FDA & Biotech
1 hour 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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Mergers & Acquisitions
2 hours 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
2 hours 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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Stocks
5 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
6 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
6 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
8 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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Stocks
9 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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