Category: Latest News
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Dow, S&P 500 Give Back Ground But Nasdaq Moves Modestly Higher
Stocks fluctuated over the course of the trading day on Wednesday before eventually ending the relatively lackluster session mixed. While the Dow and the S&P 500 gave back ground after a positive start to the first full trading week of the new year, the tech-heavy Nasdaq showed a modest move to the upside. The Nasdaq…
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Boeing shares edge higher after Alaska Airlines announces record aircraft order
Shares of Boeing (NYSE:BA) rose about 1.4% on Wednesday after Alaska Airlines revealed the largest fleet purchase in its history, committing to 105 Boeing 737-10 jets and five 787 widebody aircraft. The agreement extends Alaska’s delivery schedule through 2035 and also includes options for a further 35 737-10 aircraft. Following the announcement, shares in Alaska…
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Joby Aviation expands manufacturing footprint with second Ohio facility
Joby Aviation Inc. (NYSE:JOBY) has agreed to acquire a large manufacturing site in the Dayton, Ohio area, adding more than 700,000 square feet of space to its production network. The electric air taxi developer said the new facility will help support its goal of doubling output to four aircraft per month by 2027. According to…
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GameStop shares climb after unveiling performance-linked pay plan for CEO Cohen
Shares of GameStop Corp (NYSE:GME) rose about 3.6% in premarket trading on Wednesday after the company disclosed a new compensation structure for Chairman and Chief Executive Officer Ryan Cohen, tying his pay entirely to ambitious growth and profitability targets. The video game retailer said Cohen’s compensation is “100% at-risk,” with no fixed salary, cash bonuses…
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Innovative Eyewear shares surge on strong Q4 sales growth and insider buying plans
Shares of Innovative Eyewear Inc (NASDAQ:LUCY) jumped about 38% in premarket trading on Wednesday after the company reported a sharp increase in fourth-quarter sales, with preliminary figures pointing to year-on-year growth of roughly 45%. The smart eyewear manufacturer, which designs products under brands such as Lucyd, Reebok and Nautica, said revenue for the fourth quarter…
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Hyperscale Data shares jump after publishing preliminary asset valuations
Shares of Hyperscale Data, Inc. (AMEX:GPUS) climbed about 14% in premarket trading on Wednesday after the company released early estimates of its total assets and net asset value per share as of December 31, 2025. The AI-focused data center operator, which describes itself as an “AI data center company anchored by Bitcoin,” said it estimates…
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Curis shares jump after lining up up to $80.8m in private placement financing
Shares of Curis Inc (NASDAQ:CRIS) surged around 19% in premarket trading on Wednesday after the biotech group said it has entered into a private placement that could raise gross proceeds of up to $80.8 million. The financing, backed by healthcare-focused institutional investors alongside company insiders, is expected to generate initial gross proceeds of roughly $20.2…
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Micron to launch construction of $100bn New York semiconductor megafab
Micron Technology Inc. (NASDAQ:MU) said it will officially break ground on January 16, 2026, for its new semiconductor manufacturing complex in Onondaga County, New York, marking a $100 billion investment that the company describes as the largest private project ever undertaken in the state. The site is expected to eventually accommodate up to four fabrication…
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Salarius shares jump after rebranding announcement to Decoy Therapeutics
Shares of Salarius Pharmaceuticals Inc (NASDAQ:SLRX) climbed 11.7% in premarket trading on Wednesday after the company said it will rebrand as Decoy Therapeutics Inc. and begin trading under the new ticker symbol “DCOY” from January 8, 2026. The Cambridge, Massachusetts–based group said the name change underscores a strategic pivot toward the development of peptide-conjugate therapeutics,…
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Cardio Diagnostics shares jump after announcing first international expansion into India
Shares of Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) climbed about 9.3% in premarket trading on Wednesday after the company unveiled plans to expand into India, marking its first move beyond the U.S. market. The AI-enabled cardiovascular diagnostics specialist said it has entered into a strategic partnership to introduce its PrecisionCHD blood test in India. The collaboration…