Category: Latest News
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Nova Minerals Shares Skyrocket After U.S.-Australia Summit Briefing Request
Nova Minerals Ltd ADR (NASDAQ:NVA) surged 68.5% in premarket trading Tuesday after the company revealed it has been invited by the Australian Ambassador to the United States to provide a briefing on its Estelle Gold and Critical Minerals Project ahead of a high-level bilateral summit. The company will present its Alaska-based project to His Excellency…
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Superm Micro Shares Trim Losses After Launching New Data Center Solutions Business
Super Micro Computer (NASDAQ:SMCI) pared earlier losses to trade down just 0.5% on Tuesday, outperforming a broader tech sector downturn, after unveiling a new business line focused on full-scale data center solutions. The San Jose-based IT infrastructure company introduced Data Center Building Block Solutions (DCBBS), positioning itself as an end-to-end provider for complete data center…
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PotlatchDeltic Shares Surge After Announcing Merger With Rayonier
PotlatchDeltic Corp (NASDAQ:PCH) shares jumped 5.6% in premarket trading Tuesday after the company revealed a definitive all-stock merger agreement with Rayonier (NYSE:RYN), a deal that will create one of the largest timber companies in North America. The merger of equals will establish the second-biggest publicly listed timber and wood products company in the region, with…
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AMD Shares Climb as Oracle Orders 50,000 MI450 Chips; Wolfe Research Lifts Price Target to $300 on AI Momentum
Oracle Corporation (NYSE:ORCL) announced Tuesday that it will deploy 50,000 graphics processors from Advanced Micro Devices (NASDAQ:AMD) starting in the second half of 2026, signaling a growing appetite among cloud providers for alternatives to Nvidia’s AI accelerators. AMD shares jumped more than 3% in premarket trading after the news. Oracle plans to use AMD’s Instinct…
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Albertsons Shares Jump Over 5% After Beating Q2 Earnings and Revenue Estimates
Albertsons Companies, Inc. (NYSE:ACI) saw its stock rise 5.6% in premarket trading on Tuesday after the supermarket chain posted stronger-than-expected second-quarter results, topping analyst forecasts on both earnings and revenue. The grocery retailer reported adjusted earnings of $0.44 per share, beating the consensus estimate of $0.40 by $0.04. Revenue reached $18.92 billion, slightly ahead of…
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Goldman Sachs Beats Q3 Forecasts on Broad-Based Revenue Growth
Goldman Sachs (NYSE:GS) delivered stronger-than-expected third-quarter earnings on Tuesday, though its stock dipped slightly in premarket trading despite the upbeat results. The investment banking powerhouse reported earnings per share of $12.25 for the quarter, topping analyst expectations of $11.02. Total revenue reached $15.18 billion — a 20% increase compared with the same period last year…
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Astria Therapeutics Soars After BioCryst Acquisition Announcement; BioCryst Falls
Astria Therapeutics (NASDAQ:ATXS) saw its shares surge 30% on Tuesday after BioCryst Pharmaceuticals (NASDAQ:BCRX) announced a cash-and-stock acquisition of the company. In contrast, BioCryst’s stock fell 10% following the news. The deal values Astria at approximately $13.00 per share, a 53% premium to its October 13 closing price, and implies an enterprise value of around…
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Cyngn Shares Jump After Deploying Autonomous Tech at G&J Pepsi
Cyngn (NASDAQ:CYN) saw its stock rise 12% on Tuesday after announcing the commercial deployment of its DriveMod Tugger autonomous vehicle technology with G&J Pepsi, the largest independent Pepsi bottler in the United States. The partnership signals Cyngn’s push into material handling for consumer-packaged goods, further expanding the use of its autonomous technology across multiple industries.…
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Wells Fargo Shares Climb After Q3 Results Beat Expectations
Wells Fargo (NYSE:WFC) reported stronger-than-expected third-quarter earnings on Friday, with solid revenue growth across both its consumer and commercial divisions pushing shares up more than 3% in premarket U.S. trading on Tuesday. The banking giant posted earnings per share of $1.66 and revenue of $21.44 billion, surpassing analyst expectations of $21.16 billion. While net interest…
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FB Financial Rises 3% After Beating Q3 Earnings Forecasts on Strong Margin Expansion
FB Financial Corporation (NYSE:FBK) reported third-quarter adjusted earnings on Tuesday that surpassed Wall Street estimates, fueled by robust margin growth and the successful integration of Southern States Bancshares. Shares of the parent company of FirstBank climbed 3% in premarket trading following the announcement. The Tennessee-based lender posted adjusted earnings of $1.07 per share, ahead of…