Stock Market & Financial News
Dow ends sharply lower as Fed hikes rates and Treasury yields rise
4:25pm: 10-year yield tops 5% US stocks finished mixed on Wednesday, with the Dow bearing the brunt of the selling as investors digested the Federal Reserve's first interest rate hike in three years and another rise in long-term bond yields. The Dow Jones Industrial Average fell 631 points, or 1.2%, to 51,462, while the S&P 500 dropped 34 points, or 0.5%, to 7,552.
DOW +2.51% Tertiary Minerals reveals latest "incredibly compelling" silver results from Mushima North project
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) has reported its highest-grade silver-copper intersection yet at the Mushima North project in Zambia, with drilling returning 82 metres at 107 grams per tonne silver equivalent from just 8 metres depth. Hole 26TMNRC-066 returned 82m grading 89 g/t silver, 0.20% copper and 0.38% zinc, including a higher-grade 37m section at 165 g/t silver, 0.28% copper and 0.58% zinc.
MTX -1.83% ACG Metals reports revenue growth as higher prices support Gediktepe works
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) reported a 27% rise in first-half revenue to US$90 million as higher gold and silver prices offset lower production during the transition of its Gediktepe mine towards commercial sulphide operations. Adjusted EBITDA increased 19% to US$48 million, while cash generated from operations reached US$30 million.
ACGAF 0% DNO improves cash terms for Capricorn takeover bid
DNO has improved its recommended US$396 million (£294 million) takeover of Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) as an entirely cash offer, removing reliance on the target being able to pay a special dividend before completion. Capricorn shareholders will now receive US$5.214 per share in cash, equivalent to 388p, from the previous proposal that comprised US$4.224 in cash plus an intended US$0.99 special dividend.
CRNZF 0% 
Kingfisher upgraded as bank reverses 2025 call
Deutsche Bank has upgraded Kingfisher PLC (LSE:KGF), the FTSE 100 owner of B&Q and Screwfix, to 'hold' from 'sell', and raised its price target to 300p from 260p. The move reverses a sell call made in December 2025, which had rested on UK cost pressures and a weaker economic backdrop.
KGFHY -0.22% 
Man Group motors after leading bank upgrades
Shares in Man Group PLC (LSE:EMG) jumped 6% to 334.8p after UBS upgraded the hedge fund manager to 'buy', betting that a sharp rebound in its computer-driven strategies will force forecasts higher. The Swiss bank lifted its rating from 'neutral' and raised its price target to 365p from 335p.
MNGPF 0% 
Tesco and Sainsbury on notice as Morrison's fights back
Citi has taken a slightly negative view of Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) after Morrisons' latest quarterly results, warning of intensifying competition among the big supermarkets. Morrisons, the privately owned grocer, reported like-for-like sales up 3.2% in the 13 weeks to 26 July, a measure that strips out the effect of new store space.
TSCDY -2% 
Sigma Lithium marks five years on Nasdaq with second closing bell honor
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) will ring the Nasdaq Closing Bell during New York Climate Week, the second time it has received the honor, recognizing its strategy to build the largest lithium oxide industrial mineral producer in the Americas. The ceremony coincides with the fifth anniversary of Sigma Lithium's Nasdaq listing.
LTUM -7.84% 
3i Group receives vote of confidence as bank sees further Action value
UBS has reaffirmed its 'buy' rating on 3i Group PLC (LSE:III), the FTSE 100 investment company, pointing to fresh evidence that its most important holding is on the mend. The bank kept its price target at 3,200p, implying roughly 20% upside from the recent 2,675p.
III +0.16% 
Purepoint hits strong radioactivity at new Q24 target within Dorado project
Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) said a new drill hole at its Dorado joint venture project intersected strong radioactivity at the unconformity, a key geological marker for uranium deposits, at a newly identified target area called Q24. Drill hole PG26-11 returned 7.4 metres averaging 8,760 counts per second (cps), including 0.5 metres averaging 38,710 cps, with a maximum downhole probe reading of 50,110 cps.
PTUUF -7.14% 
Reasons to Retain DENTSPLY SIRONA Stock in Your Portfolio for Now
XRAY's digital dentistry, R&D and restructuring support growth, but CAD/CAM, implants, SureSmile and tariff pressures pose near-term risks.
XRAY -0.74% 
Lennar Q3 earnings fall as homebuilder cuts annual delivery target
Lennar Corp (NYSE:LEN) reported a 52% drop in third-quarter net earnings and lowered its annual delivery target. Net earnings fell to $284 million, or $1.19 per diluted share, from $591 million, or $2.29, a year earlier.
LEN-B -0.2% 
Why These 4 Retail REITs Merit Attention Even After Fed's Rate Hike
Regency Centers, Phillips Edison, Tanger and Curbline pair tight retail supply with strong leasing demand and liquidity despite higher rates.
CURB 0% 
C3 Metals expands drone survey at Peru copper project after new anomalies found
C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) said on Thursday it has expanded drone-based magnetic and gravity surveys at its Khaleesi copper project in southern Peru by more than 65% after the initial work identified multiple coincident anomalies. The surveys were expanded from 900 to 1,500 hectares after identifying broad copper-bearing magnetite skarn zones under glacial till.
CUAUF 0% 
Generac signs long-term Amazon data center generator deal
Generac Holdings Inc (NYSE:GNRC) signed a long-term agreement to supply backup generators for Amazon.com Inc (NASDAQ:AMZN) data centers, with initial deliveries expected to total about $2.4 billion in 2027 and 2028. The US power equipment maker's shares surged nearly 18% in Thursday morning trading.
GNRC -0.59% 
Nebius announces higher rates for Nvidia GPUs and AMD CPUs
Nebius Group NV (NASDAQ:NBIS) has notified customers of plans to increase prices across its on-demand GPU cloud services, with the new rates scheduled to take effect on October 1. Under the latest adjustments, prices for Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) H100 instances will rise by about 17%, while rates for the newer Nvidia B300 GPU will rise by about 21%.
AMD +1.74% 
GlobalFoundries and Marvell expand SiGe deal for AI data centers
Globalfoundries Inc (NASDAQ:GFS) and Marvell Technology Inc (NASDAQ:MRVL) expanded their multiyear manufacturing agreement to increase semiconductor production capacity as growing AI data centers fuel demand for faster optical connections. The agreement will boost production capacity at GlobalFoundries' Burlington, Vermont, facility for silicon germanium technology, known as SiGe, which enables faster and more energy-efficient semiconductor devices.
MRVL +2.26% 
TNR Gold investigates alleged share acquisition conspiracy
TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said its investigation into Eucalyptus Resources Opportunities Fund 1, LP has uncovered evidence of a potential conspiracy among Eucalyptus and undisclosed joint actors to secretly acquire and vote company shares in a bid to seize control of its board. The alleged scheme, led by Jon Christian "JC" Evensen, appears to extend well beyond what Eucalyptus has publicly disclosed and may breach securities laws, the company said, ahead of its annual general and special meeting of shareholders on September 22, 2026.
TRRXF +5.56% 
Gunnison Copper submits reclamation plan amendment for Arizona project
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has submitted an application to amend the Mined Land Reclamation Plan for its flagship open-pit Gunnison Project in Cochise County, Arizona, the company said, with approval expected before the end of 2026. The MLRP amendment is one of three principal state permit amendments required to advance the project under its planned open-pit configuration.
GCUMF +3.28% 
Tiziana Life Sciences partners with Saudi institutions on MS combination therapy trial
Tiziana Life Sciences Ltd (NASDAQ:TLSA) has signed a Memorandum of Understanding with the King Abdullah International Medical Research Center (KAIMRC) and the Foundation for Neurologic Diseases to study its intranasal foralumab in combination with anti-CD20 therapy for multiple sclerosis patients. The planned trial will target relapsing-remitting multiple sclerosis (RRMS) patients who respond poorly to anti-CD20 therapy alone, a shortfall that may stem from untreated neuroinflammation.
TLSA -5% 
Nextech3D.ai CEO to receive shares in lieu of unpaid salary
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) will issue shares to CEO Evan Gappelberg to settle accrued and outstanding salary owed to him, the company said. The company will issue 7,420,880 shares at a deemed price of $0.10 each, in satisfaction of $742,088 in compensation earned by Gappelberg over the past several years.
NEXCF -6.82% 
Lisata Therapeutics acquires Marea Therapeutics, secures $225 million private placement
Lisata Therapeutics Inc (NASDAQ:LSTA, FRA:8NE) has acquired Marea Therapeutics, a clinical-stage biotech developing next-generation medicines for cardioendocrine diseases. The companies also entered a private placement financing agreement expected to raise approximately $225 million in gross proceeds.
LSTA -3.81% 
Ciena stock rises as analysts lift target after $14B FY29 revenue outlook
Ciena (CIEN) stock climbed on Thursday after the optical networking equipment maker outlined new financial targets at its investor forum, and analysts raised their price targets following the update. The stock surged to its intraday high of $375.7 before easing most of the gains and was trading 4% higher at $357.35 at the time of writing.
CIEN -0.74% 
Bitcoin coils near $76.5K as US stocks rebound from Fed rate hike
Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve's first interest-rate hike since July 2023.
Lennar Q3 Earnings Miss Estimates on Housing Weakness, Revenues Lag
LEN stock falls as Q3 earnings and revenues miss estimates and decline year over year. Weaker deliveries, pricing and margins reflect continued housing demand pressures.
LEN-B -0.2% 
MNST's International Sales Surge 35%: Is Global Expansion Paying Off?
Monster Beverage's international sales surge in Q2 as growth in China, India and Brazil broadens its overseas engine despite margin pressures.
MNST -2.35% 
MP's Operating Losses Continue in Q2: Can It Revert to Profitability?
MP Materials narrows its Q2 operating loss as revenues surge 89%, but rising costs and investments keep pressure on profitability.
MP -0.67% 
CollPlant Biotechnologies Ltd. (CLGN) Discusses Acquisition of Lightsolver and Strategic Entry Into High-Performance Photonic Computing Transcript
CollPlant Biotechnologies Ltd. (CLGN) Discusses Acquisition of Lightsolver and Strategic Entry Into High-Performance Photonic Computing Transcript
CLGN +1.38% 
Can Coursera Convert 44% Subscriber Growth Into Bigger Profits Ahead?
COUR's 44% subscriber growth is boosting recurring revenues and margins, while pressure in transactional offerings remains a challenge.
COUR +0.2% 
Vitesse Energy Expands DJ Basin Footprint With $26M Deal
VTS' $26M DJ Basin acquisition adds 900 BOE/day, Chevron-operated assets and hedges through 2030 to support cash-flow growth.
VTS +2.3% 
