Category: Latest News
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Aqua Metals shares jump on multi-year supply pact with 6K Energy
Shares of Aqua Metals, Inc. (NASDAQ:AQMS) climbed about 20% after the sustainable battery metals recycler announced it had entered into a multi-year Material Supply Agreement (MSA) with 6K Energy, a U.S. manufacturer of advanced cathode active materials. The agreement outlines a framework under which Aqua Metals will supply battery-grade nickel metal and lithium carbonate produced…
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U.S. equities set for potential further losses at the open: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures are signaling a slightly weaker start to Wednesday’s session, pointing to the possibility of additional declines after the sharp sell-off seen a day earlier. Investor sentiment remains fragile amid fears of an escalating trade dispute between the United States and Europe, sparked by President Donald Trump’s push to secure control of…
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Ally Financial slides as investors zero in on softness in auto lending
Ally Financial Inc. (NYSE:ALLY) reported fourth-quarter adjusted earnings that came in ahead of expectations on Wednesday, but its shares moved lower as investors focused on continued pressure in the company’s auto finance business. The stock fell 3.35% in premarket trading following the results. The digital bank and auto lender posted adjusted earnings per share of…
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Charles Schwab posts in-line Q4 earnings as shares slide despite record revenue
The Charles Schwab Corporation (NYSE:SCHW) reported fourth-quarter results that met market expectations, but its shares fell about 3% as investors reacted cautiously to the broadly in-line performance, even as revenue hit a new record. The group delivered adjusted earnings per share of $1.39 for the quarter, exactly matching analyst forecasts. Revenue came in at a…
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Wintrust Financial posts record Q4 profit, beating market forecasts
Wintrust Financial Corporation (NASDAQ:WTFC) reported record results for the fourth quarter on Tuesday, with net income climbing to $223 million, or $3.15 per diluted share, comfortably ahead of analysts’ expectations of $2.93. Quarterly revenue reached $714.26 million, also topping the consensus forecast of $701.8 million. The financial services group benefited from record net interest income…
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Venus Concept to exit NASDAQ and end SEC reporting obligations
Venus Concept Inc. (NASDAQ:VERO) said it will voluntarily delist its common shares from the NASDAQ Capital Market and deregister with the U.S. Securities and Exchange Commission. The company noted that it remains compliant with NASDAQ listing standards, but said its board concluded that the cost and resource burden associated with ongoing SEC reporting outweigh the…
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Old National Bancorp tops Q4 profit forecasts despite softer revenue
Old National Bancorp (NASDAQ:ONB) reported fourth-quarter results on Wednesday that beat earnings expectations, even as revenue came in below market forecasts. The Indiana-based lender posted adjusted earnings per share of $0.62, ahead of the $0.59 consensus estimate. Revenue totaled $690.59 million, missing analysts’ expectations of $706.14 million. Shares slipped modestly following the release, edging down…
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Travelers delivers strong Q4 beat as earnings reach $11.13 per share
Travelers Companies (NYSE:TRV) posted a robust set of fourth-quarter results on Wednesday, with both earnings and revenue coming in well ahead of market expectations. Despite the strong performance, the insurer’s shares were little changed in premarket trading, edging up just 0.01%. For the quarter, Travelers reported adjusted earnings of $11.13 per share, comfortably surpassing the…
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Teledyne Technologies tops Q4 forecasts, issues upbeat outlook as shares tick higher
Teledyne Technologies Incorporated (NYSE:TDY) reported fourth-quarter results on Wednesday that came in ahead of market expectations, supported by robust defense demand and a continued recovery across its commercial operations. Shares of the imaging and aerospace technology group rose about 1.55% in premarket trading following the update. Teledyne posted adjusted earnings of $6.30 per share, beating…
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Brand Engagement Network rallies after announcing $2m Africa-focused AI partnership
Shares of Brand Engagement Network, Inc. (NASDAQ:BNAI) jumped about 55% on Wednesday after the company unveiled a new artificial intelligence licensing agreement in Africa valued at just over $2 million. The agreement, signed with Valio Technologies, creates an exclusive AI licensing structure targeting both government and commercial customers across the African continent. As part of…