ADVFN US – Market Content Editor
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Nike Shares Climb After CEO Increases Stake
Nike (NYSE:NKE) shares gained 2.2% in premarket trading on Thursday after chief executive Elliott Hill added to his holdings in the sportswear group. Hill acquired 23,660.235 shares at a price of $42.265 each on April 13, according to a filing with the Securities and Exchange Commission. The purchase follows an investment of roughly $1 million…
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TeraWulf Shares Slide on $800 Million Equity Raise Plan and Soft Q1 Outlook
TeraWulf (NASDAQ:WULF) shares fell 6.6% to $19.45 in premarket trading on Wednesday after the company unveiled plans for an $800 million equity offering and released preliminary first-quarter figures that missed analyst expectations. The Maryland-based data centre infrastructure group said proceeds from the share sale will be used in part to fund development of a new…
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Smartphone Market Slips as Chip Shortage Hits, While Apple and Samsung Post Gains
The global smartphone market declined in the first quarter of 2026, bringing an end to a 10-quarter expansion streak, as shortages of memory chips and rising costs linked to the Iran conflict pressured manufacturers, according to data from IDC. Chinese handset makers were hit hardest by the supply disruptions, with Xiaomi posting the steepest annual…
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Meta Deepens Broadcom Partnership to Advance Custom AI Chip Development
Meta (NASDAQ:META) has expanded its collaboration with chipmaker Broadcom (NASDAQ:AVGO) to develop multiple generations of in-house artificial intelligence processors, as the company accelerates efforts to scale the infrastructure needed to support AI-driven features across its platforms. The updated agreement, announced Tuesday, runs through 2029 and includes an initial deployment exceeding one gigawatt of computing power—roughly…
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Oil Extends Decline as Prospects of Renewed U.S.-Iran Talks Weigh on Prices
Oil prices slipped for a second consecutive session on Wednesday, as expectations grew that negotiations between the United States and Iran could restart, potentially unlocking supply from the Middle East currently constrained by the closure of the Strait of Hormuz. Brent crude futures fell by 16 cents, or 0.2%, to $94.63 per barrel at 06:35…
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Gold Slips from One-Month Peak as Focus Turns to U.S.-Iran Talks
Gold prices edged lower in Asian trading on Wednesday after reaching a one-month high, as investors turned their attention to the prospects of renewed negotiations between the United States and Iran ahead of a ceasefire deadline next week. The precious metal had surged in the previous session, supported by improved risk sentiment after U.S. officials…
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Futures Steady as Iran Talks Hopes and Earnings Season Shape Market Mood: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to major U.S. indices were little changed, as investors monitored the prospect of renewed peace discussions between the United States and Iran. Hopes of easing tensions have helped keep oil prices below the $100-per-barrel level, even as Washington maintains a blockade on Iranian ports. At the same time, the earnings season continues to…
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Cooler Inflation and Easing Iran Tensions Power Nasdaq to 10-Day Winning Streak
U.S. stocks pushed broadly higher on Tuesday, with the Nasdaq Composite extending its advance to a tenth straight session — its longest winning streak since 2021 — as a surprisingly cool Producer Price Index reading and further signs of de-escalation in the U.S.-Iran standoff gave investors a pair of reasons to buy. The soft inflation…
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Rocket Lab Introduces Gauss Electric Thruster to Support Satellite Constellations
Rocket Lab Corporation (NASDAQ:RKLB) has launched its new Gauss electric propulsion system, developed to meet growing demand from satellite constellation operators. The company also announced the creation of a production line capable of delivering more than 200 thrusters per year, aiming to ease supply constraints in the electric propulsion market. The Gauss system combines a…
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Unity Bancorp Tops Q1 Estimates with $1.40 EPS
Unity Bancorp, Inc. (NASDAQ:UNTY) reported first-quarter results on Tuesday that came in ahead of analyst expectations, posting adjusted earnings per share of $1.40 versus the $1.37 consensus forecast. Revenue for the quarter reached $33.61 million, slightly above the $33.39 million estimate. The bank’s shares were unchanged in after-hours trading following the release. Net income for…