Premarket News

During the fourth-quarter earnings call on Thursday, CEO Julie Sweet emphasized that those unable to transition into AI-focused roles will be let go under an accelerated timeline.

The company released additional details about its agreement with Freyr Singapore.

According to data from the Commerce Department, core PCE, which excludes food and energy, rose 0.2% over the past month.

Strategy’s stock fell nearly 7% on Thursday and is down 44% from its record high in November last year.

The FAA granted a Supplemental Type Certificate (STC) for Starlink’s satellite internet system to be installed on United’s Boeing 737-800 aircraft.

The pullback comes ahead of the August release of the Personal Consumption Expenditures price index, due later this Friday.

JPMorgan cited that IREN’s valuation appears to reflect expectations around a massive colocation agreement exceeding one gigawatt at its Sweetwater site in Texas.

While noting the development as a positive, the analyst believes that Starbucks' revival is taking longer than previously expected.

According to a Bloomberg News report, citing Terawulf's Chief Financial Officer, Patrick Fleury, Morgan Stanley is arranging a potential transaction for the Bitcoin miner.

The transaction will mark the largest U.S. market entry by a Korean non-life insurer, DB Insurance said.

Land & Buildings, which has built a 2% stake, wants the company to transfer its assets to a REIT.

The BEA’s personal income and spending report for August is expected to show a 2.7% year-over-year increase in the personal consumption expenditure (PCE) index, up from the 2.6% rate in July.

The quarterly report marks another test for CEO Elliott Hill as he approaches his one-year anniversary at the helm.

Intel CEO Lip-Bu Tan has reportedly spoken to Apple’s Tim Cook and TSMC’s C.C. Wei regarding a partnership or joint venture.

Locomotive orders for Rites, a new battery plant investment by Exide, and JLR's cyber recovery are key things investors are eyeing today.

Consumer spending was revised sharply higher, with personal consumption expenditures rising at a 2.5% annualized pace.

This launch, ULA’s third batch of Kuiper satellites, brings Amazon’s total in-orbit constellation to 129 satellites.

Continuing claims, an indicator of the size of the total unemployed population, increased by 2,000 to 1.92 million.

AtlasClear has now generated a total of $5 million in gross proceeds, following the earlier $3 million round disclosed on Sept. 17, 2025.

Transocean increased its planned share offering from 100 million to 125 million shares at $3.05 per share.

Barclays based its new valuation on Nvidia’s earnings potential, forecasting an implied earnings per share of $7.85, adding $35 billion in potential revenue stemming from the chipmaker’s recent collaboration with OpenAI.

The coffee chain announced that its board has approved a restructuring plan that will close select company-operated locations and reduce non-retail headcount under its “Back to Starbucks” turnaround strategy.

Oklo announced that it has completed large-scale coolant flow testing on a prototype fuel assembly, carried out in collaboration with the U.S. Department of Energy’s Argonne National Laboratory.

Under the terms of the 10-year colocation partnership, Cipher will allocate 168 megawatts of dedicated IT power, supported by up to 244 MW in total infrastructure capacity.

Membership fee hikes, tariff maneuvers, and loyal shoppers give retail bulls confidence that Costco will crush EPS estimates like last quarter.

Seaport analysts anticipate that the stock will be driven by follow-on investments and the potential for a "stop-gap solution" in the near term.

Since hitting a bottom of $79.75 on April 7 amid the sell-off triggered by Trump tariffs, the stock has added nearly 200%.

The debt-free biotech firm says insurer payout closes the book on 2022 Oregon blaze, sparking hopes of a turnaround amid a brutal year.

A record 289 million Lithium Americas shares traded hands on Wednesday, compared with its 200-day average trading volume of little over 7 million shares.

Ivalue Infosolutions set to list on the mainboard today

The company is set to acquire a controlling stake in Celnet Technology Co., aiming to expand its presence in enterprise customer relationship management and boost its capabilities in artificial intelligence-powered solutions.

Jefferies raised its price target on the stock to $31, up from $24, and noted that there are "some early signs of over-exuberance" in the stock.

Piper Sandler lifted its price target to $200 from $165, citing Micron’s earnings and forward outlook topped forecasts, driven by solid DRAM demand and stronger-than-expected gross margins.

CEO Paolo Ardoino confirmed on X that the fundraising targets “high-profile investors to scale the company’s strategy across stablecoins, AI, commodities, energy, communications, and media.”

Shares of Alibaba jumped nearly 9% after media reports indicated that the company plans to expand its investment in artificial intelligence, compared to its prior expectations and commitments.

Under the terms of the agreement, Novacap will acquire all outstanding IAS shares at $10.30 apiece, offering a 22% premium over the company’s closing price on Sept. 23, 2025.

According to a Bloomberg report, the Pentagon in July agreed to a $400 million preferred equity investment in the company.

The collaboration will integrate Meta’s advanced Llama AI models into Circus’s defense applications, particularly within its CA-M robotic systems designed for military logistics.

The primary mission of NASA’s IMAP is to study the boundary of the Sun’s heliosphere using its suite of 10 instruments.

Initial investments will target BTC, ETH, and BNB, with any expansion beyond these assets subject to Board approval.

JPMorgan issued a cautious response to the stock’s rally, calling the market’s reaction excessive given the uncertainty surrounding the deal's terms.

The U.S. auto regulator’s probe concerns the driver’s front outboard seat belt anchorage system.

PayPal stated it will continue to be responsible for all customer-facing activities, including underwriting and servicing, associated with its U.S. Pay in four BNPL products.

Glassnode reported U.S. spot bitcoin ETF flows turned mildly negative after strong September inflows, signaling a pause in institutional demand.

Wells Fargo also raised its price target on Amazon to $280, up from $245, noting that AWS sales are expected to rise 22% in 2026, four points above consensus.

While Dow Jones futures were down by 0.02% at the time of writing, the S&P 500 futures rose 0.13%.

While UBS sees tariffs adding to the company’s costs, it believes there will be no pass-through effect to consumers.

Analysts at the firm said asset reshuffling could be the right move for the beverage giant in the long term, but presents 'elevated noise and uncertainty' in the near term.

Although analysts expect sales and profit decline in the U.S. homebuilder's third-quarter report, due after market hours, the sector outlook is improving.

CEO Eddie Wu said the company will increase spending on AI models and infrastructure development.