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Update: LuxExperience Shares Rise After Fiscal Q4 Net Sales Increase

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(Updates with the latest stock price movement in the headline and first paragraph.)

LuxExperience (LUXE) shares rose nearly 26% in Wednesday afternoon trading following higher fiscal Q4 net sales.

The company reported a fiscal Q4 loss Wednesday of 0.19 euros ($0.22) per diluted share, swinging from earnings of 4.65 euros a year earlier.

Three analysts polled by FactSet expected a loss of 0.17 euros.

Net sales for the quarter ended June 30 were 663.8 million euros, up from 559.1 million euros a year earlier.

Four analysts expected 633.3 million euros.

For fiscal 2027, the company expects net sales growth of mid- to high-single-digit percentage.

Price: $9.01, Change: $+1.86, Percent Change: +25.94%

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Tempest Therapeutics Gains Option to License New In-Body CAR-T Technology From Senlang

Tempest Therapeutics (TPST) signed an exclusive option agreement with China's Hebei Senlang Biotechnology to license a clinical-stage technology that delivers CAR-T cancer treatments directly inside the body, along with a portfolio of related drug candidates.The portfolio includes an early-stage treatment that targets two proteins linked to multiple myeloma and is now being tested in a phase 1 study, Tempest said Tuesday in a statement. Other candidates in the group are aimed at blood cancers and autoimmune diseases, the company said.Tempest said it will continue to evaluate phase 1 results with Senlang during the option period.The company also disclosed in a regulatory filing that it raised about $2.5 million last week through a private placement of prefunded and common stock warrants.Tempest shares rose 35% in after-hours trading.

$TPST
Wire

Top Cryptocurrencies Fall; Bitcoin Drops Below $76,000

Top cryptocurrencies fell Tuesday, with Bitcoin (BTC-USD) dropping below $76,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 5% in the past 24 hours. The Nasdaq 100 shed 0.8%, the S&P 500 lost 0.5%, and the Dow Jones Industrial Average declined 0.7%.Bitcoin fell 4.1% to $75,847, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 42% to $39.6 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 5.5% to $2,404.XRP (XRP-USD) lost 11%, BNB (BNB-USD) slumped 1.2%, and Solana (SOL-USD) shed 5.4%. Dogecoin (DOGE-USD) dropped 4.8%, and Cardano (ADA-USD) decreased 7.3%.The total market value of the cryptocurrency industry fell 4.1% in the past 24 hours to $2.58 trillion, with trading volume rising 31% to $103.1 billion.Price: $75891.45, Change: $-2289.88, Percent Change: -2.93%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD
Wire

Update: PBF Energy Shares Rise After Pricing $500 Million Exchangeable Notes Offering

(Updates with the latest stock price movement in the headline and the first paragraph.)PBF Energy (PBF) shares rose 6.1% on Tuesday, a day after the company said that, along with its PBF Finance unit, it priced $500 million worth of zero-rated exchangeable notes due 2032 in a private offering.The deal is expected to close on Sept. 17.PBF also granted the initial purchasers a 13-day option to buy up to an additional $50 million of notes, it said.The initial exchange rate is $96.80 per share, according to the company.Net proceeds, estimated at $485 million to $533.6 million, will be used to cover the cost of certain associated derivative transactions, repay other debt, and for general corporate purposes, PBF said.Price: $74.60, Change: $+4.20, Percent Change: +5.97%

$PBF