Category: Latest News
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Oracle shares rally on reports of possible TikTok role in U.S.–China deal
Oracle Corporation (NYSE:ORCL) surged 5% in premarket trading Tuesday following a CBS News report that the company is part of a group of firms positioned to help secure TikTok’s continued presence in the United States, should Washington and Beijing finalize a framework agreement. Details of the potential arrangement remain uncertain, with sources telling CBS that…
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Ispire Technology stock slips after steep earnings miss despite revenue beat
Ispire Technology Inc. (NASDAQ:ISPR), a maker of vaping technology and precision dosing systems, reported disappointing fourth-quarter results on Tuesday, with losses overshadowing stronger-than-expected revenue. Shares dropped 2.62% in after-hours trading after the release. For the quarter ended June 30, 2025, the company posted a net loss of -$0.69 per share, missing analyst forecasts of $0.18…
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The Brand House Collective posts weaker Q2 as sales drop, misses Wall Street forecasts
The Brand House Collective, Inc. (NASDAQ:TBHC) reported second-quarter earnings on Tuesday that fell short of analyst expectations, as revenue slid nearly 12% year-over-year during a transitional period marked by its first Bed Bath & Beyond Home store opening and recent intellectual property deals. Despite the miss, shares ticked up 1.55% in pre-market trading. The home…
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Citi places Ether at $4,300 by year-end, sketches $6,400 bull scenario
Citigroup has set its year-end forecast for Ether (COIN:ETHUSD) at $4,300, with potential outcomes ranging from a bullish $6,400 to a bearish $2,200. The bank applied the same model it uses for Bitcoin, blending network activity, macroeconomic conditions, and ETF inflows to frame its projections. According to Citi, Ether’s valuation is more closely tied to…
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Global fund managers at their highest bullish sentiment since February, BofA survey finds
Fund managers are showing their strongest optimism since February, with low cash holdings and growing confidence in the global economic outlook, according to a Bank of America (BofA) survey. The bank’s analysts, led by Michael Hartnett, noted that concerns over U.S. trade policies triggering a broader economic slowdown are easing. The survey revealed that more…
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Stellantis issues recall for more than 53,000 Alfa Romeo vehicles in the U.S.
Stellantis (NYSE:STLA) announced a recall of 53,849 vehicles in the United States due to potential issues with fuel pumps, according to the National Highway Traffic Safety Administration (NHTSA) on Tuesday. The recall impacts certain Alfa Romeo models, specifically the 2017-2018 Giulia and 2018-2019 Stelvio. The NHTSA indicated that the fuel pumps in the affected vehicles…
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TD Cowen cuts Warner Bros. Discovery rating as takeover speculation fuels rally
TD Cowen has downgraded Warner Bros. Discovery (NASDAQ:WBD) from Buy to Hold, citing that the stock’s recent surge on acquisition rumors has pushed it far above what the firm considers fair value. The bank maintained its price target of $14 per share. “Warner Bros. Discovery shares have surged well beyond our $14 price target following…
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Novo Nordisk’s Wegovy may curb constant food thoughts, study finds; shares climb
New research suggests that Novo Nordisk’s (NYSE:NVO) weight-loss medication Wegovy can help patients reduce persistent thoughts about eating, potentially widening the drug’s use beyond just weight management. Novo Nordisk’s U.S.-listed shares jumped 2.6% in premarket trading Tuesday as of 06:32 ET. Presented at a medical conference in Austria, the findings showed that patients taking Wegovy…
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SPAC News From The Last Seven Days
The Last Week’s Deals Churchill Capital Corp X (NASDAQ:CCCX) reported a deal to acquire neutral atom–based quantum technology company Infleqtion. The deal, which reflects an equity value of $1.8bn, includes a $127mm PIPE led by Maverick Capital, Counterpoint Global (Morgan Stanley), and Glynn Capital. No timeline for closing was given. Vine Hill Capital Investment Corp.…
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Dollar slips as Fed meeting, retail data take center stage; euro strengthens
The U.S. dollar fell to a two-month low on Tuesday as investors positioned ahead of the Federal Reserve’s upcoming policy decision and the release of August retail sales data. By 04:25 ET (08:25 GMT), the Dollar Index, which measures the greenback against six major currencies, dipped 0.2% to 96.727, its weakest level since July. Dollar…