ADVFN US – Market Content Editor

Shares of EchoStar Corporation (NASDAQ:SATS) dropped 3.8% on Monday following news that the company had chosen not to make approximately $183 million in scheduled interest payments due on June 2, 2025. The payments pertain to secured and unsecured notes issued by its subsidiary, DISH DBS Corporation, with maturities in 2026, 2028, and 2029. EchoStar disclosed…

Amazon (NASDAQ:AMZN) Pharmacy has rolled out two significant upgrades to its U.S. services, aimed at easing the burden of medication management for millions of Americans. The company introduced a new feature that lets caregivers handle prescriptions for others through their own Amazon Pharmacy accounts, and it has broadened access to its PillPack service to include…

Oil prices extended their upward momentum on Tuesday, building on Monday’s rally as geopolitical tensions and uncertainty over a potential U.S.-Iran nuclear agreement raised fresh concerns about global crude supply disruptions. As of 08:45 ET (12:45 GMT), Brent crude rose by 1.2% to $65.41 per barrel, while West Texas Intermediate (WTI) advanced 1.4% to $63.40…

Sitio Royalties Corp (NYSE:STR) saw its stock rise by 10.3% following the announcement of its acquisition by Viper Energy Inc. (NASDAQ:VNOM), a subsidiary of Diamondback Energy (NASDAQ:FANG), in a $4.1 billion all-stock deal. The transaction, which includes Sitio’s $1.1 billion net debt as of March 31, 2025, was unanimously approved by both companies’ boards and…

Rekor Systems Inc. (NASDAQ:REKR) saw its stock surge by 30.9% after announcing a landmark multi-year agreement with the Texas Department of Transportation (TxDOT). The deal grants TxDOT districts across the state immediate access to Rekor’s AI-driven roadway management platform, Rekor Command®, under a substantial blanket purchase order reportedly valued in the eight-figure range. The Maryland-based…

Hims & Hers Health Inc. (NYSE:HIMS) saw its stock climb 5.8% in premarket trading Tuesday after revealing plans to acquire ZAVA, a leading European telehealth company. The all-cash transaction, expected to close in the second half of 2025, will enable the U.S.-based digital health firm to expand into Germany, France, Ireland, and strengthen its footprint…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after recovering from initial weakness to end the previous session mostly higher. Traders may be reluctant to make significant moves as they await further…

An increasing number of publicly traded companies have added Bitcoin (COIN:BTCUSD) to their balance sheets, but Standard Chartered is cautioning that volatility in the cryptocurrency’s price could soon trigger forced liquidations if market conditions worsen. In a report released Tuesday, Geoff Kendrick, the bank’s lead digital assets analyst, points to a critical threshold: a 22%…

Joby Aviation, Inc. (NYSE:JOBY) saw its stock rise by 8% following news of a Memorandum of Understanding (MoU) signed with Abdul Latif Jameel to explore opportunities for Joby’s electric aircraft in Saudi Arabia. Valued at approximately $1 billion, the agreement could result in the delivery of up to 200 electric aircraft along with associated services…

Shares of Dell Technologies (NYSE:DELL) fell following reports that the U.S. General Services Administration (GSA) is reassessing federal technology expenditures and reaching out to vendors about possible cost reductions. However, Wells Fargo analysts argue that the market reaction is “overblown.” “Dell shares came under pressure today following reports that the Federal government (GSA) has contacted…