Category: Latest News
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AgriFORCE shares jump after 4 MW mining deal in Alberta
AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) saw its stock surge 12.1% in premarket trading Wednesday following the announcement of a definitive agreement with BlueFlare Energy Solutions to deploy a 4 MW mining infrastructure in Alberta, Canada. This deal, building on a previously announced binding Letter of Intent, is expected to provide roughly 250 Ph/s of hash…
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Shineco shares jump following blockchain alliance with BICC
Shares of Shineco Inc. (NASDAQ:SISI) climbed 6.1% in premarket trading Wednesday after the company announced a strategic partnership with Singapore-based BICC Pte Ltd to jointly promote “on-chain cell assets” across multiple institutions and use cases. The agreement is designed to advance the real-world asset (RWA) ecosystem, moving from technical integration to practical deployment, and to…
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BofA: Intel unlikely to spin off or sell foundry business in next five years
Recent capital infusions into Intel (NASDAQ:INTC) have strengthened the company’s balance sheet, but they also make a near-term sale or spin-off of its foundry operations improbable, according to Bank of America analysts. Intel recently secured $2 billion in equity from SoftBank at $23 per share and $8.9 billion from the U.S. government, representing a 9.9%…
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Why Nvidia’s Earnings Matter So Much
Nvidia’s (NASDAQ:NVDA) quarterly report, due after today’s market close, could have significant implications not only for the tech sector but for the broader equity market, according to Sevens Report Research. “Arguably the most important event of the month comes after the close today via NVDA earnings, as that stock has led the entire AI-enthusiasm rally…
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SunCar Technology shares jump as company strengthens NIO collaboration
Shares of SunCar Technology Group Inc (NASDAQ:SDA) surged 9.8% in premarket trading Wednesday after the company announced an expanded strategic partnership with Chinese EV manufacturer NIO Inc (NYSE:NIO). The cloud-based automotive insurance and services firm revealed that it has entered a new stage of cooperation with NIO, building on a relationship that began in 2020.…
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Firefly Aerospace shares climb after FAA approves resumption of launches
Shares of Firefly Aerospace Inc (NASDAQ:FLY) rose 2.6% after the company received clearance from the Federal Aviation Administration (FAA) to resume launches of its Alpha rocket, following a mishap on April 29, 2025. Firefly carried out a detailed investigation in coordination with the FAA and convened an Independent Review Board made up of government representatives,…
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U.S. Treasury Secretary slams Boeing strategy, warns of long-term impact
U.S. Treasury Secretary Scott Bessent criticized Boeing Co (NYSE:BA) on Wednesday, arguing that the aerospace giant’s focus on stock buybacks over research and development has left the company “crippled for several years” despite its historic reputation. Boeing has faced ongoing challenges that have undermined investor confidence and complicated operations. The company continues to deal with…
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Canada Goose shares jump on potential take-private bids
Shares of Canada Goose Holdings (NYSE:GOOS) surged 16% on Wednesday after a CNBC report indicated that the luxury outerwear company has received bids to go private, with a valuation near $1.35 billion. Sources familiar with the matter said Bain Capital, Canada Goose’s controlling shareholder, is exploring a sale of its stake and has received proposals…
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Aspen Insurance shares jump after Sompo’s $3.5B takeover proposal
Shares of Aspen Insurance Holdings Limited (NYSE:AHL) surged 12% after Japanese insurer Sompo Holdings revealed plans to acquire the specialty insurer for $3.5 billion in cash, representing a substantial premium over its recent trading levels. Sompo will pay $37.50 per share for Aspen’s outstanding Class A ordinary shares, a 35.6% premium over Aspen’s unaffected share…
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Abercrombie & Fitch shares jump as Q2 earnings beat estimates, full-year revenue outlook raised
Abercrombie & Fitch Co. (NYSE:ANF) saw its stock rise after reporting stronger-than-expected second-quarter results on Tuesday. Revenue reached a record $1.2 billion, prompting the retailer to lift its full-year sales guidance despite ongoing tariff challenges. The company posted adjusted earnings of $2.32 per share, surpassing analyst estimates of $2.27. Year-over-year revenue increased 7%, topping the…