Category: Latest News
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Gamehaus Shares Skyrocket Following $5 Million Buyback Program Announcement
Gamehaus Holdings Inc. (NASDAQ:GMHS) saw its stock surge 93% after the company revealed a $5 million share repurchase program approved by its Board of Directors. The mobile game publisher, which focuses on technology-driven gaming experiences, stated that the buyback plan is effective immediately and will continue through August 28, 2026. The program will be funded…
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SMX Shares Surge as Company Offers Free Licensing of Global Plastics Passport
SMX Security Matters (NASDAQ:SMX) saw its stock jump 23.5% after the company announced it will make its Global Plastics Passport technology available for free licensing to support the UN Plastics Treaty. The molecular marking technology firm positions its platform as a complete solution to the global challenge of plastic circularity, aiming to go beyond what…
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Applied Digital Shares Climb After Expanding CoreWeave Lease
Applied Digital (NASDAQ:APLD) shares rose 2.1% following the announcement of an expanded lease agreement with CoreWeave, adding 150MW at its Polaris Forge 1 Campus in North Dakota. With this new lease, Applied Digital’s total expected contracted lease revenue reaches roughly $11 billion, which includes $7 billion from two leases finalized in May. Combined, the three…
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Nukkleus Shares Surge on Aerospace Defense Joint Venture Announcement
Nukkleus Inc. (NASDAQ:NUKK) shares jumped 46% after the company unveiled a strategic joint venture with Israeli firm Mandragola Ltd., targeting modernization projects in commercial and defense aviation infrastructure. The collaboration will create advanced manufacturing hubs in the Baltics and Israel to support both civil and defense aviation requirements. Plans include a NATO-compliant logistics center in…
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NeoGenomics surges as court rules against Natera in patent dispute
Shares of NeoGenomics Inc (NASDAQ:NEO) jumped 25.4% after a North Carolina federal court ruled in its favor in a patent lawsuit filed by Natera Inc (NASDAQ:NTRA), whose stock declined 2.9% following the decision. The District Court for the Middle District of North Carolina granted NeoGenomics’ motion for summary judgment, declaring all of Natera’s asserted patent…
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BeOne Medicines climbs on positive early trial data for sonrotoclax
Shares of BeOne Medicines AG DRC (NASDAQ:ONC) gained 4.4% on Friday after the biotech announced encouraging topline findings from its Phase 1/2 clinical trial of sonrotoclax in patients with relapsed or refractory mantle cell lymphoma (MCL). The study, which included 125 adults who had previously been treated with both a Bruton’s tyrosine kinase inhibitor and…
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Dow Jones, S&P, Nasdaq, Futures Signal Lower Start on Wall Street After Data and Earnings Flow
U.S. equity futures were pointing to a softer open on Friday, suggesting stocks may retreat after a string of gains that recently pushed the S&P 500 to fresh record highs despite volatile sessions. Some traders appeared ready to lock in profits following the market’s resilience. Sentiment was further tested after the Commerce Department released inflation…
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U.S. Consumer Prices Rise in July, Matching Forecasts
Consumer prices in the United States moved higher in July, aligning with economist projections, according to figures released Friday by the Commerce Department. The department reported that its personal consumption expenditures (PCE) price index increased 0.2% in July, following a 0.3% gain in June. The result was consistent with market expectations. On a yearly basis,…
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Crypto Leaders Launch $200M Bitcoin Infrastructure SPAC
A team of cryptocurrency executives has joined forces to raise $200 million for a new blank-check company, seeking to capitalize on the wave of digital asset firms heading to public markets. The newly formed entity, Bitcoin Infrastructure Acquisition Corp. Ltd., is incorporated in the Cayman Islands and filed with regulators on Wednesday to list 20…
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Ed Yardeni questions whether Fed is preparing to fuel an already strong economy
In a note released Friday, Yardeni Research raised concerns that the Federal Reserve might add more stimulus to an economy that is already performing strongly. Ed Yardeni observed: “The bull market in stocks is making everyone who owns stocks richer,” citing Gallup data that showed 62% of Americans held equities at the end of 2024,…