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  • Clover Health Shares Jump on 53% Surge in Medicare Advantage Membership

    Clover Health Shares Jump on 53% Surge in Medicare Advantage Membership

    Clover Health Investments, Corp. (NASDAQ:CLOV) shares climbed 10% on Wednesday after the company reported a sharp increase in Medicare Advantage enrollment for the 2026 plan year. The insurer said Medicare Advantage membership rose 53% year on year to roughly 153,000 members as of January 1, following a strong Annual Enrollment Period that was largely driven…

  • Alibaba Shares Advance After Report Highlights Strength in China’s AI Cloud Market

    Alibaba Shares Advance After Report Highlights Strength in China’s AI Cloud Market

    Alibaba (NYSE:BABA) shares rose 3.1% in U.S. premarket trading after new reports pointed to the group’s expanding lead in China’s AI cloud market and the growing strategic importance of its Qwen app ecosystem. A report from LatePost said Alibaba Cloud secured around 35.8% of China’s AI cloud market in the first half of 2025, surpassing…

  • Microsoft Poised to Capture Larger Share of GenAI Spending, Says Morgan Stanley

    Microsoft Poised to Capture Larger Share of GenAI Spending, Says Morgan Stanley

    Microsoft (NASDAQ:MSFT) is well positioned to secure a greater portion of incremental generative AI investment and expanding enterprise software budgets in 2026, according to Morgan Stanley’s latest fourth-quarter 2025 CIO Survey. Morgan Stanley analyst Keith Weiss said Microsoft “remains in pole position to garner increasing IT Wallet share as GenAI adoption ramps and cloud migrations…

  • Citigroup Q4 Profit Weighed by Russia Exit Charge, Beats Estimates on Underlying Basis

    Citigroup Q4 Profit Weighed by Russia Exit Charge, Beats Estimates on Underlying Basis

    Citigroup (NYSE:C) reported a mixed set of fourth-quarter results, with earnings exceeding expectations once a Russia-related charge is stripped out, while headline revenue came in below forecasts. Citi shares rose about 0.6% in premarket trading. The stock gained 65.8% over the course of 2025. For the three months ended December, the bank posted net income…

  • High Roller Technologies Shares Skyrocket After Crypto.com Deal

    High Roller Technologies Shares Skyrocket After Crypto.com Deal

    High Roller Technologies, Inc. (AMEX:ROLR) shares jumped about 150% after the company revealed a strategic partnership with Crypto.com aimed at expanding into the U.S. prediction markets arena. The Las Vegas-based online gaming group said it has signed a binding letter of intent with Crypto.com | Derivatives North America (CDNA) to develop and launch an event-driven…

  • Trip.com Shares Slide as China Opens Antitrust Probe

    Trip.com Shares Slide as China Opens Antitrust Probe

    Trip.com (NASDAQ:TCOM) shares dropped 13% on Wednesday morning after the Chinese online travel group said it is being investigated by the country’s market regulator over possible monopoly practices. The company disclosed that it has received a formal notice from the State Administration for Market Regulation (SAMR) of the People’s Republic of China confirming that an…

  • Infosys Raises FY26 Revenue Growth Outlook Following Solid Q3 Performance

    Infosys Raises FY26 Revenue Growth Outlook Following Solid Q3 Performance

    Infosys (NYSE:INFY) lifted its full-year revenue growth guidance after delivering better-than-expected third-quarter results, underpinned by broad-based sequential growth, strong large-deal activity and signs of improving client demand, analysts said. The IT services group reported third-quarter revenue of $5.1 billion, representing sequential constant-currency growth of 0.6%, alongside an adjusted operating margin of 21.2%. Total contract value…

  • United Community Banks Shares Slide Nearly 7% as Rising Charge-Offs Dampen Q4 Results

    United Community Banks Shares Slide Nearly 7% as Rising Charge-Offs Dampen Q4 Results

    United Community Banks, Inc. (NYSE:UCB) reported fourth-quarter results on Wednesday that showed stronger-than-expected revenue but a notable rise in net charge-offs, prompting a sharp pullback in its shares. The regional lender’s stock fell 6.83% in pre-market trading following the announcement. On an operating basis, the bank posted fourth-quarter earnings per share of $0.71, matching analyst…

  • BriaCell Therapeutics Shares Sink After $30 Million Capital Raise

    BriaCell Therapeutics Shares Sink After $30 Million Capital Raise

    BriaCell Therapeutics Corp. (NASDAQ:BCTX) saw its shares plunge 55% in pre-market trading on Wednesday after the clinical-stage biotech company unveiled the pricing of a $30 million public offering. The cancer immunotherapy developer’s stock traded at $4.97 before the open, sharply lower than Tuesday’s closing price of $10.92. The offering was priced at $5.59 per unit,…

  • Horizon Aircraft Posts Q2 Loss While Pushing Ahead With eVTOL Program

    Horizon Aircraft Posts Q2 Loss While Pushing Ahead With eVTOL Program

    New Horizon Aircraft Ltd. (NASDAQ:HOVR) reported a fiscal second-quarter 2026 loss of $0.21 per share on Wednesday as it continues to invest in the development of its hybrid-electric vertical takeoff and landing (VTOL) aircraft. The company’s shares edged up 0.50% following the update. The aerospace developer said it is making solid progress toward assembling its…