With Big Tech’s AI and data-center spending back under the microscope, Meta Platforms Inc (NASDAQ:META) faces a prove-it moment when it reports earnings on Wednesday — investors want evidence that heavier CapEx is translating into durable, cash-generative growth. Here’s what…
Global immunology pioneer Argenx SE (NASDAQ:ARGX) on Monday struck a definitive agreement to purchase Forte Biosciences, Inc. (NASDAQ:FBRX) in a substantial all-cash transaction. Priced at $77 per share, the buyout commands a total equity value of roughly $2.2 billion, signaling…
‘Pharma Bro’ Martin Shkreli is publicly accusing Capricor Therapeutics (NASDAQ:CAPR) of fraud and alleging legal action will be taken against its CEO and a consultant over patient data. Shkreli posted on X that “$CAPR is a complete fraud” and later wrote in…
MapLight Therapeutics Inc. (NASDAQ:MPLT) stock is trading lower on Monday after the company reported topline data from its Phase 2 ZEPHYR trial of ML-007C-MA, an oral M1/M4 muscarinic agonist (betovumeline) co-formulated with a peripherally acting anticholinergic (fesoterodine), in adults with…
L3Harris Technologies Inc. (NYSE:LHX) stock rose on Monday following the announcement of seven-year framework agreements to expand propulsion production for the THAAD and PAC-3 missile defense systems. The stock outperformed the broader market, as the S&P 500 declined 0.30% and…
SanDisk Corp. (NASDAQ:SNDK) is Monday’s worst-performing stock in the Russell 1000, tumbling 12% and extending its decline to more than 45% from June’s record high. The sell-off follows Friday’s 10.8% drop as investors grow increasingly concerned that Chinese memory makers…
Verizon Communications Inc (NYSE:VZ) shares rose in early trading on Monday, despite the company reporting downbeat second-quarter revenues on Friday. Verizon delivered on the KPIs (key performance indicators) that investors are focused on, according to Scotiabank. • Verizon Communications stock is…
Nvidia Corp (NASDAQ:NVDA) shares are tumbling on Monday as the stock digests a potential shift toward financing AI buildouts. Nvidia stock is showing notable weakness. Why is NVDA stock falling? Nvidia’s Financing Talks with OpenAI Nvidia is in talks to…
STAK Inc. (NASDAQ:STAK) shares fell more than 62% in Monday trading as investors sharply repriced the oilfield-equipment stock following Friday’s 602% surge. The stock closed Friday at $9.27 after rising from $1.32, with volume reaching approximately 67.08 million shares. What…
Shares of American Express Co (NYSE:AXP) recovered in early trading on Monday, after tanking on Friday following the company’s second-quarter results. The company reported solid results, with stronger billings and revenue trends, which could drive reinvestment, according to RBC Capital…