ADVFN US – Market Content Editor

Teledyne e2v, a subsidiary of Teledyne Technologies (NYSE:TDY), has launched Nexora, a new family of backside-illuminated (BSI) global shutter CMOS image sensors designed for machine vision and imaging applications. The product range includes 12-megapixel and 16-megapixel sensors, available in both monochrome and colour versions. The company is targeting applications including high-resolution machine vision, intelligent traffic…

Vicor Corporation (NASDAQ:VICR) shares rose nearly 9.9% in premarket trading on Tuesday after the power electronics company raised its revenue outlook for the third quarter of 2026, citing royalty income from its expanding Vertical Power Delivery (VPD) licensing programme. The company now expects sequential revenue growth of more than 20%, compared with its previous forecast…

AbbVie (NYSE:ABBV) announced on Tuesday that the European Commission has approved Rinvoq (upadacitinib) for the treatment of active polyarticular juvenile idiopathic arthritis. The approval covers children aged two years and older who have had an inadequate response to one or more disease-modifying antirheumatic drugs (DMARDs). Rinvoq Expands Its Approved Uses in the EU The decision…

Alibaba Group (NYSE:BABA) unveiled a new artificial intelligence processor on Tuesday, describing it as China’s most powerful AI chip, while outlining plans to expand its data centre capacity to more than 20 gigawatts by 2032. Chief Executive Eddie Wu introduced the Zhenwu V900 accelerator at Alibaba’s annual Apsara Conference in Hangzhou, highlighting the company’s investment…

Novo Nordisk (NYSE:NVO) is considering acquisitions to strengthen its weight-loss drug pipeline and expand into related therapeutic areas as competition increases, Chief Executive Mike Doustdar said on Tuesday. Speaking to CNBC’s Squawk Box Europe, Doustdar said the Danish pharmaceutical company was examining opportunities to address gaps in its portfolio, including acquiring medicines that could complement…

DoorDash (NYSE:DASH) remained the lowest-cost third-party delivery provider in the third quarter, according to a Wells Fargo pricing survey released on Tuesday, despite recording the largest quarterly fee increase among the platforms compared. The survey found that DoorDash’s total basket costs were approximately 2% below those of Uber (NYSE:UBER) and Instacart, even as its fees…

Meta Platforms (NASDAQ:META) has announced a partnership with Shopify (NASDAQ:SHOP) to integrate shopping and payment capabilities into its recently launched artificial intelligence agent, Muse. Meta CEO Mark Zuckerberg confirmed the agreement on Monday in a post on X, saying the collaboration would “make shopping and checkout easier in Muse.” The partnership will allow users to…

Gold prices declined on Tuesday as the US dollar strengthened and investors assessed the possibility of further interest rate increases by the Federal Reserve following last week’s hike. At 04:43 ET (08:43 GMT), spot gold fell 0.5% to $4,320.19 an ounce, while gold futures dropped 0.7% to $4,355.90 an ounce. The dollar’s advance added pressure…

Oil prices rose on Tuesday after four consecutive sessions of losses, as investors assessed the possibility of renewed talks between the United States and Iran alongside developments affecting crude supplies from Saudi Arabia and Libya. At 04:18 ET (08:18 GMT), November Brent crude futures were up 1.3% at $101.59 a barrel, while US West Texas…