ADVFN US – Market Content Editor

Agios Pharmaceuticals (NASDAQ:AGIO) saw its shares drop 12% after releasing Phase 3 RISE UP trial data for mitapivat in sickle cell disease, revealing a combination of encouraging and disappointing outcomes. The study succeeded on its primary goal: 40.6% of patients treated with mitapivat achieved a hemoglobin increase of at least 1.0 g/dL, compared with just…

Kingsoft Cloud Holdings Limited (NASDAQ:KC) delivered third-quarter results on Wednesday that surpassed Wall Street expectations, with revenue jumping 31.4% year-over-year to RMB2.48 billion ($348.1 million). The figure edged past the consensus estimate of RMB2.47 billion. Earnings per share came in at breakeven, a sharp improvement from analysts’ projected loss of RMB0.94. Despite the beat, shares…

Viking Holdings Ltd (NYSE:VIK) posted third-quarter results on Wednesday that came in well ahead of Wall Street forecasts, lifted by solid demand across its cruise portfolio and another step-up in available capacity. Adjusted earnings per share landed at $1.20, comfortably beating the $0.96 analysts had projected, while quarterly revenue reached $1.99 billion. Despite the strong…

Unity (NYSE:U) saw its stock jump 5% on Wednesday after revealing a new collaboration with Epic Games that will allow Unity-built titles to be distributed inside Fortnite and bring Unreal Engine compatibility to Unity’s cross-platform commerce tools. Under the partnership, developers using Unity’s engine will be able to publish their games directly into Fortnite’s ecosystem,…

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares gained 3.7% in premarket trading Wednesday after the company reported successful high-heat trials of its Annular Linear Induction Pump (ALIP), reaching operating temperatures of up to 350°C. The evaluation, carried out at Nano Nuclear’s demonstration site in Westchester County, New York, confirmed that the upgraded coil ruggedization and insulation…

MP Materials Corp. (NYSE:MP) surged 7% on Wednesday after revealing a new joint venture with the U.S. Department of War and Saudi Arabian Mining Company (Maaden) to build a rare earth refining facility in Saudi Arabia. The definitive agreement stems from a broader U.S.–Saudi strategic initiative announced in Washington, D.C., aimed at securing critical mineral…

A new report from the Commerce Department on Wednesday revealed that the U.S. trade gap contracted sharply in August, driven largely by a steep pullback in imports. According to the agency, the trade deficit fell to $59.6 billion in August, down from July’s revised level of $78.2 billion. Economists had anticipated a smaller improvement, forecasting…