ADVFN US – Market Content Editor
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Sunrun Surges After Forming Data Centre Energy Alliance With Tesla and Renew Home (RUN)
Sunrun (NASDAQ:RUN) shares jumped 16% on Wednesday after the residential solar company announced a partnership with Renew Home and Tesla (NASDAQ:TSLA) aimed at supplying more than 16 gigawatts of flexible energy capacity to hyperscale data centre operators and utility companies. The initiative is designed to help address rapidly growing electricity demand driven by artificial intelligence…
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Churchill Capital Corp XI Surges After Announcing Agility Robotics Merger (CCXI)
Churchill Capital Corp XI (NASDAQ:CCXI) shares climbed 14% on Wednesday after the special purpose acquisition company announced a definitive agreement to merge with humanoid robotics developer Agility Robotics in a deal that values Agility at a pre-money equity valuation of $2.5 billion. The transaction is expected to provide substantial funding to support Agility’s commercial expansion…
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Cognition Therapeutics Advances After FDA Supports Key Elements of Pivotal Trial Plan (CGTX)
Cognition Therapeutics (NASDAQ:CGTX) shares gained 5% after the company announced that it had received written feedback from the U.S. Food and Drug Administration regarding the development pathway for zervimesine (CT1812) in patients with psychosis associated with dementia with Lewy bodies. The regulatory update provided clarity on the company’s proposed late-stage development strategy and was viewed…
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Alphabet Set to Join Dow Jones Industrial Average as Verizon Exits Index (GOOG)
Alphabet (NASDAQ:GOOG) will replace Verizon (NYSE:VZ) in the Dow Jones Industrial Average, with the change scheduled to take effect on June 29, according to an announcement from S&P Dow Jones Indices. Investors responded positively to the news, with Alphabet shares rising 0.3% in premarket trading on Wednesday, while Verizon shares slipped 0.55%. Dow Updates Membership…
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Warner Bros. Discovery Gains on Report EU Regulators Will Approve Paramount Deal (WBD)
Warner Bros. Discovery (NASDAQ:WBD) shares moved higher on Wednesday after a report indicated that European Union regulators are preparing to approve Paramount’s proposed acquisition of the media and entertainment company. The stock rose 1.25% as investors reacted positively to signs that the transaction may be moving closer to securing a key regulatory clearance. EU Approval…
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FuelCell Energy Jumps on Major Data Centre Power Agreement With Fit Energy (FCEL)
FuelCell Energy (NASDAQ:FCEL) shares surged 16% on Wednesday after the company announced a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean power for data centres using its fuel cell technology. The agreement strengthens FuelCell Energy’s position in the rapidly expanding artificial intelligence and advanced computing infrastructure market, where…
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SpaceX Extends Rebound as Analysts Highlight Potential Tesla Tie-Up (SPCX)
SpaceX (NASDAQ:SPCX) continued to recover in premarket trading on Wednesday after rebounding from losses that briefly pushed the stock below its post-IPO opening price. Shares closed Tuesday up 0.9% at $156.06 after falling as low as $147.11 during the session, below the stock’s June 12 opening price of $150. The shares advanced a further 1.2%…
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FedEx Shares Fall After 2026 Outlook Disappoints Despite Strong Fourth-Quarter Results (FDX)
FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top Estimates The package delivery company reported adjusted earnings of $6.31 per share for the fourth quarter, exceeding analyst expectations…
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Wendy’s Shares Jump on CFO Appointment and Turnaround Optimism (WEN)
Wendy’s (NASDAQ:WEN) shares climbed 10.8% in premarket trading after the restaurant chain announced the appointment of Steve Cirulis as Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026. Cirulis succeeds Ken Cook, who will remain with the company in an advisory role through July to support the leadership transition. Familiar Leadership Team Reunites…
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Prologis Goes Public With £12.6 Billion Segro Proposal After Board Rejection (SGRO)
U.S. logistics property group Prologis (NYSE:PLD) has publicly disclosed its £12.6 billion ($16.62 billion) takeover proposal for Segro (LSE:SGRO) after the UK warehouse owner rejected the approach, escalating pressure on the company’s board to enter formal discussions. The move represents the latest attempt by an overseas buyer to acquire a London-listed business, as lower UK…