NANO Nuclear Energy (NASDAQ:NNE) stock fell 8% in premarket trade after it priced its underwritten public offering of 900K shares and warrants to purchase 450K. Each share and associated warrant is being sold at $20.00 apiece, for gross proceeds of ~$18 million. The warrants are exercisable immediately, have a term of fiveContinue Reading
loveguli The Asia-Pacific equity market was mostly higher on Friday as investors absorbed the latest economic data from China, and also investors weighed mixed signals on Wall Street in the wake of a cooler-than-expected US inflation report. Japan (NKY:IND) -2.45%. The Nikkei index tumbled after BOJ conducted rate checks withContinue Reading
Spencer Platt/Getty Images News Tesla (NASDAQ:TSLA) swung lower in midday trading on Thursday after Bloomberg reported that the company may be delaying its robotaxi event scheduled for August 8. Sources indicate that the event may not take place until October because it needs more time to build the autonomous vehicleContinue Reading
Joe Raedle/Getty Images News PepsiCo (NASDAQ:PEP) traded lower in early action on Thursday after posting a mixed Q2 earnings report. The beverage giant reported organic sales were up 1.9% during the quarter, vs. +3.0% consensus. Total revenue was up 0.8% year-over-year during the quarter to $22.5 billion, vs. $22.5 billionContinue Reading
Wirestock/iStock Editorial via Getty Images Six Flags Entertainment Corporation (NYSE:FUN) dropped on Wednesday after Goldman Sachs issued some cautious comments on the theme park company as it picked up coverage. Analyst Lizzie Dove warned that revenue synergies may be challenging to achieve for the new company. “We assume that FUNContinue Reading
baona The annual inflation rate in China ticked lower to 0.2% in June 2024 from 0.3% in the previous month, marking the fifth consecutive month of consumer inflation, albeit the lowest rate since March, amid weak domestic demand. Meanwhile, producer prices decreased by 0.8% year-on-year, in line with forecasts andContinue Reading
Sundry Photography/iStock Editorial via Getty Images HashiCorp (NASDAQ:HCP) edged lowed by almost 1% amid some investor concern that its planned sale to IBM (NYSE:IBM) will get a request for more information from antitrust regulators. Investors are worried that the Federal Trade Commission will issue a second request as a FridayContinue Reading
Marten Transport (NASDAQ:MRTN) shares fell over 5% on Tuesday after Vertical Research downgraded the truckload carrier to Hold from Buy and lowered its EPS expectation. The brokerage, which reduced PT to $19 from $22, continues to believe that Marten is a premium story within the truckload marketplace, but the environmentContinue Reading
fredrocko BP (NYSE:BP) expects to book impairment charges of $1B-$2B for Q2, and warned of weak oil trading earnings amid “significantly lower” refining margins, sending its shares falling 3.8% in premarket trade on Tuesday. The after-tax asset impairments and one-off contract provisions include charges relating to the ongoing review ofContinue Reading
samxmeg/E+ via Getty Images Koss Corporation (NASDAQ:KOSS) fell 22.3% in morning trading on Monday to cut into what had been a three-day rally of over 200%. Short interest on Koss (KOSS) is only 4.2% of the total float, but the stock has fallen on the radar of some momentum traders.Continue Reading
