Highland Critical Minerals Corp (CSE:HLND) said its shareholders unanimously approved a plan of arrangement to spin out its Highland Red Lake Gold unit, clearing a key step toward completing the deal before year-end.
The special resolution passed with 100% support from shareholders present or represented by proxy at the November 21 meeting, surpassing the required two-thirds threshold, the Canadian exploration company said on Tuesday.
Shares of Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) climbed 3.8% on Tuesday afternoon after UBS upgraded the chip-equipment maker to Buy from Neutral, citing a strengthening memory recovery and raising its 12-month price target to $285 from $250.
UBS analysts said they now expect a “significantly more bullish outlook” for wafer fabrication equipment (WFE) in 2026 and 2027, driven largely by a surge in DRAM spending.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares fell 4.5% on Tuesday amid investor worries over rising competition in the artificial intelligence (AI) chip market.
Investors are weighing reports that Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is considering using Google’s AI chips instead of Nvidia’s, raising concerns about potential market share shifts in the fast-growing AI sector.
Analog Devices Inc (NASDAQ:ADI) reported better-than-expected revenue and profits for the fiscal fourth quarter, sending its shares more than 4% higher on Tuesday.
For the quarter ending November 1, 2025, the semiconductor company posted revenue of $3.08 billion, surpassing Wall Street estimates of $3.02 billion. Revenue grew 26% year-over-year and 7% sequentially, driven by double-digit increases across all end markets, including industrial, communications, and consumer segments.
AMC Entertainment Holdings (NYSE:AMC) shares climbed almost 5% after the cinema chain reported a blockbuster opening weekend for the musical film Wicked: For Good, generating approximately $226 million globally, including $150 million in the US and Canada.
The film marked AMC’s biggest opening weekend for a PG- or G-rated movie since early 2023 and drove significant growth across admissions, food and beverage, merchandise sales, and special event attendance, the company said.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is in talks with Alphabet Inc (NASDAQ:GOOG)’s Google to spend billions of dollars on Google’s custom AI chips called tensor processing units (TPUs) in its data centers starting in 2027, according to a report from The Information.
Meta currently relies on Nvidia chips but may begin renting TPUs from Google Cloud as early as 2026 to test the technology before broader deployment, per the report.
Kohl's Corporation (NYSE:KSS) shares surged more than 32% Tuesday after the retailer reported a third-quarter earnings beat and raised its full-year guidance, buoyed by stronger-than-expected sales.
For the quarter ended September 30, net sales fell 2.8% year-on-year to $3.4 billion, slightly above analysts’ estimate of $3.33 billion. Comparable sales decreased a milder 1.7%, compared with a projected 3.89% drop.
Abercrombie & Fitch (NYSE:ANF) shares surged 28% after the clothing retailer reported strong results for the third quarter, surpassing Wall Street expectations on both earnings and revenue.
Adjusted earnings per share (EPS) were $2.36, topping estimates of $2.16.
Dick's Sporting Goods (NYSE:DKS) saw its shares drop more than 3% after it posted an earnings miss for the third quarter, despite raising its full-year guidance.
The company reported Q3 revenue of $4.17 billion, up 36.3% year-over-year, but falling short of Wall Street expectations of roughly $4.64 billion.
Tiziana Life Sciences Ltd (NASDAQ:TLSA) announced that its Phase 2 clinical trial evaluating intranasal foralumab in patients with amyotrophic lateral sclerosis (ALS) has been accepted into the ALS MyMatch Program at the Sean M Healey & AMG Center for ALS at Mass General Brigham.
The study, supported by a grant from the ALS Association, will be led by Principal Investigators Suma Babu and James Berry at Mass General Brigham. It will enroll participants at multiple rapid-enrolling US sites within the Network of Excellence for ALS (NEALS) Consortium.
Zoom Video Communications Inc (NASDAQ:ZM) raised its full-year revenue and profit forecasts on Tuesday after topping Wall Street estimates for the October quarter, buoyed by strong adoption of its artificial intelligence tools and steady enterprise demand.
The company reported third-quarter revenue of $1.23 billion, above its $1.21 billion to $1.22 billion outlook, while adjusted earnings per share came in at $1.52, beating guidance of $1.42 to $1.44. Operating margin reached 41% and operating cash flow rose 30% from a year earlier.
Alibaba Group (NYSE:BABA) shares moved higher after the Chinese eCommerce giant reported fiscal second quarter results that exceeded revenue expectations, driven by strong growth in its cloud and AI businesses despite a sharp drop in profitability.
Revenue for the quarter ended September 30, 2025, reached RMB 247.8 billion (US$34.8 billion), up 5% year-over-year, slightly above estimates of 245.2 billion (US$34.22 billion.)