Cadence Design Systems Inc. (NASDAQ:CDNS) stock fell nearly 10% on Friday as investors sold high-valuation software stocks during a broader risk-off session. The Nasdaq was down 0.80%, while the S&P 500 lost 0.65%. AI Disruption Pressures Cadence Stock The technology…
A primetime speech from President Donald Trump has put media companies in the spotlight as those companies who chose not to air the speech could soon be targeted. Here’s a look at who kept the president happy and what companies…
Kalaris Therapeutics, Inc. (NASDAQ:KLRS) announced expanded data from its Phase 1a single ascending dose trial evaluating TH103 for the treatment of neovascular age-related macular degeneration. Following the announcement, the stock jumped nearly 18%. The clinical-stage biopharmaceutical company stated that the…
Paramount Skydance Corporation (NASDAQ:PSKY) stock is falling on Friday due to escalating regulatory and legal barriers facing its proposed $110 billion merger with Warner Bros. Discovery (NASDAQ:WBD). The stock is also experiencing sector-wide pressure after Netflix Inc (NASDAQ:NFLX) issued disappointing…
New On The Block Lulu’s Fashion Lounge Holdings (NASDAQ:LVLU) retained Solomon Partners as its financial advisor and Willkie Farr & Gallagher LLP as its legal advisor as the company evaluates strategic alternatives to maximize shareholder value. Alternatives may include a…
Takeda Pharmaceutical Co. Ltd. (NYSE:TAK) on Friday revealed encouraging secondary data from two pivotal Phase 3 trials evaluating zasocitinib, its next-generation oral treatment for moderate-to-severe plaque psoriasis. Presented at the 2026 American Academy of Dermatology Innovation Academy, the data highlight…
Jasper Therapeutics Inc. (NASDAQ:JSPR) on Thursday said it completed its all-stock acquisition of Kira Pharmaceuticals, bringing the two biotechnology companies together to advance a unified pipeline of therapies targeting immune-mediated and autoantibody-driven diseases. Jasper Therapeutics Raises $132 Million In tandem…
SpaceX (NASDAQ:SPCX) is facing increased bearish pressure as short sellers ramp up their bets against the company. Nearly 185 million shares, or about 29% of the public float, are now sold short, representing $25 billion in wagers, according to CNBC.…
Northrop Grumman Corp. (NYSE:NOC) stock is trading higher on Friday as investors rotated into defensive sectors and continued to weigh long-term U.S. defense spending expectations. Investors appeared to shift capital out of some high-flying artificial intelligence and semiconductor stocks and…
Tech stocks fell for a third straight session Friday as the semiconductor complex extended one of its worst weeks of the year, with investors fleeing the AI hardware trade after a Chinese startup unveiled the world’s largest open-weight model. The…