ADVFN US – Market Content Editor
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Dollar Rebounds After Steep Drop; Sterling Firms Ahead of U.K. Budget
The U.S. dollar nudged higher on Wednesday, recovering slightly after its sharp slide in the prior session as traders continued to position for a potential Federal Reserve rate cut in December. The British pound, meanwhile, held steady as markets awaited the U.K.’s Autumn Budget announcement. At 03:50 ET (08:50 GMT), the Dollar Index — which…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, AI Trade Shows Signs of Fracturing; Dell Lifts Outlook; Deere Earnings on Deck – What’s Moving Markets
U.S. stock futures ticked higher early Wednesday as investors assessed shifting dynamics in the artificial intelligence trade. Dell Technologies (NYSE:DELL) lifted its full-year outlook on the back of soaring demand for AI-focused servers, while Deere & Co prepares to issue its latest quarterly numbers. Traders will also be watching for the Federal Reserve’s upcoming release…
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A tungsten miner positioned to bolster US national security
Mills grinding tungsten ore at the Sangdong mine. Source: Almonty Industries Relations between the United States and Chinese governments are currently contentious, marked by public spats to and fro, in unwavering attempts to gain the upper hand in the global industrial complex. As the world’s two largest economies, their cooperation places a great deal at stake, including unmatched consumer…
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U.S. Stocks Move Notably Higher Following Early Volatility
After showing a lack of direction early in the session, stocks moved notably higher over the course of the trading day on Tuesday. The major averages all moved to the upside, with the tech-heavy Nasdaq joining the Dow and the S&P 500 in positive territory after an initial pullback. The major averages pulled back off…
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Peloton stock rebounds after report suggests slow initial uptake of new AI-driven equipment
Peloton Interactive (NASDAQ:PTON) shares dipped about 0.5% early Tuesday but quickly rebounded after a Bloomberg report indicated that the company’s latest AI-enabled fitness products are off to a soft start. Bloomberg stated that Peloton’s new Cross Training Series has seen only limited early traction at major U.S. retail partners in the eight weeks since launch.…
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Silexion stock jumps after toxicology studies show no systemic toxicity
Silexion Therapeutics Corp. (NASDAQ:SLXN) shares climbed 5.9% on Tuesday after the company reported encouraging results from toxicology studies for its pancreatic cancer candidate SIL204, confirming the absence of systemic organ toxicity in two animal models. The outcome marks a key milestone for the clinical-stage biotech firm, which remains on schedule to launch a Phase 2/3…
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PharmaCyte Biotech stock surges following profitable exit from Femasys investment
PharmaCyte Biotech Inc. (NASDAQ:PMCB) shares skyrocketed 67.8% on Tuesday after the company announced it had completed the successful monetization of its stake in Femasys Inc. (NASDAQ:FEMY), significantly bolstering its liquidity. The sale is projected to lift PharmaCyte’s combined cash and marketable securities to roughly $20 million, up from $13.3 million reported as of July 31,…
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Clean Energy Technologies stock soars after securing $10M BESS project
Clean Energy Technologies, Inc. (NASDAQ:CETY) shares surged 58.9% on Tuesday after the company announced it has won a $10 million contract to deliver a Battery Energy Storage System (BESS) project in New York State. The clean-tech firm said this award represents its largest energy-storage engagement to date, and marks the first of several similar installations…
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Lixte Biotechnology shares slide following purchase of UK-based Liora
Lixte Biotechnology Holdings Inc. (NASDAQ:LIXT) saw its stock drop 11.5% on Tuesday after the company announced the completion of its acquisition of Liora Technologies Europe Ltd., a UK firm focused on developing electronically controlled proton therapy systems for oncology. As part of the deal, Lixte now owns Liora’s flagship LiGHT System (Linac for Image Guided…
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Veralto shares advance following $435 million deal for In-Situ
Veralto Corp (NYSE:VLTO) climbed 3.3% in early Tuesday trading after the company unveiled a $435 million agreement to acquire In-Situ, a move that will broaden its footprint in the environmental water and hydrology technology sectors. The transaction—expected to close in the first quarter of 2026—will fold In-Situ’s specialized water analytics and monitoring tools into Veralto’s…