ADVFN US – Market Content Editor
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Alibaba unveils new AI chip aimed at reducing reliance on external suppliers
Alibaba (NYSE:BABA) has introduced a next-generation artificial intelligence processor, the XuanTie C950, built using 5-nanometer technology and based on the open-source RISC-V chip architecture. The company said the new chip delivers more than three times the performance of its predecessor and is designed to natively support large AI models, including Qwen3 and DeepSeek V3. Morgan…
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Sanara MedTech shares rise more than 3% despite fourth-quarter earnings miss
Sanara MedTech Inc. (NASDAQ:SMTI) reported fourth-quarter results on Tuesday that came in below analyst expectations while reaffirming its revenue outlook for 2026. Despite the miss, the company’s shares climbed 3.44% in after-hours trading following the announcement. The medical technology company posted a quarterly loss of -$0.19 per share, missing the analyst consensus estimate of $0.33…
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Core & Main shares drop after weak full-year revenue outlook
Core & Main, Inc. (NYSE:CNM) shares declined in premarket trading on Tuesday after the company released its fourth-quarter earnings results. The specialty infrastructure distributor reported adjusted earnings per share of $0.52, surpassing analyst expectations of $0.33. However, quarterly revenue totaled $1.58 billion, slightly below the $1.59 billion consensus estimate. The stock fell 6.2% following the…
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FedEx introduces same-day local delivery service through OneRail partnership
FedEx Corp. (NYSE:FDX) announced the rollout of FedEx SameDay Local, a delivery service designed to offer customers two-hour and end-of-day delivery options. The service is being launched in partnership with OneRail, a last-mile logistics provider, which connects FedEx customers to a network of more than 1,000 delivery partners. At checkout, customers can choose their preferred…
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Hyperion DeFi partners with Silhouette trading platform
Hyperion DeFi Inc. (NASDAQ:HYPD) announced on March 24 that it has signed a HYPE Asset Use Service agreement with Silhouette, a trading platform built on the Hyperliquid blockchain. Through the partnership, Hyperion DeFi will supply staked HYPE tokens to Silhouette, enabling users on the platform to benefit from lower transaction fees when trading on Hyperliquid.…
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U.S. Labor Productivity Revised Lower for Q4 as Labor Costs Jump
Updated figures released Tuesday by the U.S. Labor Department indicate that labor productivity grew more modestly than initially estimated in the fourth quarter of 2025. According to the revised data, productivity increased by 1.8% during the quarter, below the previously reported 2.8% gain. Economists had anticipated a smaller downward revision to around 2.4%. The revised…
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Oil rebound may pressure Wall Street after prior session rally: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are pointing to a weaker open on Tuesday, suggesting markets may pull back after the strong gains recorded in the previous trading session. The expected decline comes as crude oil prices rebound, with global benchmark Brent crude futures climbing back above $100 per barrel. Brent futures had dropped nearly 11% on…
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Karyopharm shares rise 10% after mixed Phase 3 SENTRY trial results
Karyopharm Therapeutics Inc. (NASDAQ:KPTI) shares climbed 10% on Tuesday after the company released mixed results from its Phase 3 SENTRY trial evaluating selinexor in combination with ruxolitinib for patients with frontline myelofibrosis. The study achieved its first co-primary endpoint, demonstrating a statistically significant improvement in spleen volume reduction. However, the trial did not meet its…
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United Airlines plans to add over 250 aircraft to fleet by April 2028
United Airlines (NASDAQ:UAL) said it plans to expand its fleet by more than 250 aircraft by April 2028, a move the carrier says would represent the largest number of aircraft added by any airline over a two-year period. The expansion includes several new aircraft types and updated cabin layouts. Among them are 40 Airbus A321neo…
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Zonos adopts CoreWeave cloud platform to support cross-border commerce systems
CoreWeave Inc. (NASDAQ:CRWV) said cross-border commerce technology provider Zonos has chosen the CoreWeave Cloud platform to run its AI-powered systems for managing duties, taxes and international checkout processes. Zonos supports global retailers and logistics organizations such as Cotopaxi, LIV Golf, USPS and Canada Post. Its technology calculates duties, taxes and checkout requirements in real time…