Stepping away from its budget-friendly roots, Amazon unveiled a trio of premium Alexa-branded tablets on Thursday. With entry prices ranging from $230 to $500, the company is positioning these devices as direct competitors to high-end tablets from Apple and Samsung while retaining its signature ecosystem integration.
San Diego-based Iambic Therapeutics is seeking to raise up to $155.9 million in its upcoming initial public offering, aiming to sell 9.4 million shares at a price range of $15 to $17. The clinical-stage firm plans to leverage these funds to accelerate its AI-powered drug discovery platform through 2028.
With over a decade of internal experience at the equipment marketplace, Steve Steinberg has been named the company's new chief financial officer. He replaces outgoing executive Eric Guerin, moving into the position after a long tenure overseeing the firm's strategic planning and decision support divisions.
A 16% surge in premarket trading greeted investors Thursday after CSL Plasma confirmed a definitive timeline for integrating Haemonetics’ collection technology. The plasma giant plans to deploy NexSys PCS devices and associated disposables across its entire network of U.S. collection centers by the final quarter of 2027.
Microsoft is pivoting its gaming strategy beyond consoles by launching XP, a dedicated division tasked with transforming Xbox intellectual property into film, television, and live experiences. By leveraging its existing library, the company aims to deepen fan engagement through brand partnerships and immersive real-world attractions.
Greece has unveiled draft legislation imposing a 10% capital gains tax on cryptocurrency earnings, positioning the country as a favorable jurisdiction for digital asset investors compared to its European neighbors. The proposed framework, which exempts the first 500 euros of profit, marks a shift from earlier, more aggressive tax discussions.
U.S. corn and soybean exports for the week ending October 1 missed analyst projections, signaling a sluggish start to the marketing year. While wheat bucked the trend with stronger-than-anticipated demand from Asian markets, the broader agricultural sector remains under pressure as futures prices struggle to find firm footing.
With $80.5 million in tariff refunds now bolstering its balance sheet, Helen of Troy is betting on a sharper market presence. The consumer goods firm raised its full-year earnings forecast on Thursday, signaling that the windfall will be funneled directly into marketing and infrastructure to sustain recent growth trends.
A surge in beverage sales failed to shield Tilray Brands from a $40 million quarterly loss, as the company grappled with significant noncash charges. While the bottom line swung into the red compared to last year’s breakeven performance, the results narrowly outperformed the pessimistic projections set by Wall Street analysts.
Unauthorized intruders breached a staff account at British online retailer ASOS this week, gaining access to customer names and contact details. While the company insists the digital storefront remains secure, the incident highlights a significant lapse in internal security protocols that allowed outsiders to scrape data from third-party platforms.
Over 265,000 Chrysler vehicles face a mandatory recall after the National Highway Traffic Safety Administration identified a defect where water intrusion into the electric power steering wiring harness can cause a sudden loss of steering assist, significantly increasing the probability of a collision for drivers on the road.
Boosted by high-grade ore and upgraded mill performance, Trekor Metals produced 41 million pounds of copper during the third quarter. This production surge across its Gibraltar and Florence Copper facilities prompted management to raise full-year output targets, even as the company navigates development delays at its Arizona site.
A potential fire hazard in high-voltage battery systems has prompted Volkswagen to recall over 22,000 ID.4 electric vehicles. The National Highway Traffic Safety Administration reports that specific charging behaviors, particularly when exceeding an 80% battery capacity, could trigger dangerous thermal incidents in a small fraction of the affected fleet.
After an extensive search to fill the vacancy left by James Clemmer, medical-technology firm AngioDynamics has appointed Eric Honroth as its new president and chief executive. Honroth, formerly a top executive at Sweden’s Getinge, will formally assume his leadership duties and a seat on the board of directors on November 2.
A 12% surge in premarket trading greeted Atrium Therapeutics on Thursday following the announcement of a $50 million private placement. The move arrives as a necessary pivot for the biotech firm, which has seen its share price crater by nearly 50% since the start of the year.
A 12-day blockade at the Terronera mine and emergency repairs at the Guanacevi mill have forced Endeavour Silver to temper its annual production expectations. Despite a 19% surge in third-quarter output, the Canadian miner warned that full-year results will likely land at or below the bottom of its previous guidance range.
Shares of Hallador Energy jumped 4% to $14.20 in premarket trading Thursday after the company locked in six-year capacity and energy agreements. The deal pushes the firm’s total forward sales book to $3 billion, signaling a recovery for a stock that had slumped 28% since the start of the year.
Peter Garner-Winship has been named chief financial officer of Marimaca Copper, moving up from his previous role as vice president of finance. He succeeds Jose Antonio, who will now focus exclusively on his responsibilities as managing director for the company’s Chilean operations and the flagship Marimaca Oxide Deposit.
A consortium led by Swiss luxury watchmaker Montres Journe has agreed to purchase a 95% stake in the EBEL brand from Movado Group. The $66.5 million deal marks a significant shift for the Paramus-based company, which has held the Swiss watchmaker in its portfolio since acquiring it nearly two decades ago.
National Energy Services Reunited has secured a five-year contract worth approximately $200 million to spearhead lithium extraction efforts for Saudi Aramco. The deal marks a strategic shift for the oil giant, aiming to pivot toward battery-grade production by leveraging proprietary extraction and carbonation technologies within the Kingdom.
Months after Beijing blocked the $2 billion acquisition of its AI subsidiary by Meta Platforms, Butterfly Effect has successfully closed a $500 million funding round. The move signals a pivot toward independent growth and a possible public offering for the startup behind the sophisticated Manus artificial intelligence agent.
Fintech firm Wise is negotiating a settlement with HM Revenue & Customs to cover tax liabilities for customers affected by a four-year reporting error. The discrepancy, spanning from 2021 to 2025, originated from a third-party software failure that generated inaccurate statements for users of the company’s investment and interest-bearing products.
Shares of Argenx plummeted 18% in Thursday morning trading, erasing all year-to-date gains after the company abruptly halted a late-stage trial for its Vyvgart drug. The decision followed an independent committee finding that the treatment failed to show sufficient efficacy for patients suffering from the chronic autoimmune condition Sjogren's disease.
Premarket trading saw Profound Medical shares climb 23% to $6.97 on Thursday, driven by a third-quarter revenue forecast that significantly outpaced Wall Street expectations. The company projected revenue between $9.8 million and $10 million, a sharp contrast to the $7.5 million estimate previously set by analysts polled by FactSet.
After a decade of leadership at AngioDynamics, chief executive James Clemmer is stepping down, marking a significant transition for the Latham-based medical technology firm. His successor, Eric Honroth, formerly the global president of life science at the Swedish company Getinge, steps into the role on November 2.
Tesco has lifted the lower end of its annual profit guidance, banking on resilient consumer confidence to sustain its momentum. As the U.K.’s leading grocer, the company now anticipates adjusted operating profit between 3.15 billion and 3.30 billion pounds for the fiscal year ending in February, surpassing previous baseline expectations.
122 million yen in net profit for the quarter ending August 31 marks a slight retreat for Ohba Co. Ltd., despite the company managing to push its top-line revenue to 3.12 billion yen. The Tokyo-listed firm faced narrow margins as higher operational gains failed to offset minor bottom-line declines.
A steady rise in consumer demand propelled Yoshinoya Holdings to a net profit of 3.81 billion yen for the six months ending August 31, marking a significant jump from the 2.64 billion yen reported during the same period last year.
Three F Co. Ltd. reported a net profit of 237 million yen for the half-year ending August 31, 2026, marking a decline from the 249 million yen recorded during the same period last year. The Japanese firm’s latest financial filing shows a tightening of margins despite a modest increase in overall revenue.
Land Co. Ltd. reported a dramatic financial turnaround for the half-year ending August 31, posting a net profit of 593 million yen. This result marks a sharp recovery from the 138 million yen loss recorded during the same period last year, driven by a massive expansion in top-line revenue.
