ADVFN US – Market Content Editor

Alphabet Inc. (NASDAQ:GOOG) Class C shares reached a new all-time high of $226.43, giving the tech giant a market capitalization of $2.56 trillion. Over the past year, the stock has surged 34.33%, reflecting sustained investor confidence. Analysts continue to issue strong buy recommendations, with the highest price target set at $270. Investors will be watching…

Apple Inc. (NASDAQ:AAPL) shares rose 3.9% in premarket trading Wednesday following a ruling by U.S. District Judge Amit Mehta in the Google antitrust case, which analysts described as highly favorable for the iPhone maker. In a note, Morgan Stanley called the decision “a near best-case scenario” for Apple, adding that the company “can still collect…

Locafy Limited (NASDAQ:LCFY) saw its stock surge 50% after reporting promising initial outcomes from its newly implemented artificial intelligence sales team. The company, a provider of location-based digital marketing solutions, revealed that its pilot AI sales campaign delivered 18 meetings, 130 warm leads, and several proof-of-concept deployments over just four days. The initiative targeted 900…

WhiteFiber Inc. (NASDAQ:WYFI) announced that the underwriters of its initial public offering have exercised the full over-allotment option, purchasing an additional 1,406,250 ordinary shares at $17.00 each, generating roughly $23.9 million in additional gross proceeds. With this exercise, the total number of shares sold in the IPO rises to 10,781,250, increasing total gross proceeds to…

Wave Life Sciences Ltd. (NASDAQ:WVE) saw its stock decline 17% after providing an update from its ongoing RestorAATion-2 trial of WVE-006 for Alpha-1 Antitrypsin Deficiency (AATD). The clinical-stage biotech company reported that its RNA editing oligonucleotide achieved sustained production of serum AAT protein at levels linked to reduced risk of AATD-related liver and lung disease…

Sprinklr (NYSE:CXM) posted mixed results for its second quarter, falling short on profit expectations while revenue exceeded forecasts. The company also provided optimistic guidance for the third quarter and full fiscal year. Despite the revenue beat, Sprinklr shares fell 1.4% in premarket trading Wednesday. The company reported non-GAAP diluted EPS of $0.08, below analyst expectations…

Campbell’s Company (NASDAQ:CPB) saw its shares rise 2.2% in premarket trading after reporting better-than-expected fourth-quarter results, despite challenges from tariffs and inflation. The company posted adjusted earnings of $0.62 per share for the quarter, exceeding analyst expectations of $0.56. Revenue reached $2.32 billion, slightly below the consensus estimate of $2.33 billion. The quarter included an…

Solowin Holdings (NASDAQ:SWIN) saw its stock climb 14% after announcing the completion of its $350 million purchase of AlloyX Limited, a provider of stablecoin infrastructure. The acquisition merges AlloyX’s technology and team into Solowin’s broader financial ecosystem and includes a 12-month lock-up period for all selling shareholders, encompassing the founding team and strategic investors. According…

Macy’s Inc. (NYSE:M) shares jumped 11% in premarket trading Wednesday after the department store chain reported second-quarter results that surpassed expectations and raised its full-year guidance, fueled by its strongest comparable sales growth in three years. The retailer posted adjusted earnings of $0.41 per share, well above analyst estimates of $0.19. Revenue reached $4.8 billion,…

J.Jill (NYSE:JILL) reported second-quarter results that exceeded analyst expectations but provided a cautious sales forecast for the third quarter of fiscal 2025. Shares slipped slightly in premarket trading on Wednesday. The retailer posted Q2 earnings of $0.81 per share, surpassing the average analyst estimate of $0.76, on revenue of $154 million, compared with the consensus…