Category: Latest News
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Palo Alto Networks Launches AI-Powered Continuous Security Testing Service
Palo Alto Networks (NASDAQ:PANW) has introduced Unit 42 Continuous Frontier AI Defense, a cybersecurity service designed to identify vulnerabilities and provide remediation guidance through continuous AI-powered testing. The service combines AI models from Anthropic and OpenAI within a proprietary multi-model system, allowing different security tasks to be assigned to the model considered most suitable. According…
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SoFi Shares Rise 3% as Bank Launches Stablecoin Settlement on Mastercard Network
SoFi Technologies (NASDAQ:SOFI) shares gained 3% on Tuesday after the company announced that SoFi Bank had become the first nationally chartered US bank to introduce live stablecoin settlement across Mastercard’s global payments network. The bank is migrating its entire debit and credit card programme to blockchain-based settlement using SoFiUSD, its US dollar-backed stablecoin. According to…
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Gorilla Technology Secures Multi-Year Taiwan AI Contract Worth Tens of Millions of Dollars
Gorilla Technology Group (NASDAQ:GRRR) has secured a multi-year contract worth tens of millions of dollars to expand artificial intelligence and analytics infrastructure for an existing government customer in Taiwan. The London-headquartered company said the agreement covers intelligence data integration, AI-powered analytics and accelerated computing infrastructure for an unnamed criminal investigation bureau. Gorilla described the customer…
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Roche Obesity Drug Enicepatide Delivers 15.5% Weight Loss in Phase 2 Diabetes Trial
Roche (USOTC:RHHBY) has reported positive results from a mid-stage clinical trial of its experimental obesity treatment enicepatide, with patients who have type 2 diabetes achieving average weight loss of 15.5% alongside improvements in blood sugar control. The Swiss pharmaceutical company said the once-weekly injectable treatment met both primary endpoints in the study, which evaluated its…
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Thor Industries Shares Fall 2% as Q4 Earnings Miss Estimates Despite Revenue Beat
Thor Industries (NYSE:THO) shares declined 2.06% in premarket trading on Tuesday after the recreational vehicle manufacturer reported fourth-quarter earnings below analyst expectations, despite revenue exceeding forecasts. The company posted adjusted earnings per share of $0.78 for the quarter ended 31 July 2026, missing the analyst consensus of $0.91 by $0.13. Revenue reached $2.31 billion, ahead…
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Celldex Shares Rise 8% as Barzolvolimab Meets Primary Endpoints in Two Phase 3 Trials
Celldex Therapeutics (NASDAQ:CLDX) shares gained 8% on Tuesday after the company reported positive topline results from two Phase 3 trials evaluating barzolvolimab in patients with chronic spontaneous urticaria (CSU). Both EMBARQ-CSU1 and EMBARQ-CSU2 met their primary endpoints and all key secondary endpoints, demonstrating statistically significant improvements in disease activity compared with placebo. The trials form…
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Viking Therapeutics Shares Surge 27% Following VK2735 Weight-Loss Study Results
Viking Therapeutics (NASDAQ:VKTX) shares rose 27% on Tuesday after the company reported positive topline results from a study evaluating maintenance dosing schedules for its investigational obesity treatment VK2735. The San Diego-based biopharmaceutical company said the findings demonstrated the potential for patients to maintain much of their initial weight loss with less frequent injections following a…
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AutoZone Q4 Adjusted Earnings Beat Estimates as Revenue Falls Short of Forecasts
AutoZone (NYSE:AZO) reported fourth-quarter adjusted earnings above analyst expectations, although revenue missed forecasts, sending its shares 2% higher in premarket trading. The automotive parts retailer posted adjusted earnings per share of $56.05 for the quarter ended 29 August 2026, exceeding the analyst consensus of $54.30. Net sales increased 5.6% to $6.6 billion from $6.2 billion…
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BlackBerry Shares Rise 9% as Coretura Selects Alloy Kore for Commercial Vehicle Platform
BlackBerry (NYSE:BB) shares climbed 9% on Tuesday after Coretura selected Alloy Kore, a software platform jointly developed by BlackBerry’s QNX division and Vector, for its software-defined commercial vehicle architecture. The agreement represents the first design win for Alloy Kore, which will serve as the safety-certified software foundation for high-performance computing within Coretura’s vehicle platform. Coretura…
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Gogo and Insitu Complete Satellite Connectivity Integration for Group 3 Uncrewed Aircraft
Gogo (NASDAQ:GOGO) and Insitu, a subsidiary of Boeing, have completed testing and integration of a modified high-speed satellite communications system designed for Group 3 Uncrewed Aerial Systems (UAS). The companies adapted Gogo’s Galileo HDX antenna for installation on Insitu’s Integrator UAS, providing connectivity through Eutelsat’s OneWeb low-Earth orbit satellite network. The integration was completed alongside…