ADVFN US – Market Content Editor

Bitcoin (COIN:BTCUSD) extended its recent losses on Tuesday, slipping back below $109,000 after its weekend rally ran out of momentum, leaving the broader crypto market under pressure despite improving sentiment in traditional risk assets. By 09:26 ET (13:26 GMT), Bitcoin was down 2.3% at $108,820, leading declines across major cryptocurrencies even as investors grew more…

Warner Bros. Discovery (NASDAQ:WBD) stock surged as much as 9% on Tuesday after the media and entertainment giant announced it has begun a formal review of strategic alternatives, spurred by unsolicited interest from multiple potential buyers. The company said its board will explore several possibilities, including moving ahead with its existing plan to split into…

WORK Medical Technology Group Ltd (NASDAQ:WOK) saw its stock climb 4.5% on Tuesday after announcing a $1 million strategic investment in Neologics Bioscience Inc., a Delaware-based medical technology company specializing in artificial intelligence integration for healthcare applications. The investment secures WORK Medical a 10% equity stake in Neologics on a post-investment basis, bringing the startup’s…

Peoples Bancorp Inc. (NASDAQ:PEBO) reported third-quarter results on Tuesday that were broadly in line with Wall Street expectations, as robust loan growth helped counter ongoing pressure on interest margins. The Ohio-based bank posted diluted earnings per share of $0.83, matching analyst forecasts. Total revenue reached $115.18 million, slightly shy of the $116.88 million consensus estimate.…

Draganfly Inc. (NASDAQ:DPRO) shares rose 2% on Tuesday, while Palladyne AI Corp. (NASDAQ:PDYN) slipped 2.6%, after the two companies unveiled a new collaboration to integrate Palladyne’s AI technology into Draganfly’s drone platforms. The partnership focuses on incorporating Palladyne’s Pilot AI software into Draganfly’s unmanned aerial vehicle (UAV) systems. This edge-based software is designed to allow…

Fortress Biotech Inc (NASDAQ:FBIO) stock climbed 3.3% on Tuesday after the company revealed that a treatment developed by one of its subsidiaries had advanced into Phase 3 clinical trials for gout. Urica Therapeutics, a majority-owned subsidiary of Fortress, announced that Crystalys Therapeutics has begun dosing patients in two global Phase 3 studies testing dotinurad, a…

Barclays analysts anticipate a constructive backdrop for Etsy (NASDAQ:ETSY) and eBay (NASDAQ:EBAY) as both companies prepare to report third-quarter results, according to a new research note. The bank reiterated its “overweight” rating on eBay with a price target of $92 and maintained an “equal weight” rating on Etsy with a $60 target. Barclays noted it…

Beyond Meat (NASDAQ:BYND) shares soared more than 60% on Tuesday after the company revealed a major distribution expansion with Walmart, bringing a broader range of its plant-based products to more than 2,000 stores nationwide. The news extended a remarkable three-day rally that has already seen the stock climb roughly 180%, with traders increasingly eyeing the…

Cleveland-Cliffs Inc. (NYSE:CLF) shares soared 22% after the company revealed it had signed a memorandum of understanding (MOU) with a foreign steel producer and was evaluating potential rare-earth mineral opportunities at its iron ore mines in Michigan and Minnesota. But analysts at Wells Fargo were quick to label the market’s reaction as excessive, downgrading the…