ADVFN US – Market Content Editor
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Mobix Labs Lands U.S. Navy Tomahawk Missile Component Order
Defense technology supplier Mobix Labs (NASDAQ:MOBX) has secured a significant production purchase order tied to the U.S. Navy’s Tomahawk cruise missile program—highlighting the company’s growing role in the defense electronics supply chain. The order calls for high-reliability filtering components used to protect sensitive onboard electronics from electromagnetic interference (EMI). These components are already integrated into…
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Gold edges higher but set for second weekly decline as Iran conflict fuels inflation worries
Gold prices ticked up during Asian trading on Friday, though the precious metal remained on course for a second consecutive weekly loss as investors weighed the inflationary risks tied to the U.S.-Israel conflict with Iran. Bullion found some support as both the U.S. dollar and oil prices paused their recent advances, particularly after Washington announced…
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Bitcoin rises toward $71K as U.S. regulatory optimism outweighs Iran war concerns
Bitcoin (COIN:BTCUSD) moved higher on Friday, building on recent gains and reaching a one-week high as expectations for a more supportive regulatory environment in the United States helped offset lingering market anxiety surrounding the U.S.-Israel conflict with Iran. The world’s largest cryptocurrency was also on track to post a weekly advance, aided in part by…
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Oil holds above $100 as Iran conflict keeps markets on edge — key drivers to watch: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly lower early Friday as crude prices stayed elevated amid ongoing hostilities in the Middle East. Brent crude continues to trade above the $100-per-barrel mark, with little sign of an imminent slowdown in the joint U.S.-Israeli offensive against Iran, which has now lasted more than a week. Rising energy costs have…
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U.S. Stocks Tumble To Lowest Closing Levels In Over Three Months
After closing little changed for two straight days, stocks moved sharply lower over the course of the trading session on Thursday. With the steep losses on the day, the major averages dropped to their lowest closing level in well over three months. The major averages finished the day just off their lows of the session.…
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Sleep Number reports mixed Q4 results as cost cuts and product launches lift investor sentiment
Sleep Number Corporation (NASDAQ:SNBR) reported mixed results for the fourth quarter and full year of 2025, with sales declining amid a challenging consumer environment while profitability and cost-control efforts exceeded expectations. The mattress maker posted full-year net sales of $1.41 billion, a 16% decline from the prior year. The drop was partly due to the…
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YY Group projects 39–41% revenue growth for fiscal 2025
YY Group Holding Limited (NASDAQ:YYGH) reported preliminary results for fiscal year 2025 indicating revenue of approximately $57 million to $58 million, representing year-over-year growth of about 39% to 41%, according to a company press release. The Singapore-based workforce solutions and facilities management provider expects gross profit to range between $7.5 million and $8.0 million, reflecting…
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Brenmiller Energy completes Tempo Beverages thermal storage project
Brenmiller Energy Ltd. (NASDAQ:BNRG) announced that construction of its thermal energy storage project at Tempo Beverages Ltd. has been completed and the system has entered the commissioning phase, according to a company press release. The company’s shares currently trade around $0.83, close to a 52-week low of $0.81, giving the firm a market capitalization of…
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Turbo Energy to raise $3.25M through registered direct offering
Turbo Energy, S.A. (NASDAQ:TURB) has signed a securities purchase agreement with a single institutional investor for a registered direct offering of 1,000,000 American Depositary Shares priced at $3.25 per ADS, according to a company press release. The solar energy storage company expects to generate gross proceeds of about $3.25 million before deducting placement agent fees…
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Marzetti expands sauces portfolio with $400M Bachan’s acquisition
Marzetti (NASDAQ:MZTI) has strengthened its sauces portfolio through the acquisition of California-based Bachan’s in a deal valued at $400 million. Bachan’s produces Japanese-American–style barbecue and dipping sauces and generated approximately $87 million in sales last year. The company was founded in 2019 by Justin Gill and is headquartered in Sebastopol, California. Marzetti announced the acquisition…