ADVFN US – Market Content Editor
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SoFi Advances Digital Finance Strategy with Crypto Investing and Blockchain Remittance Launch
Shares of SoFi Technologies Inc. (NASDAQ:SOFI) climbed over 2% following the company’s announcement of new blockchain-enabled services designed to broaden member access to international money transfers and cryptocurrency investing. This strategic expansion reflects SoFi’s commitment to bridging traditional financial services with emerging blockchain technologies. Set to launch later this year, SoFi’s upcoming offerings include a…
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Seagate Technology Stock Climbs to Record High of $137.71, Backed by Strong Market Performance
Seagate Technology’s (NASDAQ:STX) shares have surged to an all-time peak of $137.71, boosting its market capitalization to nearly $29 billion. This milestone reflects a remarkable year-to-date gain of over 59%, signaling robust investor confidence in the data storage giant’s strategic direction. The company continues to reward shareholders with a steady dividend yield of 2.12%, having…
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Palantir Stock Hits Record High of $144.90 Amid Strong Growth and Market Confidence
Palantir Technologies Inc. (NASDAQ:PLTR) soared to a new all-time high, reaching $144.90 per share, pushing its market valuation to approximately $338 billion. This remarkable surge represents nearly a 495% gain over the last year, highlighting Palantir’s expanding footprint in the technology sector. The company’s impressive stock performance is backed by solid financial metrics, including an…
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Coinbase Hits 52-Week High Amid Investor Optimism and Expanding Crypto Footprint
Coinbase Global Inc. (NASDAQ:COIN) reached a new 52-week high of $360.50, capping a significant rally that has seen the stock rise 143% from its low of $142.58 over the past year. The milestone reflects growing investor confidence in both the company and the broader cryptocurrency market. The crypto exchange platform has gained 55.5% over the…
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Robin Energy Shares Slide Nearly 28% Following Discounted $3.6M Direct Offering
Robin Energy Ltd. (NASDAQ:RBNE) shares fell sharply on Monday, dropping 27.8% after the company announced a registered direct offering priced well below recent market levels. The global energy transport and ship-owning firm disclosed it had reached an agreement with institutional investors to issue 1,020,000 common shares at $3.50 each. The deal is expected to bring…
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Lifeward Shares Tumble Following Deeply Discounted $2.6 Million Offering
Shares of Lifeward Ltd. (NASDAQ:LFWD) plunged 44% after the company announced a heavily discounted public offering that raised investor concerns over dilution. The medical technology firm, focused on solutions for individuals with mobility impairments, priced a new offering of 4 million ordinary shares at $0.65 each — a steep markdown from its prior trading levels.…
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INVO Fertility Shares Jump After Receiving Patent Approval for Enhanced INVOcell Device
INVO Fertility, Inc. (NASDAQ:IVF) saw its stock price leap 13% following news that the company received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for a new patent covering an upgraded version of its INVOcell device. The patent extends INVO’s intellectual property protections through the year 2040. The USPTO issued the…
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Oklo Shares Gain After Announcing Partnerships to Boost U.S. Nuclear Fuel Supply
Shares of Oklo Inc. (NYSE:OKLO) climbed 4.1% after the company unveiled new strategic alliances aimed at advancing domestic production of High-Assay Low-Enriched Uranium (HALEU) — a key component in powering next-generation nuclear reactors. The California-based nuclear innovation firm announced it is teaming up with Hexium, TerraPower, and Lawrence Livermore National Laboratory to explore the viability…
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Novo Nordisk Shares Dip Amid Spanish Probe into Obesity Campaign
Novo Nordisk A/S (NYSE:NVO) saw its stock decline 2.1% in premarket trading after Spain’s health ministry initiated an inquiry into the company’s obesity awareness campaign, which may have violated the country’s strict prescription drug advertising regulations. The Danish pharmaceutical leader is facing scrutiny following concerns that the campaign’s website, removed on June 24, might have…
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Paychex Reports Q4 Results In Line with Estimates, Stock Dips
Paychex Inc. (NASDAQ:PAYX) shares slipped 2.8% in premarket trading Wednesday after the HR services provider posted fourth-quarter financial results that met analyst expectations on both revenue and earnings. The company reported adjusted diluted earnings per share (EPS) of $1.19 for the quarter, exactly matching consensus forecasts. Revenue came in at $1.43 billion, representing a solid…