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FuelCell Energy (NASDAQ:FCEL) shares surged 16% on Wednesday after the company announced a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean power for data centres using its fuel cell technology. The agreement strengthens FuelCell Energy’s position in the rapidly expanding artificial intelligence and advanced computing infrastructure market, where…

FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top Estimates The package delivery company reported adjusted earnings of $6.31 per share for the fourth quarter, exceeding analyst expectations…

Wendy’s (NASDAQ:WEN) shares climbed 10.8% in premarket trading after the restaurant chain announced the appointment of Steve Cirulis as Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026. Cirulis succeeds Ken Cook, who will remain with the company in an advisory role through July to support the leadership transition. Familiar Leadership Team Reunites…

U.S. logistics property group Prologis (NYSE:PLD) has publicly disclosed its £12.6 billion ($16.62 billion) takeover proposal for Segro (LSE:SGRO) after the UK warehouse owner rejected the approach, escalating pressure on the company’s board to enter formal discussions. The move represents the latest attempt by an overseas buyer to acquire a London-listed business, as lower UK…

Qualcomm (NASDAQ:QCOM) is in discussions with China’s ByteDance about providing custom chip-design services, according to people familiar with the matter, as the U.S. semiconductor company seeks to broaden its business beyond its core smartphone market. If an agreement is reached, ByteDance, the owner of short-video platform TikTok, would become one of the first major customers…

Shares of (NASDAQ:CBRS) fell roughly 14% in premarket trading on Wednesday after the AI chipmaker delivered mixed first-quarter 2026 results, with strong revenue growth overshadowed by an earnings miss and weaker margin guidance. The company, which describes itself as the builder of “the world’s fastest AI infrastructure,” reported revenue of $193.4 million for the quarter,…

Oil prices continued to move lower on Wednesday, marking a third straight day of declines as improving traffic through the Strait of Hormuz and signs of progress in U.S.-Iran diplomacy reduced concerns over sustained disruptions to energy supplies from the Middle East. At 05:39 ET (09:39 GMT), Brent Oil Futures for August delivery were down…

Gold prices continued their downward move on Wednesday, hovering close to a two-week low and approaching the key $4,000-an-ounce threshold. The decline came as the U.S. dollar strengthened and investors increased expectations that the Federal Reserve could raise interest rates again in the coming months, reducing demand for the non-yielding asset. Spot gold was down…