Mergers & Acquisitions
1 hour ago

Axcelis Shares Fall 3.4% on $4.4B Veeco Merger Announcement

All-stock deal raises shareholder dilution concerns despite strategic goal of creating a diversified semiconductor equipment leader.

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Sector Analysis
2 hours ago

California Rocks Gig Economy with Driver Unionization Law

Landmark bill grants Uber and Lyft drivers collective bargaining rights, signaling a potential shift in the gig work model.

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FDA & Biotech
3 hours ago

Roche's Tecentriq Combo Wins Key FDA Nod for Lung Cancer

First-of-its-kind maintenance therapy approved for extensive-stage small cell lung cancer, a historically difficult-to-treat malignancy.

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Stocks
3 hours ago

Tesla Stock Dips Amid Investor Backlash to Musk's $1T Pay Plan

A coalition of influential investors is urging shareholders to reject the CEO's new compensation package, citing major governance concerns.

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Stocks
6 hours ago

Plug Power Stock Soars 34% on Analyst Upgrade, Europe Project News

H.C. Wainwright more than doubles its price target to $7 as the company delivers its first electrolyzer to a major green hydrogen facility in Portugal.

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FDA & Biotech
6 hours ago

Alto Neuroscience Stock Jumps on FDA Fast Track for Schizophrenia Drug

The designation for ALTO-101 targets cognitive impairment, a debilitating aspect of schizophrenia with no currently approved treatments.

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FDA & Biotech
9 hours ago

Corcept Shares Jump 5% as FDA Accepts Drug Application

The U.S. Food and Drug Administration has accepted for review the company's New Drug Application for Relacorilant, a treatment for Cushing's syndrome.

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FDA & Biotech
13 hours ago

Biotech Sector Jumps on Trio of Favorable FDA Rulings

Key approvals for Regeneron, Corcept, and a Fast Track designation for Alto Neuroscience signal a positive regulatory environment.

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