ADVFN US – Market Content Editor

  • SRM Entertainment Shares Climb on $100M TRON Treasury Initiative and Staking Milestone

    SRM Entertainment Shares Climb on $100M TRON Treasury Initiative and Staking Milestone

    SRM Entertainment (NASDAQ:SRM) shares gained 8% after the company announced it has successfully deployed over 365 million TRON (TRX) tokens into JustLend, a decentralized finance platform, as part of its broader $100 million TRON treasury strategy. The staking initiative enables SRM to earn an annualized yield of up to 10%, combining standard staking returns with…

  • Fortive Shares Dip After Finalizing Ralliant Spin-Off and Lowering Revenue Outlook

    Fortive Shares Dip After Finalizing Ralliant Spin-Off and Lowering Revenue Outlook

    Fortive Corp (NYSE:FTV) saw its stock decline by 1.9% after completing the spin-off of its Precision Technologies business and issuing a cautionary update on second-quarter revenue performance. The industrial conglomerate confirmed the successful completion of its 100% spin-off of Ralliant Corporation, with shares of the new company now trading on the NYSE under the ticker…

  • Blaize Stock Jumps on $56 Million Edge AI Deployment in Southeast Asia

    Blaize Stock Jumps on $56 Million Edge AI Deployment in Southeast Asia

    Blaize Holdings Inc (NASDAQ:BZAI) shares surged by 9.4% on Monday after the company announced it had secured a significant contract to roll out its edge AI technology across more than 250,000 smart surveillance endpoints throughout Southeast Asia. Valued at approximately $56 million, the contract is expected to generate $6 million in revenue during the second…

  • Google Signs Groundbreaking Fusion Energy Deal with Commonwealth Fusion Systems

    Google Signs Groundbreaking Fusion Energy Deal with Commonwealth Fusion Systems

    Alphabet Inc.’s Google (NASDAQ:GOOGL) has entered into a landmark agreement to purchase electricity from a fusion power plant currently under development in Virginia, becoming the first corporation to secure a direct power purchase deal tied to commercial fusion energy. The agreement, announced Monday, involves 200 megawatts of electricity from Commonwealth Fusion Systems (CFS), a company…

  • NextNRG Shares Gain on Planned Acquisition of Canadian Fuel Logistics Firm

    NextNRG Shares Gain on Planned Acquisition of Canadian Fuel Logistics Firm

    NextNRG Inc. (NASDAQ:NXXT) shares climbed 6.5% following the announcement of its intention to acquire ReFuel Mobile, a profitable mobile fueling provider based in Ontario, Canada. The deal, outlined in a non-binding letter of intent, would give NextNRG 100% ownership of ReFuel, with payment to be made either in cash or in restricted common shares, depending…

  • Joby Aviation Shares Climb After Successful Piloted Test Flights in Dubai

    Joby Aviation Shares Climb After Successful Piloted Test Flights in Dubai

    Joby Aviation, Inc. (NYSE:JOBY) saw its stock jump 6.75% after announcing the successful completion of piloted, wingborne vertical takeoff and landing (VTOL) flights in Dubai, a key step in the company’s path to launching commercial operations. The electric air taxi manufacturer delivered its first aircraft to the United Arab Emirates under a strategic collaboration with…

  • Avadel Stock Climbs as Appeals Court Backs FDA Approval of LUMRYZ

    Avadel Stock Climbs as Appeals Court Backs FDA Approval of LUMRYZ

    Shares of Avadel Pharmaceuticals PLC (NASDAQ:AVDL) rose 4.7% following a key legal victory, as a U.S. appeals court unanimously upheld the FDA’s approval of LUMRYZ, the company’s once-nightly treatment for narcolepsy. The decision marks a significant step forward in Avadel’s efforts to solidify its presence in the sleep disorder treatment space. The U.S. Court of…

  • BitMine Stock Skyrockets on $250M Private Placement to Back Ethereum Strategy

    BitMine Stock Skyrockets on $250M Private Placement to Back Ethereum Strategy

    Shares of BitMine Immersion Technologies (AMEX:BMNR) surged 180% after the company unveiled a $250 million private placement aimed at executing a bold Ethereum-centric treasury strategy. The initiative could position BitMine among the largest publicly traded holders of Ethereum (ETH). The funding round includes the sale of 55,555,556 common shares priced at $4.50 each, targeting gross…

  • Moderna Shares Climb on Strong Phase 3 Results for Flu Vaccine Candidate

    Moderna Shares Climb on Strong Phase 3 Results for Flu Vaccine Candidate

    Moderna Inc (NASDAQ:MRNA) saw its stock rise 3.8% after announcing that its experimental flu vaccine, mRNA-1010, delivered positive results in a Phase 3 clinical trial, showing greater efficacy than standard influenza vaccines. In adults aged 50 and older, the mRNA-based vaccine candidate demonstrated a relative vaccine efficacy of 26.6% against influenza illness when compared to…

  • Rocket Pharmaceuticals Shares Gain on FDA Green Light for Gene Therapy Targeting Heart Failure

    Rocket Pharmaceuticals Shares Gain on FDA Green Light for Gene Therapy Targeting Heart Failure

    Shares of Rocket Pharmaceuticals Inc (NASDAQ:RCKT) advanced 2.4% after the company announced that the U.S. Food and Drug Administration has approved its Investigational New Drug (IND) application for RP-A701, a gene therapy aimed at treating BAG3-associated Dilated Cardiomyopathy (DCM). The regulatory green light represents a major development for Rocket’s pipeline of cardiovascular gene therapies. RP-A701…