ADVFN US – Market Content Editor
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Munters shares slide as NVIDIA’s Rubin chip signals shift in data center cooling standards
Shares in Munters (USOTC:MMNNF) fell by more than 5% on Wednesday after NVIDIA unveiled details of its new Rubin chip, which is designed to operate at substantially higher temperatures than conventional data center processors. NVIDIA (NASDAQ:NVDA) said the Rubin chip can run efficiently at temperatures of around 42–45°C (108–113°F), a sharp contrast to traditional chilled-water…
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Compass Pathways gains after FDA clears IND for PTSD trial of COMP360
Shares of Compass Pathways Plc (NASDAQ:CMPS) rose about 3% in premarket trading on Wednesday after the company said the U.S. Food and Drug Administration has accepted its Investigational New Drug (IND) application for COMP360, paving the way for a late-stage study in patients with post-traumatic stress disorder. With the IND now in place, Compass will…
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Netflix reiterates support for $82.7bn Warner Bros. Discovery merger after rival bid rejected
Netflix (NASDAQ:NFLX) said it remains fully committed to its $82.7 billion merger agreement with Warner Bros. Discovery (NASDAQ:WBD), after Warner Bros. Discovery’s board turned down a revised proposal from Paramount Skydance (NASDAQ:PARA). The Warner Bros. Discovery board concluded that the agreement with Netflix offers superior value for shareholders. Under the terms of the deal, Netflix…
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Albertsons posts Q3 profit beat as sales come in just below forecasts
Albertsons Companies, Inc. (NYSE:ACI) reported third-quarter fiscal 2025 results that exceeded earnings expectations, even as revenue narrowly missed estimates, reflecting continued investment in digital capabilities and technology across the grocery chain. For the quarter ended November 29, the retailer delivered adjusted earnings of $0.72 per share, ahead of the consensus forecast of $0.68. Revenue totaled…
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MSC Industrial tops Q1 forecasts as revenue climbs despite shutdown impact
MSC Industrial Supply Co. (NYSE:MSM) delivered a stronger-than-expected set of fiscal first-quarter results, posting solid profit growth and higher sales even as operations were weighed down by disruption linked to the U.S. government shutdown. Despite the earnings beat, the distributor’s shares slipped about 1.11% in pre-market trading after the update. For the quarter ended November…
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StoneCo shares slide as CEO signals planned exit in 2026
Shares in StoneCo Ltd. (NASDAQ:STNE) fell about 5% on Wednesday after the Brazilian fintech group said chief executive Pedro Zinner will step down from his role in March 2026 for personal reasons. The company said that Mateus Scherer, currently serving as Chief Financial Officer and Head of Investor Relations, will take over as CEO. Scherer…
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Monte Rosa shares jump after early trial data shows sharp drop in inflammation marker
Shares in Monte Rosa Therapeutics (NASDAQ:GLUE) climbed around 13% after the company released encouraging interim results from a Phase 1 study of its experimental drug MRT-8102, pointing to a marked reduction in inflammation among individuals at elevated risk of cardiovascular disease. The clinical-stage biotech said its molecular glue degrader achieved an 85% reduction in C-reactive…
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Apogee Enterprises shares slide after Q3 earnings disappoint and outlook is lowered
Apogee Enterprises, Inc. (NASDAQ:APOG) saw its shares drop sharply on Wednesday after the company reported third-quarter results that missed market expectations and trimmed its full-year guidance. The architectural products group’s stock sank by more than 10% in pre-market trading following the announcement. For the third quarter of fiscal 2026, Apogee posted adjusted earnings per share…
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U.S. private hiring grows modestly in December, ADP shows
Hiring in the U.S. private sector picked up in December, but the increase fell short of economists’ expectations, according to new data published Wednesday by payroll services firm ADP. The report showed that private-sector employment rose by 41,000 jobs during the month, following a revised decline of 29,000 positions in November. Economists had been forecasting…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. stocks seen opening unevenly as investors pause after recent rally
U.S. equity index futures are indicating a largely flat start to trading on Wednesday, suggesting stocks could struggle to find clear direction after advancing over the past two sessions. After a strong start to the first full trading week of the new year, some investors may be inclined to step back and reassess positions. That…