Category: Latest News
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Upland Software Shares Climb After Securing $240 Million Refinancing Deal
Shares of Upland Software Inc. (NASDAQ:UPLD) rose 3.6% after the company announced a major debt refinancing package, securing a $240 million term loan with Sound Point Capital that extends its debt maturity timeline through 2031. The new six-year loan will be used to refinance Upland’s existing obligations, with the agreement also providing a $30 million…
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MicroVision Shares Rise as MOVIA Lidar Gains Compatibility With NVIDIA DRIVE Platform
Shares of MicroVision Inc. (NASDAQ:MVIS) climbed 4% after the company revealed that its MOVIA lidar system is now compatible with NVIDIA’s DRIVE AGX platform, a major AI computing platform used in the development of autonomous vehicles. This integration enables automotive companies to adopt MicroVision’s perception-enhanced lidar sensors more easily by utilizing NVIDIA’s established software stack.…
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Oriental Rise Shares Dip Following Non-Binding Acquisition Proposal
Shares of Oriental Rise Holdings Ltd (NASDAQ:ORIS) declined by 5% after the Chinese tea products company disclosed that it has signed a non-binding letter of intent (LOI) to acquire two fellow tea distributors operating within China. Under the proposed deal, Oriental Rise aims to acquire full ownership of Fujian Daohe Tea Technology Co., Ltd. and…
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Ostin Technology Group Shares Slide After Revealing 1-for-25 Reverse Stock Split
Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST) fell 10% after the Chinese manufacturer of display modules and polarizers announced a 1-for-25 reverse stock split set to take effect on August 5, 2025. Despite the adjustment, the company’s stock will continue trading under its current ticker symbol, “OST.” Approved by shareholders during a special meeting…
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Tillys Shares Gain Following CEO Appointment of Nate Smith
Shares of Tillys Inc (NYSE:TLYS) climbed 3.6% on Monday after the youth-focused apparel retailer named Nate Smith as its new President and Chief Executive Officer, with the transition taking effect on August 18, 2025. Smith, who currently leads Marolina Outdoor, Inc. as CEO, will also take a seat on Tillys’ Board of Directors. The leadership…
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Gilead Shares Slip on Reports of Planned Dismissal of Preventive Health Panel
Shares of Gilead Sciences (NASDAQ:GILD) dropped 2.8% Monday morning after reports emerged that U.S. Health and Human Services Secretary Robert F. Kennedy Jr. intends to dismiss all 16 members of a prominent advisory panel that guides insurance coverage for preventive healthcare, including HIV medications produced by Gilead. According to The Wall Street Journal, Kennedy views…
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Opendoor Shares Rally as Reverse Split Vote Postponed
Shares of Opendoor Technologies Inc. (NASDAQ:OPEN) rose 6.3% in premarket trading Monday after the company announced it is delaying a vote on proposed reverse stock split measures. The special stockholder meeting, initially scheduled for July 28, has been rescheduled to August 27, 2025. The real estate tech firm said the delay will give its leadership…
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U.S. Stocks Mixed as Investors React to U.S.-EU Trade Deal Ahead of Key Week
U.S. stocks were mixed on Monday as investors took in the news of a new trade agreement between the United States and the European Union, kicking off a crucial week full of earnings reports, economic data, and central bank meetings. As of 9:35 a.m. ET, the Dow Jones Industrial Average was down 10 points (0.1%),…
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Dow Jones, S&P, Nasdaq, U.S. Futures Signal Ongoing Strength as Wall Street Eyes Trade Deals
Futures for major U.S. stock indexes are pointing toward a modestly higher open on Monday, signaling that the recent rally on Wall Street could continue. Investor sentiment has been buoyed by a surprise trade deal reached over the weekend between the U.S. and the European Union, along with indications that the U.S. and China may…
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Mill City shares jump following $450M private placement to build Sui crypto treasury
Mill City Ventures III, Ltd. (NASDAQ:MCVT) saw its stock climb 20% after announcing a $450 million private placement aimed at creating a treasury reserve centered on the Sui blockchain cryptocurrency. The Minnesota-based specialty finance firm intends to allocate roughly 98% of the net proceeds to purchasing SUI tokens, the native currency of the Sui blockchain,…