ADVFN US – Market Content Editor

International Energy Agency said Wednesday that its 32 member countries have unanimously approved the release of 400 million barrels of oil from strategic reserves, the largest coordinated drawdown in the agency’s history and only the fifth time such action has been taken. IEA Executive Director Fatih Birol said in a statement that the move is…

Scienture Holdings Inc. (NASDAQ:SCNX) announced that it has signed several Group Purchasing Organization (GPO) agreements covering its REZENOPY (naloxone HCl) Nasal Spray 10 mg, according to a company press release. Through these agreements, the product will gain access to more than 5,000 healthcare institutions across the United States. These include hospitals, clinics, nursing homes, emergency…

KALA BIO, Inc. (NASDAQ:KALA) said it expects to launch its first commercial artificial intelligence product in about two weeks, according to a company press release. The firm said the product will be part of its new platform, Researgency.ai, which is designed to deploy AI agents for biotechnology and pharmaceutical companies. The announcement comes as KALA…

Actelis Networks, Inc. (NASDAQ:ASNS) said it has secured a new order from a Japanese government entity for dozens of MetaLight networking units to support infrastructure modernization initiatives. The purchase was made through the company’s distributor in Japan and will see MetaLight systems deployed in critical infrastructure settings, according to a company press release. These networking…

Cyngn Inc. (NASDAQ:CYN) said its first-quarter 2026 sales are on pace to surpass the company’s total revenue generated during 2025, based on its current bookings and sales pipeline, according to a press release issued today. The announcement comes as the company’s shares trade around $1.60, giving it a market capitalization of about $12.76 million. The…

NextPlat Corp (NASDAQ:NXPL) said Tuesday that its subsidiary Global Telesat Communications has been awarded a contract worth roughly $820,000 to provide satellite-enabled Internet of Things (IoT) equipment for a NATO military customer. The two-year agreement was issued through a U.K. government prime contractor that supplies engineering and service solutions to both public sector and commercial…

60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) announced that all three patients enrolled in its expanded access study for relapsing babesiosis were successfully cured after completing a treatment regimen based on tafenoquine, according to a company press release. Despite the positive clinical update, the company’s stock has struggled over the past year. Shares recently traded at about…

Nebius Group N.V. (NASDAQ:NBIS) shares climbed about 10% on Wednesday morning after NVIDIA (NASDAQ:NVDA) revealed plans to invest $2 billion in the company as part of a strategic collaboration to expand hyperscale cloud infrastructure for artificial intelligence workloads. The agreement strengthens cooperation between the two companies across the entire AI technology stack—from large-scale AI infrastructure…

Biogen Inc. (NASDAQ:BIIB) unveiled results from a Phase 1b clinical study evaluating salanersen, an experimental antisense oligonucleotide therapy for spinal muscular atrophy (SMA), during the 2026 Muscular Dystrophy Association Clinical & Scientific Conference on Wednesday. The trial involved 24 children aged between six months and 12 years who continued to show suboptimal clinical outcomes after…