Category: Latest News

Smithfield Foods Inc. (NASDAQ:SFD) saw its stock drop 5.2% on Wednesday following the announcement that its largest shareholder is conducting a secondary public offering of 16 million shares of the company’s common stock. The American food producer, known for its value-added packaged meats and fresh pork products, will not receive proceeds from the sale, as…

STRATA Skin Sciences Inc. (NASDAQ:SSKN) saw its stock plunge 17.7% on Wednesday after the medical technology firm announced a registered direct offering of common shares to raise approximately $2.42 million. The company, which develops and markets dermatology-focused products, entered into definitive securities purchase agreements with institutional investors for 1,097,547 shares at $2.204 per share. The…

BT Brands Inc. (NASDAQ:BTBD) saw its shares jump 117% in premarket trading Wednesday after announcing a definitive merger deal with Aero Velocity Inc., a provider of advanced drone solutions. The all-stock transaction will reposition BT Brands as a specialist in drone technology and AI-driven solutions for both government and commercial clients. Under the terms of…

Alphabet Inc. (NASDAQ:GOOG) Class C shares reached a new all-time high of $226.43, giving the tech giant a market capitalization of $2.56 trillion. Over the past year, the stock has surged 34.33%, reflecting sustained investor confidence. Analysts continue to issue strong buy recommendations, with the highest price target set at $270. Investors will be watching…

Apple Inc. (NASDAQ:AAPL) shares rose 3.9% in premarket trading Wednesday following a ruling by U.S. District Judge Amit Mehta in the Google antitrust case, which analysts described as highly favorable for the iPhone maker. In a note, Morgan Stanley called the decision “a near best-case scenario” for Apple, adding that the company “can still collect…

Locafy Limited (NASDAQ:LCFY) saw its stock surge 50% after reporting promising initial outcomes from its newly implemented artificial intelligence sales team. The company, a provider of location-based digital marketing solutions, revealed that its pilot AI sales campaign delivered 18 meetings, 130 warm leads, and several proof-of-concept deployments over just four days. The initiative targeted 900…

WhiteFiber Inc. (NASDAQ:WYFI) announced that the underwriters of its initial public offering have exercised the full over-allotment option, purchasing an additional 1,406,250 ordinary shares at $17.00 each, generating roughly $23.9 million in additional gross proceeds. With this exercise, the total number of shares sold in the IPO rises to 10,781,250, increasing total gross proceeds to…

Wave Life Sciences Ltd. (NASDAQ:WVE) saw its stock decline 17% after providing an update from its ongoing RestorAATion-2 trial of WVE-006 for Alpha-1 Antitrypsin Deficiency (AATD). The clinical-stage biotech company reported that its RNA editing oligonucleotide achieved sustained production of serum AAT protein at levels linked to reduced risk of AATD-related liver and lung disease…

Sprinklr (NYSE:CXM) posted mixed results for its second quarter, falling short on profit expectations while revenue exceeded forecasts. The company also provided optimistic guidance for the third quarter and full fiscal year. Despite the revenue beat, Sprinklr shares fell 1.4% in premarket trading Wednesday. The company reported non-GAAP diluted EPS of $0.08, below analyst expectations…

Campbell’s Company (NASDAQ:CPB) saw its shares rise 2.2% in premarket trading after reporting better-than-expected fourth-quarter results, despite challenges from tariffs and inflation. The company posted adjusted earnings of $0.62 per share for the quarter, exceeding analyst expectations of $0.56. Revenue reached $2.32 billion, slightly below the consensus estimate of $2.33 billion. The quarter included an…