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Wells Fargo Adjusts Norwegian Cruise Line Price Target to $20 From $22, Maintains Overweight Rating

Norwegian Cruise Line (NCLH) has an average rating of overweight and mean price target of $20, according to analysts polled by FactSet.Price: $15.50, Change: $-0.08, Percent Change: -0.48%

$NCLH

Wire21d ago

Silicon Motion Completes First stage of Compliance Program Under EU Cyber Resilience Act

Silicon Motion Technology (SIMO) said Thursday that it has completed the first stage of its compliance program for the European Union Cyber Resilience Act, or CRA.The company said it has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that are slated to take effect on Sept. 11.The effort represents a preparatory step ahead of the CRA's full application on Dec. 11, 2027, the company said, adding that it will continue to evolve its program as the act's remaining implementing guidance and standards are further developed and finalized.Shares of the company were down more than 3% in early Thursday trading.Price: $237.87, Change: $-4.64, Percent Change: -1.91%

$SIMO

Wire21d ago

Grupo Aeromexico's August Passenger Traffic Declines

Grupo Aeromexico (AERO) said Thursday its passenger traffic in August, was 2.15 million, down from 2.17 million a year earlier.Available seat miles for the month increased by 2.3% year on year to 3.20 million, and revenue passenger miles also rose 2.9% to 2.87 million, the company said.Price: $14.93, Change: $+0.16, Percent Change: +1.08%

$AERO

Wire21d ago

Volaris Reports Higher August Passenger Traffic, Capacity

Controladora Vuela Compania de Aviacion (VLRS), or Volaris, saw a 15.4% year-on-year increase in revenue passenger miles for August, to 3.06 billion, the company said Thursday.Available seat miles for the month grew 15.8% to 3.62 billion, while total passengers transported increased by 17.5% to 3.19 million, the company said.Price: $6.62, Change: $+0.02, Percent Change: +0.30%

$VLRS

Wire21d ago

Securitize Signs MoU With Dubai Virtual Assets Regulatory Authority to Advance Tokenization

Securitize (SECZ) and Dubai's Virtual Assets Regulatory Authority have signed a memorandum of understanding to support the advancement of tokenization and digital asset infrastructure across the Emirate of Dubai, the two organizations said Thursday.The memorandum establishes a framework for collaboration under which the two entities will explore opportunities to boost tokenization initiatives in Dubai, according to a statement.Price: $6.74, Change: $+0.25, Percent Change: +3.91%

$SECZ

Wire21d ago

ORIX Buys Three Multifamily Properties in Texas, Georgia for $200 Million

ORIX's (IX) Real Estate Investment Strategies team-operated units have acquired three multifamily properties in Texas and Georgia for about $200 million, the company said Thursday.The deals add 1,029 units in the Atlanta, Austin and Houston areas, the company said.Price: $40.90, Change: $+0.97, Percent Change: +2.43%

$IX

Wire21d ago

Tyson Foods Cuts Fiscal 2026 Revenue Growth Outlook on Volatile Cattle Prices

Tyson Foods (TSN) reduced its fiscal 2026 revenue growth guidance to a range of 1.5% to 2% from the previous range of 2.5% to 3.5%, the company said Thursday.Analysts surveyed by FactSet expect revenue of $56.54 billion.The outlook was revised mainly due to "significant margin compression amid volatile cattle prices and one of the most severe cattle shortages in US history, as well as the expected impact of lower cattle prices on the value of live cattle inventories," Tyson said.Price: $52.47, Change: $-3.35, Percent Change: -6.00%

$TSN

Wire21d ago

Unusual Machines Collaborates With Altana to Improve Drone Component Manufacturing Supply Chain

Unusual Machines (UMAC) has signed a partnership with trade network platform Altana to reinforce its drone component manufacturing supply chain, the company said Thursday.Financial details weren't provided.The partnership will use artificial intelligence tools to verify suppliers and track product lines for US regulatory requirements, ultimately reducing manual work, cutting qualification timelines and enhancing supply chain execution, the company said.Shares of the company were up 2.6% in early Thursday trading.Price: $24.15, Change: $+0.61, Percent Change: +2.59%

$UMAC

Wire21d ago

Tesla Shares Rise Pre-Bell Ahead of Cybercab Event in Texas

Tesla's (TSLA) shares rose more than 1% in recent premarket activity Thursday ahead of its Cybercab event in Austin, Texas.According to an X post of Cybercab engineer Eric Earley, the event will begin at 5:45 pm ET this Thursday, adding that the rest of the details will be released to guests on the morning of.There are 420 autonomous Tesla vehicles registered in Texas as of Wednesday evening, as per the Texas Department of Motor Vehicles.The two-seat Cybercab, which has butterfly doors and no steering wheel or pedals, is Tesla's first vehicle designed specifically for autonomous driving, media outlets reported.Price: $363.84, Change: $+6.77, Percent Change: +1.90%

$TSLA

Wire21d ago

Update: Tilly's Shares Surge Pre-Bell as Fiscal Q2 Earnings Almost Triple, Sales Jump

(Updates with the stock move in the headline and the first paragraph.)Tilly's (TLYS) shares were up over 29% in Thursday's premarket activity after the company reported overnight fiscal Q2 earnings almost tripled amid a jump in net sales.The company reported fiscal Q2 earnings late Wednesday of $0.27 per diluted share, up from $0.10 a year earlier.Two analysts polled by FactSet expected $0.17.Net sales in the 13 weeks ended Aug. 1 rose to $163.5 million from $151.3 million a year earlier.Two analysts expected $157 million.The company expects fiscal Q3 net income per diluted share of $0.07 to $0.12, on net sales of $150 million to $155 million.Analysts expect a loss of $0.07 a share on revenue of $140.3 million.Price: $4.92, Change: $+1.11, Percent Change: +29.13%

$TLYS

Wire21d ago

Hutchmed Signs Cancer Treatment Licensing Agreement With GSK; Shares Rise Pre-Bell

Hutchmed (HCM) said Thursday its unit licensed rights to GSK (GSK) to develop and commercialize experimental cancer treatment HMPL-A830 outside Greater China.The agreement includes a $110 million upfront fee alongside prospective milestone payments of up to roughly $1.19 billion, the company said.The therapy targets KRAS-altered solid tumors in colorectal, pancreatic and lung cancers, and the company will execute the phase 1 clinical trial starting in H2 before GSK assumes future development and sales.Shares of Hutchmed rose more than 16% in Thursday's premarket activity.Price: $14.01, Change: $+1.97, Percent Change: +16.36%

$GSK$HCM

Wire22d ago

Ionic Rare Earths Strikes Magnet Recycling Joint Venture Agreement With US Strategic Metals; Shares Rise 10%

Ionic Rare Earths (ASX:IXR) unit Ionic Rare Earths USA struck a joint venture agreement with US Strategic Metals to build magnet recycling facilities at the latter's fully permitted site in Missouri, US, according to a Thursday filing with the Australian bourse.The new term sheet supersedes and "materially advance" the memorandum of understanding the parties struck in November 2025, per the filing.The parties agreed on a non-binding basis to form a 50-50 joint venture to develop an integrated campus for the production of critical minerals and metals at the Missouri site. The proposed joint venture aims to construct one or more magnet and other rare earth recycling facilities, processing recycled permanent neodymium-iron-boron and samarium-cobalt magnets and magnet scrap, and also plans to evaluate the recycling of other heavy rare earth elements.Ionic Rare Earths' Belfast subsidiary, Ionic Technologies, will contribute a non-exclusive license to the joint venture for its magnet recycling technology.The planned venture will be funded with $100 million for the construction of initial recycling facilities, comprised of $95 million in funding from US Strategic Metals and a $5 million equity contribution split equally between Ionic Rare Earths USA and US Strategic Metals.Ionic Rare Earths shares jumped over 10% in recent Thursday trade.

ASX:IXR

Wire22d ago

Ultragenyx Says Phase 3 Study on Rare Neurogenetic Disorder Missed Primary, Secondary Endpoints; Shares Fall After-Hours

Ultragenyx Pharmaceutical (RARE) said late Wednesday the phase 3 Aspire study of apazunersen in Angelman syndrome, a rare, neurogenetic disorder, did not achieve its primary endpoint or its key secondary endpoint.The late-stage study did not reach the primary endpoint of change from Baseline in Bayley-4 cognitive raw score nor the key secondary endpoint of net response in Multidomain Responder Index, according to a statement.The safety profile for the phase 3 trial remained consistent with phase 1 and phase 2, the company said.Ultragenyx said it will assess the apazunersen program following this outcome and make a decision on its disposition.Shares of Ultragenyx were down about 45% in after-hours trading.

$RARE

Wire22d ago

ChargePoint Q2 Loss Narrows, Revenue Rises

ChargePoint (CHPT) reported Wednesday Q2 loss of $1.35 per diluted share, compared with a loss of $2.85 a year earlier.Analysts polled by FactSet expected loss of $1.57.Revenue for the quarter ended July 31 was $116.1 million, up from $98.6 million a year ago.Analysts expected $105.2 million.ChargePoint expects Q3 revenue of $105 million to $115 million. Analysts expect $109.3 million.Shares of the company rose over 17% in after-hours trading.

$CHPT

Wire22d ago

Five Below Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Rise After Hours

Five Below (FIVE) reported fiscal Q2 adjusted earnings late Wednesday of $1.68 per diluted share, up from $0.81 a year earlier.Analysts polled by FactSet expected $1.40.Revenue in the three months ended Aug. 1 rose to $1.26 billion from $1.03 billion a year earlier.Analysts projected $1.22 billion.The company expects fiscal Q3 EPS of $1.01 to $1.13 on revenue of $1.21 billion to $1.23 billion. Analysts project EPS of $0.85 on revenue of $1.15 billion.Five Below boosted fiscal 2026 guidance to adjusted EPS of $9.83 to $10.31 on revenue of $5.63 billion to $5.71 billion, up from the prior forecast of EPS of $8.65 to $9.05 on revenue of $5.40 billion to $5.48 billion.Analysts project EPS of $9.29 on revenue of $5.54 billion.Five Below shares rose 3.2% in after-hours trading.

$FIVE

Wire22d ago

Lemonade Launches Car Insurance In Missouri

Lemonade Inc (LMND) said Wednesday it launched Lemonade Car in Missouri, along with Lemonade Autonomous Car.Missouri Tesla drivers will receive 50% off every mile driven using Full Self-Driving (Supervised) on day one, the company said.Lemonade said its pricing models use data on Tesla's FSD technology to offer savings to Tesla customers.Price: $52.98, Change: $+1.64, Percent Change: +3.19%

$LMND

Wire22d ago

Top Cryptocurrencies Fall; Bitcoin Holds Above $77,000

Top cryptocurrencies fell Wednesday with Bitcoin (BTC-USD) still holding above $77,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 0.3% in the past 24 hours. The Nasdaq 100 and the S&P 500 each rose 0.5%, and the Dow Jones Industrial Average increased 0.6%.Bitcoin fell 0.1% to $77,188, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 8.7% to $27.7 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 1.2% to $2,385.XRP (XRP-USD) dropped 1%, BNB (BNB-USD) rose 0.8%, and Solana (SOL-USD) fell 0.6%. Dogecoin (DOGE-USD) declined 1%, and Cardano (ADA-USD) added 0.1%.The total market value of the cryptocurrency industry declined 0.2% in the past 24 hours to $2.6 trillion, with trading volume dropping 7% to $75.4 billion.Price: $77240.33, Change: $-155.56, Percent Change: -0.20%

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

Wire22d ago

Market Chatter: Thoma Bravo-Backed Proofpoint in Talks to Acquire Varonis Systems

Varonis Systems (VRNS) has drawn the attention of Thoma Bravo-backed Proofpoint as a potential acquisition target, Bloomberg reported Wednesday, citing people familiar with the matter.Proofpoint is in talks to acquire the cybersecurity company, and a deal could be announced in the coming weeks, although no final decision has been made so far.Varonis Systems and Proofpoint did not immediately respond to' request for comment.Shares of Varonis Systems rose nearly 10% in late afternoon trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $46.70, Change: $+4.35, Percent Change: +10.27%

$VRNS

Wire22d ago

Update: PG&E Shares Fall After $2 Billion 2027 Investment Deferral Plan, Strategic Review

(Updates with recent share movement in the headline and the first paragraph.)PG&E (PCG) shares fell 5.9% in Wednesday trading after it said it expects to defer about $2 billion of planned investment in 2027 and is launching a strategic review of its businesses, as it looks for ways to improve customer affordability while maintaining its safety performance.The moves come after the state of California legislature recently rejected provisions in Senate Bill 492 that would limit the amount of money people could recover from utilities for equipment-caused wildfires."Over the last several years, PG&E has made meaningful progress improving safety, reliability and affordability for our customers," CEO Patti Poppe said in a statement. "But California's wildfire liability framework continues to create financing risks that drive higher costs, affect customer affordability, and limit investment in the energy system. Something has to change so that we can better serve our customers. That's why we're taking action today.PG&E expects to provide updates on its strategic review during its quarterly earnings calls, it said.Price: $13.24, Change: $-0.83, Percent Change: -5.87%

$PCG

Wire22d ago

AeroVironment Wins $464.8 Million Army Laser Weapons Contract

AeroVironment (AVAV) said Wednesday it has been awarded a $464.8 million contract by the US Army's Portfolio Acquisition Executive for Fires program office for the Enduring-High Energy Laser program.Under the agreement, AeroVironment will deliver dozens of its LOCUST X3 laser weapon systems over the next few years to support the Army's air defense against group 1-3 unmanned aircraft systems, the company said.Price: $145.81, Change: $+1.64, Percent Change: +1.14%

$AVAV

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