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Ultragenyx Shares Fall After Phase 3 Aspire Study Misses Primary Endpoint
Ultragenyx (NASDAQ:RARE) shares fell 44.7% to $14.67 in premarket trading after the company disclosed that its pivotal Phase 3 Aspire study evaluating apazunersen (GTX-102) in Angelman syndrome did not meet its primary or key secondary endpoints. The company announced the results late Wednesday. The study’s primary endpoint measured the change from baseline in the Bayley-4…
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Falco Resources Advances Horne 5 as Feasibility Study Highlights Significant Economic Potential
Falco Resources (TSXV:FPC) (USOTC:FPRGF) is entering an important phase in the development of its flagship Horne 5 project, with an updated feasibility study providing investors with a clearer picture of the project’s scale, economics and potential path toward development. Located in Quebec, Canada, Horne 5 is a large-scale polymetallic project positioned within an established mining…
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Peraso Inc. Targets Growing Defence Opportunity with Secure 60 GHz Millimeter Wave Technology
Modern defence systems increasingly depend on the ability to move large volumes of data quickly, securely and reliably. As military platforms become more connected and autonomous, the demand for resilient communications links is creating new opportunities for technologies designed to operate in challenging and contested environments. For Peraso Inc. (NASDAQ:PRSO), this represents an important potential…
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Broadcom Shares Slip as Q4 Revenue Forecast Falls Below Estimates
Broadcom (NASDAQ:AVGO) shares fell nearly 2% in premarket trading on Thursday after the company forecast fourth-quarter revenue below Wall Street estimates, while CEO Hock Tan outlined revenue projections for fiscal 2027 and 2028 during the company’s earnings call. Broadcom expects fourth-quarter revenue of approximately $34.8 billion, compared with analysts’ average estimate of $35.05 billion. The…
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PayPal Cuts Around 600 Jobs in India, Moneycontrol Reports
PayPal (NASDAQ:PYPL) has cut around 600 jobs in India, equivalent to approximately 10% of its workforce in the country, as part of a broader global restructuring, Moneycontrol reported on Thursday. According to people familiar with the matter cited by Moneycontrol, the reductions affected employees across technology, engineering, operations, payments and finance. Job cuts were reported…
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Snowflake Shares Rise After Q2 Revenue and Earnings Exceed Estimates
Snowflake (NYSE:SNOW) shares rose 23.9% to $379.07 in premarket trading after the company reported fiscal second-quarter 2027 revenue and adjusted earnings above analyst expectations and increased its full-year product revenue guidance. Adjusted earnings per share were $0.62, compared with the consensus estimate of $0.45. Total revenue reached $1.55 billion, above the $1.48 billion analyst estimate…
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Five Below Shares Rise After Q2 Earnings Beat and Guidance Increase
Five Below (NASDAQ:FIVE) shares rose 6.2% in premarket trading after the specialty value retailer reported fiscal second-quarter results above analyst expectations and raised its full-year 2026 guidance. The company reported adjusted earnings per share of $1.68, compared with the consensus estimate of approximately $1.33. Net sales increased about 22.9% year over year to $1.26 billion,…
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HPE Raises 2026 and 2027 Guidance, Expands Oracle Networking Agreement
Hewlett Packard Enterprise (NYSE:HPE) reported quarterly revenue and earnings above expectations on Wednesday and raised its full-year guidance for both 2026 and 2027. Separately, the company expanded its collaboration with Oracle and issued warrants allowing Oracle to purchase HPE common shares. HPE shares fell nearly 5% in premarket trading on Thursday, with the source citing…
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Gold Rises Above $4,400 as Dollar and Treasury Yields Decline
Gold prices rose more than 1% on Thursday, moving back above $4,400 an ounce as the US dollar weakened and Treasury yields declined, while investors reassessed expectations for further Federal Reserve interest-rate increases. Attention was also turning to Friday’s US nonfarm payrolls report for further indications on the outlook for monetary policy. A rise in…
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Oil Prices Ease After Three-Session Rally as Hormuz Flows Show Signs of Recovery
Oil prices moved lower during Asian trading on Thursday following three consecutive sessions of gains, as markets assessed comments from US President Donald Trump and indications of increased crude flows through the Strait of Hormuz. As of 04:42 ET (08:42 GMT), Brent Oil Futures for November delivery declined 0.2% to $95.43 a barrel, while West…