ADVFN US – Market Content Editor
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Micron shares slip as CEO signals rising capital needs despite strong tech outlook
Micron Technology, Inc. (NASDAQ:MU) dipped around 1% on Wednesday after executives hinted at upcoming increases in capital spending during a discussion at RBC Capital Markets’ 2025 Global Technology conference. Speaking at the event in New York, CEO Sanjay Mehrotra said the company’s current annual capex pace of roughly $18 billion could come under “pressure” amid…
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Actelis Networks shares climb after securing new order from major Japanese railway operator
Actelis Networks Inc. (NASDAQ:ASNS) edged 2.2% higher in premarket trading Wednesday after revealing that it has landed a fresh order from a leading railway operator in Japan. The deal, valued at roughly $100,000, will supply Actelis’ cyber-hardened networking technology for a critical infrastructure modernization initiative. The company’s hybrid networking solutions let rail operators upgrade communication…
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Iron Mountain shares sink after Gotham City targets company with sharp short report
Iron Mountain (NYSE:IRM) tumbled 6% on Wednesday after short-seller Gotham City Research published a highly critical report that challenges the company’s financial reporting and leverage profile. In its detailed note, Gotham accuses the records management giant of distorting key financial metrics, alleging that Iron Mountain adjusts its leverage and EBITDA calculations to make its balance…
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GT Biopharma shares advance as flagship GTB 3650 trial escalates to next dose level
GT Biopharma Inc. (NASDAQ:GTBP) saw its stock rise 4.1% on Wednesday after announcing that its Phase 1 study for its lead immunotherapy, GTB 3650, has progressed to a higher dose tier. GTB 3650 — a second-generation TriKE engineered to stimulate natural killer (NK) cells to attack cancer — has now been administered to six patients…
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GE Vernova shares climb after landing first overseas onshore wind repower deal
GE Vernova Inc. (NYSE:GEV) gained 4.8% on Wednesday after revealing that it has secured its first international onshore wind repowering contract, partnering with Taiwan Power Company (TPC) to upgrade aging turbines. The agreement—announced at the B20 South Africa 2025 Summit in Johannesburg—calls for GE Vernova to deliver 25 repower upgrade kits for TPC’s GE Vernova…
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Fibrobiologics slides after unveiling $4 million registered direct offering financed with gold coins
Fibrobiologics Inc. (NASDAQ:FBLG) shares fell 8.7% on Wednesday after the clinical-stage biotech firm announced a $4 million registered direct offering that was priced at-the-market under Nasdaq regulations. The deal includes 3,540,000 shares of common stock along with pre-funded warrants for 8,570,203 shares, all sold to an existing investor at $0.3303 per share or per pre-funded…
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Mawson Infrastructure sinks after unveiling 1-for-20 reverse split to restore Nasdaq compliance
Shares of Mawson Infrastructure Group Inc. (NASDAQ:MIGI) plunged 28.5% on Wednesday after the digital infrastructure company said it will carry out a 1-for-20 reverse stock split in an effort to bring its share price back into line with Nasdaq listing requirements. The company’s Board of Directors has approved the reverse split, scheduled to take effect…
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Nixxy shares move higher after company rules out digital asset treasury shift
Nixxy Inc. (NASDAQ:NIXX) saw its stock climb 4.9% on Wednesday after the AI communications firm said it will not move forward with any digital asset treasury strategy, wrapping up a recently conducted strategic review. The company—whose operations center on AI-powered communications tools and data infrastructure—said it had fielded numerous approaches from banks, crypto platforms, and…
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Redwire shares climb after company lands $44 million DARPA contract
Redwire Corporation (NYSE:RDW) saw its stock jump 9% on Wednesday after the space technology firm revealed it has secured a $44 million Phase 2 award from the Defense Advanced Research Projects Agency (DARPA) to advance its Otter Very Low Earth Orbit (VLEO) mission. The newly awarded funding will support final manufacturing and the delivery of…
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GDS Holdings posts in-line Q3 revenue with 10.2% growth
GDS Holdings Limited (NASDAQ:GDS), one of China’s largest data center developers and operators, reported third-quarter results on Wednesday that aligned with analyst expectations as utilization rates improved and AI demand continued to strengthen. Shares edged 1% higher following the release. Revenue for the quarter came in at RMB2.89 billion ($405.6 million), matching consensus estimates and…