector. Goldman Sachs analyst Giuni Lee lowered SK Hynix’s rating from Buy to Neutral, resulting in a 9% decline in…

  • Travelers surpasses expectations with strong Q2 results

    Travelers surpasses expectations with strong Q2 results

    Travelers Companies, Inc. (NYSE:TRV) announced robust second-quarter 2025 core income of $1.5 billion, or $6.51 per diluted share, far exceeding analyst forecasts of $3.60 per share. Revenue for the period totaled $12.12 billion, beating the consensus estimate of $11.62 billion. Following the announcement, the insurance giant’s shares saw a slight decline of 0.23% in pre-market…