FDA & Biotech
6 days ago

Novartis Gains FDA Approval for First-in-Class Oral Hives Drug Rhapsido

The approval of the twice-daily pill remibrutinib positions the company to challenge injectable treatments in a multi-billion dollar market.

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Sector Analysis
6 days ago

Silver Nears $50 Peak Amid Historic Inventory Squeeze

Precious metal outpaces gold as shrinking stockpiles and soaring industrial demand fuel a powerful market rally.

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Mergers & Acquisitions
6 days ago

Huntington's $1.9B Veritex Takeover Gets Green Light From Federal Reserve

Final regulatory hurdle cleared for the all-stock transaction, paving the way for an October 20 closing and a major expansion into Texas.

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FDA & Biotech
6 days ago

Abivax Posts Positive Phase 3 Data for Ulcerative Colitis Drug

Late-breaking trial results for obefazimod show significant efficacy, positioning the first-in-class oral therapy in a competitive market.

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Market Analysis
6 days ago

Shutdown Enters 5th Day, Halting Key Economic Data Releases

The ongoing US government shutdown is delaying critical jobs and inflation reports, creating an information vacuum for investors and the Federal Reserve.

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Stocks
6 days ago

Tesla Stock Slides as Demand Fears Eclipse Record Deliveries

Shares fall despite strong Q3 sales, as expiring EV tax credits and valuation concerns spook investors.

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Sector Analysis
6 days ago

US Semiconductor Sector Eyes Windfall From Proposed Tax Overhaul

Proposed 'OBBBA' legislation would hike tax credits for new domestic chip plants to 35%, aiming to accelerate 'Made in America' initiatives.

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FDA & Biotech
6 days ago

FDA Greenlights New Lung Cancer Drug From Jazz and Roche

Combination therapy approval for small cell lung cancer offers a new standard of care and a bullish signal for the pharmaceutical sector.

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