ADVFN US – Market Content Editor
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Tempus AI Shares Gain After Expanded Partnership with Gilead
Shares of Tempus AI Inc. (NASDAQ:TEM) climbed 3% on Friday morning after the company announced an expanded multi-year collaboration with Gilead Sciences Inc. (NASDAQ:GILD), aimed at supporting the development of Gilead’s oncology pipeline. The new agreement grants Gilead enterprise-wide access to Tempus’ AI-powered Lens platform, which offers expanded datasets across various disease areas along with…
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U.S. Inflation Picks Up as CPI Rises, Falls Slightly Short of Expectations
The latest Consumer Price Index (CPI) data has been released, offering an updated view of inflation trends across the U.S. economy. The CPI, which tracks changes in the prices consumers pay for a broad range of goods and services, showed a monthly increase of 0.9%. Although this reading came in just below the 1.0% forecast,…
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Futures Signal Flat Start for Wall Street as Markets Await Clarity: Dow Jones, S&P, Nasdaq
U.S. stock futures were pointing to a largely unchanged open on Friday, suggesting a subdued start to trading as investors pause after a late-session rebound in the previous day’s market. Market participants appear hesitant to take strong positions amid ongoing uncertainty surrounding the Middle East ceasefire. Speaking ahead of planned U.S.-Iran talks in Pakistan this…
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CoreWeave Shares Rise Premarket on AI Capacity Deal with Anthropic
Shares of CoreWeave (NASDAQ:CRWV) moved higher in U.S. premarket trading on Friday after AI startup Anthropic agreed to lease computing capacity from the cloud infrastructure specialist. CoreWeave said the partnership will support Anthropic in building and deploying its widely used Claude AI models. The two companies plan to begin with a “phased infrastructure roll-out,” with…
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Alibaba Reveals It Developed Top-Ranked AI Video Model HappyHorse
Alibaba (NYSE:BABA) has confirmed that it is the developer behind HappyHorse-1.0, an AI video model that recently climbed to the top of global benchmark rankings despite initially launching without attribution. The model first appeared earlier this week on the Artificial Analysis benchmarking platform without identifying its creator and quickly secured the number one position in…
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Apple Takes Top Spot in Global Smartphone Market for First Time in Q1 2026
Global smartphone shipments declined 6% year over year in the first quarter of 2026, as shortages of DRAM and NAND memory components disrupted supply chains and pushed up production costs, according to preliminary data from Counterpoint Research’s Market Monitor. Apple (NASDAQ:AAPL) claimed the leading position in the global smartphone market for the first time in…
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TSMC Reports 45% Surge in March Revenue, Beats Q1 Expectations
Taiwan Semiconductor Manufacturing Corp, or TSMC (NYSE:TSM), reported a sharp rise in March revenue, driven by strong demand linked to artificial intelligence, reinforcing its position as the world’s leading contract chipmaker. The strong monthly performance helped lift the company’s total revenue for the first quarter slightly above market expectations. March revenue climbed 45.2% year on…
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Lumentum Shares Rise on Strong AI-Driven Demand Outlook
Shares of Lumentum Holdings Inc (NASDAQ:LITE) moved higher in U.S. premarket trading on Friday after reports indicated that surging demand from the artificial intelligence sector is expected to keep its order book filled through 2028. Other companies in the optical components space also saw gains, including Coherent and Applied Optoelectronics, reflecting broader optimism across the…
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Organon Shares Jump on Reports of Potential $12 Billion Bid from Sun Pharma
Shares of Organon (NYSE:OGN) rose 8.4% to $7.49 in premarket trading on Friday after reports indicated that India’s Sun Pharmaceutical Industries is preparing to move forward with a $12 billion binding offer for the company. According to the Economic Times, Sun Pharma has spent the past three months conducting in-depth due diligence and is now…
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Gold Slips Ahead of U.S.-Iran Talks and CPI Release, Still Set for Weekly Gain
Gold prices moved slightly lower during Asian trading on Friday but remained on course for a weekly increase, supported by a fragile ceasefire between the United States and Iran. Investors, however, stayed cautious ahead of anticipated diplomatic talks over the weekend. Spot gold declined 0.2% to $4,752.29 per ounce as of 02:31 ET (06:31 GMT),…