ADVFN US – Market Content Editor
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Tesla and Other ‘Magnificent Seven’ Stocks Slide Ahead of Market Open
Tesla (NASDAQ:TSLA) and several major tech companies, commonly known as the “Magnificent Seven,” experienced declines in premarket trading on Thursday, signaling a dip in investor confidence following a recent upswing. U.S. stock futures also moved lower, reflecting a pullback in risk-taking after a strong rally in tech shares last week, which had been driven in…
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eToro Shares Surge 29% on Nasdaq Debut, Signaling Renewed Optimism for IPO Market
In a strong indicator of revived investor interest in initial public offerings, eToro Group Ltd. (NASDAQ:ETOR) saw its stock jump 29% on its first trading day on the Nasdaq. The social trading and investment platform offered nearly 11.9 million Class A shares at an initial price of $52. The stock peaked at $74.28 during the…
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U.S. Markets Finish Mixed On Wednesday
After moving to the upside at the start of trading on Wednesday, stocks showed a lack of direction over the course of the session – bouncing back and forth across the unchanged line before finishing mixed. The Dow slumped 89.37 points or 0.21 percent to finish at 42,051.06, while the NASDAQ rallied 136.72 points or…
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Novo Nordisk Inks $2.2 Billion Deal with Septerna to Advance Obesity and Diabetes Treatments
Novo Nordisk (NYSE: NVO) has entered into a collaboration and licensing agreement with U.S.-based biotech firm Septerna (NASDAQ: SEPN) to co-develop oral small molecule therapies targeting obesity, type 2 diabetes, and other cardio-metabolic conditions. The deal, announced Wednesday, could be worth up to $2.2 billion for Septerna. As part of the agreement, Septerna will receive…
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Boeing Shares Climb Following Historic Aircraft Deal with Qatar
Boeing Co. (NYSE:BA) saw its stock edge higher on Wednesday after securing what is being described as the largest aircraft order in the company’s history. The agreement was announced during U.S. President Donald Trump’s diplomatic visit to the Middle East. According to the White House, Qatar has committed to purchasing 160 aircraft from Boeing, with…
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Goldman Sachs Fined $1.45 Million Over Trade Reporting Failures
Goldman Sachs (NYSE:GS) has agreed to pay a $1.45 million civil penalty to resolve allegations from a U.S. regulatory body that the bank failed to properly report data tied to billions of trades in the stock market. According to a consent order released Tuesday by the Financial Industry Regulatory Authority (FINRA), coding issues within the…
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Tesla Shares Rise as Board Explores New Compensation Plan for Elon Musk
Tesla Inc. (NASDAQ:TSLA) saw a boost in its stock price during pre-market trading on Wednesday, as reports emerged that the company’s board is evaluating a fresh compensation strategy for CEO Elon Musk. This comes after a previous, historic pay agreement was invalidated in court last year. The automaker’s shares rose by 2.5% in early activity…
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Nucor Shuts Down Parts of Operations Following Cybersecurity Breach
Nucor Corporation (NYSE:NUE), the largest steel producer in the U.S., announced on Wednesday that it has temporarily halted certain operations across multiple sites after detecting a cybersecurity breach involving unauthorized access to some of its IT systems. The Charlotte, North Carolina-based company said it is working to bring the affected systems back online and has…
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UnitedHealth Stock Hit by Downgrades After Pulling 2025 Outlook and CEO Change
Shares of UnitedHealth Group (NYSE:UNH) came under heavy selling pressure after the healthcare giant unexpectedly scrapped its 2025 earnings forecast and announced a major leadership shakeup — developments that triggered swift downgrades from Bank of America and Raymond James. Raymond James lowered its rating on the stock to Market Perform, pointing to a troubling combination…
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AMD Shares Jump on $6 Billion Share Buyback Expansion
Advanced Micro Devices (NASDAQ:AMD) saw its stock rise 6.5% in pre-market trading after unveiling a significant increase to its share repurchase program. The semiconductor giant announced a fresh $6 billion authorization for stock buybacks, adding to the $4 billion still available under its prior program as of March 29, 2025. This boosts AMD’s total buyback…