ADVFN US – Market Content Editor
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Polestar secures $274M debt-to-equity conversion from Volvo Cars
Polestar Automotive (NASDAQ:PSNY) said Volvo Cars has agreed to convert about $274 million of an existing shareholder loan into equity, according to a company announcement. The move follows a previously disclosed $300 million debt-to-equity conversion by Geely Sweden Holdings AB. Volvo Cars also plans to carry out an additional conversion of roughly $65 million later…
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Microsoft to invest more than $1 billion to expand AI and cloud infrastructure in Thailand
Microsoft (NASDAQ:MSFT) said it plans to invest over $1 billion in Thailand during the next two years to strengthen cloud computing and artificial intelligence infrastructure across the country. The technology company announced Tuesday that the investment will be used to expand its data center presence and support programs aimed at developing local digital and AI…
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Alarm.com enhances security platform with AI video search and new cameras
Alarm.com Holdings Inc. (NASDAQ:ALRM) has introduced new features and devices for its video security platform, adding artificial intelligence–powered search functionality along with two new camera products for both residential and commercial users. The company unveiled AI Video Event Search, a tool that enables customers to find specific video footage using natural language queries instead of…
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Oracle unveils AI-driven restaurant operations platform
Oracle (NYSE:ORCL) and Oracle NetSuite have introduced Oracle NetSuite Restaurant Operations, a new artificial intelligence–powered platform aimed at streamlining back-office management for restaurants and hospitality businesses. The system brings together key operational functions — including inventory management, procurement, staff scheduling, production planning, and cash management — into a unified platform designed to deliver real-time visibility…
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Interactive Brokers rolls out crypto trading for individual investors across the EEA
Interactive Brokers Group Inc. (NASDAQ:IBKR) said it has introduced crypto-asset trading for eligible retail investors in the European Economic Area through its subsidiary Interactive Brokers Ireland Limited, which is authorized to operate as a crypto-asset service provider in the region. The new offering enables clients to trade 11 cryptocurrencies — including Bitcoin, Ethereum, Litecoin, Bitcoin…
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Phreesia plunges 26% after cutting FY27 outlook; analysts downgrade stock
Phreesia (NYSE:PHR) faced a wave of downgrades from four major Wall Street brokerages on Monday after the healthcare software provider significantly reduced its fiscal 2027 revenue forecast, pointing to softer demand in its Network Solutions segment. The revision sent the company’s shares sliding more than 26% in premarket trading on Tuesday. Baird, Truist Securities, JPMorgan…
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Dawson Geophysical rises 3% after strong Q4 performance and upbeat outlook
Dawson Geophysical Company (NASDAQ:DWSN) reported better-than-expected fourth-quarter results on Monday, sending its shares higher in early trading. The seismic data acquisition services provider saw its stock gain 2.95% in pre-market trading following the announcement. Fourth-quarter revenue climbed to $27.0 million, marking a 72% increase from $15.6 million in the same period a year earlier. Fee…
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Falcon’s Beyond posts Q4 loss as revenue rises; shares tick up
Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) reported a net loss of $0.3 million, or -$0.01 per share, for the fourth quarter on Tuesday. The entertainment and technology group generated $6.6 million in consolidated revenue, up sharply from $1.4 million a year earlier, largely reflecting contributions from its newly established Falcon’s Attractions segment. The company’s shares gained…
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Oil holds above $110 as Middle East conflict fuels sharp March rally
Oil prices remained above $110 per barrel on Tuesday as markets balanced news of a tanker fire near Dubai with reports that U.S. President Donald Trump may be considering ending military operations against Iran. By 04:49 ET (08:49 GMT), Brent crude futures for May delivery, the global benchmark, were up 0.1% at $112.87 per barrel,…
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Gold edges higher as markets watch Iran de-escalation; metal still heading for steep March losses
Gold prices climbed during Asian trading on Tuesday, recovering slightly after suffering heavy declines throughout March as rising inflation expectations tied to the U.S.–Israel conflict with Iran weighed on non-yielding assets such as precious metals. Sentiment in metals markets improved after reports indicated that U.S. President Donald Trump is weighing the possibility of scaling back…