Category: Latest News
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Gorilla Technology shares jump after $1.4B Southeast Asia AI data center deal
Gorilla Technology Group Inc. (NASDAQ:GRRR) saw its stock surge 15% following the announcement of a major $1.4 billion contract with Freyr Singapore to build a network of AI-driven data centers throughout Southeast Asia. The three-year agreement establishes Gorilla as the primary provider of AI infrastructure, operational services, and end-to-end data center intelligence across Indonesia, Malaysia,…
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Vyome shares surge after encouraging preclinical data for eye treatment
Vyome Holdings Inc. (NASDAQ:HIND) stock jumped 55% in premarket trading Wednesday after the company shared promising preclinical study results for its eye inflammation therapy, VT-1908, during the American Society for Pharmacology and Experimental Therapeutics annual meeting. Vyome reported that its topical mycophenolate formulation showed comparable effectiveness to widely used steroids in treating anterior uveitis, the…
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Ascent Solar shares rise on defense-focused partnership with Defiant
Ascent Solar Technologies Inc (NASDAQ:ASTI) stock jumped 8.7% in premarket trading Wednesday after unveiling a strategic collaboration with Defiant Space Corporation aimed at the U.S. defense and national security markets. The alliance will merge Ascent’s flexible, space-proven thin-film photovoltaic technology with Defiant’s expertise in developing specialized space solutions. The partnership seeks to meet the increasing…
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New Era Energy & Digital shares jump on Texas fiber network agreement
New Era Energy & Digital, Inc. (NASDAQ:NUAI) saw its stock climb 11.5% in premarket trading Wednesday after announcing a major fiber network development deal through its joint venture. The company, previously operating as New Era Helium, said Texas Critical Data Centers LLC (TCDC)—its 50/50 joint venture with Sharon AI—signed a Memorandum of Understanding with GlobeLink…
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Snow Lake shares jump after promising uranium drilling results
Snow Lake Resources Ltd. (NASDAQ:LITM) surged 13.8% in premarket trading Wednesday following the release of initial drill results from its Pine Ridge Uranium Project in Wyoming. The uranium exploration firm, operating the project as a 50/50 joint venture with Global Uranium and Enrichment Limited, completed 33 drill holes totaling 12,540 meters. The program revealed several…
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IPM shares surge after reseller deal with AI platform MindsDB
Intelligent Protection Management Corp. (NASDAQ:IPM) saw its stock jump 43% in premarket trading Wednesday following the announcement of a reseller agreement with MindsDB, an open-source AI platform. Under the deal, IPM will become a Starter Minds customer and integrate MindsDB’s technology into its operations to enhance workflow efficiency. MindsDB provides AI analytics tools capable of…
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IonQ shares rise after Vector Atomic acquisition to boost quantum sensing
IonQ Inc. (NYSE:IONQ) saw its stock climb 1.9% in premarket trading Wednesday following the announcement of a definitive agreement to acquire Vector Atomic, a specialist in quantum sensing for positioning, navigation, and timing applications. The all-stock deal is expected to accelerate IonQ’s expansion into the quantum sensing sector while enhancing its full-stack quantum platform. Vector…
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Workday shares surge 8% premarket as Elliott Management reveals $2B stake
Shares of Workday (NASDAQ:WDAY) jumped over 8% in U.S. premarket trading on Wednesday after activist investor Elliott Management disclosed a stake in the cloud-based HR software company valued at more than $2 billion. Elliott expressed confidence in Workday’s leadership, stating the CEO and CFO “have demonstrated effective management in recent years.” The company, which provides…
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Eli Lilly stock climbs as oral diabetes therapy beats Novo Nordisk competitor
Eli Lilly and Company (NYSE:LLY) shares rose 1% on Wednesday after the drugmaker reported that its investigational oral GLP-1 treatment, orforglipron, delivered stronger outcomes than Novo Nordisk’s oral semaglutide in a direct Phase 3 comparison. The 52-week ACHIEVE-3 study followed 1,698 adults with type 2 diabetes. Results showed orforglipron produced more significant reductions in blood…
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Caliber stock jumps after $15.9M preferred equity deal
CaliberCos Inc (NASDAQ:CWD) shares surged 29% in premarket trading Wednesday after the company finalized a $15.9 million securities purchase and launched an At-The-Market (ATM) equity program. The company sold 15,868 Series B Preferred shares at $1,000 each to an institutional investor. These preferred shares are convertible into Caliber common stock at $250 per share, carry…