>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • ADBE +4.7%, NUE +0.4% (guides Q2 earnings above consensus)

Other news:

  • SPCE +39.7% (starts commercial spaceline operations; first spaceflight to occur this month)
  • NETI +13.2% (Eneti and Cadeler A/S sign business combination agreement to create a leading offshore wind turbine and foundation installation company)
  • ENVX +9.3% (achieves Q2 forecast for units made at Fab1 location)
  • OTLY +4.1% (files for 22424755 ADSs by selling shareholders)
  • SQSP +4% (SQSP to acquire assets associated with GOOG Domains business)
  • AUTL +3.5% (presents positive results from AUTO4 in relapsed/refractory TRBC1-positive peripheral t-cell lymphoma)
  • DLO +3% (says it had positive talks with Argentine govt)
  • TSP +3% (becomes first to successfully operate driver out fully autonomous semi-truck on open public roads in China)
  • LXRX +2.7% (FDA approves INPEFA)
  • COIN +2.2% (BLK iShares unit files for the formation of a spot Bitcoin ETF)
  • IPHA +2.1% (Highlights Increased Lacutamab Clinical Activity From Interim Results of Phase 2 TELLOMAK Study With Updated Olsen Criteria)
  • XAIR +1.8% (licenses commercial rights to nNOS Inhibitors)
  • RETA +1.8% (receives FDA Filing Acceptance of SKYCLARYS NDA prior approval supplement)
  • NVAX +1.7% (to Deliver Protein-based Monovalent XBB COVID Vaccine)
  • SSRM +1.5% (announces new normal course issuer bid)
  • QGEN +1.3% (publication of review highlighting value of its TB testing technology)
  • STLA +1% (will offer EVs at under €25000 early next year according to Bloomberg)

Analyst comments:

  • ABCM +3.4% (upgraded to Buy from Neutral at BofA Securities)
  • WST +1% (upgraded to Buy from Neutral at BofA Securities)