ADVFN US – Market Content Editor
-

American Bitcoin Shares Rise 1% Premarket After BTIG Initiates Coverage With Buy Rating
American Bitcoin (NASDAQ:ABTC) shares gained approximately 1% in premarket trading on Wednesday after BTIG initiated coverage of the company with a Buy rating and a $15 price target. The brokerage issued its assessment the previous evening. Its target represents approximately 88% potential upside from the stock’s previous closing price, based on the figures provided. The…
-

One Stop Systems Shares Rise 3.3% Premarket After $400,000 Defence Contract Award
One Stop Systems (NASDAQ:OSS) shares rose 3.3% in premarket trading on Wednesday after the company announced a $400,000 contract from a US prime defence contractor for missile defence simulation applications. The contract covers the company’s latest-generation 4UP Max PCIe expansion platform, configured with eight NVIDIA RTX PRO 6000 Blackwell graphics processing units (GPUs). The system…
-

Gilead Expands Lenacapavir Licensing Agreements to Include Once-Yearly HIV Prevention Formulation
Gilead Sciences (NASDAQ:GILD) has expanded six existing royalty-free voluntary licensing agreements to include an investigational once-yearly formulation of lenacapavir for HIV prevention, the company announced. The expanded agreements cover 120 countries with high HIV incidence, primarily low- and lower-middle-income nations. They are intended to support manufacturing preparations, technology transfer and supply planning ahead of potential…
-

Meritage Homes Shares Fall 2.3% in Premarket Trading After Truist Downgrade
Meritage Homes (NYSE:MTH) shares declined 2.3% in premarket trading on Wednesday after Truist Securities downgraded the US homebuilder from Buy to Hold and reduced its price target to $72 from $80. The revision follows Truist’s initiation of coverage in early March 2026, when the firm assigned a Buy rating and a $90 price target, citing…
-

US Retail Sales Rise 1.2% in August, Exceeding Economists’ Forecasts
US retail sales increased more than expected in August, rebounding from a decline in the previous month, according to figures released by the Commerce Department on Wednesday. Retail sales rose 1.2% in August after falling by a revised 0.5% in July. Economists had forecast a 0.7% increase for August. The July decline was revised from…
-

US Import Prices Rise 0.7% in August, Exceeding Expectations
US import prices increased more than expected in August, while export prices also rose following declines in the previous month, according to figures released by the Labor Department on Wednesday. Import prices climbed 0.7% in August after falling by a revised 0.3% in July. Economists had forecast a 0.3% increase for August. The July decline…
-

US Stock Futures Rise as Oil Prices Retreat Ahead of Federal Reserve Decision: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a higher opening on Wednesday as crude oil prices declined and investors awaited the Federal Reserve’s interest rate decision later in the day. The indicated rebound followed two consecutive sessions of losses that pushed the S&P 500 to its lowest closing level in more than a month. US crude…
-

Novo Nordisk Partners With Anthropic to Apply AI to Drug Discovery and Research
Novo Nordisk (NYSE:NVO) has announced a collaboration with artificial intelligence company Anthropic to integrate AI models into its drug discovery, research and development, and software engineering activities. The partnership will combine Anthropic’s AI technology with Novo Nordisk’s scientific expertise to investigate how AI can support biological reasoning, address research problems and improve R&D workflows. The…
-

CoreWeave Deploys Multi-Rack Nvidia Vera Rubin NVL72 Cluster for AI Workloads
CoreWeave (NASDAQ:CRWV) has announced the deployment of a multi-rack Nvidia Vera Rubin NVL72 cluster on CoreWeave Cloud, connecting hundreds of Nvidia Rubin graphics processing units (GPUs) into a single computing cluster. The infrastructure is designed to support agentic artificial intelligence workloads, which involve AI systems performing sequences of tasks and interacting with tools. The company…
-

Huntington Bancshares Shares Fall 3% After Bank Lowers Earnings Guidance
Huntington Bancshares (NASDAQ:HBAN) shares declined 3% on Monday after the regional bank reduced its fiscal 2027 earnings forecast and revised several elements of its 2026 outlook at the Barclays Global Financial Conference. The company cited higher short-term interest rates and competition in loan and deposit pricing as factors limiting the expected expansion of its net…