Category: Latest News

  • AMD shares dip after Erste Group lowers rating to Hold

    AMD shares dip after Erste Group lowers rating to Hold

    Advanced Micro Devices (NASDAQ:AMD) saw its stock fall 1% Thursday morning after Erste Group analyst Hans Engel downgraded the semiconductor firm from Buy to Hold. Engel cited concerns over AMD’s operating margins, noting they are “lower than the sector average.” He also highlighted that the company’s EBIT margin “was even slightly negative in the last…

  • Sky Quarry taps co-founder Marcus Laun as interim CEO

    Sky Quarry taps co-founder Marcus Laun as interim CEO

    Sky Quarry Inc. (NASDAQ:SKYQ) announced on September 11 that co-founder Marcus Laun has been appointed interim chief executive officer. Laun has more than 25 years of experience in capital markets and has held senior finance roles while advising on projects tied to digital assets, including tokenization and exchange development. In his interim role, he will…

  • Kroger lifts outlook after topping Q2 profit forecasts

    Kroger lifts outlook after topping Q2 profit forecasts

    Kroger Co. (NYSE:KR) delivered second-quarter earnings that outpaced Wall Street expectations, supported by stronger identical sales growth and higher margins, prompting the grocer to raise its full-year guidance. Adjusted earnings per share came in at $1.04, ahead of the consensus estimate of $0.99. Revenue reached $33.9 billion, just shy of analyst projections of $34.05 billion.…

  • Micron shares advance as Citi lifts price target before earnings

    Micron shares advance as Citi lifts price target before earnings

    Micron Technology (NASDAQ:MU) gained 3.6% in premarket trading Thursday after Citi analyst Christopher Danely raised his price target on the memory-chip manufacturer to $175 from $150 while reiterating a Buy rating. The revised target implies roughly 25% upside from current levels and comes just ahead of Micron’s fiscal fourth-quarter earnings release, scheduled for September 23.…

  • Amesite stock doubles as NurseMagic™ drives 63% revenue growth

    Amesite stock doubles as NurseMagic™ drives 63% revenue growth

    Shares of Amesite Inc. (NASDAQ:AMST) jumped 100% after the company reported a 63% revenue increase for its NurseMagic™ platform, fueled by the rollout of its census-based Enterprise subscription model. The AI-driven enterprise solutions provider said Enterprise sales have now overtaken its B2C business, reflecting stronger adoption among post-acute care providers seeking scalable tools to secure…

  • Silexion shares skyrocket 400% after encouraging pancreatic cancer drug results

    Silexion shares skyrocket 400% after encouraging pancreatic cancer drug results

    Silexion Therapeutics Corp. (NASDAQ:SLXN) saw its stock surge 400% after unveiling positive preclinical findings for its investigational pancreatic cancer therapy, SIL204. The data showed the drug successfully reached multiple metastatic sites following systemic administration. The biotechnology company, which is developing RNA interference treatments targeting KRAS-driven cancers, reported that a subcutaneous dose of SIL204 reached all…

  • Centene shares advance after confirming upbeat 2025 earnings outlook

    Centene shares advance after confirming upbeat 2025 earnings outlook

    Centene Corporation (NYSE:CNC) saw its stock climb 4% in pre-market trading on Thursday after the U.S. health insurer reaffirmed guidance for 2025 earnings that remain comfortably ahead of Wall Street projections. The company reiterated that it expects to generate roughly $1.75 in adjusted diluted earnings per share for the year, well above the consensus forecast…

  • Global Share Buybacks Set to Hit Record $1.9 Trillion in 2025, JPMorgan Says

    Global Share Buybacks Set to Hit Record $1.9 Trillion in 2025, JPMorgan Says

    Corporate share repurchases worldwide are on track to reach an unprecedented $1.9 trillion in 2025, according to a JPMorgan report published Thursday. The bank highlighted that buyback activity in the first eight months of this year has already matched the total $1.37 trillion executed throughout 2024. This pace translates to a 38% year-on-year increase, far…

  • Figure Technology Secures $787.5 Million in IPO, Nasdaq Debut Set for Thursday

    Figure Technology Secures $787.5 Million in IPO, Nasdaq Debut Set for Thursday

    Figure Technology, a stablecoin issuer, successfully raised $787.5 million in its initial public offering on Wednesday, with shares priced above the company’s recently revised range. The New York-based firm, along with some existing investors, sold 31.5 million shares at $25 apiece, surpassing the $20–$22 range set earlier. This places Figure’s market valuation at approximately $5.29…

  • Firearm Stocks Surge Following Kirk Shooting; Smith & Wesson and GrabAGun Lead Gains

    Firearm Stocks Surge Following Kirk Shooting; Smith & Wesson and GrabAGun Lead Gains

    Shares of gun manufacturers and retailers climbed in early trading Thursday, extending momentum from the previous session after the fatal shooting of U.S. conservative activist Charlie Kirk on Wednesday. Smith & Wesson Brands (NASDAQ:SWBI) saw its stock rise more than 4% in premarket activity, while Outdoor Holding (NASDAQ:POWW) advanced over 3%. GrabAGun (NYSE:PEW), a firearm…