Category: Top Story

iPower Inc. (NASDAQ:IPW) surged 11.3% on Wednesday after the company revealed plans to pursue alternative funding arrangements to replace its existing bank-backed asset-based lending facility. The e-commerce retailer said it is evaluating non-bank financing options designed to provide “greater flexibility and alignment” with its operating profile and long-term growth strategy. The company believes this shift…

Intuitive Surgical Inc (NASDAQ:ISRG) surged more than 17% after the opening bell on Wednesday following a blockbuster third-quarter earnings report that blew past Wall Street expectations. The strong results were fueled by surging procedure volumes and growing adoption of its next-generation da Vinci 5 surgical system. The company posted adjusted earnings of $2.40 per share,…

Owlet Inc (NYSE:OWLT) saw its stock fall 7.2% on Wednesday after the company announced the pricing of a public offering valued at approximately $30 million. The offering includes 4,196,000 shares of Class A common stock priced at $7.15 per share. The company also granted underwriters a 30-day option to purchase up to an additional 629,400…

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…

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…

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…

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…

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…

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…

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,…