ADVFN US – Market Content Editor
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Nasdaq Top 5 Premarket Gainers
Here are the top five gainers by percentage on the Nasdaq before the market opened. Inozyme Pharma Inc (NASDAQ:INZY)Inozyme Pharma Inc is a rare disease biopharmaceutical company developing novel therapeutics for the treatment of diseases of abnormal mineralization impacting the vasculature, soft tissue and skeleton. Price: 3.95Percentage Change: 178.52%Volume: 13,705,979 Capstone Holding Corp (NASDAQ:CAPS)Capstone Holding…
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S&P 500 Sees Further Upside But Nasdaq Gives Back Ground
After experiencing choppy trading during Wednesday’s session, stocks turned in another relatively lackluster performance during trading on Thursday. The major averages fluctuated over the course of the day before eventually closing mixed. While the Nasdaq dipped 34.49 points or 0.2 percent to 19,112.32, the S&P 500 (SPI:SP500) rose 24.35 points or 0.4 percent to 5,916.93…
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Arrive AI Debuts on Nasdaq Under Ticker Symbol “ARIA”
Arrive AI, a tech firm focused on autonomous delivery infrastructure, officially began trading on the Nasdaq under the ticker symbol (NASDAQ:ARAI) today, marking a major milestone in its journey toward revolutionizing last-mile logistics. To commemorate the listing, founder and CEO Dan O’Toole hosted a launch event where the company’s debut was broadcast live. The display…
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Dick’s Sporting Goods to Acquire Foot Locker in $2.4B Deal Amid Sluggish Retail Climate
Dick’s Sporting Goods (NYSE:DKS) announced on Thursday that it will acquire Foot Locker (NYSE:FL) in a $2.4 billion all-cash deal, a move aimed at bolstering its position in the athletic footwear market during a period of soft consumer demand and growing trade tensions. The $24-per-share offer represents an 86% premium over Foot Locker’s last closing…
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Darling Ingredients Shares Slide Amid Biofuel Policy Uncertainty
Darling Ingredients Inc. (NYSE:DAR) saw its stock fall by as much as 9% on concerns surrounding potential changes to U.S. biofuel blending regulations, before trimming losses to trade around 6.7% lower by midmorning. Investor anxiety was triggered by news that the Environmental Protection Agency’s proposed Renewable Volume Obligations (RVOs) are now being reviewed by the…
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UBS Downgrades Alcoa as Alumina Outlook Weakens, Valuation Stalls
UBS has downgraded Alcoa Corp. (NYSE: AA) from Buy to Neutral, citing a deteriorating outlook for alumina and concerns that the recent rally in Alcoa shares has left limited room for further upside. In a note to clients, UBS analysts said they still hold a positive medium-term view on aluminum prices but expect alumina to…
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Fiserv Shares Slide as Clover Growth Outlook Disappoints
Fiserv (NYSE:FI) saw its stock plunge 13% after the company’s Chief Financial Officer, Robert Hau, suggested that growth in its Clover point-of-sale business would remain flat in the second quarter, echoing first-quarter results. Speaking at a JPMorgan investor conference, Hau acknowledged that Clover’s payment volume growth has come under investor scrutiny. In Q1, the platform…
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Pinterest Stock Upgraded by Wolfe Research on Strengthening Fundamentals and Diminished Macroeconomic Risks
Wolfe Research has upgraded Pinterest (NYSE:PINS) to Outperform from Peer Perform, maintaining a $40 price target, citing easing macroeconomic pressures and ongoing improvements in the platform’s core business. In a note to clients on Thursday, the firm said its more bullish outlook stems from a less daunting economic backdrop, notable enhancements in Pinterest’s product suite…
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Xponential Fitness Shares Slide After CEO Retirement Announcement
Xponential Fitness Inc. (NYSE:XPOF) saw its stock tumble nearly 19% on Thursday following news that CEO Mark King will be stepping down due to health concerns. The unexpected announcement triggered investor unease, fueling a steep selloff amid concerns about the company’s leadership stability. King, who has led the global franchisor of boutique fitness and wellness…
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CoreWeave Shares Drop as AI Infrastructure Spending Overshadows Revenue Outlook
Shares of CoreWeave (NASDAQ:CRWV) slid more than 6% on Thursday following the company’s first earnings report since its March IPO, as investors reacted to a projected surge in capital expenditures that far outpaces expected revenue for 2025. The Nvidia-backed AI cloud provider revealed plans to invest heavily in infrastructure, estimating annual capital spending at nearly…