ADVFN US – Market Content Editor

Janux Therapeutics, Inc. (NASDAQ:JANX) has received a $35 million milestone payment from Bristol Myers Squibb (NYSE:BMY) after the partners identified a development candidate under their ongoing collaboration, the company announced in a statement. The milestone was triggered by the nomination of a tumor-activated therapeutic discovered using Janux’s TRACTr platform. The candidate is designed to target…

Uber (NYSE:UBER) is reportedly assessing the possibility of acquiring a controlling stake in Kakao Mobility, according to a report by Seoul Economic Daily. The ride-hailing giant has recently communicated its interest in purchasing shares from major investors in Kakao Mobility and has begun conducting due diligence as part of the evaluation process, the report said.…

Shake Shack Inc. (NYSE:SHAK) has introduced Project Catalyst, a new technology initiative aimed at supporting the company’s long-term goal of expanding to 1,500 company-operated restaurants. The program will modernize the chain’s point-of-sale and kitchen display systems through a collaboration with Qu, a cloud-native commerce platform. These upgraded systems are intended to improve order accuracy while…

Stellantis (NYSE:STLA) has launched a global recall involving roughly 700,000 vehicles after identifying a potential fire risk, the automaker confirmed on Wednesday. The recall was first disclosed by Germany’s KBA automotive regulator on Tuesday and covers vehicles manufactured between mid-2023 and early 2026. A range of models across several Stellantis brands are affected, including Peugeot,…

Conagra Brands, Inc. (NYSE:CAG) released its third-quarter results on Wednesday ahead of the market open, reporting earnings that came in slightly below expectations while revenue edged past analyst forecasts. The company posted adjusted earnings per share of $0.39, missing the consensus estimate of $0.40. Revenue reached $2.79 billion, slightly higher than the $2.76 billion analysts…

SharonAI Holdings Inc. (NASDAQ:SHAZ) saw its stock surge 30% on Wednesday after announcing a five-year artificial intelligence cloud infrastructure contract worth $1.25 billion with ESDS Software Solutions Ltd. As part of the agreement, Sharon AI will install an 8,000-unit B300 GPU cluster at one of its current data center partners in Australia. The company expects…

Target Hospitality Corp. (NASDAQ:TH) shares climbed 25% on Wednesday after the company announced a multi-year agreement valued at more than $550 million with one of the world’s top five hyperscale technology companies to support a major data center project in North Texas. Under the deal, Target Hospitality will build and manage a custom-designed residential community…

Direct Digital Holdings (NASDAQ:DRCT) reported fourth-quarter results on Wednesday that beat revenue forecasts but missed earnings expectations, sending the company’s shares lower in pre-market trading. The digital advertising platform’s stock declined 4.94% before the market open following the announcement. Direct Digital posted a loss of $22.00 per share for the quarter, far wider than analysts’…

Cal-Maine Foods Inc. (NASDAQ:CALM) reported fiscal third-quarter 2026 results that beat earnings expectations even as revenue came in below forecasts, reflecting lower egg prices compared with last year’s unusually high levels. Shares of the company rose 3.92% in pre-market trading after the results were released. The largest egg producer in the United States posted adjusted…

BYD Company Limited (USOTC:BYDDY) reported on Wednesday that production of its new energy vehicles fell significantly in March 2026, declining 33.02% year over year to 300,399 units, compared with 395,091 units in March 2025. Sales of new energy vehicles also decreased, dropping 30.01% to 300,222 units, down from 377,420 units in the same month a…