ADVFN US – Market Content Editor
-
Nyxoah Shares Climb Following FDA Clearance of Genio Device for Sleep Apnea Treatment
Nyxoah SA (NASDAQ:NYXH) saw its stock rise 9.4% after the FDA granted approval for its Genio system designed to treat moderate to severe obstructive sleep apnea (OSA). The Belgium-based medtech firm secured marketing authorization for its cutting-edge hypoglossal nerve stimulation (HGNS) device, intended for patients with an Apnea-Hypopnea Index (AHI) ranging from 15 to 65.…
-
Intel Shares Climb as CEO Gears Up for White House Meeting Amid Trump’s Call for Resignation
Intel (NASDAQ:INTC) stock edged up 3% Monday morning, recovering some of its recent losses as CEO Lip-Bu Tan prepares to meet with President Trump at the White House. This comes after Trump publicly demanded Tan’s resignation last week. The Wall Street Journal reports that Tan is scheduled to meet with Trump on Monday to address…
-
Cannabis Stocks Rally as Trump Mulls Marijuana Reclassification
Shares of Canopy Growth Corp (NASDAQ:CGC) jumped 19.2% on Monday amid reports that President Donald Trump is considering lowering marijuana’s federal classification, a move that could reshape the regulatory environment for the cannabis industry. Other leading cannabis firms also experienced significant gains, with Tilray (NASDAQ:TLRY) soaring 17.7%, Cronos Group (NASDAQ:CRON) rising 14.3%, Aurora Cannabis (NASDAQ:ACB)…
-
Cango Shares Climb Following Purchase of 50 MW Mining Facility in Georgia
Cango Inc. (NYSE:CANG) saw its stock rise 3.2% after the company disclosed it had acquired a fully operational 50 MW mining facility located in Georgia, USA, for $19.5 million in cash. This acquisition signals Cango’s strategic shift toward expanding its portfolio to include a mix of Bitcoin mining and energy infrastructure assets. Previously, the facility…
-
ZIM Integrated Shipping Shares Jump 20% on News of CEO-Led Take-Private Proposal
Shares of ZIM Integrated Shipping (NYSE:ZIM) jumped sharply, climbing 20% in early Monday trading after reports emerged that CEO Eli Glickman, along with a group of executives, is pursuing a plan to take the company private. Israeli business outlet Calcalist reported that Glickman, together with five other executives and entrepreneur Rami Ungar, is preparing an…
-
Tesla files for UK electricity supply license amid dip in European vehicle sales
Elon Musk’s Tesla (NASDAQ:TSLA) has submitted a formal application to Ofgem, the UK energy regulator, seeking approval to operate as an electricity supplier within the United Kingdom. The filing, completed late last month, was signed by Andrew Payne, head of Tesla’s European energy division. Approval of this license would enable Tesla to enter a competitive…
-
Paramount Lands $7.7 Billion Deal to Stream UFC Exclusively on Paramount+
Paramount (NASDAQ:PARA) has locked in exclusive U.S. streaming rights to the Ultimate Fighting Championship (UFC) for the next seven years in a blockbuster agreement valued at $7.7 billion, significantly boosting live sports content on Paramount+. Starting in 2026, the deal covers 43 events annually — including 13 major numbered pay-per-view style events and 30 Fight…
-
Oil Prices Rebound Modestly Before U.S.-Russia Peace Talks
Oil markets saw a modest recovery on Monday following last week’s steep declines, as investors awaited a high-profile U.S.-Russia summit aimed at resolving the conflict in Ukraine. At 08:50 ET (12:50 GMT), October Brent futures rose 0.5% to $66.90 per barrel, while West Texas Intermediate (WTI) crude futures edged up 0.4% to $64.13 per barrel.…
-
Dow Jones, S&P, Nasdaq, Wall Street Futures Mixed as Traders Await Key Inflation Figures
U.S. stock futures indicate a cautious and relatively flat open Monday, following last week’s strong rally. Investors appear hesitant, holding back until several critical economic reports arrive later this week. The spotlight is on Tuesday’s July consumer price index (CPI) report from the Labor Department, which is expected to shape market expectations around Federal Reserve…
-
Crypto stocks climb as Bitcoin approaches record highs
Cryptocurrency shares are on the rise Monday, driven by Bitcoin’s approach toward its all-time peak. Earlier today, Bitcoin briefly surpassed the $122,000 threshold before settling near $120,560, marking a 1% increase for the day. This upward trend in Bitcoin is positively impacting the stock performance of key crypto-related companies. Notable gains are seen in Coinbase…