ADVFN US – Market Content Editor

Warner Bros. Discovery (NASDAQ:WBD) shares moved higher on Wednesday after a report indicated that European Union regulators are preparing to approve Paramount’s proposed acquisition of the media and entertainment company. The stock rose 1.25% as investors reacted positively to signs that the transaction may be moving closer to securing a key regulatory clearance. EU Approval…

FuelCell Energy (NASDAQ:FCEL) shares surged 16% on Wednesday after the company announced a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean power for data centres using its fuel cell technology. The agreement strengthens FuelCell Energy’s position in the rapidly expanding artificial intelligence and advanced computing infrastructure market, where…

FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top Estimates The package delivery company reported adjusted earnings of $6.31 per share for the fourth quarter, exceeding analyst expectations…

Wendy’s (NASDAQ:WEN) shares climbed 10.8% in premarket trading after the restaurant chain announced the appointment of Steve Cirulis as Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026. Cirulis succeeds Ken Cook, who will remain with the company in an advisory role through July to support the leadership transition. Familiar Leadership Team Reunites…

U.S. logistics property group Prologis (NYSE:PLD) has publicly disclosed its £12.6 billion ($16.62 billion) takeover proposal for Segro (LSE:SGRO) after the UK warehouse owner rejected the approach, escalating pressure on the company’s board to enter formal discussions. The move represents the latest attempt by an overseas buyer to acquire a London-listed business, as lower UK…

Qualcomm (NASDAQ:QCOM) is in discussions with China’s ByteDance about providing custom chip-design services, according to people familiar with the matter, as the U.S. semiconductor company seeks to broaden its business beyond its core smartphone market. If an agreement is reached, ByteDance, the owner of short-video platform TikTok, would become one of the first major customers…

Shares of (NASDAQ:CBRS) fell roughly 14% in premarket trading on Wednesday after the AI chipmaker delivered mixed first-quarter 2026 results, with strong revenue growth overshadowed by an earnings miss and weaker margin guidance. The company, which describes itself as the builder of “the world’s fastest AI infrastructure,” reported revenue of $193.4 million for the quarter,…