ADVFN US – Market Content Editor
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Veritex Holdings Tops Q2 Earnings Forecasts, Margins Improve Slightly; Stock Ticks Up
Veritex Holdings, Inc. (NASDAQ:VBTX), the parent of Veritex Community Bank, posted second-quarter earnings that beat Wall Street projections, sending its shares up 1.1% after the announcement. While revenue came in just shy of expectations, profitability and credit metrics remained solid. For the quarter ending June 30, 2025, the Dallas-based lender delivered adjusted earnings per share…
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Pop Culture Group Shares Surge 25% After Unveiling Cryptocurrency Expansion Plans
Pop Culture Group Co Ltd (NASDAQ:CPOP) saw its stock jump 25% following the announcement of its strategic entry into the cryptocurrency sector, with a rollout planned for July 2025. The Chinese cultural content and events company said it intends to embed crypto payment solutions into its core operations, aiming to reduce transaction costs and speed…
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Mesoblast Shares Jump 25% on Strong Debut Sales of Ryoncil
Mesoblast Ltd. (NASDAQ:MESO) saw its stock surge 25% after reporting the first commercial sales for Ryoncil, its newly launched treatment for pediatric steroid-refractory acute graft-versus-host disease (SR-aGvHD). The therapy generated $13.2 million in gross revenue during its first quarter on the U.S. market. Ryoncil, officially launched on March 28, 2025, is the first and only…
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Telomir Pharmaceuticals Skyrockets 150% on Breakthrough Preclinical Cancer Results
Shares of Telomir Pharmaceuticals Inc. (NASDAQ:TELO) soared 150% on Thursday after the biotech firm unveiled compelling preclinical results for its experimental cancer therapy, Telomir-1. The data suggest the company’s lead drug candidate may significantly outperform standard cancer treatments in reactivating silenced tumor suppressor genes. In recent laboratory studies, Telomir-1 was shown to restore the function…
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Draganfly Shares Sink 27% After Announcing $25M Direct Offering at Discount
Draganfly Inc. (NASDAQ:DPRO) saw its stock plummet 27% on Thursday after unveiling the pricing details of a $25 million registered direct offering, sparking investor concerns about dilution and valuation. The drone technology firm confirmed it has entered into a securities purchase agreement with institutional investors for the sale of 4,672,895 units, each priced at $5.35.…
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Bit Digital Shares Climb After Expanding Ethereum Holdings With $67M Investment
Shares of Bit Digital Inc. (NASDAQ:BTBT) rose 4% after the crypto mining firm announced the acquisition of nearly 20,000 Ethereum (ETH), deepening its commitment to digital asset accumulation. The company disclosed that it used proceeds from a recently completed $67.3 million registered direct offering to institutional investors to purchase approximately 19,683 ETH. This brings its…
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MEI Pharma Shares Surge After Unveiling $100 Million Litecoin Treasury Plan
MEI Pharma, Inc. (NASDAQ:MEIP) saw its stock more than double following the announcement of a $100 million private placement aimed at building a Litecoin treasury reserve. This move makes MEI the first publicly traded company on a major U.S. exchange to hold Litecoin (LTC) as a core treasury asset. Headquartered in San Diego, MEI Pharma…
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U.S. Stocks Edge Higher on Strong Earnings; Netflix Dips Despite Solid Results
U.S. equities saw modest gains on Friday as investors assessed a fresh wave of upbeat second-quarter earnings reports and continued signs of economic resilience, even as trade uncertainties linger. By 09:32 ET, the Dow Jones Industrial Average was up 85 points, or 0.2%, the S&P 500 added 12 points, also 0.2%, and the NASDAQ Composite…
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U.S. New Home Construction Surpasses Expectations with Strong June Gains
New residential building activity in the U.S. experienced a stronger-than-anticipated rebound in June, according to data released Friday by the Commerce Department. Housing starts rose 4.6% to an annualized rate of 1.321 million units last month, following a sharp 9.7% decline to a revised 1.263 million pace in May. Economists had forecasted a more modest…
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Dow Jones, S&P, Nasdaq, U.S. Stocks Set for Gains as Economic Data and Earnings Boost Confidence
U.S. markets look ready to open higher Friday, building on solid gains from the last two days. Positive economic reports and strong earnings results are helping ease worries over President Trump’s trade policies. 3M (NYSE:MMM) shares jumped 2.7% pre-market after beating Q2 expectations and raising its sales outlook. American Express (NYSE:AXP) also impressed with better-than-expected…