FDA & Biotech
27 minutes 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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Sector Analysis
3 hours 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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Stocks
3 hours 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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FDA & Biotech
4 hours 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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Stocks
4 hours ago

Sempra Energy Affirms Guidance, Signals Stable Growth Outlook

The utility giant reaffirmed its adjusted EPS targets for 2025 and 2026, reinforcing a long-term earnings growth strategy of 7% to 9% through 2029.

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Mergers & Acquisitions
6 hours 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
7 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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Stocks
7 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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