ADVFN US – Market Content Editor
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Butterfly Network Shares Jump as Midjourney Unveils Imaging Platform Built on Ultrasound-on-Chip Technology (BFLY)
Butterfly Network (NYSE:BFLY) shares climbed 17% on Thursday after Midjourney revealed a new medical imaging platform powered by Butterfly’s Ultrasound-on-Chip technology, highlighting a potentially significant new commercial application for the company’s semiconductor-based ultrasound platform. The announcement came during a launch event in San Francisco, where Midjourney introduced its new healthcare division, Midjourney Medical, alongside a…
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Moderna Extends Rally as FDA Advisory Panel Reviews Flu Vaccine Application (MRNA)
Moderna (NASDAQ:MRNA) shares moved higher on Thursday, building on the previous session’s strong gains as investors focused on a key review of the company’s influenza vaccine by a U.S. Food and Drug Administration advisory committee. The stock advanced 3% after surging 11.5% on Wednesday, with market attention centred on the regulatory outlook for the company’s…
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Spero Shares Jump After FDA Clears First Oral Carbapenem Antibiotic for U.S. Market (SPRO)
Spero Therapeutics (NASDAQ:SPRO) shares climbed 16% on Thursday after the U.S. Food and Drug Administration approved Utebzi, a novel oral carbapenem antibiotic developed through a collaboration between GSK (NYSE:GSK) and Spero, for the treatment of complicated urinary tract infections (cUTIs), including pyelonephritis, in adults with limited or no suitable oral treatment alternatives. Landmark Approval Opens…
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US Jobless Claims Ease Slightly as Labour Market Remains Stable
U.S. unemployment benefit applications edged lower last week, pointing to continued resilience in the labour market despite signs of a gradual cooling in hiring conditions. According to data released by the Labor Department on Thursday, initial jobless claims fell by 4,000 to 226,000 in the week ended June 13, compared with a revised 230,000 in…
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Wall Street Set for Rebound as Iran Peace Accord Lifts Sentiment: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed higher on Thursday, indicating a stronger start for Wall Street after equities sold off sharply following the Federal Reserve’s latest policy decision. Investor sentiment improved after the United States and Iran formally signed a preliminary agreement aimed at ending the conflict in the Middle East, easing concerns over energy supplies and…
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Terra Innovatum Targets Higher SOLO Reactor Output Through New Efficiency Program
Terra Innovatum Global N.V. (NASDAQ:NKLR) has launched a new initiative aimed at increasing the power output and efficiency of its SOLO™ Micro Modular Reactor platform, as the company seeks to enhance the economics of future clean energy deployments across industrial, distributed and off-grid markets. The program focuses on optimizing the reactor’s power conversion architecture, with…
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Pfizer Shares Slip Following CFO Transition Announcement
Pfizer Inc. (NYSE:PFE) shares edged lower on Thursday after the pharmaceutical giant revealed that Chief Financial Officer Dave Denton will step down from his position and leave the company in August. The stock fell 1.7% after investors digested the leadership change, which comes as Pfizer continues to navigate a period of strategic transformation and integration…
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FreeCast Soars After Securing Starlink Business Reseller Partnership
FreeCast Inc. (NASDAQ:CAST) shares skyrocketed 170% on Thursday after the company announced a reseller agreement that will allow it to offer Starlink Business satellite broadband services alongside its existing media and technology platform solutions. The deal significantly expands FreeCast’s addressable market by combining high-speed connectivity with digital content, advertising and streaming services under a single…
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Novocure Shares Slide After Phase 3 Glioblastoma Study Falls Short of Survival Goal
Novocure (NASDAQ:NVCR) shares dropped 10% after the company reported that its Phase 3 TRIDENT trial failed to achieve its primary objective of demonstrating a statistically significant improvement in overall survival for patients with newly diagnosed glioblastoma. The results disappointed investors who had been looking for evidence that earlier use of the company’s Tumor Treating Fields…
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Oklo and Centrus Advance Ohio Nuclear Project With Fuel Supply Agreement (OKLO)
Oklo Inc. (NYSE:OKLO) and Centrus Energy Corp. (AMEX:LEU) have taken a significant step toward supporting next-generation nuclear energy deployment in Ohio after signing a Letter of Intent covering the supply of high-assay low-enriched uranium (HALEU) for Oklo’s planned Aurora reactors. The agreement strengthens the fuel supply chain for advanced nuclear technology while supporting broader efforts…