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Crude Oil Down 2%; Aspire Biopharma Shares Spike Higher - AngioDynamics (NASDAQ:ANGO)
Benzinga· 2025-10-02 18:44
Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining approximately 0.2% to 46,532.02, NASDAQ rising 0.34% to 22,833.17, and S&P 500 increasing 0.07% to 6,715.87 [1] - European shares were mostly higher, with the eurozone's STOXX 600 gaining 0.53%, while Spain's IBEX 35 Index fell 0.27% [6] - Asian markets closed higher, with Japan's Nikkei 225 gaining 0.87% and Hong Kong's Hang Seng index gaining 1.61% [9] Company Earnings - AngioDynamics, Inc. reported better-than-expected earnings for Q1, with losses of 10 cents per share, beating the analyst consensus estimate of 12 cents per share. Quarterly sales were $75.711 million, exceeding the consensus estimate of $72.725 million [2] Commodity Prices - Oil prices decreased by 2.1% to $60.47, gold fell by 0.7% to $3,869.20, silver dropped 2.7% to $46.415, while copper rose by 1.2% to $4.9430 [5] Notable Stock Movements - Aspire Biopharma Holdings Inc shares surged 110% to $0.45 following the announcement of a milestone roadmap targeting FDA submission [8] - Canaan Inc shares increased by 25% to $1.30 after announcing a significant sales order [8] - Ondas Holdings Inc shares rose 26% to $9.19 after announcing an initial order of 500 Wasp drones [8] - Uni-Fuels Holdings Ltd shares dropped 72% to $1.42, and Nvni Group Ltd shares fell 50% to $0.37 due to a reverse stock split announcement [8] - FlexShopper Inc shares decreased by 49% to $0.29 following the resignation of its Director amid financial issues [8] Employment Data - U.S.-based employers announced 54,064 job cuts in September, a decrease from 85,979 in August [10]
Crude Oil Down 2%; Aspire Biopharma Shares Spike Higher
Benzinga· 2025-10-02 18:44
Market Overview - U.S. stocks experienced a positive trading session, with the Dow Jones index increasing by approximately 0.2% to 46,532.02, the NASDAQ rising by 0.34% to 22,833.17, and the S&P 500 gaining 0.07% to 6,715.87 [1] - In the commodities market, oil prices decreased by 2.1% to $60.47, gold fell by 0.7% to $3,869.20, silver dropped by 2.7% to $46.415, while copper rose by 1.2% to $4.9430 [5] Company Earnings - AngioDynamics, Inc. reported better-than-expected earnings for Q1, with losses of 10 cents per share, surpassing the analyst consensus estimate of 12 cents per share. The company also reported quarterly sales of $75.711 million, exceeding the consensus estimate of $72.725 million. Additionally, AngioDynamics raised its FY26 adjusted EPS and sales guidance [2] Notable Stock Movements - Aspire Biopharma Holdings Inc saw its shares surge by 110% to $0.45 following the announcement of a milestone roadmap targeting FDA submission for Sublingual Aspirin in H2 2025 [8] - Canaan Inc experienced a 25% increase in shares to $1.30 after announcing a significant sales order for Bitcoin mining machines [8] - Ondas Holdings Inc shares rose by 26% to $9.19 after announcing an initial order of 500 Wasp drones for the U.S. defense market [8] - Conversely, Uni-Fuels Holdings Ltd shares plummeted by 72% to $1.42, and Nvni Group Ltd shares fell by 50% to $0.37 due to a 10-to-1 reverse stock split announcement [8]
Nasdaq Surges 100 Points; AngioDynamics Posts Upbeat Q1 Results - AngioDynamics (NASDAQ:ANGO), Aspire Biopharma Hldgs (NASDAQ:ASBP)
Benzinga· 2025-10-02 13:44
Market Overview - U.S. stocks traded higher, with the Nasdaq Composite gaining over 100 points, the Dow up 0.15% to 46,510.40, the NASDAQ rising 0.47% to 22,861.86, and the S&P 500 increasing 0.27% to 6,729.47 [1] - Information technology shares increased by 0.9%, while real estate stocks fell by 0.6% [1] Company Earnings - AngioDynamics, Inc. reported better-than-expected earnings for Q1, with losses of 10 cents per share, beating the analyst consensus estimate of 12 cents per share. Quarterly sales were $75.711 million, exceeding the consensus estimate of $72.725 million [2] - The company raised its FY26 adjusted EPS and sales guidance [2] Commodity Prices - Oil traded down 1% to $61.20, while gold rose 0.5% to $3,916.00. Silver increased by 0.4% to $47.875, and copper rose 1.1% to $4.9375 [5] Global Market Performance - European shares were higher, with the eurozone's STOXX 600 gaining 0.7%, Spain's IBEX 35 up 0.1%, London's FTSE 100 down 0.1%, Germany's DAX 40 up 1.4%, and France's CAC 40 rising 1.4% [6] - Asian markets closed higher, with Japan's Nikkei 225 gaining 0.87% and Hong Kong's Hang Seng index up 1.61% [7] Stock Movements - Aspire Biopharma Holdings Inc shares surged 81% to $0.39 after announcing a milestone roadmap for FDA submission [9] - Concorde International Group Ltd shares increased by 41% to $3.64, while Iveda Solutions Inc shares rose 39% to $1.89 [9] - Uni-Fuels Holdings Ltd shares dropped 71% to $1.46, and Nvni Group Ltd shares fell 53% to $0.35 following a reverse stock split announcement [9] - FlexShopper Inc shares decreased by 45% to $0.31 after the resignation of its Director due to financial matters [9] Employment Data - U.S.-based employers announced 54,064 job cuts in September, a decrease from 85,979 in August [10]