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The Arena Group Holdings, Inc. (AMEX:AREN) shares jumped premarket on Friday after the company delivered the first quarter of positive net income. Arena, which is home to hundreds of media brands, including TheStreet, Parade Media, Men’s Journal, Surfer, Powder and Athlon Sports, reported a net income of $4.0 million, or EPS of $0.11, in the third quarter of 2024, compared to a net loss of $11.2 million, or EPS loss of $0.47 per share a year ago quarter. Adjusted EBITDA stood at $11.2 million co

(Bloomberg) -- Super Micro Computer Inc. investors have spent two months waiting for the company to file a plan that would allow it to remain listed on the Nasdaq exchange. With the deadline now just days away, that plan is yet to materialize.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Exp

Stocks in drug makers slumped after Donald Trump named vaccine sceptic Robert F Kennedy Jr as his health secretary.

U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up bond yields and pressuring rate-sensitive equities. In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% target as reasons the central bank can afford to be careful as they determine the pace and scope of rate cuts going forward. U.S. Treasury yields rose broadly after Powell's comments, while Wall Street's main indexes closed lower.

Stock Futures Fall as Investors Digest Fed Chair Powell's Comments, PPI Data; Asia Churns, Europe Rises

It kind of makes finding $5 in your pocket seem less exciting.

Palantir Technologies shares are rising in premarket trading Friday after the analytics software provider said it is shifting its listing to the Nasdaq from the New York Stock Exchange.