ADVFN US – Market Content Editor
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Fabrinet Shares Slide Despite Earnings Beat as Margins and Cash Flow Disappoint
Fabrinet (NYSE:FN) shares fell 8.6% in pre-market trading on Tuesday as investors looked beyond stronger-than-expected fiscal fourth-quarter 2026 revenue and earnings and focused instead on weaker margins, negative free cash flow and a softer near-term profit outlook. The decline extended the negative reaction seen after Monday’s closing bell, when the stock initially dropped around 7%…
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Pony.ai Expands Overseas Robotaxi Pipeline Beyond 4,000 Vehicles
Pony.ai (NASDAQ:PONY) has expanded its pipeline of planned and potential international robotaxi deployments to more than 4,000 vehicles, highlighting the Chinese autonomous driving company’s growing ambitions outside its domestic market. The update came alongside strong second-quarter results, with Pony.ai reporting total revenue of $36.2 million, an increase of 68.8% compared with the same period a…
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DocGo Shares Tumble After Earnings Miss and Wider Loss Forecast
DocGo (NASDAQ:DCGO) shares fell sharply in pre-market trading on Tuesday after the mobile healthcare and medical transportation provider reported weaker-than-expected second-quarter 2026 results and significantly increased its projected full-year adjusted EBITDA loss. The stock dropped 12.7% to $0.62 before the opening bell after DocGo posted an adjusted loss of $0.16 per share, compared with the…
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Gold Slips Below $4,400 as Higher Oil Prices and Treasury Yields Weigh
Gold prices moved lower on Tuesday as rising U.S. Treasury yields and stronger oil prices reduced demand for bullion, while investors awaited the minutes from the Federal Reserve’s July policy meeting for further indications on the outlook for interest rates. At 02:26 ET (06:26 GMT), XAU/USD fell 0.5% to $4,395.78 an ounce, while Gold Futures…
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Oil Prices Reach Near Three-Week High as US-Iran Peace Prospects Deteriorate
Oil prices advanced for a third consecutive session on Tuesday as fading hopes for an end to the Middle East conflict increased concerns that disruptions to regional energy supplies could persist. Brent crude futures gained 35 cents, or 0.39%, to $91.22 a barrel by 0827 GMT, while U.S. West Texas Intermediate crude futures rose 81…
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Wall Street Futures Fall as Middle East Risks, Oil Prices and Canada Tariffs Take Focus: Dow Jones, S&P, Nasdaq
U.S. stock futures moved lower on Tuesday as investors monitored another rise in oil prices and the risk that disruption to the Strait of Hormuz could persist, while fresh U.S. tariffs on Canada and upcoming Home Depot (NYSE:HD) earnings also remained in focus. Gold slipped back below $4,400 an ounce, while crude prices strengthened following…
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Stocks Slip as Middle East Tensions Offset an AI-Fueled Chip Rally
U.S. stocks closed lower on Monday as renewed violence in the Middle East rattled investors and pushed oil prices higher, overshadowing a strong rally in semiconductor names. Traders spent the session weighing geopolitical risk against fresh optimism about artificial intelligence, and caution won out ahead of a busy week of retail earnings and Federal Reserve…
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American Fusion Appoints Samson Lee as Independent Director to Support Asian Expansion Strategy
American Fusion (USOTC:AMFN) has appointed Asian financial markets and digital-assets executive Samson Lee as an independent director, adding capital-markets, corporate governance and international business experience as the fusion-energy developer evaluates longer-term opportunities across Asia. The Samson Lee appointment expands American Fusion’s board expertise beyond energy technology and comes as the company pursues its planned progression…
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Anavex Urges Shareholders to Back Six Director Nominees Ahead of 2026 Annual Meeting
Anavex Life Sciences (NASDAQ:AVXL) has mailed a letter urging shareholders to vote for all six of its director nominees ahead of the company’s September 24 annual meeting, highlighting their experience across drug development, healthcare, capital allocation, finance and regulatory affairs. The Anavex director vote puts corporate governance in focus ahead of the meeting, with the…
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Impact Fusion Expands Production Capacity With New Proprietary Machinery
Impact Fusion International (USOTC:IFUS) has expanded production capacity at its Napoleonville, Louisiana facility with the installation of a retrofitted Selco/Mosley Badger Double Ram Press, targeting higher output and lower production costs as customer demand and back orders increase. The production expansion is expected to give IFUS initial capacity of 600 bales per day while using…