Category: Latest News
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Silo Pharma Shares Surge Following Fireblocks Partnership for Crypto Treasury
Shares of Silo Pharma Inc (NASDAQ:SILO) jumped 19.9% in premarket trading Tuesday after the company revealed it had partnered with Fireblocks to serve as custodian for its institutional crypto treasury platform. The developmental-stage biopharmaceutical firm, which also manages a cryptocurrency treasury, said the collaboration will ensure its newly launched crypto treasury platform meets enterprise-grade security…
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Professional Diversity Network Shares Jump After Two Board Members Step Down
Shares of Professional Diversity Network Inc (NASDAQ:IPDN) surged 52.8% in premarket trading Tuesday following the news that two members of the company’s board have resigned. In a regulatory filing, the company confirmed that Long Yi and Eloisa Sultan stepped down from their positions as directors effective September 17, 2025. The filing noted that both directors…
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Boxlight Shares Dive After $4 Million Direct Stock Offering Announcement
Shares of Boxlight Corporation (NASDAQ:BOXL) tumbled 34.6% on Tuesday following the company’s announcement of a registered direct offering of common stock, a move that will dilute current shareholders. The educational technology firm plans to sell 1,333,333 shares at $3.00 each to selected institutional investors, aiming to raise roughly $4 million in gross proceeds before accounting…
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SoundHound AI Shares Rise Following Red Lobster AI Ordering Deal
Shares of SoundHound AI (NASDAQ:SOUN) climbed 4% on Tuesday after the company announced a partnership with Red Lobster to roll out AI-powered phone ordering across all its restaurant locations. Under the agreement, SoundHound will provide a voice AI system capable of handling multiple calls at once, taking customer orders, and answering frequently asked questions regarding…
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Caliber Stock Gains After Partnering with Coinbase for Digital Asset Strategy
CaliberCos Inc (NASDAQ:CWD) shares climbed 4.2% in premarket trading on Tuesday following the announcement that the company selected Coinbase Prime as its institutional platform for trading and custody, supporting its Digital Asset Treasury strategy. Through Coinbase Prime, the real estate and digital asset management firm will access liquidity and institutional-grade custody services, leveraging infrastructure trusted…
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Eupraxia Pharmaceuticals Shares Drop After $70 Million Offering Pricing
Eupraxia Pharmaceuticals Inc. (NASDAQ:EPRX) shares fell sharply, tumbling 11% on Tuesday following the announcement of a discounted public offering. The clinical-stage biotech company set the price for 12,727,273 common shares at $5.50 each, aiming to raise roughly $70 million in gross proceeds before accounting for underwriting fees and offering costs. Additionally, underwriters have a 30-day…
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Kingsoft Cloud Shares Drop Following HK$2.8 Billion Share Offering Pricing
Kingsoft Cloud Holdings Limited (NASDAQ:KC) shares declined 3.9% on Tuesday after the Chinese cloud provider announced the pricing for an upsized share placement totaling HK$2.802 billion (around $359 million). The company set the price for 338 million ordinary shares at HK$8.29 each, offering them to non-U.S. investors through offshore transactions. The placement, conducted under Regulation…
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Veritone Shares Rise Following ESPN Audio Licensing Deal
Veritone Inc (NASDAQ:VERI) shares climbed 4% on Tuesday after the AI-focused enterprise announced it had reached a licensing agreement with ESPN to provide access to audio from NCAA Division I Championship events. Under the arrangement, ESPN will be able to generate revenue from its audio archives by granting content creators access to broadcasts of historic…
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U.S. Business Activity Growth Slows in September, Remains in Expansion – S&P Global
Growth in U.S. business activity eased for the second consecutive month in September, largely influenced by tariff-related pressures, yet the overall pace remained within expansionary territory, capping off a resilient third quarter. The flash U.S. Composite Purchasing Managers’ Index (PMI) from S&P Global registered 53.6 for September, down from 54.6 in August. Despite marking a…
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PDF Solutions Shares Climb After Securing Major Semiconductor Contract
PDF Solutions Inc (NASDAQ:PDFS) shares rose 2% after the company revealed a multi-year agreement with a leading global semiconductor manufacturer to implement its eProbe tools, Characterization Vehicle infrastructure, and Exensio analytics software across several high-volume production sites. This new contract builds on a previous partnership and reinforces PDF Solutions’ strategic approach of integrating process characterization…