ADVFN US – Market Content Editor
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DePuy Synthes secures exclusive NOVOSIS bone graft distribution partnership (JNJ)
DePuy Synthes, a subsidiary of Johnson & Johnson (NYSE:JNJ), announced an exclusive distribution agreement with CGBIO for the bone graft substitute NOVOSIS across the United States, Canada and Australia. NOVOSIS designed for multiple orthopaedic applications NOVOSIS is a growth factor-based bone graft substitute intended for use in a range of orthopaedic procedures, including spinal surgery,…
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Groupon shares climb after restructuring plan and upgraded outlook (GRPN)
Shares of Groupon (NASDAQ:GRPN) rose 5% on Tuesday after the company announced a major restructuring initiative that includes global workforce reductions and improved full-year earnings guidance. Company plans up to 400 job cuts worldwide Groupon said its board approved the restructuring program on May 21, with plans to eliminate up to 400 positions globally. The…
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Oklo enters talks with U.S. government over use of Cold War plutonium fuel (OKLO)
Oklo (NASDAQ:OKLO) said on Tuesday that it has been chosen by the U.S. Department of Energy for advanced negotiations related to the use of surplus Cold War-era plutonium as fuel for nuclear reactors. Trump policy shift redirected plutonium disposal strategy The initiative follows an executive order signed roughly a year ago by Donald Trump, which…
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TeraWulf shares rise after securing 1GW-plus Kentucky data campus project (WULF)
Shares of TeraWulf (NASDAQ:WULF) gained 4.7% in premarket trading on Tuesday after the company announced the acquisition of a hyperscale high-performance computing development site in eastern Kentucky. New Muskie Data Campus expected to exceed 1GW capacity The acquisition establishes the Muskie Data Campus, which TeraWulf said is expected to support more than one gigawatt of…
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NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)
Shares of NANO Nuclear Energy (NASDAQ:NNE) surged 14% after the company announced the acquisition of Secured Transportation Services LLC, a specialist provider of nuclear logistics and transportation services. Acquisition expands nuclear transportation capabilities The deal adds Secured Transportation Services, a company with more than two decades of experience in transporting nuclear materials, to NANO Nuclear’s…
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Clear Secure shares rise after Samsung digital ID partnership announcement (YOU)
Shares of Clear Secure (NYSE:YOU) gained 2.4% in premarket trading on Tuesday after the company unveiled a partnership with Samsung Electronics America to introduce Samsung ID with CLEAR. Partnership integrates CLEAR identity verification into Samsung Wallet The collaboration brings CLEAR’s identity verification technology into Samsung Wallet, enabling U.S. passport holders to create and store a…
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BP shares slide after board removes chairman over governance concerns (BP.)
Shares of BP (NYSE:BP) fell 5.2% in premarket trading on Tuesday after the company announced the immediate dismissal of Chairman and Director Albert Manifold following governance-related concerns. Board cites governance and conduct issues BP said its board unanimously decided to remove Manifold after identifying serious concerns linked to governance standards, oversight and conduct, according to…
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Marvell shares jump after analysts lift price targets ahead of earnings (MRVL)
Shares of Marvell Technology (NASDAQ:MRVL) surged 7% on Tuesday after several Wall Street firms raised their price targets ahead of the company’s earnings release scheduled for Wednesday. HSBC issues Street-high target on AI infrastructure optimism HSBC upgraded Marvell to Buy and increased its price target to $300 from $85, establishing the highest target currently on…
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Hyperfine shares rise after expected Russell index addition (HYPR)
Shares of Hyperfine (NASDAQ:HYPR) gained 4% in premarket trading on Tuesday after the company announced that it is expected to be added to both the Russell 3000 Index and the Russell 2000 Index. Russell inclusion set to take effect after June reconstitution The medical technology company said its inclusion is expected to occur as part…
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Semiconductor shares climb in premarket trade as investor confidence improves
U.S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran. The rally followed strength across Asian markets, where artificial intelligence-linked technology stocks advanced in both Hong Kong and South…