ADVFN US – Market Content Editor
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CytomX highlights clinical progress for lead cancer drug in Q4 update
CytomX Therapeutics Inc. (NASDAQ:CTMX) used its fourth-quarter 2025 earnings call to highlight progress in the clinical development of its lead drug candidate, Varseta-M, while outlining its broader strategy for future growth. Although the company did not disclose detailed financial results during the call, investors reacted positively to the update, sending the stock sharply higher in…
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Meiwu launches AI initiative to support functional skincare research
Meiwu Technology Company Limited (NASDAQ:WNW) said it is introducing a strategic initiative aimed at integrating artificial intelligence tools into its research processes to support the development of functional skincare products. The company said the program will focus on using AI-assisted data analysis to improve internal research coordination, evaluate product formulations and strengthen collaboration with external…
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Telos posts strong fourth-quarter growth, raises 2026 revenue and EBITDA outlook
Telos Corporation (NASDAQ:TLS) reported strong revenue growth in the fourth quarter of 2025, supported by expanding demand for its security solutions, though the company remained in a GAAP loss position. Revenue for the quarter reached $46.8 million, representing a 77% increase year over year, driven largely by a 105% surge in the Security Solutions segment…
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Marvell and Lumentum to showcase optical circuit switching for AI data centers at OFC 2026
Marvell Technology (NASDAQ:MRVL) and Lumentum Holdings (NASDAQ:LITE) said they will present a live demonstration of integrated optical networking technologies designed for next-generation artificial intelligence infrastructure at the OFC 2026 conference in Los Angeles. The demonstration will feature Marvell optical connectivity solutions working alongside Lumentum’s optical circuit switching (OCS) platform in a rack-level system. The joint…
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PTC Sells IoT Businesses and Plans Large Share Buyback
PTC (NASDAQ:PTC) announced that on March 16, 2026 it finalized the previously disclosed sale of its Kepware industrial connectivity unit and ThingWorx IoT platform to an affiliate of TPG in a cash transaction valued at $523 million. The divestiture is intended to help the company concentrate more closely on its Intelligent Product Lifecycle strategy. After…
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Acumen Secures Funding to Advance Enhanced Brain Delivery Program
Acumen Pharmaceuticals (NASDAQ:ABOS) announced that on March 13, 2026 it agreed to sell 10,833,331 common shares at a price of $3.30 each in a private placement with institutional accredited investors. The transaction is expected to generate gross proceeds of roughly $35.75 million, which the company plans to use to support development of its Enhanced Brain…
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Morgan Stanley’s Wilson says stock market correction may be nearing its end
The recent pullback in equities could be approaching its final phase, according to Morgan Stanley strategist Michael Wilson, who said the threshold “remains high for the oil spike to threaten the business/earnings cycle.” In a note released Monday, Wilson said that while some additional short-term downside remains possible, “we maintain our view that this correction…
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Peloton unveils Commercial Series fitness equipment for gyms
Peloton Interactive Inc. (NASDAQ:PTON) announced the launch of its Peloton Commercial Series, a new range of connected fitness equipment designed for high-traffic gym environments. The lineup includes a connected stationary bike and treadmill built specifically for commercial fitness facilities. The launch marks Peloton’s first products developed by its Commercial Business Unit, which was created in…
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SailPoint shares rise after announcing strategic AWS partnership
Shares of SailPoint (NASDAQ:SAIL) climbed 4.7% on Monday after the company revealed a multi-year strategic collaboration agreement with Amazon Web Services. Through the partnership, SailPoint will serve as a preferred identity governance provider for agentic AI applications built on AWS. The companies plan to create a unified governance framework designed to manage both human and…
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3M boosts optical interconnect production to support AI data center demand
3M Company (NYSE:MMM) said it plans to expand U.S. manufacturing capacity for its Expanded Beam Optical (EBO) interconnect technology as demand rises from artificial intelligence data centers. The expansion is expected to more than double current production capacity and will involve installing additional manufacturing equipment and increasing available production space. The EBO technology is designed…