Category: Latest News
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Honeywell teams up with Redwire to develop quantum-secured satellite communications
Honeywell (NASDAQ:HON) has entered into a Memorandum of Understanding (MOU) with Redwire Corporation (NYSE:RDW) to advance satellite communication systems secured through quantum technology, as part of a project supported by the European Space Agency. The agreement represents a significant step for the Quantum Key Distribution Satellite (QKDSat) consortium, which Honeywell has led since its inception…
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Sidus Space shares plunge following public offering pricing
Shares of Sidus Space Inc (NASDAQ:SIDU) fell 25% on Monday after the space and defense technology firm announced the pricing of a public offering of 9.8 million Class A common shares at $1.00 per share. The Cape Canaveral, Florida-based company expects the offering to generate approximately $9.8 million in gross proceeds, before deducting fees for…
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California Resources to buy Berry in $717M all-stock transaction; Berry shares jump
California Resources Corporation (NYSE:CRC) announced Monday that it plans to acquire Berry Corporation (NASDAQ:BRY) in an all-stock deal that values the oil producer at roughly $717 million, including net debt. Following the news, Berry’s shares jumped 14.2% in premarket trading. Under the terms of the agreement, Berry shareholders will receive 0.0718 CRC shares for each…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. stocks inch higher ahead of crucial Fed rate decision; Nvidia dips
U.S. equities moved slightly upward Monday, building on recent gains as investors await the conclusion of the Federal Reserve’s policy meeting later this week. By 09:35 ET, the Dow Jones Industrial Average had added 45 points, or 0.1%, the S&P 500 rose 23 points, or 0.4%, and the Nasdaq Composite climbed 130 points, or 0.6%.…
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CoreWeave shares jump after $6.3 billion cloud capacity pact with NVIDIA
CoreWeave (NASDAQ:CRWV) saw its stock rise 9% Monday morning following news of a major cloud computing agreement with NVIDIA Corporation (NASDAQ:NVDA). In a filing with the SEC, CoreWeave revealed that on September 9, 2025, it executed a new order form under its existing Master Services Agreement with NVIDIA. Valued at $6.3 billion, the deal allows…
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Trump announces TikTok agreement, shaking U.S. social media stocks
Shares of U.S. social media companies reacted on Monday after President Donald Trump announced that a deal regarding TikTok had been reached. Trump shared the news on Truth Social, saying: “The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal…
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ECD Automotive Design shares plummet after 1-for-40 reverse split
ECD Automotive Design Inc. (NASDAQ:ECDA) shares fell 33.7% in premarket trading on Monday following the company’s announcement of a 1-for-40 reverse stock split. The reverse split, set to take effect at the market open on September 18, 2025, is designed to increase the stock’s per-share price to comply with Nasdaq’s $1.00 minimum bid requirement for…
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Hesai shares rise after $40M robotaxi lidar deal expansion
Hesai Group (NASDAQ:HSAI) shares climbed 4.4% in premarket trading on Monday after the lidar technology firm announced an expanded production agreement with a leading U.S.-based robotaxi operator, now valued at over $40 million. The contract covers lidar deliveries through the end of 2026, with Hesai designated as the exclusive provider of both long-range and short-range…
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Helius Medical stock surges 220% after pivot to SOL-backed treasury strategy
Helius Medical Technologies Inc (NASDAQ:HSDT) shares jumped 220% in premarket trading on Monday following the announcement of a strategic shift to operate as a Solana blockchain-focused treasury vehicle. The company has launched an oversubscribed private investment in public equity (PIPE) offering, potentially raising over $1.25 billion. The PIPE itself accounts for more than $500 million…
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Check-Cap stock surges on merger deal with MBody AI
Check-Cap Ltd. (NASDAQ:CHEK) shares jumped 360% in premarket trading on Monday after the company revealed it had entered a definitive merger agreement with MBody AI. The deal will establish a combined entity focused on embodied AI for the autonomous workforce, while Check-Cap’s existing operations will continue their R&D activities within the new organization. Under the…