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Astera Labs Shares Rebound as Analysts Back Company’s Role in NVLink Ecosystem
Astera Labs (NASDAQ:ALAB) gained 7% in premarket trading Wednesday, clawing back part of Tuesday’s steep 13.5% slide after several analysts pushed back against concerns over the company’s positioning in NVIDIA’s NVLink ecosystem. The sharp decline followed announcements at AWS re:Invent, where Amazon (NASDAQ:AMZN) revealed plans to integrate NVIDIA’s (NASDAQ:NVDA) NVLink Fusion technology into its upcoming…
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Sprinklr Shares Jump After Posting Q3 Beat and Issuing Strong Outlook
Sprinklr (NYSE:CXM) traded sharply higher in premarket action Wednesday after the software company delivered a solid fiscal third-quarter performance and raised its guidance above Wall Street expectations. By 07:16 ET, the stock was up 7.6%. The company reported earnings per share of $0.12, exceeding analyst estimates of $0.09. Revenue climbed 9% year over year to…
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Pharvaris Shares Surge After Strong Phase 3 Results for Oral HAE Treatment
Pharvaris N.V. (NASDAQ:PHVS) jumped 20% on Wednesday after the biotech announced highly positive topline findings from its Phase 3 RAPIDe-3 trial evaluating deucrictibant, its oral therapy designed to treat hereditary angioedema (HAE) attacks. The pivotal study achieved its primary goal, showing that patients receiving deucrictibant reached a median onset of symptom relief in just 1.28…
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Aeva Shares Jump After Securing Exclusive LiDAR Deal With Major European Carmaker
Aeva Technologies (NASDAQ:AEVA) climbed 8% on Wednesday after revealing it had won an exclusive, long-term contract to provide its LiDAR systems to a leading European passenger vehicle manufacturer. Under the multi-year production agreement, Aeva will serve as the sole Tier-1 LiDAR supplier for the automaker’s global vehicle platform outside of China. Production is expected to…
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Cassava Sciences Shares Drop as FDA Seeks Additional Data for Epilepsy Program
Cassava Sciences (NASDAQ:SAVA) slid 13% in early Monday trading after the company disclosed that the U.S. Food and Drug Administration has asked for more information related to its investigational new drug (IND) filing. According to the company, the FDA notified Cassava on December 2 that it requires further data to evaluate potential risks to human…
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Thor Industries Shares Tick Higher After Beating Fiscal 1Q 2026 Estimates
Thor Industries, Inc. (NYSE:THO) posted quarterly results that exceeded analyst expectations on Thursday, sending the stock up 1.62% in pre-market trading. The recreational vehicle maker delivered a solid start to fiscal 2026, with revenue rising 11.5% year over year to $2.39 billion as the company continued to capture market share despite a still-fragile consumer backdrop.…
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Strategy Shares Climb as Saylor Shrugs Off MSCI Index Threat
Strategy (NASDAQ:MSTR) shares gained around 3% on Wednesday after Chairman Michael Saylor played down the potential impact of the company being dropped from MSCI’s equity benchmarks, a possibility that has weighed on sentiment in recent weeks. A rebound in bitcoin prices also helped lift the stock. MSCI is reviewing whether firms that primarily hold cryptocurrencies…
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GM Issues Recall for More Than 3,400 Silverado Trucks Missing Owner’s Manuals
General Motors (NYSE:GM) is recalling 3,408 vehicles after determining that certain trucks left the factory without an owner’s manual, according to a notice submitted to the National Highway Traffic Safety Administration (NHTSA). The recall covers select 2026 Chevrolet Silverado models, including the 1500, 2500, and 3500 series. NHTSA stated that the omission places the affected…
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Rivian Recalls Nearly 35,000 U.S. Vehicles Over Faulty Seat Belt Pretension Cable
Rivian Automotive (NASDAQ:RIVN) is recalling 34,824 vehicles across the United States after discovering a defect in the driver’s seat belt pretension cable that could prevent the restraint system from functioning properly during a crash, increasing the likelihood of injury. The U.S. National Highway Traffic Safety Administration (NHTSA) announced the recall on Wednesday, noting that the…
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Okta Shares Dip Despite Solid Q3 Performance and Boosted Full-Year Forecast
Okta Inc. (NASDAQ:OKTA) delivered quarterly results on Wednesday that topped analyst expectations and came with a stronger full-year outlook, supported by steady enterprise demand and rising adoption of its identity governance and AI-driven security offerings.Despite the beat, shares fell more than 3% in premarket trading. For its fiscal third quarter, the identity-management company reported non-GAAP…