ADVFN US – Market Content Editor
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Nasdaq, S&P 500 End Choppy Trading Day At New Record Closing Highs
After moving modestly higher early in the session, stocks turned in a relatively lackluster performance over the course of the trading day on Monday. Despite the choppy trading, the Nasdaq and the S&P 500 reached new record closing highs. The Nasdaq rose 70.27 points or 0.3 percent to 21,178.58 and the S&P 500 (SPI:SP500) inched…
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Freeport-McMoran Shares Slip as Chile Pushes for U.S. Tariff Exemption on Copper
Shares of Freeport-McMoran Inc. (NYSE:FCX) dropped as much as 5% on Monday before trimming losses to around 3%, as Chilean officials expressed confidence that copper exports may be exempted from the United States’ proposed tariff plans. Speaking in a Radio Duna interview, Chile’s Finance Minister Mario Marcel said he’s hopeful that copper will be carved…
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Roadzen Shares Sink Nearly 18% Following Discounted Direct Offering
Shares of Roadzen Inc. (NASDAQ:RDZN) fell sharply on Monday, plunging 17.9%, after the AI-powered insurance technology firm announced a discounted registered direct share sale valued at roughly $2.25 million. The company disclosed that it has entered into a securities purchase agreement with an institutional investor to sell 1,730,769 ordinary shares at a price of $1.30…
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National Energy Services Reunited Shares Edge Higher After Securing $100M Drilling Contracts in Kuwait
Shares of National Energy Services Reunited Corp (NASDAQ:NESR) climbed 2.3% following the announcement that the company has secured multiple five-year drilling service contracts in Kuwait, valued at $100 million. These contracts cover a range of Drilling & Evaluation (D&E) services, including Fishing & Remedial Services, Downhole Tools, Tubing & Casing Running, as well as other…
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Upland Software Shares Climb After Securing $240 Million Refinancing Deal
Shares of Upland Software Inc. (NASDAQ:UPLD) rose 3.6% after the company announced a major debt refinancing package, securing a $240 million term loan with Sound Point Capital that extends its debt maturity timeline through 2031. The new six-year loan will be used to refinance Upland’s existing obligations, with the agreement also providing a $30 million…
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MicroVision Shares Rise as MOVIA Lidar Gains Compatibility With NVIDIA DRIVE Platform
Shares of MicroVision Inc. (NASDAQ:MVIS) climbed 4% after the company revealed that its MOVIA lidar system is now compatible with NVIDIA’s DRIVE AGX platform, a major AI computing platform used in the development of autonomous vehicles. This integration enables automotive companies to adopt MicroVision’s perception-enhanced lidar sensors more easily by utilizing NVIDIA’s established software stack.…
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Oriental Rise Shares Dip Following Non-Binding Acquisition Proposal
Shares of Oriental Rise Holdings Ltd (NASDAQ:ORIS) declined by 5% after the Chinese tea products company disclosed that it has signed a non-binding letter of intent (LOI) to acquire two fellow tea distributors operating within China. Under the proposed deal, Oriental Rise aims to acquire full ownership of Fujian Daohe Tea Technology Co., Ltd. and…
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Ostin Technology Group Shares Slide After Revealing 1-for-25 Reverse Stock Split
Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST) fell 10% after the Chinese manufacturer of display modules and polarizers announced a 1-for-25 reverse stock split set to take effect on August 5, 2025. Despite the adjustment, the company’s stock will continue trading under its current ticker symbol, “OST.” Approved by shareholders during a special meeting…
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Tillys Shares Gain Following CEO Appointment of Nate Smith
Shares of Tillys Inc (NYSE:TLYS) climbed 3.6% on Monday after the youth-focused apparel retailer named Nate Smith as its new President and Chief Executive Officer, with the transition taking effect on August 18, 2025. Smith, who currently leads Marolina Outdoor, Inc. as CEO, will also take a seat on Tillys’ Board of Directors. The leadership…
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Gilead Shares Slip on Reports of Planned Dismissal of Preventive Health Panel
Shares of Gilead Sciences (NASDAQ:GILD) dropped 2.8% Monday morning after reports emerged that U.S. Health and Human Services Secretary Robert F. Kennedy Jr. intends to dismiss all 16 members of a prominent advisory panel that guides insurance coverage for preventive healthcare, including HIV medications produced by Gilead. According to The Wall Street Journal, Kennedy views…