IREN Ltd ( IREN ) shares are moving lower on Wednesday following a proposed offering of convertible senior notes. What Happened: Iren ( IREN ) announced plans to offer $875 million of convertible senior notes due 2031 in a private offering to institutional investors. The company said it expects to grant the initial purchasers a 13-day option to purchase up to...

09:17 AM EDT, 10/08/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) advancing by 0.3%. Toyota Motor ( TM ) said it signed a joint development deal with Sumitomo Metal Mining for mass production...

AST SpaceMobile, Inc. ( ASTS ) shares surging premarket on Wednesday after the company disclosed a definitive commercial agreement with Verizon Communications Inc. ( VZ ) . Starting in 2026, the partnership will enable direct-to-cellular connectivity for Verizon customers, extending the carrier's network coverage and enhancing its existing high-quality, nationwide service. The partnership combines Verizon's robust terrestrial network, premium 850...

09:20 AM EDT, 10/08/2025 (MT Newswires) -- Archer Aviation ( ACHR ) and Cleveland Clinic Abu Dhabi have formed a partnership for the planned establishment of a hospital-based vertiport in the United Arab Emirates to provide electric air taxi access to the hospital, according to a Wednesday statement. The companies are looking into non-emergency passenger use cases and time-critical organ...