ADVFN US – Market Content Editor

Biohaven Ltd. (NYSE:BHVN) shares fell 17% on Thursday morning after the company paused new patient enrolment in clinical trials of BHV-7000 following a partial clinical hold from the U.S. Food and Drug Administration. According to a company filing, the FDA requested additional nonclinical studies concerning a specific BHV-7000 metabolite observed in rodent testing. The agency…

Rackspace Technology (NASDAQ:RXT) shares rose 13% on Thursday morning after the company said it joined the NVIDIA Cloud Partner Program and plans to offer NVIDIA Blackwell-powered artificial intelligence infrastructure for regulated enterprises and governments. Under the collaboration, Rackspace will combine NVIDIA accelerated computing with Palantir software and governed private-cloud infrastructure. Rackspace will operate the environment…

MasterCraft Boat Holdings Inc. (NASDAQ:MCFT) shares rose 6.49% in premarket trading Thursday after the company reported fourth-quarter adjusted earnings and revenue above analyst estimates. Adjusted earnings per share were $0.67, compared with the consensus estimate of $0.64. Revenue increased 63% year over year to $129.9 million, above the $93.04 million analyst estimate. Revenue increased by…

Bending Spoons S.p.A. (NASDAQ:BSP) said Thursday it entered into a definitive agreement to acquire digital collaboration platform Miro in an all-cash transaction valuing the company at an enterprise value of $1.355 billion. Including Miro’s net cash, the transaction values its equity at approximately $1.79 billion. Certain Miro shareholders have agreed to reinvest $295 million of…

Freeport-McMoRan (NYSE:FCX) shares fell more than 5% in premarket trading on Thursday as copper prices moved lower after reaching a record high earlier in the session. Three-month copper on the London Metal Exchange declined 0.2% to $14,743 per metric ton after touching an all-time high of $14,875. The pullback followed five consecutive sessions of gains…

The Organization of the Petroleum Exporting Countries lowered its forecast for global oil demand growth in 2026 to 380,000 barrels per day, according to its latest monthly report. The revision marked the fifth consecutive month in which OPEC has reduced its 2026 oil demand growth forecast. OPEC’s outlook remains above that of the International Energy…

Snap Inc. (NYSE:SNAP) launched new event-planning features on Thursday that allow Snapchat users to organise gatherings, send invitations and manage responses within the app. The new Snapchat Plans feature is designed for organising activities ranging from birthday parties to study sessions. Snap said about a third of young Snapchat users in the U.S. make plans…

Palantir Technologies (NASDAQ:PLTR) and Fujitsu Limited renewed their strategic partnership, with Fujitsu entering a new agreement covering Palantir AIP and Palantir Foundry and becoming a Global Forward Deployed Engineering (FDE) Partner. The partnership, which began in 2020, will expand Fujitsu’s investment in deployed engineering capabilities for enterprise customers in Japan and international markets. Fujitsu plans…

Reddit Inc. (NYSE:RDDT) shares rose 1.5% in premarket trading on Tuesday after Piper Sandler data showed the social media platform’s average user base increased 8% month on month in August. The increase was Reddit’s highest monthly user growth rate of the year and followed a 2% decline in July, according to Piper Sandler. Feed users…