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Bitmine Buyback Boosts Ether Per Share, Driving Weekly Gains
Bitmine's latest share buyback drove a 1.05% Ether-per-share gain, with 88% from reduced share count. Stock rose 4.6% to $18.02.
Lakewood-Amedex Surges 143% on Nu-3 Update, Volume Explodes
Lakewood-Amedex shares jumped 143.5% on heavy volume after providing an update on its Nu-3 antibiotic program, though no new patient data was disclosed.
SK hynix Accelerates AI Packaging Spending After Stock Reverses Early Gains
SK hynix is speeding up AI packaging investment at its Cheongju P&T7 facility, approving 7.0931 trillion won, as shares closed lower after an early 9% rally. The move reflects rising capital spending on packaging alongside wafer production.
AMC Shares Rise Despite Dilution Outpacing EBITDA Growth
AMC shares climbed 7.5% early Wednesday, but the company's adjusted diluted share count expanded faster than its adjusted EBITDA growth, causing per-share metrics to decline.
Angelini Completes $4.1B Catalyst Buyout, Delists From Nasdaq
Angelini Pharma has finalized its $4.1 billion all-cash acquisition of Catalyst Pharmaceuticals, delisting the stock from Nasdaq. The deal reflects an enterprise value of about 5.1 times projected 2026 revenue.
Philip Morris Shares Dip Despite Q2 Beat as Q3 Outlook Disappoints
Philip Morris reported Q2 adjusted EPS of $2.20, beating estimates, but Q3 guidance midpoint is 8.1% below consensus, sending shares down 1.8%.
Opendoor shares dip as mortgage rates hit 11-month high, clouding acquisition gains
Opendoor shares slipped as rising mortgage rates tempered a weekly increase in home acquisition agreements, with Q2 revenue guidance pointing to roughly $900 million.
Archer Aviation Names Marubeni as Halo Launch Partner, Order Value Undisclosed
Archer Aviation has named Japan's Marubeni as the launch partner for its Halo aircraft, but did not disclose the order value after a 20% stock surge.
Dell Shares Climb on AI Server Margin Optimism After Super Micro's Strong Outlook
Dell Technologies shares gained after Super Micro's stronger-than-expected margins fueled optimism about AI server profitability. Dell's AI backlog stands at $51.3 billion.
Oil Benchmarks Near $95 as Futures Curve Signals Shipping Strain
Brent crude approached $95 and WTI hit $87 as the futures curve showed a steep premium for prompt delivery, reflecting imminent shipping bottlenecks in the Red Sea.