Category: Latest News
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Nano Labs Shares Surge Following $500 Million Convertible Notes Placement and Crypto Acquisition Plans
Nano Labs (NASDAQ:NA), a provider of Web 3.0 infrastructure, saw its stock price jump 200% after announcing a private placement of $500 million in convertible notes alongside plans to invest significantly in the cryptocurrency BNB. The company, headquartered in China, entered into an agreement with multiple investors to issue convertible promissory notes that mature in…
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Array Technologies Shares Drop Following Announcement of $250 Million Convertible Notes Offering
Array Technologies Inc. (NASDAQ:ARRY) saw its stock decline by 12% on Thursday after the company revealed plans to issue $250 million worth of convertible senior notes due in 2031 through a private placement aimed at qualified institutional investors. The solar tracking systems provider explained that these notes will be senior unsecured debt with interest paid…
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Uber Shares Climb Following Launch of Waymo Autonomous Rides in Atlanta
Uber Technologies Inc (NYSE:UBER) saw its stock gain 2.75% in premarket trading on Tuesday, following the announcement that it has expanded its autonomous ride services to Atlanta in collaboration with Waymo. From today onward, residents of Atlanta can request a Waymo autonomous vehicle directly through the Uber app. This new service builds on the existing…
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Revolution Medicines Secures $2 Billion Flexible Financing Deal with Royalty Pharma
Revolution Medicines, Inc. (NASDAQ:RVMD), a late-stage clinical oncology firm focused on targeted treatments for RAS-driven cancers, announced today a strategic partnership with Royalty Pharma, securing up to $2 billion in flexible capital. This funding is intended to support Revolution Medicines’ independent global development and commercialization efforts. The company will maintain full strategic and operational control…
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Verizon Launches AI-Driven Customer Service Revamp ‘Project 624’
Verizon Communications Inc. (NYSE:VZ) announced a comprehensive revamp of its consumer services on Monday, introducing a range of AI-powered tools, expanded retail presence, and enhanced live agent support designed to transform the customer experience. Named “Project 624,” this initiative marks Verizon’s most ambitious consumer overhaul in recent years, aiming to boost personalization and lower customer…
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Actelis Networks Shares Climb Following Breakthrough Deal with U.S. Telecom Carrier
Shares of Actelis Networks, Inc. (NASDAQ:ASNS) rose 3.1% after the company announced a pivotal order from a major U.S.-based telecommunications provider. The deal involves the deployment of Actelis’ GigaLine 800 and GigaLine 900 solutions to enhance internet access for multi-dwelling units (MDUs)—a key step in expanding the company’s presence in the North American broadband market.…
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JPMorgan Chase Stock Hits Record High Amid Strong Financial Performance
JPMorgan Chase & Co. (NYSE:JPM) has reached a new all-time high, with its share price climbing to $280.50, pushing the financial giant’s market capitalization to $773 billion. Despite the rally, the stock remains attractively valued with a price-to-earnings ratio of 13.6, suggesting further upside potential. Over the past 12 months, JPMorgan shares have delivered an…
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Royal Caribbean Hits Record High as Cruise Industry Momentum Builds
Royal Caribbean Group (NYSE:RCL) has reached a significant new milestone, with its share price soaring to a record $281.15, boosting the company’s market valuation to $74.3 billion. This impressive stock performance reflects renewed investor enthusiasm, as the cruise giant has posted a 79% gain over the past 12 months, signaling a robust comeback for the…
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GE Vernova Reaches Record Stock Price Amid Strong Market Momentum and Upbeat Outlook
GE Vernova LLC (NYSE:GEV) has set a new record on Wall Street, with its stock reaching an all-time high of $506.33, pushing its market capitalization to approximately $136 billion. The company’s shares have seen extraordinary growth, rising 181% over the past 12 months and gaining 44% in just the last six months. This surge reflects…
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Jabil Hits Record High as Strong Earnings and AI Momentum Boost Investor Confidence
Shares of Jabil Inc. (NYSE:JBL) surged to a new all-time high of $209.71, pushing the company’s market valuation to approximately $22.37 billion. This new milestone comes on the back of a remarkable 12-month run in which the stock has appreciated nearly 85%, driven by sustained investor confidence and solid business fundamentals. The Florida-based electronics manufacturer…