ADVFN US – Market Content Editor

The U.S. Department of Energy (DOE) has reached a $1 billion agreement with Advanced Micro Devices (NASDAQ:AMD) to build two state-of-the-art supercomputers designed to accelerate nuclear research, fusion energy development, and cancer treatment, according to Reuters. Energy Secretary Chris Wright told Reuters the systems would “supercharge advances in nuclear power and fusion energy, technologies for…

Revolution Medicines Inc (NASDAQ:RVMD) shares gained 5.8% on Monday after the company announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to its investigational therapy daraxonrasib for the treatment of pancreatic cancer. The designation applies to the company’s RAS(ON) multi-selective inhibitor, which is currently being evaluated in a global Phase…

Claudia Sheinbaum, President of Mexico, said Monday that trade negotiations with the United States will continue for “a few more weeks” after a weekend phone conversation with Donald Trump. During her daily morning press briefing, Sheinbaum explained that she spoke with the U.S. president on Saturday to discuss unresolved trade matters between the two countries.…

American Water Works Company (NYSE:AWK) shares fell 3.2% on Monday after the utility giant unveiled plans for an all-stock merger with Essential Utilities (NYSE:WTRG), whose stock slipped 1% following the news. The two companies announced a tax-free merger that would form a leading regulated water and wastewater utility in the U.S., with a pro forma…

BridgeBio Pharma (NASDAQ:BBIO) shares surged 15% on Monday after the company announced highly positive Phase 3 results for its small-molecule therapy BBP-418, targeting limb-girdle muscular dystrophy type 2I/R9 (LGMD2I/R9). The company said that its FORTIFY Phase 3 trial met all primary and secondary interim analysis endpoints, with the treatment demonstrating a favorable safety profile. The…

ProPetro Holding Corp. (NYSE:PUMP) shares surged 19% on Monday after the company revealed that its PROPWR division has signed a long-term power supply agreement with a major hyperscale data center operator in the U.S. Midwest. Under the deal, ProPetro will deliver 60 megawatts of power using a hybrid system that integrates battery energy storage with…

Genenta Science SpA (NASDAQ:GNTA) shares sank 42% on Monday after the clinical-stage biotech company unveiled a new stock offering that will significantly dilute existing shareholders. The firm said it has signed a securities purchase agreement with institutional investors to sell 4,285,715 American Depositary Shares at $3.50 per ADS, aiming to raise roughly $15 million in…

GameStop Corp. (NYSE:GME) shares jumped 7.7% on Monday after the official The White House social media account reposted a tongue-in-cheek declaration from the video game retailer announcing the end of the “console wars.” The surge followed a flurry of viral interactions on X. It began when GameStop issued a statement proclaiming the “official cessation of…

Organon (NYSE:OGN) shares fell 18% on Monday after the company announced that CEO Kevin Ali has resigned following the results of an internal investigation into improper wholesaler sales practices involving its Nexplanon product. The board has appointed Joseph Morrissey, Executive Vice President and Head of Manufacturing & Supply, as interim CEO and launched a search…