ADVFN US – Market Content Editor
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Dow Jones, S&P and Nasdaq 100 Little Changed as Investors Eye Retail Sales and Geopolitical Talks
Dow Jones, S&P 500 and Nasdaq 100 are currently pointing to a roughly flat open for the markets on Friday, with stocks likely to extend the lackluster performance seen over the course of the previous session. Traders may be reluctant to make significant moves as they keep an eye on a highly-anticipated meeting between President…
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OPEC Sees Global Oil Demand Hitting 107.7 Million Barrels a Day by Late 2026
Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which projects demand will reach 107.7 million barrels per day (bpd) in the final quarter of 2026. That’s an increase from the 106.4 million bpd expected in the last quarter of 2025. The forecast…
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Lexaria Bioscience Shares Rise After Reaching GLP-1 Study Milestone
Lexaria Bioscience Corp (NASDAQ:LEXX) stock climbed 3.4% following the announcement that the company has achieved a key milestone in its Phase 1b glucagon-like peptide-1 (GLP-1) study in Australia. The drug delivery platform developer confirmed that its Contract Research Organization (CRO) reached the last patient last visit (LPLV) milestone in the GLP-1-H24-4 trial, marking the completion…
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Scienture Shares Plunge After $3.9 Million Discounted Offering Announcement
Scienture Holdings Inc (NASDAQ:SCNX) stock fell sharply, dropping 43.7%, after the company announced a registered direct offering of common stock at a steep discount to its current market price. The pharmaceutical holding company entered into a securities purchase agreement with institutional investors to sell 3,225,000 shares at $1.20 per share. The offering, expected to close…
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707 Cayman Shares Soar After Crypto Treasury Exploration Announcement
707 Cayman Holdings Limited (NASDAQ:JEM) stock jumped 26% following the company’s announcement that it has entered a memorandum of understanding to explore the creation of a cryptocurrency treasury reserve. The Cayman Islands-based apparel firm signed the MOU with Precious Choice Global Limited, a British Virgin Islands corporation, to evaluate holding digital assets such as Bitcoin,…
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180 Life Sciences Shares Plunge After Announcing $500 Million Stock Offering
180 Life Sciences Corp (NASDAQ:ATNF) stock fell 25% following the company’s announcement of a sales agreement that could see up to $500 million in common stock sold. The biopharmaceutical firm disclosed on August 13, 2025, that it had established an “at-the-market” offering program with Clear Street LLC serving as the sales agent. Under this arrangement,…
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Aquestive Therapeutics Shares Rise After $75 Million Funding Deal
Aquestive Therapeutics Inc (NASDAQ:AQST) stock climbed 5.7% following the announcement of a $75 million strategic funding agreement with RTW Investments, LP, contingent on FDA approval of its Anaphylm sublingual film. The financing is intended to support Aquestive through 2027, providing capital to commercialize Anaphylm, which could become the first oral rescue treatment for severe allergic…
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Aebi Schmidt Shares Drop After Merger with Shyft Group Leads to Q2 Loss
Aebi Schmidt Holding AG (NASDAQ:AEBI) stock fell 15.4% after the specialty vehicle manufacturer reported a second-quarter net loss following its recent merger with The Shyft Group. The company, which completed the merger on July 1, posted second-quarter sales of $277.7 million, up 4.2% from $266.5 million in the same period last year. Despite higher sales,…
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Arrowhead Pharmaceuticals Shares Drop After Sarepta Sells Stake
Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) stock fell 6% following Sarepta Therapeutics’ (NASDAQ:SRPT) sale of over 9.2 million Arrowhead shares in a privately negotiated block trade. Sarepta expects to receive at least $174 million in gross proceeds from the transaction. In addition, approximately 2.66 million Arrowhead shares will be transferred to satisfy $50 million of a previously…
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Tilray Shares Drop After Seeking Extension to Meet Nasdaq Listing Requirements
Tilray Brands Inc (NASDAQ:TLRY) stock fell 12.8% following the company’s announcement that it has requested an extension to regain compliance with Nasdaq’s minimum share price rules. The cannabis and consumer goods company is considering several options, including a potential stockholder-approved reverse stock split, to maintain its Nasdaq listing. Tilray’s shares have been trading below the…