ADVFN US – Market Content Editor
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U.S. Stocks Move Mostly Higher As Alphabet Surges On Antitrust Ruling
Stocks gave back ground after an early advance on Wednesday but moved back to the upside late in the session to end the day mostly higher. The Nasdaq and the S&P 500 regained ground following the pullback seen over the two previous sessions, although the narrower Dow saw further downside. The tech-heavy Nasdaq jumped 218.10…
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U.S. job openings miss forecasts, signaling potential slowdown in labor market
New figures from the U.S. Bureau of Labor Statistics show a decline in job openings, according to the latest Job Openings and Labor Turnover Survey (JOLTs). The report indicated 7.181 million available positions. This total came in below the expected 7.380 million, suggesting the labor market is not as strong as analysts had projected. Economists…
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ServiceNow offers federal government steep discounts to boost AI adoption
ServiceNow Inc. (NYSE:NOW) is providing U.S. federal agencies with discounts of up to 70% on its software as part of an initiative to accelerate the integration of artificial intelligence into government operations. The U.S. General Services Administration (GSA) announced a OneGov agreement with ServiceNow aimed at modernizing federal agencies with an AI-first approach. Analysts project…
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Pfizer reiterates dedication to COVID-19 vaccine transparency
Pfizer Inc (NYSE:PFE) has reaffirmed its commitment to openly sharing research findings related to its COVID-19 vaccine, while ensuring the ongoing studies maintain scientific rigor. In a statement, Pfizer Chairman and CEO Dr. Albert Bourla recognized the accomplishments of Operation Warp Speed under President Trump, emphasizing that American innovation helped avert economic collapse and saved…
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Mobix Labs shares decline after warrant exercise deal
Shares of Mobix Labs, Inc. (NASDAQ:MOBX) dropped 7.4% on Wednesday following the announcement that the fabless semiconductor firm has reached an agreement with a warrant holder to immediately exercise warrants for around 5.5 million Class A common shares. The warrants will be exercised at $0.8202 per share, generating approximately $4.5 million in gross proceeds for…
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Lyft Stock Rises 4% Following $450 Million Convertible Note Pricing
Shares of Lyft (NASDAQ:LYFT) jumped 4% Wednesday morning after the ride-hailing company announced the pricing of $450 million in convertible senior notes due 2030, with trading in call options seeing elevated volumes. The notes, aimed at qualified institutional buyers, are scheduled to settle on September 5, 2025, and are expected to generate approximately $438.8 million…
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Biomerica Shares Rise After UAE Health Ministry Approves Kidney Test
Biomerica Inc. (NASDAQ:BMRA) saw its stock climb 7% in premarket trading Wednesday after announcing that the United Arab Emirates Ministry of Health and Prevention has granted approval for its Fortel Kidney Test for home use. The test is designed to detect low levels of albumin in urine, an early indicator of kidney disease, in just…
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Skillz Shares Drop After Tether Studios Moves to End Agreements
Skillz Inc. (NYSE:SKLZ) saw its stock decline 11.6% in premarket trading Wednesday following the company’s disclosure that Tether Studios plans to terminate all agreements with the gaming platform provider. A regulatory filing revealed that Skillz received a termination notice from Tether on August 29, seeking to end all agreements effective September 1. The notice impacts…
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TechnipFMC Shares Climb Following S&P MidCap 400 Inclusion
TechnipFMC plc (NYSE:FTI) stock jumped 4.7% in premarket trading Wednesday after S&P Dow Jones Indices announced the company will join the S&P MidCap 400 index. The change will take effect before trading opens on Friday, September 12, 2025, with TechnipFMC replacing Skechers USA Inc. (NYSE:SKX), which is set to be acquired by 3G Capital, pending…
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Nuburu Shares Surge on Revised Tekne Acquisition Terms
Nuburu Inc (AMEX:BURU) stock jumped 31% in premarket trading Wednesday after the company disclosed modified terms for its planned acquisition of Italian laser manufacturer Tekne S.p.A. According to a regulatory filing, Nuburu has executed a binding commitment letter to restructure its previously announced acquisition of a 70% stake in Tekne, following feedback from the Italian…