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In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
14,021 total articles
On Tuesday Anthropic, the San Francisco-based AI lab, introduced 10 new enterprise-focused plug-ins for its Claude model that target investment banking, wealth management, human resources and other corporate functions. The company also announced integrations with commonly used business tools and said partners and clients are already deploying AI ag…
Ideal Power Inc. (IPWR) saw its shares decline 16.9% following the announcement of an underwritten public offering and a concurrent private placement expected to generate roughly $14.0 million in gross proceeds. The company priced 4,458,736 shares or pre-funded warrants in the public tranche for about $12.3 million and a private placement of pre-fu…
Advanced Micro Devices said on Tuesday it agreed to sell as much as $60 billion in artificial intelligence chips to Meta Platforms over five years, in a deal that also gives Meta the option to acquire up to a 10% stake in the chipmaker. The arrangement follows a similar agreement AMD signed last year with OpenAI and is being read by analysts as ano…
MacroGenics Inc (NASDAQ: MGNX) saw its stock decline 7.4% in premarket trading after the U.S. Food and Drug Administration placed a partial clinical hold on the LINNET study of lorigerlimab in gynecologic cancer patients. The hold stops new patient enrollment, while allowing those already dosed to continue receiving the investigational drug. The ac…
Bank of America told clients that Arm Holdings is well positioned to capture a larger slice of the expanding AI inference market as central processing units play a growing role in data-center workloads. The bank raised its price target on Arm and updated its long-term CPU share outlook while reiterating a Neutral rating.
Larimar Therapeutics saw a sharp premarket gain after the FDA awarded Breakthrough Therapy Designation to nomlabofusp for Friedreich's ataxia, citing preliminary open-label data showing increased skin frataxin and directional improvement across multiple clinical outcomes. The company and the agency remain aligned on key endpoints and analyses as La…
JPMorgan upgraded Domino's Pizza from Neutral to Overweight and set a $450 price target, pointing to consistent share gains, a resilient franchise-heavy business, and visible international expansion as reasons to buy around current levels. The bank emphasized steady U.S. unit growth, strong carryout sales and a cost-efficient delivery network while…
Monte Rosa Therapeutics saw its shares rise in premarket trading after presenting Phase 1/2 data for MRT-2359 combined with enzalutamide in metastatic castration-resistant prostate cancer. The data showed complete PSA responses and disease control in a small AR-mutant subgroup and a broader RECIST disease control rate across evaluable patients, wit…
A coalition of travel industry representatives and lawmakers urged the Trump administration on Feb. 24 to promptly restore Global Entry, the trusted-traveler program that speeds U.S. customs and immigration processing for pre-approved, low-risk international arrivals. The Department of Homeland Security suspended the program on Sunday but chose not…
MiniMed Group, the diabetes business spun out of Medtronic, filed to raise up to $784 million in an initial public offering, proposing to sell 28 million shares at $25 to $28 each. The filing outlines the unit’s recent financials, product mix, global footprint, and the extent of Medtronic’s retained voting power.
Yahoo Finance has formed a partnership with Coinbase to enable users to move from crypto and equity tickers on Yahoo's site directly to Coinbase to execute trades. The agreement includes integration of Coinbase data and insights into Yahoo Finance, a promotional one-month Coinbase One offer for users, and plans for deeper ties between Yahoo Finance…
Brookfield Asset Management has purchased Ori Industries and merged it into Radiant, a newly formed company that will lease artificial intelligence chips on demand. Financial terms were not disclosed. Radiant will target companies and governments building sovereign clouds and will use long-term rental contracts to lock in revenue across the expecte…
Blue Owl Capital's stock dipped after Deutsche Bank downgraded the shares and reduced its price target, with the bank citing a tougher near-term environment for retail credit products that could drive higher redemptions and slower net inflows. The move included revisions to forecasts for several alternative asset managers and reflects a more cautio…
VisionWave Holdings Inc. (NASDAQ:VWAV) announced a binding definitive agreement to purchase a 51% controlling interest in C.M. Composite Materials Ltd., a certified producer of aerospace-grade composite structures. The announcement sent VisionWave shares up 6% on Tuesday. The purchase is based on a $50 million valuation of C.M., with the 51% stake …
Warner Bros. Discovery, the legacy studio turned multimedia conglomerate, is at the center of a contested sale process after receiving competing offers for its studios and streaming business. Paramount Skydance has submitted a revised bid that Warner Bros. Discovery says it is considering, while Netflix secured unanimous board approval for a previo…
Wells Fargo projects Qualcomm could produce $5 billion to $7 billion in yearly revenue from data-center AI chips beginning in 2027, noting a more than $100 billion market for AI inference and calling attention to Qualcomm’s AI200/AI250 platforms, recent acquisitions and Taiwan Semiconductor Manufacturing Co (TSMC) wafer allocation as potential adva…
ADT Inc. is purchasing Origin Wireless, known as Origin AI, in a $170 million cash deal, subject to customary purchase price adjustments. The transaction adds Origin’s AI sensing platform and more than 200 global patents to ADT’s home security portfolio. The technology classifies motion and detects humans without using cameras, audio, or wearables …
Bank of America reviewed fundraising materials from OpenAI and concluded the company is targeting $283 billion in revenue by 2030 and roughly $665 billion in cumulative compute spending through 2030. Those projections expand the addressable market for AI-related services across ads, commerce, productivity and infrastructure, while also highlighting…
Irenic Capital Management has accumulated about a 2% stake in Ralliant and is pushing the precision-technology company to reduce operating expenses, accelerate share repurchases and prioritize its sensors and safety systems business over its more cyclical test-and-measurement unit, according to people familiar with the discussions.
Ralliant Corporation (NYSE:RALL) stock jumped 4.5% on Tuesday after reports that New York-based activist Irenic Capital Management has acquired about a 2% stake and has held multiple private discussions with company management. Irenic is urging the Raleigh, North Carolina-headquartered firm to accelerate share repurchases, reduce operating expenses…
The U.S. administration intends to deploy a Pentagon-developed artificial intelligence system to establish reference prices for select critical minerals as part of efforts to create an international metals trading bloc, three sources with direct knowledge of the initiative said. The Open Price Exploration for National Security (OPEN) program will i…
Warner Bros Discovery disclosed it is evaluating a revised bid from Paramount Skydance without revealing financial terms, intensifying a takeover contest that already pits Paramount against Netflix. The company reiterated that its existing agreement with Netflix remains active while talks with Paramount continue, and shareholders are advised to tak…
Intuit has entered a multi-year partnership with Anthropic to provide customizable AI agents for mid-market businesses and to embed Intuit’s tax, accounting, finance and marketing capabilities into Anthropic’s product suite. The integration uses Anthropic’s Claude Agent SDK on the Intuit platform, emphasizes compliant workflows, and will begin roll…
CSX Corporation has engaged Infosys and Microsoft in a coordinated effort to modernize its data platform. Infosys will deliver implementation services while Microsoft supplies the cloud platform technology. The project focuses on migrating and updating the railroad company’s existing data infrastructure as part of a broader technology transformatio…
Keurig Dr Pepper reported quarterly results that surpassed expectations and raised its annual revenue guidance, attributing momentum to strong consumer demand for its carbonated soft drinks and energy offerings, new flavor introductions and targeted marketing. The company is also progressing on financing for its planned acquisition of JDE Peet's an…
