ADVFN US – Market Content Editor
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Viking Therapeutics Shares Surge 27% Following VK2735 Weight-Loss Study Results
Viking Therapeutics (NASDAQ:VKTX) shares rose 27% on Tuesday after the company reported positive topline results from a study evaluating maintenance dosing schedules for its investigational obesity treatment VK2735. The San Diego-based biopharmaceutical company said the findings demonstrated the potential for patients to maintain much of their initial weight loss with less frequent injections following a…
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AutoZone Q4 Adjusted Earnings Beat Estimates as Revenue Falls Short of Forecasts
AutoZone (NYSE:AZO) reported fourth-quarter adjusted earnings above analyst expectations, although revenue missed forecasts, sending its shares 2% higher in premarket trading. The automotive parts retailer posted adjusted earnings per share of $56.05 for the quarter ended 29 August 2026, exceeding the analyst consensus of $54.30. Net sales increased 5.6% to $6.6 billion from $6.2 billion…
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BlackBerry Shares Rise 9% as Coretura Selects Alloy Kore for Commercial Vehicle Platform
BlackBerry (NYSE:BB) shares climbed 9% on Tuesday after Coretura selected Alloy Kore, a software platform jointly developed by BlackBerry’s QNX division and Vector, for its software-defined commercial vehicle architecture. The agreement represents the first design win for Alloy Kore, which will serve as the safety-certified software foundation for high-performance computing within Coretura’s vehicle platform. Coretura…
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Gogo and Insitu Complete Satellite Connectivity Integration for Group 3 Uncrewed Aircraft
Gogo (NASDAQ:GOGO) and Insitu, a subsidiary of Boeing, have completed testing and integration of a modified high-speed satellite communications system designed for Group 3 Uncrewed Aerial Systems (UAS). The companies adapted Gogo’s Galileo HDX antenna for installation on Insitu’s Integrator UAS, providing connectivity through Eutelsat’s OneWeb low-Earth orbit satellite network. The integration was completed alongside…
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Canopy Growth Agrees UK Supply Deal for Four Medical Cannabis Strains
Canopy Growth Corporation (NASDAQ:CGC) has announced an agreement with GROW Group U.K. Ltd. to supply four Canadian-grown medical cannabis flower strains for distribution in the United Kingdom. The products will be marketed under Canopy Growth’s Spectrum Therapeutics medical brand, marking the initial introduction of these portfolio products to the UK market. GROW Group U.K. manufactures…
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Wall Street Futures Mixed as Investors Monitor Oil Prices and Middle East Diplomacy: Dow Jones, S&P, Nasdaq
US stock futures were mixed on Tuesday following strong gains in the previous session, as investors assessed geopolitical developments and another decline in oil prices. Dow Jones Industrial Average futures rose 0.33%, while S&P 500 futures edged up approximately 0.05%. Nasdaq futures slipped 0.02%, suggesting a more subdued start for technology stocks after Monday’s rally.…
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Building North America’s first new salt mine in nearly 30 years
For decades, road salt has been an overlooked commodity, quietly serving as one of North America’s most essential public safety materials. Every winter, municipalities, provinces, and states depend on vast quantities of de-icing salt to keep roads safe and maintain transportation networks. Yet despite its critical importance, North America has not developed a major new…
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Valens Semiconductor and onsemi Partner to Develop Integrated 3MP Automotive Camera Sensor
Valens Semiconductor (NYSE:VLN) has entered into a collaboration agreement with onsemi (NASDAQ:ON) to develop a cost-optimised image sensor incorporating MIPI A-PHY connectivity for high-volume automotive camera applications. The agreement, announced on 22 September 2026, focuses on integrating Valens’ connectivity technology directly into onsemi’s image sensors, targeting the 3-megapixel (3MP) segment. The companies aim to provide…
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Planet Labs Opens Berlin Satellite Manufacturing Facility With Capacity for 60 Spacecraft Annually
Planet Labs PBC (NYSE:PL) has opened a new satellite manufacturing facility in Berlin’s Mitte district, expanding its European operations and establishing production capacity for its Pelican satellite programme. German Federal Minister for Economic Affairs and Energy Katherina Reiche attended the opening of the 5,700-square-metre facility. The site has completed its cleanroom fit-out and is scheduled…
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ACI Worldwide Expands Connetic Payments Hub to Support Swift’s Blockchain Ledger
ACI Worldwide (NASDAQ:ACIW) has announced an expansion of its cloud-native payments hub, ACI Connetic, to support transactions processed through Swift’s blockchain-based ledger alongside conventional payment flows. The integration is designed to allow banks to manage tokenised deposit payments and traditional transactions within a single operating model, using existing infrastructure, workflows and operational controls. The approach…