ADVFN US – Market Content Editor

Trump Media & Technology Group Corp (NASDAQ:DJT) revealed on Tuesday that it has entered into a strategic partnership with the cryptocurrency platform Crypto.com. Under the terms of the deal, Trump Media will acquire around $105 million worth of CRO, Crypto.com’s native token. In exchange, Crypto.com will invest $50 million in Trump Media shares. The collaboration…

UBS advised investors to look past near-term challenges in tech stocks, emphasizing that artificial intelligence (AI) remains a key driver of long-term portfolio growth. In a note, the bank pointed out that U.S. equities pulled back on Monday after a recent rally fueled by Federal Reserve Chair Jerome Powell’s indication that rate cuts may be…

Gaotu Techedu Inc. (NYSE:GOTU) saw its shares rise 4.8% on Thursday after reporting second-quarter revenue that exceeded analyst projections, despite a slight miss on earnings. The Chinese edtech company posted revenue of RMB1.39 billion ($215.5 million) for the quarter ending June 30, 2025, above the RMB1.24 billion expected by analysts and reflecting a 37.6% increase…

EHang Holdings Limited (NASDAQ:EH) saw its shares decline 10.34% in pre-market trading Tuesday after reporting second-quarter revenue that fell slightly below analyst expectations, despite strong year-over-year and sequential growth. The urban air mobility firm posted revenue of RMB147.2 million ($20.5 million) for Q2, missing the RMB150.93 million consensus estimate. Nonetheless, this represented a 44.2% increase…

Shares of Gilat Satellite Networks (NASDAQ:GILT) rose 5% following the announcement of a new $25 million contract with Peru’s national telecommunications program to enhance digital connectivity across the country. The agreement, executed through Gilat’s Peruvian subsidiary, focuses on modernizing the Regional Broadband network in the Cusco region. The network will be migrated over the next…

Bank of Nova Scotia (NYSE:BNS) exceeded expectations in its third-quarter results on Tuesday, reporting a 15% year-on-year increase in adjusted earnings per share, fueled by revenue growth and positive operating leverage. Following the announcement, the bank’s shares rose 0.92% in pre-market trading. The Canadian financial institution posted adjusted earnings of C$1.88 per share, surpassing analyst…

Ranpak Holdings Corp. (NYSE:PACK) saw its stock jump 16% following news that Walmart (NYSE:WMT) will significantly broaden its use of the company’s automation technology. Under the new agreement, Walmart will roll out Ranpak’s AutoFill™ systems to five Next Generation Fulfillment Centers, extending beyond the current installation at its McCordsville, Indiana facility. The additional sites include…

Morgan Stanley now anticipates the Federal Reserve will start lowering interest rates as early as September, following a notable shift in tone from Chair Jerome Powell at Jackson Hole. “We now forecast Fed rate cuts beginning in September,” analysts at Morgan Stanley said, noting that Powell “signaled increased concern over labor market risks and leaned…

Shares of Advanced Micro Devices (NASDAQ:AMD) rose 2.8%, while International Business Machines (NYSE:IBM) gained 0.9% after the two technology leaders unveiled a new partnership focused on next-generation quantum-focused supercomputing systems. The alliance seeks to create scalable, open-source platforms that merge IBM’s quantum computing capabilities with AMD’s high-performance computing and AI acceleration technologies. This hybrid strategy…

Eli Lilly and Company (NYSE:LLY) saw its stock rise in Tuesday premarket trading after the pharmaceutical firm reported encouraging results from a Phase 3 trial of its oral weight loss medication, clearing the path for global regulatory submissions later this year. The ATTAIN-2 study demonstrated that orforglipron achieved its primary endpoint and all key secondary…