Shares of 707 Cayman Holdings Limited (JEM) soared more than 100% in early morning trade on Wednesday after its board approved a plan to explore a digital platform that would use artificial intelligence, blockchain traceability, and crypto payment technology to transform the Hong Kong-based apparel…
Palantir Technologies Inc. (PLTR) CEO Alex Karp on Wednesday touted the company’s latest partnership with Nvidia Corp. (NVDA) to deliver secure AI offerings to U.S. government agencies, enterprises, and allies worldwide.During an interview with CNBC, Karp argued that the frontier AI model developer…
Shares of Can-Fite BioPharma (CANF) surged on Wednesday after the company announced positive early-stage study results for its treatment targeting pancreatic tumors.At the time of writing, CANF shares were up more than 50%, reaching their highest level in nearly three months.Can-Fite’s Study Result…
Shares of Bloom Energy (BE) climbed more than 8% in pre-market trading on Wednesday, adding to a double-digit rally from the previous session, as Wall Street turned bullish after the company secured additional financing to advance its energy operations to support AI infrastructure development.BE sh…
Shares of Circle Internet Group (CRCL) rebounded in early Wednesday trading after suffering their biggest post-IPO decline a day earlier, but the recovery has done little to settle one question on Wall Street: Is the launch of rival stablecoin Open USD a serious threat to Circle's business or an ov…
Shares of Oklo Inc. (OKLO) rose over 4% premarket on Wednesday after the nuclear technology company announced that the U.S. Department of Energy (DOE) has approved the Documented Safety Analysis for Oklo Isotopes’ Groves Isotope Test Reactor in Texas.The Document Safety Analysis (DSA) is a safety a…
Klarna Group (KLAR) shares were up nearly 9% in Wednesday’s pre-market trade after the company announced a win against Alphabet Inc.’s (GOOG, GOOGL) Google in an antitrust case.Klarna said that a Swedish court ruled in favor of PriceRunner, awarding about $1.97 billion in damages for lost revenue s…
U.S. grocery retail chain operator Kroger (KR) is acquiring the privately held smaller rival Giant Eagle in a $1.65 billion deal in a push to boost its presence in the Rust Belt region, according to a public statement on Wednesday.At the time of writing, KR shares were down 1% in premarket trading…
Neutron Holdings Inc. (LIME) CEO Wayne Ting on Wednesday explained what the bike rental firm did differently from its competitors to outlast them and go public as one of the few remaining companies in this space.During an interview with CNBC, Ting said that Neutron Holdings, better known as Lime, f…
Shares of Salesforce (CRM) rose over 2% premarket on Wednesday after Guggenheim upgraded the company stock and argued that the fatal AI bear case on software is a ‘hallucination.’This upgrade comes weeks after CRM suffered a steep selloff, losing over 25% in June amid a growing debate over how quic…
Gold extended its slide on Wednesday, with spot prices posting their steepest monthly decline since October 2008 in June, as a stronger U.S. dollar and renewed expectations of an interest rate hike deepened the selloff in bullion.Spot gold slipped below the psychologically important $4,000-an-ounce…
President Donald Trump’s disclosed cryptocurrency holdings have lost an estimated $44.4 million in paper value since their reported filing date, according to an analysis by Galaxy (GLXY) Research, as the declines in Bitcoin and Ethereum weighed on the value of his Bitcoin reserves and family-linked…
Shares of Zoetis (ZTS) attracted investor attention on Wednesday after Barclays issued fresh commentary on the animal health pharmaceutical company, saying that competitive headwinds in its companion animal portfolio may persist longer than investors expect.At the time of writing, ZTS shares were m…
Rocket Lab Corp. (RKLB) CEO Peter Beck on Wednesday echoed Space Exploration Technologies Corp.’s (SPCX) view of the addressable market in the satellite communications services segment, while downplaying the threat these services pose to traditional telecom players.During an interview with CNBC, Be…
Paramount Skydance stock rose 0.5% in premarket trading on Wednesday, after reports said it has offered commitments that might help it win the approval from European regulators for its $110-billion Warner Bros. Discovery acquisition.The European Commission announced on Wednesday that it had receive…
U.S. stock futures were under pressure early Wednesday as investors took a breather following one of Wall Street's strongest first-half performances in years.The Dow gained nearly 8.9%, its best first-half performance since 2021, while the S&P 500 advanced 9.6% and the Nasdaq climbed 12.8%. Small c…
Nextpower Holding (NXT) stock is drawing attention as Wall Street firms agree that the company stands to benefit most from the Trump administration’s proposal to restrict imports of foreign-made power inverters.Trump's Proposed Inverter Ban Could Reshape U.S. Solar Market The government is preparin…
Nike (NKE) stock dropped premarket on Wednesday after the company issued a cautious outlook alongside its fiscal fourth-quarter (Q4) results, signaling that its turnaround under CEO Elliott Hill will take longer than investors had hoped even as cost-cutting efforts and higher-margin product sales b…
Memory chip stocks fell in early premarket trading on Wednesday as investors booked profits after last week’s rally and institutional funds rebalanced their portfolios at the start of the year’s second half.SanDisk shares declined 4.6%, and Micron stock dipped 3.2%. Western Digital and Seagate stoc…
Shares of Walt Disney Co. edged up about 0.15% in early premarket trading on Wednesday after the company reportedly expanded a content deal with Malaysia's satellite television provider, Astro, and after JPMorgan raised its price target on the media giant.Disney’s Deal DetailsAccording to a report…