Viasat Inc. (NASDAQ:VSAT) shares traded lower on Monday after announcing a deal with Space42. Space42 is a UAE-based AI-powered space technology company formed in 2024 through the merger of Bayanat and Yahsat. The companies signed a binding agreement to establish…
Cellectis SA (NASDAQ:CLLS) on Monday announced a strategic transformation to become an in vivo gene editing entity focused on long-lasting treatments for chronic diseases. Following the announcement, the stock fell over 27%. The board of directors approved the pivot on…
Shares of Bloom Energy Corp. (NYSE:BE) are trading lower Monday morning as a shift in AI infrastructure sentiment combined with geopolitical escalation and rising interest rate expectations pressure high-beta energy stocks. Here’s what investors need to know. Bloom Energy shares…
Broadcom Inc. (NASDAQ) stock fell more than 4% in Monday’s premarket session amid a broader semiconductor selloff. Advanced Micro Devices Inc. (NASDAQ), NVIDIA Corp. (NASDAQ) and Marvell Technology Inc. (NASDAQ) also fell between 3% and 8%. AI Spending Concerns Weigh…
The U.S. Food and Drug Administration on Friday approved ISEMBYLD (apitegromab-mstn) from Scholar Rock (NASDAQ:SRRK) for spinal muscular atrophy (SMA) in adults and pediatric patients aged 2 years and older. The decision makes ISEMBYLD the first muscle-targeted therapy to demonstrate…
CrowdStrike Holdings Inc. (NASDAQ:CRWD) and Palo Alto Networks Inc. (NASDAQ:PANW) shares are trading higher Monday, along with cybersecurity stocks broadly, following fresh warnings from top AI executives about the risks of advancing AI capabilities. CrowdStrike CEO George Kurtz pushed back…
The Elmet Group Co. (NASDAQ:ELMT) shares went up almost 48% during Monday’s premarket session. The company disclosed its plans to use part of the $450 million committed investment from the United States Department of Defense to boost tungsten supply chain…
Marvell Technology Inc. (NASDAQ:MRVL) stock fell about 8% in Monday’s premarket session as investors pulled back from AI-linked semiconductor stocks. Nasdaq futures are down 1.69% while S&P 500 futures have shed 0.69%. AI Spending Concerns Pressure Marvell Marvell’s decline came…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLE) State Street Energy Select Sector SPDR ETF 66.17 1.03 1.58 720.1K (NYSE:XLP) State Street Consumer Staples Select Sector SPDR ETF 84.40 1.02 1.22 128.3K (NYSE:XLV) State Street Health Care Select…
AstraZeneca Plc (NYSE:AZN) reported updated clinical outcomes across its oncology portfolio, demonstrating sustained long-term survival advantages in lung cancer treatments alongside mixed findings in advanced breast cancer research. Long-Term Survival Gains In Early-Stage Lung Cancer Eight-year follow-up data released on…