ADVFN US – Market Content Editor

UniFirst Corporation (NYSE:UNF) saw its shares climb 3.6% on Monday after activist investor Engine Capital publicly called on the company’s board to evaluate a possible sale. In a letter addressed to UniFirst’s trustees, Engine Capital — which holds roughly 3.2% of UniFirst’s outstanding common stock — criticized the board for declining to engage in private…

AMD (NASDAQ:AMD) shares sank 9% by late morning on Tuesday, while Nvidia (NASDAQ:NVDA) slid 6.5%, after reports emerged that Meta Platforms (NASDAQ:META) may shift part of its future AI hardware spending toward Google’s custom processors — a move that could meaningfully disrupt the current GPU landscape. The Information reported that Google (NASDAQ:GOOGL) has begun actively…

Abercrombie & Fitch Co. (NYSE: ANF) jumped more than 16% in premarket trading after the retailer delivered stronger-than-expected third-quarter results and boosted its full-year guidance, helped by exceptional momentum at its Hollister brand. For the quarter, the company posted adjusted earnings of $2.36 per share, exceeding analyst expectations of $2.20. Revenue reached an all-time quarterly…

Best Buy (NYSE:BBY) traded more than 3% higher in Tuesday’s premarket session after the electronics retailer delivered stronger-than-anticipated fiscal third-quarter results for FY26 and raised its guidance for the year. The company posted earnings per share of $1.40, topping Wall Street’s $1.30 consensus estimate.Revenue also exceeded expectations, coming in at $9.67 billion versus the projected…

Dick’s Sporting Goods Inc. (NYSE:DKS) shares slipped 5.8% in Tuesday’s premarket session after the retailer posted third-quarter results that came in below Wall Street expectations, even as it boosted its full-year forecast for its core DICK’S business. The company delivered adjusted earnings of $2.07 per share, well under the consensus estimate of $2.71, while revenue…

Splash Beverage Group Inc. (AMEX:SBEV) shares tumbled 12.7% in premarket trading on Tuesday after the company revealed a new joint venture aimed at entering the fast-growing hemp-derived THC beverage market. The agreement, struck with B.A.A.D Ventures LLC, gives Splash a 51% controlling stake in the newly formed venture, with B.A.A.D retaining the remaining 49%. The…

Lunai Bioworks Inc. (NASDAQ:LNAI) jumped 19.7% in Tuesday’s premarket session after the AI-driven biotech firm announced it has received its first Letter of Intent for licensing its next-generation immune cell therapy. According to the company, its therapy produced complete regression of primary and metastatic pancreatic tumors in humanized preclinical studies, with no signs of return.…

Tempest Therapeutics Inc. (NASDAQ:TPST) shares tumbled 12.9% in premarket trading on Tuesday after the biotech firm announced a registered direct offering aimed at raising roughly $4.25 million. The company said it has signed a definitive agreement with a single healthcare-focused institutional investor to issue 1,172,414 shares of common stock (or equivalent securities) at a price…

ZenaTech Inc. (NASDAQ:ZENA) shares climbed 2.4% in Tuesday’s premarket session after the AI-driven drone and tech solutions firm announced the opening of a new office in the Washington, D.C. metro area, a move designed to deepen engagement with federal agencies and expand its presence in the U.S. defense sector. The new location in Manassas, Virginia…

Barnes & Noble Education (NYSE:BNED) shares surged 23% on Tuesday after the company announced it has wrapped up an internal investigation and released preliminary financial results for fiscal 2025 as well as the first half of fiscal 2026. The company said the internal review uncovered that a former employee had improperly lowered cost of sales…