Category: Top Story
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USA Rare Earth Shares Jump After $100M Acquisition of UK Rare Earth Producer
USA Rare Earth Inc. (NASDAQ:USAR) surged 9% in premarket trading Monday following the announcement of a definitive agreement to acquire LCM, a UK-based producer of rare earth metals and alloys, for $100 million in cash plus 6.74 million USAR common shares. The acquisition represents a major milestone in USAR’s mine-to-magnet strategy, creating a fully integrated…
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Oklo Shares Climb Following Strategic Alliance with Swedish Nuclear Firm
Oklo Inc. (NYSE:OKLO) saw its stock rise 6.1% in premarket trading Monday after announcing a strategic partnership with Swedish nuclear company Blykalla AB, including a $5 million investment commitment. Through this agreement, the U.S.-based Oklo will co-lead Blykalla’s upcoming funding round with the $5 million commitment, reinforcing transatlantic cooperation aimed at accelerating the commercialization of…
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Datavault AI Shares Jump After IBM Commits Resources to Partnership
Datavault AI Inc (NASDAQ:DVLT) surged 21.1% in premarket trading Monday following news of a multi-million-dollar resource commitment from IBM (NYSE:IBM) to support the growth of Datavault’s AI-driven data platform. The collaboration will provide Datavault with access to IBM’s engineering expertise, technical sales teams, and quantum computing capabilities, helping accelerate both product innovation and market expansion.…
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Gold’s Record-Breaking Rally Lifts Mining Stocks
Shares of mining and royalty companies advanced in premarket trading Monday as precious metals extended their rally, with gold setting a fresh record high and silver reaching levels unseen in more than a decade. Gold prices jumped as much as 1.9% to $3,831.44, marking a new all-time peak. Silver also surged, climbing 2.4% to $47.18,…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, AI Shares Poised to Drive Wall Street Higher at Monday’s Open
U.S. stock index futures are pointing to a positive start for Wall Street on Monday, with equities set to build on last Friday’s rebound. Technology and artificial intelligence names look to be leading the way. Nvidia (NASDAQ:NVDA) is up 1% in premarket trading, while Oracle (NYSE:ORCL) is gaining 0.9% after several sessions of weakness. Electronic…
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Cannabis Stocks Rally After Trump Highlights CBD Advantages for Older Adults
U.S. cannabis shares are seeing a strong lift in premarket trading Monday after former President Donald Trump shared a video on social media Sunday discussing the potential health benefits of hemp-based CBD for seniors. Major players in the cannabis sector experienced notable gains. Tilray (NASDAQ:TLRY) jumped 18%, Cronos Group (NASDAQ:CRON) added 10%, and Canopy Growth…
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BofA flags near-euphoric sentiment as global stocks approach new highs
Investor optimism is reaching elevated levels, according to Bank of America’s latest Global Equity Risk-Love index, as equity markets worldwide push toward record territory. The indicator currently sits around the 85th percentile of its historical range since 1987 and has remained relatively stable over the past month. Measures such as volatility, put-call ratios, and spreads…
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Novo Nordisk Shares Decline After Morgan Stanley Downgrade to Underweight
Morgan Stanley lowered its rating on Novo Nordisk (NYSE:NVO) from Equal-weight to Underweight and cut its price target from DKr 380 to DKr 300, citing a “tough path ahead” for the pharmaceutical company amid slowing prescription trends, rising competition, and pricing pressures. Novo Nordisk shares slipped more than 3% in premarket trading on Monday in…
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U.S. Defense Shares Rally on Pentagon’s Missile Production Expansion Plans
U.S. defense stocks surged in premarket trading Monday following a Wall Street Journal report outlining the Pentagon’s ambitious plan to boost missile production, aimed at preparing for potential conflicts with China. The WSJ reported that military officials are pushing contractors to double or even quadruple production across 12 key weapons systems, including Patriot interceptors, Long…
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Dow Jones, S&P, Nasdaq, Wall Street, Five Key Market Events to Track This Week
Investors are preparing for a week shaped by U.S. labor data and potential political risks. The release of the September nonfarm payrolls report is expected to dominate headlines, while attention will also turn to the possibility of a federal government shutdown. Economic indicators from the Institute for Supply Management (ISM) and earnings from major companies…