Tesla Inc (NASDAQ:TSLA) is set to resume shipping components from China to the United States for the production of its upcoming Cybercab and Semi truck models, according to Reuters.
The move, expected to begin at the end of May, follows a recent trade truce between the US and China that rolled back most tariffs and retaliatory measures.
Oklo (NYSE:OKLO) shares added more than 17% after the nuclear energy company said it expects to report its first revenues in early to mid-2026 from a radioisotopes project.
For the first quarter, the company reported a loss per share of $0.07, slightly better than the loss per share of $0.08 expected by analysts.
Shares of bluebird bio Inc (NASDAQ:BLUE) surged 50% on Wednesday after the gene therapy developer announced an amended acquisition agreement with private equity firms Carlyle and SK Capital, offering shareholders a higher upfront cash payout.
The revised deal includes a $5 per share cash offer, replacing a previous bid that had offered $3 per share upfront and a contingent value right (CVR) of $6.84 per share, payable if certain sales milestones were met.
Septerna (NASDAQ:SEPN) shares surged almost 50% after the announcement of an exclusive global collaboration and license deal with Novo Nordisk (NYSE:NVO) to develop oral small molecule medicines targeting obesity and other cardiometabolic diseases.
The partnership brings together Septerna’s expertise in G protein-coupled receptor (GPCR) drug discovery with Nono Nordisk’s established obesity and metabolic disease therapies, which include the injectables Wegovy and Ozempic.
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) shares were up 5.1% in early trading on Wednesday after the chipmaker unveiled a new $6 billion share repurchase program, expanding its total buyback authorization to about $10 billion.
The announcement comes as a number of semiconductor firms seek to return capital to shareholders amid signs of cooling investor enthusiasm for the artificial intelligence boom that has driven up valuations across the sector.
Tencent Holdings (HKG:0700, OTC:TCEHY) shares moved higher as the Chinese technology firm posted a year-over-year increase in both revenue and profit for the first quarter driven by growth in its gaming business.
Total revenue was up 13% year-over-year at RMB180 billion (US$25.1 billion), above estimates of RMB174.6 billion.
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) shares soared in Wednesday afternoon’s trading, after putting the spotlight on its ongoing collaboration with Philips,
The Dutch electronics firm is to broaden its use of Polarean’s Xenon lung MRI technology to include younger children with chronic obstructive lung disease, subject to regulatory clearance.
Mirriad Advertising PLC (AIM:MIRI, OTCQX:MMDDF) has raised £1.5 million through a placing of 15 billion new shares at a heavily discounted price of 0.01p per share.
Shares in the company fell 40% on Wednesday on the news, down more than 95% since the end of April, when a potential takeover collapsed and the company warned it may soon run out of money and could enter administration within days unless fresh funding is secured.