DEXWireNews

DEXWireNews

Odyssey Marine Exploration (NASDAQ: OMEX) has reported a major win in its ongoing arbitration case with the United Mexican States under Chapter Eleven of the North American Free Trade Agreement (NAFTA). The International Centre for Settlement of Investment Disputes (ICSID) awarded Odyssey $37.1 million, plus interest and fees, following a wrongful denial of their...

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Intuitive Machines (NASDAQ: NASDAQ:LUNR ) made headlines on Wednesday as its stock soared by 53% in premarket trading, following the announcement of a monumental contract with NASA. This $4.8 billion deal, which stretches over 10 years, is set to solidify Intuitive Machines’ role in building lunar communications and navigation infrastructure. The contract is a...

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General Mills (NYSE: NYSE:GIS ) is set to announce its earnings results today, September 18, 2024, before the market opens. As one of the largest packaged food companies, investors and analysts are keen to see how the company performed in a challenging economic environment, especially after its recent earnings miss. Overview In the previous quarter, General...

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Shares of Hewlett Packard Enterprise (NYSE: VIE:HPE ) surged by 5.75% during Tuesday’s trading session following an upgrade from Bank of America. The tech giant’s stock received a boost as analysts cited numerous catalysts ahead, including AI-driven growth, cost-cutting measures, and revenue synergies from recent acquisitions. Bank of America upgraded the stock...

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Shares of Airbnb (NASDAQ: ABNB) surged by 5.8% during early trading after Bernstein SocGen Research Group reiterated a 'Buy' rating on the stock. Despite recent pessimism, analysts argue that the market is undervaluing Airbnb’s potential, highlighting that revenue growth could surpass 10% with stable margins. However, after an initial jump, the stock settled at...

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Microsoft Corp. (NASDAQ: NASDAQ:MSFT ) recently announced two major moves designed to bolster shareholder value and solidify its position as a leading tech giant. The company unveiled a $60 billion stock buyback program along with a 10% increase in its quarterly dividend. This announcement has sent positive waves through the market, and investors are keeping a...

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Once a symbol of suburban independence and a household name in food storage, Tupperware Brands Corporation is teetering on the edge of bankruptcy. According to reports from Bloomberg News, the iconic company is preparing to file for Chapter 11 as early as this week, after breaching the terms of its debt agreements. The development has sparked shockwaves across the...

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The NASDAQ Composite Index, known for its heavy concentration in technology stocks, has experienced a rollercoaster ride in recent months. On Monday, the index declined by 0.52%, in stark contrast to the S&P 500 and the Dow Jones Industrial Average, which both saw gains. The NASDAQ’s dip amid the broader market's positive performance highlights the ongoing...

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In a move that highlights its unwavering commitment to Bitcoin, MicroStrategy, led by its CEO Michael Saylor, has announced a fresh $700 million debt offering to acquire more Bitcoin ( CRYPTOCAP:BTC ). This marks the second such offering in just one month as the company aggressively expands its Bitcoin holdings. Known for its bullish stance on Bitcoin,...

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Palantir Technologies (NYSE: NYSE:PLTR ) has been at the forefront of discussions among bulls and bears alike. With its inclusion in the S&P 500, the company's strides in artificial intelligence (AI) are now drawing more attention than ever. On the one hand, bulls point to improved profitability and its AI potential, while bears remain skeptical about whether the...

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NuCana plc (NASDAQ: NASDAQ:NCNA ) saw its stock skyrocket by 185% after presenting final data from its Phase 2 NuTide:701 study at the European Society for Medical Oncology (ESMO) Congress. This significant surge comes after a tough stretch for the company, especially following disappointing results from its colorectal cancer treatment. Investors are optimistic...

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Apple Inc. (NASDAQ: NASDAQ:AAPL ) has always been a tech behemoth, but its latest iPhone 16 launch appears to be facing some turbulence. Analysts are reporting weaker-than-expected pre-orders, with the first weekend sales estimated at around 37 million units, a 12.7% dip compared to last year. But could this moment of weakness actually present an opportunity for...

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Upstart Holdings, Inc. (NASDAQ: UPST) recently made headlines with the announcement of a $300 million private offering of Convertible Senior Notes due 2029, with an additional $45 million option granted to initial purchasers. This comes at a pivotal time as Upstart (NASDAQ: NASDAQ:UPST ) aims to use a portion of the proceeds for general corporate purposes and...

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Intel (NASDAQ: NASDAQ:INTC ) made headlines with its stock climbing 1.22% in premarket trading on Monday, buoyed by reports of a potential $3.5 billion federal grant to manufacture advanced semiconductors for the U.S. Department of Defense. This deal, part of the Pentagon's "Secure Enclave" initiative, could mark a major turning point for Intel as it looks to...

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Shares of Trump Media & Technology Group ( NASDAQ:DJT ) saw an 18% surge after Donald Trump reaffirmed his commitment to the social media platform **Truth Social**, stating that he isn’t selling his majority stake and will remain on the platform. This comes as a key moment for both the company and its investors, especially with upcoming opportunities for Trump and...

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Uber Technologies Inc. (NYSE: NYSE:UBER ) is making waves in the ride-share and autonomous vehicle industries with its latest announcement to expand its partnership with Waymo, the self-driving car unit of Alphabet Inc. ( NASDAQ:GOOGL ). Starting early next year, Uber plans to bring driverless Waymo vehicles to Austin, Texas, and Atlanta, Georgia, as it continues...

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Boeing Co. (NYSE: NYSE:BA ) is once again facing turbulence, but this time, it's not related to its planes or production flaws. Thousands of Boeing factory workers have overwhelmingly voted to strike, rejecting a tentative contract agreement, sending shockwaves through the aerospace sector. The strike could have substantial financial consequences, not only for...

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Adobe Inc. (NASDAQ: NASDAQ:ADBE ) shares tumbled more than 9% in extended trading after the company released a disappointing outlook for its fiscal fourth quarter, overshadowing its strong third-quarter performance. Despite reporting better-than-expected earnings and revenue, the lackluster guidance raised concerns among investors about Adobe’s near-term growth...