ADVFN US – Market Content Editor
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Genasys Shares Gain After Securing $1.4 Million in International LRAD Orders
Genasys Inc. (NASDAQ:GNSS) shares rose 3% in premarket trading on Tuesday after the company disclosed approximately $1.4 million in orders for its Long Range Acoustic Devices across Asia-Pacific and European markets. The orders were placed by customers in Australia, Japan, Thailand, Vietnam, Papua New Guinea, Lithuania and Latvia. Genasys said the LRAD systems will support…
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U.S. Housing Starts Tumble 12.4% in July as Building Permits Surge
New residential construction in the United States fell significantly more than expected in July, although a sharp increase in building permits offered a more encouraging signal for future housing activity, according to figures released Tuesday by the Commerce Department. Housing starts plunged 12.4% to a seasonally adjusted annual rate of 1.239 million units in July.…
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U.S. Import and Export Prices Fall More Than Expected in July
U.S. import prices unexpectedly declined in July, while export prices recorded an even steeper fall, according to new figures released Tuesday by the Labor Department. The latest data showed import prices decreased 0.4% during July, extending a revised 0.3% decline in June. The result was considerably weaker than economists had anticipated. Analysts had forecast a…
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Rising Treasury Yields and Oil Prices Put Wall Street Under Fresh Pressure: Dow Jones, S&P, Nasdaq, Futures
U.S. stocks were set for another weaker start on Tuesday, with major index futures pointing lower after Wall Street retreated during the previous two sessions. Technology shares appeared particularly vulnerable, with Nasdaq 100 futures falling 1.3% as rising Treasury yields increased pressure on growth-oriented stocks. The 30-year U.S. bond yield climbed to its highest level…
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Klarna Shares Plunge as Full-Year Revenue Outlook Disappoints
Klarna Group plc (NYSE:KLAR) shares dropped 14.4% in pre-market trading after the fintech company issued full-year 2026 revenue guidance below Wall Street expectations, overshadowing stronger-than-forecast second-quarter results. Klarna reported quarterly revenue of $1.04 billion, representing growth of 27% year on year and beating the analyst consensus of $992.82 million. Adjusted earnings per share came in…
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Hesai Group Shares Drop Despite Strong Q2 Revenue Growth
Hesai Group (NASDAQ:HSAI) shares fell 6.09% in pre-market trading on Tuesday even after the 3D perception technology company reported second-quarter revenue growth of more than 20% and extended its run of GAAP profitability. Revenue for the quarter ended June 30, 2026 reached RMB860.8 million ($126.9 million), up 21.9% from RMB706.4 million in the same period…
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Enphase Energy Opens U.S. Pre-Orders for First Commercial Battery System
Enphase Energy, Inc. (NASDAQ:ENPH) has opened U.S. pre-orders for the IQ Battery C80, marking the company’s entry into the commercial battery storage market, according to a press release issued on August 18, 2026. The new all-in-one, AC-coupled system combines battery packs and microinverters within a single enclosure. It is designed to provide 80 kWh of…
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Rocket One Launches Swarm Stage AI for U.S. Military Drone-Threat Training
Rocket One Inc. (NASDAQ:RKTO) has launched Swarm Stage AI, a drone-swarm threat-emulation platform designed for counter-unmanned aircraft system (C-UAS) training, testing and evaluation by U.S. military and defence organisations. The new platform builds on swarm-coordination technology previously deployed in commercial applications capable of synchronising thousands of aircraft simultaneously. Its underlying technology incorporates a library containing…
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Baidu Revenue Falls Short as Advertising Weakness Offsets AI Cloud Growth
Baidu (NASDAQ:BIDU) shares fell 3.5% in pre-market trading on Tuesday after the Chinese technology group reported second-quarter revenue below Wall Street expectations, as continued weakness in its advertising operation outweighed stronger growth from AI-related businesses. The company generated quarterly revenue of 31.33 billion yuan ($4.65 billion), down 4% from a year earlier and below the…
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VNET Shares Slide After Q2 Earnings Miss and Cautious 2026 Guidance
VNET Group, Inc. (NASDAQ:VNET) shares fell 5.88% in pre-market trading on Tuesday after the carrier- and cloud-neutral internet data centre services provider reported second-quarter results that fell short of analyst expectations for both earnings and revenue. The company posted an adjusted loss per share of RMB0.06, compared with analyst expectations for adjusted earnings of RMB1.58…