Category: Top Story
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Webull shares drop after massive 3 million-share block trade
Webull Corp. (NASDAQ:BULL) shares fell 6.3% on Wednesday after a large block trade of 3 million Class A shares hit the market during early trading hours, sparking renewed selling pressure. According to Bloomberg, the trade — representing about 1.3% of Webull’s public float — was executed at $12.50 per share, a 2.3% discount to Tuesday’s…
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Cisco shares climb as company takes aim at Broadcom with new AI networking chips
Cisco Systems (NASDAQ:CSCO) shares rose 1.6%, while Broadcom (NASDAQ:AVGO) slipped 0.7% on Wednesday after Cisco unveiled new chip technology designed to connect AI data centers, positioning itself as a direct challenger to Broadcom in the rapidly expanding AI networking space. As reported by Bloomberg, Cisco introduced its Silicon One P200 chip and 8223 routing systems,…
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C3is shares plunge after announcing $2 million direct offering
C3is Inc. (NASDAQ:CISS) shares tumbled 32.4% in premarket trading Wednesday after the dry bulk and tanker shipping company revealed it had entered into definitive agreements for a $2 million registered direct offering with institutional investors. Under the terms of the deal, C3is will sell 800,000 shares of common stock at $2.50 per share, representing a…
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Movano shares slide after announcing 1-for-10 reverse stock split
Movano Inc. (NASDAQ:MOVE) shares fell 9.3% in premarket trading Wednesday after the company announced plans to implement a 1-for-10 reverse stock split, effective October 10, 2025. The move is intended to raise Movano’s share price and help the company regain compliance with Nasdaq’s minimum bid price requirement needed to maintain its listing. The stock will…
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Nexalin shares skyrocket after Alzheimer’s study shows strong cognitive gains
Nexalin Technology Inc. (NASDAQ:NXL) shares soared 84.4% in premarket trading Wednesday after the company released positive clinical results demonstrating that its non-invasive brain stimulation therapy improved cognitive function in patients with mild Alzheimer’s disease. The study, published in Radiology, evaluated Nexalin’s proprietary 15 milliamp Gen-2 Deep Intracranial Frequency Stimulation (DIFS) system in a randomized, sham-controlled…
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Nvidia CEO Jensen Huang says U.S. only slightly ahead of China in AI race
Nvidia (NASDAQ:NVDA) CEO Jensen Huang said on Wednesday that the United States is “not far ahead” of China when it comes to artificial intelligence development, emphasizing how quickly China is advancing in the field. The comments were made during an interview with CNBC. Huang also voiced his support for the U.S. H-1B visa program, saying…
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Hoth Therapeutics shares climb after expanding AI partnership with NVIDIA
Hoth Therapeutics Inc. (NASDAQ:HOTH) shares rose 9.8% in premarket trading on Wednesday after the clinical-stage biopharmaceutical company announced an expansion of its artificial intelligence initiative through a new NVIDIA AI Enterprise subscription license. The company said it has secured annual NVIDIA AI Enterprise Essentials licenses to bolster its GPU-driven infrastructure, enabling advanced machine learning and…
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Jiuzi shares surge after detailing $1 billion capital initiative
Jiuzi Holdings Inc. (NASDAQ:JZXN) stock jumped 20.2% in premarket trading on Wednesday after the Chinese company released full implementation details of its previously announced $1 billion capital plan. The company said it intends to raise the funds through a diversified capital structure, combining market financing, new commitments from existing shareholders, operational revenue, and institutional investor…
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CervoMed shares jump after strong results in dementia drug trial
CervoMed Inc. (NASDAQ:CRVO) shares surged 9% in premarket trading on Wednesday after the clinical-stage biopharmaceutical company reported additional positive findings from its Phase 2b RewinD-LB trial, which is testing a potential treatment for dementia with Lewy bodies (DLB). The company said the new analyses showed that its investigational drug, neflamapimod, delivered notable gains in cognitive…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street set to rebound as futures edge higher; investors await Fed minutes
U.S. stock futures were slightly higher early Wednesday, signaling a potential rebound after the previous session’s pullback as investors weighed strong tech sentiment against lingering economic and political uncertainty. Nvidia (NASDAQ:NVDA) was leading premarket gains, climbing 0.7% after CEO Jensen Huang told CNBC’s Squawk Box that demand for artificial intelligence computing had grown “substantially” over…