Category: Latest News
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Kroger shares dip as Amazon pushes deeper into grocery delivery
Kroger Co. (NYSE:KR) stock slid 3% on Wednesday morning following news that Amazon.com Inc. (NASDAQ:AMZN) is making a major push into the grocery sector, a move that could ramp up pressure on established supermarket operators. Amazon announced it has rolled out fresh grocery delivery to over 1,000 cities and towns across the U.S., with a…
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Amazon broadens same-day grocery delivery to more than 1,000 cities
Amazon.com Inc. (NASDAQ:AMZN) is extending its Same-Day Delivery service for fresh groceries to over 1,000 cities and towns, with ambitions to cover more than 2,300 locations by the close of 2025. Customers can now order perishable items—including fresh produce, meat, seafood, dairy, baked goods, and frozen products—alongside millions of other same-day delivery items. Prime members…
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Oil Prices Flat as Traders Await Trump-Putin Meeting
Oil markets were largely unchanged Wednesday as investors weighed the latest U.S. inventory data ahead of a high-stakes meeting between U.S. President Donald Trump and Russian President Vladimir Putin. Brent crude for October ticked up 0.1% to $66.15 per barrel, while West Texas Intermediate (WTI) crude edged down 0.1% to $63.14 per barrel. Both benchmarks…
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Oklo Shares Climb After Securing Three DOE Reactor Pilot Projects
Oklo Inc. (NYSE:OKLO) rose 3.7% following news that the company, along with its subsidiary Atomic Alchemy Inc., has been selected for three U.S. Department of Energy reactor pilot projects. Under the newly launched Reactor Pilot Program, Oklo secured two projects while Atomic Alchemy received one. The initiative aims to achieve criticality in at least three…
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Cognition Therapeutics Shares Surge After FDA Confirms Phase 3 Trial Design
Cognition Therapeutics Inc (NASDAQ:CGTX) saw its stock jump 27% following FDA confirmation that the company’s proposed Phase 3 program for its Alzheimer’s drug candidate could form the basis for a New Drug Application (NDA). The clinical-stage neurodegenerative disease developer received the final minutes from its end-of-Phase 2 meeting with the FDA, held on July 9.…
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Thumzup Shares Gain on Expanded Strategic Partnership with Coinbase
Thumzup Media Corporation (NASDAQ:TZUP) saw its stock climb as much as 3.8% after announcing an expanded strategic partnership with Coinbase (NASDAQ:COIN) to accelerate its cryptocurrency accumulation and mining initiatives. The digital asset company confirmed that Coinbase Prime will continue acting as its custodian and prime broker, offering institutional-grade trading and financing solutions with NYDFS-qualified custody.…
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Scilex Shares Rise After SEC Clears S-4 for Semnur Merger
Scilex Holding Company (NASDAQ:SCLX) saw its stock climb 6.9% after the U.S. Securities and Exchange Commission declared effective the registration statement for its planned merger with Semnur Pharmaceuticals. The company, which specializes in non-opioid pain management treatments, confirmed that the Form S-4 tied to the merger between Denali Capital Acquisition Corp. (NASDAQ:DECAW) and Semnur, a…
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Momentus Shares Skyrocket on NASA Robotics Technology Study Deal
Shares of Momentus Inc. (NASDAQ:MNTS) soared 55% after the U.S. space transportation company revealed it had secured a NASA contract to evaluate sending advanced foundational robotics systems into orbit. The work, awarded under NASA’s Flight Opportunities program, has already been completed for this initial phase. Momentus plans to submit a proposal for a follow-up mission…
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Nayax Stock Rises as Q2 Profit More Than Doubles Analyst Forecasts
Shares of Nayax Ltd. (NASDAQ:NYAX) climbed 2.7% on Wednesday after the global commerce payments and loyalty platform delivered quarterly earnings that far exceeded market expectations, even as revenue came in slightly below forecasts. For the second quarter, Nayax reported earnings per share of $0.31, more than double the consensus estimate of $0.14. Revenue reached $95.6…
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Nexxen Stock Climbs as Strong Data Licensing Pushes Revenue Above Forecasts
Shares of Nexxen International Ltd. (NASDAQ:NEXN) jumped 7.2% on Wednesday after the company posted second-quarter revenue that beat Wall Street expectations, powered by robust growth in data and technology licensing. The advertising technology firm reported revenue of $90.95 million, topping analysts’ consensus estimate of $87.32 million and marking a 3% year-over-year increase. Earnings per share,…