After two decades of research into the elusive PAM pathway, Celcuity has received FDA approval for Revtorpyk, a novel treatment for HR+/HER2- breast cancer. The drug, known generically as gedatolisib, marks a significant shift in therapy for patients who have exhausted initial endocrine options without specific PIK3CA mutations.
A sudden military escalation between the United States and Iran has sent global energy markets into a frenzy, with oil futures climbing over 11% in just two sessions. The confrontation, triggered by strikes on three tankers near the Strait of Hormuz, marks the sharpest two-day rally since April.
Investors pushed Schmid Group shares 5.1% higher to $4.75 in after-hours trading Tuesday, reacting to an upward revision in the company's full-year order intake projections. The jump arrives as a welcome shift for shareholders, following a 27% decline in the stock's value since the start of the year.
Gold futures surged toward the $4,000-per-troy-ounce threshold as geopolitical friction between the United States and Iran escalated over the weekend. This flight to safety, combined with shifting inflationary expectations, prompted a broad uptick in metal and grain production values as traders recalibrated their portfolios against lingering economic uncertainty.
A sharp downward correction hit the health-care sector today after HCA Healthcare slashed its annual profit projections. The hospital operator cited volatile shifts in patient coverage under the Affordable Care Act, sparking a broader retreat among investors already wary of upcoming earnings reports from major pharmaceutical manufacturers.
A 39% year-over-year earnings jump propelled financial stocks upward this week, as major lenders shattered analyst expectations. JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo collectively cleared $49 billion in profit, buoyed by a broad recovery across trading, investment banking, and consumer lending sectors.
A 15% drop in after-hours trading greeted Wabash National on Tuesday, as investors reacted to the company’s surprise announcement of a $100 million convertible senior unsecured note offering. The sharp decline erased earlier gains, pulling the stock down to $11.40 following a regular session that had closed at $13.42.
Rising oil futures are rattling investors, pushing consumer stocks into the red even as the latest inflation data offers a glimmer of relief. While the consumer price index retreated for the first time since 2020, geopolitical tensions near the Strait of Hormuz are threatening to erase those hard-won gains at the pump.
A cooling inflation report of 3.5% for June has fundamentally altered market expectations, with investors slashing the probability of an imminent interest-rate hike from 42% to 16%. This shift, paired with robust earnings from major financial institutions, provided a rare moment of stability amid broader volatility across the exchanges.
Zoetis has moved to acquire VitalRADS, folding the teleradiology platform into its broader animal-health services portfolio. The deal follows a 2025 partnership between the two entities, though the financial specifics of the acquisition remain undisclosed as the firm seeks to bolster its diagnostic capabilities through integrated AI and specialist access.
Lucid Group pushed back against market speculation Tuesday, asserting that its current liquidity remains sufficient to fund operations well into 2027. The electric vehicle maker explicitly denied the existence of any special board committee tasked with exploring restructuring scenarios, aiming to calm investor fears despite a volatile trading session.
A potential multibillion-euro deal between Uber and Delivery Hero has moved into advanced discussions, signaling a major consolidation in the international food-delivery market. The talks follow an initial approach from Uber in May that valued the Berlin-based company at approximately 10 billion euros, or $11.38 billion.
Duke Energy shareholders will see a modest bump in their income as the utility provider lifts its quarterly dividend to $1.085 per share. This 1.9% increase marks a steady adjustment for the company, moving from the previous payout of $1.065 and reflecting a focus on consistent investor returns.
Shares of Xanadu climbed 5.3% to $11.06 on Tuesday following the announcement of an expanded partnership with Lockheed Martin. The collaboration focuses on bolstering the aerospace giant’s internal talent pipeline by integrating Xanadu’s photonic quantum computing software into specialized engineering training programs.
A 7% plunge in Biogen stock on Tuesday erased the previous day’s gains, signaling investor disappointment after clinical data revealed the company's experimental Alzheimer's drug, diranersen, offered no significant clinical advantage over existing treatments like Leqembi in slowing cognitive decline.
JPMorgan, Goldman Sachs, and Bank of America posted record-breaking quarterly earnings today, offering a robust indicator of consumer and corporate health. While these financial giants buoyed sentiment, the broader market faced pressure from a sharp decline in IBM shares following a surprise profit warning from the tech firm.
Bitmine Immersion Technologies shares climbed 10% to $16.14 today after the company revealed itself as an anchor backer of EthSystems. The new firm aims to bridge the gap between traditional finance and blockchain, developing privacy tools that allow institutional players to transact on Ethereum without compromising sensitive client data.
Commercial vessel traffic through the Strait of Hormuz plummeted to just 10 transits on Monday, marking the lowest activity since a temporary diplomatic thaw between Washington and Tehran. This sharp decline follows three consecutive days of U.S. strikes against Iranian targets, fueling market anxiety over global energy supply routes.
U.S. brick-and-mortar merchants can now activate DoorDash delivery directly through their Shopify dashboards, bypassing the traditional weeks-long onboarding process. This native integration allows retailers to synchronize their product catalogs instantly, effectively turning local inventory into a same-day fulfillment stream for millions of existing DoorDash users.
A potential shift in the global food-delivery landscape is underway as Uber enters advanced takeover negotiations with Berlin-based Delivery Hero. The talks follow an unsolicited approach from the American ride-hailing giant back in May, which initially valued the German firm at approximately 10 billion euros, or 11.38 billion dollars.
A projected 900,000-barrel decline in U.S. commercial crude oil stocks highlights a split among energy analysts ahead of Wednesday's Energy Information Administration report. While the consensus points toward a tightening market, individual forecasts for the week ended July 10 range from a significant build to a steep withdrawal.
Allegiant Travel is pivoting toward a wider digital footprint, signing a 12-month exclusive agreement to list its flights on Expedia Group platforms. The deal marks the first time an online travel agency has been authorized to distribute the carrier's inventory, integrating 566 routes across 124 domestic cities into Expedia’s U.S. network.
Targeting the tau protein to stabilize brain neurons, Biogen’s investigative therapy diranersen is moving into Phase 3 development. The decision follows a global Phase 2 study that linked significant reductions in tau pathology to measurable cognitive improvements in patients diagnosed with early-stage Alzheimer’s disease.
Shares of semiconductor-technology firm Arteris jumped 3.9% to $34.06 today, extending a rally that has seen the company’s valuation more than double since January. The surge follows an announcement that the firm is deepening its technical partnership with U.K.-based giant Arm Holdings to bolster processor core security.
Investors are bracing for Publicis Groupe’s second-quarter results this Thursday, with analysts projecting organic net revenue growth of 4.7%. Following a 22% surge in share price during the second quarter, the focus shifts to whether the advertising giant can sustain its momentum in an increasingly volatile global landscape.
Ten Honda Odyssey owners have reported their air bags inflating without the force of a collision, prompting the National Highway Traffic Safety Administration to open a defect petition. Federal regulators are now evaluating whether these 2011-2017 models require a formal safety investigation into their supplemental restraint systems.
Shares of USA Rare Earth climbed 5% to $18.04 on Tuesday after the company confirmed it successfully produced commercial-grade dysprosium and neodymium-praseodymium oxides from recycled magnets. This technical milestone marks a rare capability for a Western firm to refine heavy rare earth elements outside of Asia.
Investors pushed Almonty Industries shares up by 6.6% in Toronto Tuesday following news that the company has secured a long-term supply extension for its Sangdong tungsten mine in South Korea. The deal deepens a strategic partnership with Austria's Plansee and locks in higher pricing for future production.
The U.S. Department of Defense has granted Blue UAS status to the RQ-35 Heidrun, a hand-launched drone manufactured by Airo Group. This certification confirms the aircraft meets strict federal security standards, effectively clearing a significant hurdle for the company to supply its technology to government and defense agencies.
Investors wiped 11% off Shutterstock’s market value on Tuesday after the sudden departure of CEO Paul Hennessy. The company’s stock, which has plummeted 62% since January, hit $7.32 in morning trading as the board scrambled to install Chief Financial Officer Rik Powell as interim leader of the digital marketplace.
