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Wellchange Holdings to enact 1-for-50 reverse stock split on March 6
Wellchange Holdings Company Limited (NASDAQ:WCT), a Hong Kong-based enterprise software and SaaS provider, announced plans to implement a 1-for-50 reverse stock split of its Class A and Class B ordinary shares. The company’s board approved the move on January 28, 2026, following shareholder authorization granted during a meeting held on August 7, 2025. The reverse…
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Tevogen Bio to implement 1-for-50 reverse stock split to regain Nasdaq compliance
Tevogen Bio Holdings Inc. (NASDAQ:TVGN) announced that it will carry out a 1-for-50 reverse stock split of its common shares after filing a Certificate of Amendment in Delaware on March 3, 2026. The split is scheduled to take effect on March 6, 2026, following shareholder approval granted on February 19. The action will consolidate the…
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CoreWeave shares gain after multi-year AI partnership with Perplexity
CoreWeave (NASDAQ:CRWV) shares rose about 4% on Wednesday after the company announced a multi-year strategic agreement with Perplexity to support artificial intelligence inference workloads on its cloud infrastructure. Under the partnership, Perplexity will run its next-generation inference workloads on CoreWeave’s platform using dedicated clusters powered by NVIDIA GB200 NVL72 systems. The collaboration is intended to…
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VCI Global stock jumps 40% after launching Malaysia’s first NVIDIA-powered AI computing center
VCI Global Limited (NASDAQ:VCIG) shares surged 40% on Tuesday after the company announced that its subsidiary V Gallant had launched Malaysia’s first AI GPU Computing Center powered by NVIDIA technology, alongside the rollout of its Intelli-X Enterprise LLM platform. The new facility began operations on Monday, positioning VCI Global as an early entrant in the…
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SCHMID Group stock jumps 23% after first null Line H+ system delivery
SCHMID Group (NASDAQ:SHMD) shares surged 23% on Wednesday after the company announced the delivery of its first specialized null Line H+ system designed for Panel-Level Packaging applications to a major U.S. technology firm. The null Line H+ platform is capable of processing substrates measuring up to 700×700mm and is engineered for next-generation substrate manufacturing. The…
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Holley shares slip after earnings miss despite stronger-than-expected revenue
Holley Performance Brands (NYSE:HLLY) reported mixed fourth-quarter results on Wednesday, with revenue coming in above expectations while earnings fell short of analyst forecasts. Shares of the company declined 0.76% in after-hours trading following the release. The automotive aftermarket performance products company posted adjusted earnings per share of $0.04 for the quarter, missing the analyst consensus…
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Abercrombie & Fitch tops Q4 forecasts, shares gain in premarket trading
Shares of Abercrombie & Fitch Co. (NYSE:ANF) moved higher in premarket trading on Wednesday after the apparel retailer reported fourth-quarter results that came in ahead of Wall Street expectations. The company reported adjusted earnings per share of $3.68, surpassing the analyst consensus estimate of $3.58 by $0.10. Revenue reached $1.7 billion, slightly above the $1.67…
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GE Vernova Secures Turbine Deal for 100 MW Italian Wind Project
GE Vernova Inc. (NYSE:GEV) said it has been chosen by IVPC Group to supply wind turbines for a new wind farm project in Fortore, located in Benevento, Italy, with total capacity exceeding 100 megawatts. The agreement covers the delivery of 17 units of GE Vernova’s 6.1 MW-158m onshore wind turbines. The project was among those…
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Crescent Energy shares slip after upsized convertible bond offering
Shares of Crescent Energy (NYSE:CRGY) declined 2.6% to $10.95 in premarket trading on Wednesday after the company announced a larger-than-expected convertible bond issuance. The Houston-based oil and gas producer said late Tuesday it priced a private placement of $600 million in five-year convertible bonds carrying a 2.75% coupon. The deal was expanded from the $400…
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Genius Sports shares drop after earnings miss despite strong revenue growth
Genius Sports Limited (NYSE:GENI) reported fourth-quarter results on Wednesday that fell short of earnings expectations even as revenue came in above analyst forecasts. The company’s shares declined 5.56% in premarket trading following the announcement. The sports data and technology provider reported a quarterly loss of $0.08 per share, significantly below the analyst consensus estimate of…