omersukrugoksu/iStock via Getty Images U Power Limited (NASDAQ:UCAR) announced on Wednesday that it had signed a memorandum of understanding with Pattaya AI Terminal to jointly drive the strategic development of green logistics and electric vehicle infrastructure in Thailand. The company expects the joint venture will provide electrified solutions for Thailand’sContinue Reading
Hailshadow/iStock via Getty Images Shares of Annovis Bio (NYSE:ANVS) more than doubled in value on Tuesday after the company said its lead asset, buntanetap, was found to be safe and effective in improving the physical and cognitive functions of patients with early Parkinson’s disease. Updating data from its Phase 3Continue Reading
jetcityimage Tesla (NASDAQ:TSLA) is being sized up by analysts and investors are reporting 443,956 deliveries for Q2 to beat the consensus estimate for a tally of 439,302 vehicles. Notably, most of Tesla’s (TSLA) sales came from the smaller and cheaper Models 3 and Y lines, with the company selling onlyContinue Reading
bfk92/E+ via Getty Images The Baltic Exchange’s main sea freight index surged to its highest level in nearly two months on Monday, as spot rates for capesize vessels spiked to break through the $30K/day level. The overall Baltic Dry index (BDIY:IND), which factors in rates for capesize, panamax and supramaxContinue Reading
nev166/iStock via Getty Images Pitney Bowes (NYSE:PBI) on Monday jumped as much as 12% after the shipping and mailing company increases its cost-savings target to $120 million to $160 million from $60 million to $100 million previously. The company said it already had eliminated about $70 million in costs andContinue Reading
helloabc/iStock Editorial via Getty Images Hollysys Automation (NASDAQ:HOLI) soared 14% in premarket trading after buyer Ascendent Capital Partners disclosed that it received all Chinese approvals for the $1.66 billion deal. Ascendent Capital Partners is working to complete the deal “expeditiously,” the buyer disclosed in a 13D/A filing on Monday. TheContinue Reading
Chalabala/iStock via Getty Images Chewy (NYSE:CHWY) shares jumped over 22% premarket on Monday after influential trader Keith Gill, known online as Roaring Kitty, disclosed a 6.6% stake in the pet food retailer. The stake disclosure comes just days after Gill posted picture of a dog on social media site X.Continue Reading
designer491/iStock via Getty Images Valneva (NASDAQ:VALN) shares jumped 8.4% premarket on Monday after the vaccine company secured marketing authorization in Europe for its chikungunya vaccine, Ixchiq. Ixchiq is the world’s only licensed chikungunya vaccine and has been approved for the prevention of disease caused by the chikungunya virus in individualsContinue Reading
rafal_olechowski Carisma Therapeutics (NASDAQ:CARM) climbed ~29% premarket Friday after the cell therapy developer said it would receive $2M for discovering a cancer drug candidate as part of a collaboration with Moderna (NASDAQ:MRNA). Nominating the first development candidate under the partnership, the company said that the unnamed drug targets Glypican-3, aContinue Reading
MivPiv/iStock via Getty Images GEO Group (NYSE:GEO) +6.3% pre-market Friday, following a 1.9% rise in the previous session, after the company reached an agreement with the Oklahoma Department of Corrections on a one-year contract to continue operating the Lawton Correctional and Rehabilitation Facility. The Department of Corrections said it agreedContinue Reading
