ADVFN US – Market Content Editor
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Nukkleus Shares Surge on Aerospace Defense Joint Venture Announcement
Nukkleus Inc. (NASDAQ:NUKK) shares jumped 46% after the company unveiled a strategic joint venture with Israeli firm Mandragola Ltd., targeting modernization projects in commercial and defense aviation infrastructure. The collaboration will create advanced manufacturing hubs in the Baltics and Israel to support both civil and defense aviation requirements. Plans include a NATO-compliant logistics center in…
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NeoGenomics surges as court rules against Natera in patent dispute
Shares of NeoGenomics Inc (NASDAQ:NEO) jumped 25.4% after a North Carolina federal court ruled in its favor in a patent lawsuit filed by Natera Inc (NASDAQ:NTRA), whose stock declined 2.9% following the decision. The District Court for the Middle District of North Carolina granted NeoGenomics’ motion for summary judgment, declaring all of Natera’s asserted patent…
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BeOne Medicines climbs on positive early trial data for sonrotoclax
Shares of BeOne Medicines AG DRC (NASDAQ:ONC) gained 4.4% on Friday after the biotech announced encouraging topline findings from its Phase 1/2 clinical trial of sonrotoclax in patients with relapsed or refractory mantle cell lymphoma (MCL). The study, which included 125 adults who had previously been treated with both a Bruton’s tyrosine kinase inhibitor and…
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Maximize Your Crypto Earnings with DEAL Mining: The Ultimate Cloud Mining Solution
In the historical period, cryptocurrency has altered from a niche numerical trial into a global monetary capital. Today, Bitcoin, Ethereum, XRP, and other numerical currencies are not just asset properties but also tools for real-world expenditures, dispersed finance, and cross-border dealings. Together with this rise, one of the most talented novelties to arise is cloud…
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Dow Jones, S&P, Nasdaq, Futures Signal Lower Start on Wall Street After Data and Earnings Flow
U.S. equity futures were pointing to a softer open on Friday, suggesting stocks may retreat after a string of gains that recently pushed the S&P 500 to fresh record highs despite volatile sessions. Some traders appeared ready to lock in profits following the market’s resilience. Sentiment was further tested after the Commerce Department released inflation…
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U.S. Consumer Prices Rise in July, Matching Forecasts
Consumer prices in the United States moved higher in July, aligning with economist projections, according to figures released Friday by the Commerce Department. The department reported that its personal consumption expenditures (PCE) price index increased 0.2% in July, following a 0.3% gain in June. The result was consistent with market expectations. On a yearly basis,…
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Crypto Leaders Launch $200M Bitcoin Infrastructure SPAC
A team of cryptocurrency executives has joined forces to raise $200 million for a new blank-check company, seeking to capitalize on the wave of digital asset firms heading to public markets. The newly formed entity, Bitcoin Infrastructure Acquisition Corp. Ltd., is incorporated in the Cayman Islands and filed with regulators on Wednesday to list 20…
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Ed Yardeni questions whether Fed is preparing to fuel an already strong economy
In a note released Friday, Yardeni Research raised concerns that the Federal Reserve might add more stimulus to an economy that is already performing strongly. Ed Yardeni observed: “The bull market in stocks is making everyone who owns stocks richer,” citing Gallup data that showed 62% of Americans held equities at the end of 2024,…
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PepsiCo boosts Celsius Holdings stake, incorporates Rockstar Energy in strategic deal
PepsiCo Inc. (MASDAQ:PEP) is increasing its holding in Celsius Holdings Inc. to 11% through a $585 million investment in convertible preferred shares, according to a Bloomberg report on Friday. The agreement, expected to be announced on Friday, also includes Celsius acquiring PepsiCo’s Rockstar Energy brand in the United States and Canada. In addition, Alani Nu,…
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DuPont to divest Kevlar and Nomex operations to Arclin for $1.8 billion
DuPont de Nemours (NYSE:DD) announced Friday that it has reached a deal to sell its Aramids unit, which includes the Kevlar and Nomex product lines, to Arclin for $1.8 billion. The agreement, now finalized, involves Arclin—a company in the TJC portfolio (formerly The Jordan Company)—acquiring the business under the terms outlined by DuPont. As part…