ADVFN US – Market Content Editor

Paychex Inc. (NASDAQ:PAYX) shares slipped 2.8% in premarket trading Wednesday after the HR services provider posted fourth-quarter financial results that met analyst expectations on both revenue and earnings. The company reported adjusted diluted earnings per share (EPS) of $1.19 for the quarter, exactly matching consensus forecasts. Revenue came in at $1.43 billion, representing a solid…

ECARX Holdings Inc. (NASDAQ:ECX) stock jumped 9% in pre-market trading Wednesday after the mobility technology company revealed a new partnership to integrate its lidar systems into robotic lawn mowers. The deal with a prominent yet unnamed global developer of robotic lawn mowers signals ECARX’s strategic move to broaden its reach beyond automotive intelligence into the…

AgEagle Aerial Systems Inc. (NYSE:UAVS) saw its stock rise by 2% following the announcement of two additional eBee X drone sales in South Korea. This sale pushes the total number of AgEagle’s eBee drones operating in the country to over 100 units. The eBee X, a leading fixed-wing drone built for precise geospatial data gathering,…

Contineum Therapeutics Inc (NASDAQ:CTNM) experienced an 8.4% decline in its stock price following the announcement of a delay in releasing topline results from its Phase 1b study of PIPE-791. The biopharmaceutical company, currently in the clinical stage, completed enrolling both healthy volunteers and patients with progressive multiple sclerosis (PrMS) for the trial. However, it now…

Bumble (NASDAQ:BMBL) shares climbed 13% following the company’s announcement of plans to cut approximately 240 jobs worldwide, amounting to about 30% of its workforce. In a regulatory filing, Bumble revealed that its Board of Directors approved the layoffs on June 23, 2025, aiming to “realign its operating structure to better focus on strategic priorities.” The…

Tesla (NASDAQ:TSLA) experienced a significant 27.9% drop in new vehicle sales across Europe in May compared to the previous year, even as fully electric vehicle sales surged 27.2% in the region. The American electric carmaker’s market share in Europe shrank to 1.2% in May from 1.8% a year earlier, marking the fifth straight month of…

Shares of Allot Ltd. (NASDAQ:ALLT) declined by 13% following the announcement of its underwritten public offering priced at $8.00 per share, marking a steep discount compared to the previous close of $9.61. The company, which specializes in network intelligence and security solutions, is offering 5 million ordinary shares, with an additional option for underwriters to…

General Mills (NYSE: GIS) has issued a cautionary forecast for its current fiscal year, highlighting weak category sales growth and a decline in income as the company navigates challenges from tariff-related cost pressures. The packaged foods leader, known for brands like Cheerios and Chex, is feeling the impact of consumers tightening their budgets amid ongoing…

AST SpaceMobile (NASDAQ:ASTS) shares declined by 7.75% after the company revealed plans to repurchase $225 million of its convertible notes due 2032 and to raise funds through a registered direct offering of common stock. The company will buy back $225 million of its 4.25% convertible notes maturing in 2032 via private deals with select noteholders.…

Shares of Precision BioSciences, Inc. (NASDAQ:DTIL) jumped 17% on Wednesday after the company announced that its gene therapy candidate, PBGENE-DMD, received the Rare Pediatric Disease Designation from the U.S. Food and Drug Administration (FDA). This special designation recognizes the urgent need for innovative treatments for Duchenne muscular dystrophy (DMD), a rare genetic condition that primarily…