ADVFN US – Market Content Editor
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Oil Prices Slip Following Fed Rate Cut and Mixed U.S. Inventory Reports
Oil prices softened in Asian trading on Thursday, retreating after earlier climbs to two-week highs as markets reacted to the Federal Reserve’s interest rate cut and mixed signals from U.S. crude inventory data. Crude had been trending upward this week, driven by ongoing military tensions between Russia and Ukraine, which raised concerns about potential disruptions…
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U.S. Stocks Close Mixed Following Significant Post-Fed Volatility
Stocks turned in a lackluster performance throughout much of the session on Wednesday before seeing substantial volatility in afternoon trading following the Federal Reserve’s highly anticipated monetary policy announcement. The major averages showed wild swings back and forth across the unchanged line before eventually closing mixed. While the Dow climbed 260.42 points or 0.6 percent…
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Diversified Energy shares drop after EIG secondary offering of 5.7 million shares
Diversified Energy Company PLC (NYSE:DEC) saw its stock decline 6.3% in premarket trading Wednesday following the announcement of a secondary share sale by major shareholders. The offering, priced at $13.75 per share, involves 5.7 million shares sold entirely by funds managed by EIG, FS/EIG Advisor, LLC, and entities overseen by FS/KKR Advisor, LLC. Diversified Energy…
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LightPath shares surge after $22.1M follow-on infrared camera order
LightPath Technologies Inc. (NASDAQ:LPTH) stock jumped 9.9% in premarket trading Wednesday following news that the company secured $22.1 million in follow-on purchase orders for its advanced infrared (IR) camera systems from a major global technology client. The new orders are scheduled for delivery in calendar year 2027 and come on the heels of an $18.2…
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Gorilla Technology shares jump after $1.4B Southeast Asia AI data center deal
Gorilla Technology Group Inc. (NASDAQ:GRRR) saw its stock surge 15% following the announcement of a major $1.4 billion contract with Freyr Singapore to build a network of AI-driven data centers throughout Southeast Asia. The three-year agreement establishes Gorilla as the primary provider of AI infrastructure, operational services, and end-to-end data center intelligence across Indonesia, Malaysia,…
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Vyome shares surge after encouraging preclinical data for eye treatment
Vyome Holdings Inc. (NASDAQ:HIND) stock jumped 55% in premarket trading Wednesday after the company shared promising preclinical study results for its eye inflammation therapy, VT-1908, during the American Society for Pharmacology and Experimental Therapeutics annual meeting. Vyome reported that its topical mycophenolate formulation showed comparable effectiveness to widely used steroids in treating anterior uveitis, the…
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Ascent Solar shares rise on defense-focused partnership with Defiant
Ascent Solar Technologies Inc (NASDAQ:ASTI) stock jumped 8.7% in premarket trading Wednesday after unveiling a strategic collaboration with Defiant Space Corporation aimed at the U.S. defense and national security markets. The alliance will merge Ascent’s flexible, space-proven thin-film photovoltaic technology with Defiant’s expertise in developing specialized space solutions. The partnership seeks to meet the increasing…
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New Era Energy & Digital shares jump on Texas fiber network agreement
New Era Energy & Digital, Inc. (NASDAQ:NUAI) saw its stock climb 11.5% in premarket trading Wednesday after announcing a major fiber network development deal through its joint venture. The company, previously operating as New Era Helium, said Texas Critical Data Centers LLC (TCDC)—its 50/50 joint venture with Sharon AI—signed a Memorandum of Understanding with GlobeLink…
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Snow Lake shares jump after promising uranium drilling results
Snow Lake Resources Ltd. (NASDAQ:LITM) surged 13.8% in premarket trading Wednesday following the release of initial drill results from its Pine Ridge Uranium Project in Wyoming. The uranium exploration firm, operating the project as a 50/50 joint venture with Global Uranium and Enrichment Limited, completed 33 drill holes totaling 12,540 meters. The program revealed several…
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IPM shares surge after reseller deal with AI platform MindsDB
Intelligent Protection Management Corp. (NASDAQ:IPM) saw its stock jump 43% in premarket trading Wednesday following the announcement of a reseller agreement with MindsDB, an open-source AI platform. Under the deal, IPM will become a Starter Minds customer and integrate MindsDB’s technology into its operations to enhance workflow efficiency. MindsDB provides AI analytics tools capable of…