Category: Latest News

Chemours (NYSE:CC) shares rose 6% on Thursday after the company announced a settlement with the State of North Carolina and 11 local entities covering PFAS-related claims. The agreement resolves litigation concerning PFAS and other historical discharges from the Fayetteville Works facility, as well as claims involving alleged PFAS contamination unrelated to the site, including the…

Core Scientific, Inc. (NASDAQ:CORZ) said it received conditional approvals from the Electric Reliability Council of Texas for electrical power capacity across its data centre sites in Denton, Pecos and Hunt, Texas. At the Denton site, 297 megawatts of existing electrical power received conditional approval as “Base Load, Pathway (a),” covering longstanding load energised before March…

JetBlue Airways Corporation (NASDAQ:JBLU) shares fell 3% on Thursday morning after the airline raised its third-quarter 2026 revenue outlook while increasing its forecasts for operating and fuel costs. JetBlue now expects revenue per available seat mile (RASM) to increase 17.0% to 20.0% year over year, compared with its previous forecast of 12.5% to 16.5%. The…

Biohaven Ltd. (NYSE:BHVN) shares fell 17% on Thursday morning after the company paused new patient enrolment in clinical trials of BHV-7000 following a partial clinical hold from the U.S. Food and Drug Administration. According to a company filing, the FDA requested additional nonclinical studies concerning a specific BHV-7000 metabolite observed in rodent testing. The agency…

Rackspace Technology (NASDAQ:RXT) shares rose 13% on Thursday morning after the company said it joined the NVIDIA Cloud Partner Program and plans to offer NVIDIA Blackwell-powered artificial intelligence infrastructure for regulated enterprises and governments. Under the collaboration, Rackspace will combine NVIDIA accelerated computing with Palantir software and governed private-cloud infrastructure. Rackspace will operate the environment…

MasterCraft Boat Holdings Inc. (NASDAQ:MCFT) shares rose 6.49% in premarket trading Thursday after the company reported fourth-quarter adjusted earnings and revenue above analyst estimates. Adjusted earnings per share were $0.67, compared with the consensus estimate of $0.64. Revenue increased 63% year over year to $129.9 million, above the $93.04 million analyst estimate. Revenue increased by…

Bending Spoons S.p.A. (NASDAQ:BSP) said Thursday it entered into a definitive agreement to acquire digital collaboration platform Miro in an all-cash transaction valuing the company at an enterprise value of $1.355 billion. Including Miro’s net cash, the transaction values its equity at approximately $1.79 billion. Certain Miro shareholders have agreed to reinvest $295 million of…

Freeport-McMoRan (NYSE:FCX) shares fell more than 5% in premarket trading on Thursday as copper prices moved lower after reaching a record high earlier in the session. Three-month copper on the London Metal Exchange declined 0.2% to $14,743 per metric ton after touching an all-time high of $14,875. The pullback followed five consecutive sessions of gains…

The Organization of the Petroleum Exporting Countries lowered its forecast for global oil demand growth in 2026 to 380,000 barrels per day, according to its latest monthly report. The revision marked the fifth consecutive month in which OPEC has reduced its 2026 oil demand growth forecast. OPEC’s outlook remains above that of the International Energy…

Snap Inc. (NYSE:SNAP) launched new event-planning features on Thursday that allow Snapchat users to organise gatherings, send invitations and manage responses within the app. The new Snapchat Plans feature is designed for organising activities ranging from birthday parties to study sessions. Snap said about a third of young Snapchat users in the U.S. make plans…