ADVFN US – Market Content Editor
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Costco and Uber Eats Expand US Delivery Partnership to Nearly 600 Locations
Uber Technologies (NYSE:UBER) and Costco Wholesale (NASDAQ:COST) have expanded their US delivery partnership to 47 states, up from 17, making nearly 600 Costco locations available through the Uber Eats platform. The companies said the expanded service allows Costco members to place orders for on-demand or scheduled delivery through the Uber Eats app. Customers can purchase…
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LuxExperience Shares Rise Nearly 16% as Quarterly Revenue Exceeds Expectations
LuxExperience B.V. (NYSE:LUXE) shares gained 15.88% in premarket trading on Wednesday after the luxury e-commerce company reported fourth-quarter fiscal 2026 revenue above analyst expectations, although adjusted earnings per share fell short of forecasts. The company also reported positive adjusted EBITDA for a third consecutive quarter, issued revenue growth guidance for fiscal 2027 and announced a…
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“National Security Matters” Encapsulates Mobix Labs’ New Direction and Identity
The Critical Minerals Crisis Is Real — and Mobix Is Committed to Helping Solve It Disclosure: Catalyst IR provides investor relations services to Mobix Labs, Inc. (Nasdaq: MOBX). Everything below is drawn from the company’s public press releases and SEC filings and from publicly available government and industry sources. Nothing here is investment advice. Please…
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Union Pacific Shares Rise 2.3% After UBS Upgrades Stock and Raises Price Target
Union Pacific (NYSE:UNP) shares gained 2.3% in premarket trading after UBS upgraded the railroad operator from Neutral to Buy and increased its price target to $339 from $310. The bank cited expectations for higher freight volumes and earnings growth, with its profit forecasts exceeding Wall Street consensus estimates. Union Pacific shares were trading around $290.49…
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JB Hunt Shares Fall 9% After Company Warns of Quarterly Earnings Decline
JB Hunt Transport Services (NASDAQ:JBHT) shares fell as much as 9% in premarket trading on Wednesday after the US transportation company warned of a decline in earnings and highlighted rising operating costs. Speaking at a Morgan Stanley conference, the company said it expects earnings to decrease by between 5% and 10% from the second quarter…
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Alvotech Shares Rise 5.6% After Barclays Upgrades Rating and Doubles Price Target
Alvotech (NASDAQ:ALVO) shares gained 5.6% in premarket trading after Barclays upgraded the biosimilar drug developer from Underweight to Overweight and raised its price target from $4.00 to $8.00. The bank cited changes in Alvotech’s regulatory outlook following the conclusion of a US Food and Drug Administration inspection at the company’s manufacturing facility in Reykjavik, Iceland.…
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Expedia Shares Fall 2.7% After Morgan Stanley Initiates Coverage at Underweight
Expedia Group (NASDAQ:EXPE) shares declined 2.7% in premarket trading after Morgan Stanley initiated coverage of the online travel company with an Underweight rating and a $235 price target. The target represents approximately 20% downside from Expedia’s previous closing price. Morgan Stanley cited slowing user growth and competitive positioning among its reasons for the rating. The…
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GM’s Limited Hybrid Lineup Leaves Automaker Exposed to Rising US Demand
General Motors (NYSE:GM) faces a gap in its US vehicle lineup as demand for hybrid models increases, with some dealers reporting that customers are choosing competing brands offering more fuel-efficient options. Florida car dealer Bill Wallace, who operates 16 dealerships representing brands including Hyundai, Kia, Mazda, Chevrolet and Cadillac, said most customers have recently been…
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BMO Identifies Age Verification Rules as an Emerging Regulatory Risk for Meta
BMO Capital Markets said the expansion of age verification requirements worldwide could create additional regulatory challenges for social media companies, identifying Meta Platforms (NASDAQ:META) and TikTok as particularly exposed. The bank said the regulatory framework remains at an early stage following Australia’s introduction of online age verification rules in December 2025. Other countries have subsequently…
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Nokia Expands AI-RAN Trials with Telecom Operators Across Four Regions
Nokia (NYSE:NOK) has expanded its engagement with telecommunications operators in North America, Europe, Asia-Pacific and the Middle East as its artificial intelligence radio access network (AI-RAN) platform moves from initial evaluations into laboratory testing and live network trials. The company identified A1 Group, Chunghwa Telecom, du, e&, Mobily, stc, TPG Telecom and Zain Saudi among…