ADVFN US – Market Content Editor
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Huize Holding Reports Record Insurance Premiums as First-Half Profit Jumps
Huize Holding (NASDAQ:HUIZ) reported record insurance premiums for the first half of 2026, alongside faster first-year premium growth and a sharp increase in GAAP net profit as the insurance technology company expanded its use of AI across operations. Gross written premiums reached RMB4.20 billion, up 29.8% year over year, while first-year premiums climbed 48.7% to…
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Micron unveils $10 billion U.S. research lab focused on memory and AI
Micron Technology (NASDAQ:MU) has announced the creation of Micron Research Labs, a new U.S.-based research institution backed by a planned $10 billion investment over the next decade. Headquartered in Boise, Idaho, the initiative will concentrate on next-generation memory technologies, advanced memory and computing architectures, semiconductor packaging and manufacturing. Micron describes the project as the first…
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AC Immune shares rise after encouraging early Phase 1 data for ACI-19764
AC Immune SA (NASDAQ:ACIU) shares gained 3.9% in premarket trading on Thursday after the clinical-stage biopharmaceutical company reported preliminary Phase 1 results for ACI-19764, its experimental NLRP3 inflammasome inhibitor. The early findings showed that the orally administered small-molecule drug was safe and well tolerated across single and multiple ascending-dose cohorts involving healthy volunteers in Europe.…
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Sypris Solutions shares rise after winning satellite power unit contract
Sypris Solutions Inc (NASDAQ:SYPR) shares gained 4.6% in premarket trading on Thursday after the company secured a contract to manufacture power processing units for a next-generation satellite constellation. The award was received by subsidiary Sypris Electronics from an unnamed space technology company and covers engineering support, material procurement and high-volume production. Financial details of the…
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Amentum shares rise 3% after securing $974 million NASA contract
Amentum (NYSE:AMTM) shares climbed 3.1% in premarket trading on Thursday after the engineering and technology services company was awarded a $974 million contract by NASA to support operations at the Langley Research Center in Hampton, Virginia. The Center Maintenance, Operations, and Engineering II contract, known as CMOE II, covers a broad range of maintenance, engineering…
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Qtrex Quantum shares plunge 16% after announcing $10 million stock offering
Qtrex Quantum Ltd (NASDAQ:QTEX) shares dropped 16% in premarket trading on Thursday after the company unveiled a $10 million registered direct offering involving more than 11 million ordinary shares. The Israel-based company has entered into a definitive securities purchase agreement with institutional investors covering the sale of 11,111,111 ordinary shares. Participants include one existing institutional…
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ScanSource shares jump 19% after Q4 beat and $220.5 million MicroAge deal
ScanSource Inc. (NASDAQ:SCSC) shares surged 19.2% in premarket trading on Thursday after the technology distributor delivered stronger-than-expected fourth-quarter results and unveiled an agreement to acquire IT solutions integrator MicroAge for $220.5 million in cash. Adjusted earnings per share reached $1.46, comfortably ahead of the $1.14 analyst consensus. Quarterly revenue climbed 17% year-on-year to $953.1 million…
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U.S. jobless claims drop to 206,000, beating forecasts
The number of Americans filing for unemployment benefits for the first time declined more than expected in the latest weekly data, providing another indication that the U.S. labour market remains resilient. Initial jobless claims fell to 206,000, coming in below the 210,000 economists had forecast. The reading was also lower than the previous week’s 212,000…
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Wall Street set for lower open as surging oil prices revive inflation concerns: Dow Jones, S&P, Nasdaq, Futures
U.S. stocks were poised to open lower on Thursday, threatening to reverse part of the previous session’s modest rebound as a sharp rise in crude oil prices renewed concerns about the economic consequences of the continuing conflict in the Middle East. U.S. crude futures surged more than 3% to their highest level in almost a…
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Twin Disc tops Q4 forecasts as strong demand drives record revenue
Twin Disc, Inc. (NASDAQ:TWIN) reported better-than-expected fourth-quarter results on Thursday, supported by strong demand across its Land-Based Transmissions and Marine and Propulsion Systems businesses. Adjusted earnings per share came in at $0.64, comfortably ahead of the analyst consensus of $0.48. Revenue reached $114.4 million, beating expectations of $106 million and rising 18.3% from $96.7 million…