ADVFN US – Market Content Editor
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Fusion Fuel unit Al Shola Gas secures $1.16 million LPG engineering contracts in Dubai
Fusion Fuel Green (NASDAQ:HTOO) said its indirectly held subsidiary Al Shola Al Modea Gas Distribution has been awarded two engineering subcontracts in Dubai valued at about $1.16 million. The contracts cover the design, supply, installation, testing and commissioning of centralized LPG systems across multiple buildings within two residential developments in the United Arab Emirates. Work…
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Blue Hat to carry out 1-for-50 reverse stock split starting March 6
Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) said it plans to implement a 1-for-50 reverse stock split of its ordinary shares, effective Friday, March 6, 2026. Trading on a split-adjusted basis is set to begin at the market open on March 6. As of March 2, the company had 113,012,000 ordinary shares outstanding with a par…
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FTC Solar shares tumble on weak first-quarter revenue outlook
FTC Solar (NASDAQ:FTCI) shares dropped sharply in premarket trading Thursday after the company issued a first-quarter revenue forecast that came in well below market expectations. The solar tracker manufacturer said it expects Q1 revenue of $20 million to $25 million, far short of analysts’ projections of about $35.1 million, according to LSEG data. FTC Solar…
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Olaplex posts modest Q4 sales growth, swings to annual loss
Olaplex Holdings (NASDAQ:OLPX) reported slightly higher fourth-quarter sales but posted a wider loss as the haircare group navigated mixed channel performance and continued its strategic transformation. Net sales for the fourth quarter rose 4.3% year over year to $105.1 million. The company recorded a net loss of $13.1 million, compared with a loss of $8.8…
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BioXcel posts encouraging Phase 2 results for opioid withdrawal therapy BXCL501
BioXcel Therapeutics (NASDAQ:BTAI) reported positive topline results from a Phase 2 investigator-sponsored trial evaluating its experimental therapy BXCL501 for the treatment of opioid withdrawal symptoms in adults undergoing methadone tapering. The study, funded by the National Institute on Drug Abuse, enrolled 80 participants diagnosed with opioid use disorder. Researchers compared BXCL501 administered at doses of…
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U.S. Labor Productivity Jumps More Than Expected in Fourth Quarter
A separate report from the U.S. Department of Labor released Thursday showed that labor productivity increased far more than economists had anticipated in the fourth quarter of 2025. The department said productivity rose by 2.8% during the quarter, following a sharply higher, upwardly revised gain of 5.2% in the third quarter. Economists had expected productivity…
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U.S. Import Prices Rise Slightly More Than Expected in January
Data released Thursday by the U.S. Department of Labor showed that import prices rose slightly more than economists had anticipated in January. According to the report, import prices increased by 0.2% during the month, matching December’s gain after that figure was revised higher. Economists had forecast a smaller rise of 0.1%. The report also indicated…
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U.S. Jobless Claims Hold Steady at 213,000 Ahead of Key Payrolls Report
New data from the U.S. Department of Labor released Thursday showed that the number of Americans filing for unemployment benefits for the first time remained steady in the latest reporting week. Initial jobless claims totaled 213,000 for the week ending February 28, matching the revised figure from the previous week. Economists had anticipated a slight…
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Wall Street Futures Indicate Lower Start to Trading: Dow Jones, S&P, Nasdaq
U.S. stock index futures suggest a weaker opening for Wall Street on Thursday, with markets expected to pull back after the major benchmarks finished the previous session mostly higher. Rising energy costs are likely to weigh on investor sentiment, as crude oil prices resumed their upward surge after closing only slightly higher on Wednesday. Oil’s…
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Okta shares climb after fourth-quarter earnings beat expectations
Okta Inc (NASDAQ:OKTA) shares moved higher in U.S. premarket trading on Thursday after the company reported fourth-quarter results that came in above market expectations. The stock gained about 2.4% ahead of the opening bell on Wall Street, reversing earlier declines. The identity management specialist reported adjusted earnings per share of $0.90, exceeding the analyst consensus…