ADVFN US – Market Content Editor
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Palantir teams up with Ondas and World View to develop AI-driven intelligence platform
Palantir Technologies Inc. (NASDAQ:PLTR) announced a strategic collaboration with Ondas Inc. (NASDAQ:ONDS) and World View Enterprises Inc. aimed at building artificial intelligence-powered intelligence, surveillance and reconnaissance (ISR) capabilities across multiple operational domains. The partnership will combine Palantir’s Artificial Intelligence Platform with World View’s high-altitude balloon systems and Ondas’ autonomous aerial and ground robotics technologies. The…
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Build-A-Bear shares jump more than 23% despite fourth-quarter earnings miss
Build-A-Bear Workshop Inc. (NYSE:BBW) reported fourth-quarter results on Thursday that came in slightly below analyst expectations. Despite the miss, the company’s shares surged about 23.5% in premarket trading as investors focused on the retailer’s record full-year performance and its growth outlook for fiscal 2026. For the fourth quarter ended January 31, the specialty retailer posted…
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Atlassian shares rise after workforce reduction announcement
Shares of Atlassian (NASDAQ:TEAM) climbed 2.5% in premarket trading after the company revealed plans to reduce its workforce by about 10%. The software firm said it intends to eliminate roughly 1,460 roles from its employee base of 14,626 as of the second quarter, bringing staffing levels back to where they stood in early 2025. Chief…
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Firefly Aerospace completes Alpha Flight 7 launch mission
Firefly Aerospace (NASDAQ:FLY) successfully carried out its Alpha Flight 7 mission on March 11, launching from Vandenberg Space Force Base at 5:50 p.m. PDT, according to a company announcement. The Alpha rocket lifted off from Space Launch Complex 2 and achieved orbital insertion, deploying a demonstration payload for Lockheed Martin. During the mission, the vehicle…
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IBM introduces reference architecture for quantum-centric supercomputing
IBM (NYSE:IBM) on March 12, 2026 released its first reference architecture designed for quantum-centric supercomputing, outlining how quantum processors can be integrated with classical computing technologies such as CPUs and GPUs across on-premises systems, research facilities and cloud platforms. The framework links quantum hardware with traditional computing infrastructure, high-speed networking and shared data storage to…
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U.S. jobless claims unexpectedly decline in early March
New applications for unemployment benefits in the United States unexpectedly declined slightly in the week ending March 7, according to figures released Thursday by the Labor Department. Initial jobless claims totaled 213,000 for the week, down by 1,000 from the prior week’s revised figure of 214,000, the report showed. Economists had anticipated a small increase…
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U.S. trade deficit narrows sharply in January as exports surge
The U.S. trade deficit contracted more than anticipated in January, according to data released Thursday by the Commerce Department. The report showed the trade gap narrowed to $54.5 billion in January, compared with a revised deficit of $72.9 billion recorded in December. Economists had expected the deficit to decline more modestly to $67.9 billion from…
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U.S. housing starts jump unexpectedly in January as permits fall sharply
Residential construction activity in the United States rose unexpectedly in January, according to a report released Thursday by the Commerce Department. The report showed housing starts climbed 7.2% to a seasonally adjusted annual rate of 1.487 million in January, following a revised 4.8% increase to 1.387 million units in December. Economists had forecast a decline…
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Oil rebound could pressure Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures suggest a weaker start to Thursday’s session, with markets likely to face pressure after the major indices finished largely unchanged for two consecutive days. A renewed surge in crude prices may weigh on investor sentiment, as oil extends its rebound following Tuesday’s sharp decline. U.S. crude for April delivery has jumped $6.12,…
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Shell reports lower 2025 earnings as operating cash flow declines
Shell (NYSE:SHEL) reported adjusted earnings of $18.5 billion for 2025, compared with $23.7 billion recorded in the previous year. Cash flow generated from operations totaled $42.9 billion, down from $54.7 billion in 2024. Free cash flow also declined, coming in at $26.1 billion compared with $39.5 billion a year earlier. Despite the drop in cash…