ADVFN US – Market Content Editor

Apple Inc. (NASDAQ:AAPL) announced the launch of AppleCare One, a new subscription insurance service that protects up to three devices for $20 per month. The plan includes battery replacements, 24/7 customer support, and coverage for accidental damage such as drops and spills. Customers wishing to add more devices beyond the initial three can do so…

Precision BioSciences (NASDAQ:DTIL) saw its stock rise 5% following the announcement that the U.S. Food and Drug Administration (FDA) awarded Orphan Drug Designation to its PBGENE-DMD therapy for Duchenne muscular dystrophy (DMD). The clinical-stage gene editing company, which uses its proprietary ARCUS platform, earned the designation for its potential to treat DMD, a rare genetic…

Shares of WEBUY GLOBAL LTD. (NASDAQ:WBUY) soared 30% following the announcement of a new partnership with Victory Securities to develop stablecoin payment systems for its international travel and e-commerce services. The Southeast Asian tech company specializing in e-commerce and travel plans to work closely with Hong Kong’s Victory Securities, a regulated financial services firm, to…

Shares of heavily shorted stocks jumped in Wednesday premarket trading as the recent meme stock revival spread to more names. Doughnut chain Krispy Kreme (NASDAQ:DNUT) surged 33%, following nearly a 27% gain on Tuesday. Recent data from multiple sources shows that between 15% and 30% of Krispy Kreme’s tradable shares are currently shorted. Camera maker…

Northern Trust Corporation (NASDAQ:NTRS) reported second-quarter earnings per share of $2.13, surpassing analyst expectations of $2.05. The financial services firm benefited from record net interest income and growth in trust fees. Revenue for the quarter reached $2 billion, exceeding the consensus estimate of $1.96 billion. Net income was $421.3 million, up 7% from $392 million…

Morgan Stanley has selected Northrop Grumman (NYSE:NOC) and RTX Corporation (NYSE:RTX) as its new Top Picks in the defense and aerospace sectors, respectively, highlighting improved program economics and attractive valuations. The firm upgraded Northrop Grumman to “Top Pick in Defense” and raised its price target from $570 to $625. Analysts pointed to strong second-quarter results…

NextEra Energy, Inc. (NYSE:NEE) reported second-quarter 2025 adjusted earnings of $1.05 per share on Wednesday, surpassing analyst estimates of $0.98 per share. However, revenue fell short, totaling $6.7 billion versus the consensus forecast of $7.29 billion. Following the announcement, NextEra Energy shares were essentially flat, dipping just 0.05% in pre-market trading. The company posted a…

Shares of MARA Holdings, Inc. (NASDAQ:MARA) dropped 4.5% following the company’s announcement of an $850 million private offering of zero-coupon convertible senior notes due in 2032. The digital infrastructure and energy firm plans to sell the notes to qualified institutional buyers under Rule 144A of the Securities Act. The offering also includes an option for…

Shares of Abivax (NASDAQ:ABVX) surged more than 400% in Paris trading on Wednesday after the French biotech company announced that its experimental drug obefazimod met key goals in two pivotal Phase 3 clinical trials for ulcerative colitis. Topline results from the global ABTECT-1 (Study 105) and ABTECT-2 (Study 106) trials showed that a once-daily 50…

Oatly Group AB (NASDAQ:OTLY) reported modest revenue growth in the second quarter, with sales rising 3.0% year-over-year to $208.4 million. The gains were driven by strong performance in Europe, which helped offset declines in North America and Greater China. Following the announcement, Oatly shares edged up 1.12% in pre-market trading. The plant-based beverage maker posted…