ADVFN US – Market Content Editor

Coinbase (NASDAQ:COIN) stock rose 1.5% after the crypto exchange announced a strategic collaboration with JPMorgan Chase (NYSE:JPM) aimed at making digital asset access easier for mainstream bank users. The partnership introduces new tools that allow Chase customers to connect their bank accounts directly to Coinbase wallets through JPMorgan’s secure API. This bank-to-wallet integration will streamline…

Incannex Healthcare Inc. (NASDAQ:IXHL) shares jumped 10% after the company announced encouraging Phase 2 trial results for its experimental sleep apnea treatment, IHL-42X. According to topline data from the RePOSA trial, the investigational oral therapy produced statistically significant improvements on several major endpoints for obstructive sleep apnea (OSA). In particular, IHL-42X reduced the Apnoea-Hypopnoea Index…

Shares of VYNE Therapeutics (NASDAQ:VYNE) plummeted 70% on Wednesday after the biopharmaceutical company revealed that its Phase 2b clinical trial for repibresib gel in nonsegmental vitiligo failed to meet both its primary and key secondary endpoints. The trial did not achieve the F-VASI50 benchmark at week 24, which measures the proportion of patients achieving at…

Wingstop Inc. (NASDAQ:WING) shares jumped 15% in premarket trading Wednesday after the fast-casual chicken chain reported second-quarter earnings ahead of expectations and raised its global expansion guidance for the year. Adjusted earnings per share reached $1.00, topping Wall Street’s forecast of $0.87. Revenue also edged past estimates, coming in at $174.3 million, compared to the…

Option Care Health, Inc. (NASDAQ:OPCH), the largest independent provider of home and alternate site infusion therapy in the U.S., reported second-quarter results that beat analyst expectations, supported by double-digit revenue growth across its service lines. For the quarter ended June, the company posted revenue of $1.42 billion, marking a 15.4% year-over-year increase and exceeding the…

Steve Madden, Ltd. (NASDAQ:SHOO) delivered better-than-expected earnings for the second quarter, though its revenue came in below analyst forecasts as the footwear and accessories brand faced mounting pressure from newly imposed U.S. tariffs. The company reported adjusted earnings per share of $0.20, beating the $0.18 consensus estimate. Revenue rose 6.8% year-over-year to $559 million, missing…

Fortive Corporation (NYSE:FTV) saw its stock rise 2.95% in pre-market trading Wednesday, after the company posted second-quarter results that came in at the upper end of its guidance, even amid ongoing concerns around global trade and healthcare spending. The industrial technology firm reported adjusted earnings per share of $0.58, slightly below the $0.59 consensus but…

Shares of Marvell Technology (NASDAQ:MRVL) jumped 10% on Wednesday after analysts at Fubon Research pointed to a potentially lucrative collaboration with Microsoft (NASDAQ:MSFT) centered around next-generation AI chips. Fubon revealed that Microsoft has upgraded the design specs of its upcoming Maia300 chip—currently in development by Marvell—from 3nm with HBM3E to a more advanced 2nm architecture…

Reynolds Consumer Products Inc. (NASDAQ:REYN) reported stronger-than-expected second-quarter earnings on Wednesday, as the household goods maker continued to navigate a tough market environment. Shares rose 0.70% in premarket trading after the announcement. For Q2, the company delivered adjusted earnings per share of $0.39, edging past the $0.38 consensus forecast. Revenue totaled $938 million, also exceeding…

Private companies in the U.S. added more jobs than anticipated in July, according to data released Wednesday by payroll processing firm ADP. The report showed private sector employment increased by 104,000 jobs last month, rebounding from a revised loss of 23,000 jobs in June. The figures surpassed economists’ expectations, which called for a gain of…