Category: Top Story
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Urban-gro Shares Surge After Merger Deal With Flash Sports & Media
Urban-gro Inc. (NASDAQ:UGRO) soared 29% in premarket trading Tuesday after the company revealed it had signed a binding letter of intent to merge with Flash Sports & Media Inc.. Under the agreement, dated October 14, 2025, Flash shareholders will receive unregistered shares representing 19.99% of Urban-gro’s outstanding common stock immediately prior to the merger. They…
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Nova Minerals Shares Skyrocket After U.S.-Australia Summit Briefing Request
Nova Minerals Ltd ADR (NASDAQ:NVA) surged 68.5% in premarket trading Tuesday after the company revealed it has been invited by the Australian Ambassador to the United States to provide a briefing on its Estelle Gold and Critical Minerals Project ahead of a high-level bilateral summit. The company will present its Alaska-based project to His Excellency…
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Superm Micro Shares Trim Losses After Launching New Data Center Solutions Business
Super Micro Computer (NASDAQ:SMCI) pared earlier losses to trade down just 0.5% on Tuesday, outperforming a broader tech sector downturn, after unveiling a new business line focused on full-scale data center solutions. The San Jose-based IT infrastructure company introduced Data Center Building Block Solutions (DCBBS), positioning itself as an end-to-end provider for complete data center…
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PotlatchDeltic Shares Surge After Announcing Merger With Rayonier
PotlatchDeltic Corp (NASDAQ:PCH) shares jumped 5.6% in premarket trading Tuesday after the company revealed a definitive all-stock merger agreement with Rayonier (NYSE:RYN), a deal that will create one of the largest timber companies in North America. The merger of equals will establish the second-biggest publicly listed timber and wood products company in the region, with…
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Citigroup Tops Profit Estimates as Dealmaking Revival Boosts Results
Citigroup Inc. (NYSE:C) delivered stronger-than-expected third-quarter earnings, driven by a rebound in corporate dealmaking that lifted performance across its core business lines. Shares rose about 1% in premarket trading following the announcement. The bank reported net income of $3.8 billion, or $1.86 per share, compared with $3.2 billion, or $1.51 per share, in the same…
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AMD Shares Climb as Oracle Orders 50,000 MI450 Chips; Wolfe Research Lifts Price Target to $300 on AI Momentum
Oracle Corporation (NYSE:ORCL) announced Tuesday that it will deploy 50,000 graphics processors from Advanced Micro Devices (NASDAQ:AMD) starting in the second half of 2026, signaling a growing appetite among cloud providers for alternatives to Nvidia’s AI accelerators. AMD shares jumped more than 3% in premarket trading after the news. Oracle plans to use AMD’s Instinct…
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Albertsons Shares Jump Over 5% After Beating Q2 Earnings and Revenue Estimates
Albertsons Companies, Inc. (NYSE:ACI) saw its stock rise 5.6% in premarket trading on Tuesday after the supermarket chain posted stronger-than-expected second-quarter results, topping analyst forecasts on both earnings and revenue. The grocery retailer reported adjusted earnings of $0.44 per share, beating the consensus estimate of $0.40 by $0.04. Revenue reached $18.92 billion, slightly ahead of…
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Goldman Sachs Beats Q3 Forecasts on Broad-Based Revenue Growth
Goldman Sachs (NYSE:GS) delivered stronger-than-expected third-quarter earnings on Tuesday, though its stock dipped slightly in premarket trading despite the upbeat results. The investment banking powerhouse reported earnings per share of $12.25 for the quarter, topping analyst expectations of $11.02. Total revenue reached $15.18 billion — a 20% increase compared with the same period last year…
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Astria Therapeutics Soars After BioCryst Acquisition Announcement; BioCryst Falls
Astria Therapeutics (NASDAQ:ATXS) saw its shares surge 30% on Tuesday after BioCryst Pharmaceuticals (NASDAQ:BCRX) announced a cash-and-stock acquisition of the company. In contrast, BioCryst’s stock fell 10% following the news. The deal values Astria at approximately $13.00 per share, a 53% premium to its October 13 closing price, and implies an enterprise value of around…
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Cyngn Shares Jump After Deploying Autonomous Tech at G&J Pepsi
Cyngn (NASDAQ:CYN) saw its stock rise 12% on Tuesday after announcing the commercial deployment of its DriveMod Tugger autonomous vehicle technology with G&J Pepsi, the largest independent Pepsi bottler in the United States. The partnership signals Cyngn’s push into material handling for consumer-packaged goods, further expanding the use of its autonomous technology across multiple industries.…