Category: Top Story
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NVR Tops Q3 Estimates Despite Slowing Housing Market
NVR, Inc. (NYSE:NVR) reported third-quarter earnings on Wednesday that came in ahead of analyst forecasts, even as the company continues to face headwinds in the housing market. The homebuilder posted earnings of $112.33 per diluted share, topping the analyst consensus of $109.36. Revenue reached $2.56 billion, slightly above the $2.55 billion estimate. However, the results…
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Nurix Therapeutics Shares Surge After Launch of Pivotal Phase 2 Trial
Nurix Therapeutics Inc (NASDAQ:NRIX) saw its stock jump 10% on Wednesday after announcing the start of its pivotal DAYBreak clinical trial — a single-arm Phase 2 study evaluating bexobrutideg in patients with relapsed or refractory chronic lymphocytic leukemia (CLL). The biopharmaceutical company, which specializes in targeted protein degradation therapies, will test a once-daily 600 mg…
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Avadel Pharmaceuticals Shares Climb on $2.1 Billion Acquisition by Alkermes
Avadel Pharmaceuticals PLC (NASDAQ:AVDL) rose 4.1% in pre-market trading on Wednesday after announcing it will be acquired by Alkermes plc (NASDAQ:ALKS) in a deal valued at approximately $2.1 billion. Under the agreement, Alkermes will pay $18.50 per share in cash at closing. Shareholders may also receive an additional $1.50 per share through a contingent value…
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POET Technologies Shares Jump After Securing $5M Production Order
POET Technologies Inc. (NASDAQ:POET) saw its stock rise 7% after announcing it had received a production order worth more than $5 million for its POET null optical engines from a leading systems integrator. The order marks a key commercial milestone for POET, reinforcing the market readiness of its optical engine technology, which is designed to…
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Tinder Expands Facial Verification Feature Across More U.S. States
Match Group (NASDAQ:MTCH) announced that its popular dating platform Tinder will roll out its Face Check facial verification tool to additional U.S. states over the coming months. The feature is already mandatory for new users in seven countries and in California. Face Check prompts new users to record a short video selfie to confirm their…
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Blackboxstocks Shares Rise as Merger Target REAlloys Signs MOU with JOGMEC
Blackboxstocks Inc. (NASDAQ:BLBX) climbed 4.3% in pre-market trading on Wednesday after revealing that its merger target, REAlloys Inc., has signed a Memorandum of Understanding (MOU) with Japan Organization for Metals and Energy Security (JOGMEC). The strategic agreement establishes a collaborative framework between REAlloys and JOGMEC to advance rare earth development, facilitate technology transfer, and strengthen…
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Nuburu Shares Soar on Strategic Drone Joint Venture Announcement
Nuburu Inc (NYSE:BURU) saw its stock surge 25% in pre-market trading on Wednesday after unveiling a new Strategic Framework Agreement to form a joint venture focused on developing advanced drone systems. The agreement — signed with Nuburu Defense LLC and Maddox Defense Incorporated — will establish a JV company controlled by Nuburu Defense to design,…
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Amphenol Shares Surge After Record Quarter and Dividend Hike on AI-Driven Demand
Amphenol Corp (NYSE:APH) saw its stock jump more than 8% in pre-market trading on Wednesday after reporting record third-quarter results and announcing a sharp increase to its dividend, fueled by strong demand from AI and data center infrastructure. The Connecticut-based connector manufacturer posted adjusted earnings of $0.93 per share, an 86% surge from a year…
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Applied DNA Stock Surges on $27 Million PIPE Financing Deal
Applied DNA Sciences Inc. (NASDAQ:BNBX) saw its shares soar 50% in pre-market trading on Wednesday after the biotech firm announced it had successfully closed a private investment in public equity (PIPE) financing, raising roughly $27 million in gross proceeds. The financing round, led by a mix of institutional DeFi and TradFi investors, consisted of $15.3…
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PROG Holdings Shares Climb After Beating Q3 Earnings Expectations
PROG Holdings, Inc. (NYSE:PRG) saw its stock rise more than 2% in pre-market trading on Wednesday after posting third-quarter earnings that surpassed Wall Street forecasts, despite ongoing pressure on consumer spending. The lease-to-own fintech company reported adjusted earnings of $0.90 per share, topping the analyst estimate of $0.74. Revenue reached $595.1 million, ahead of the…