Category: Latest News
-
USA Rare Earth shares edge up on plans for French rare earth metals facility
USA Rare Earth Inc. (NASDAQ:USAR) shares gained about 2% in premarket trading on Tuesday after the company unveiled plans to build a rare earth metals and alloys plant in France, backed by French government support. The Oklahoma-based group said the project will involve a 3,750-metric-ton-per-year production facility in Lacq, to be developed via its subsidiary…
-
Black Titan shares jump after $200 million convertible financing secured
Black Titan Corporation (NASDAQ:BTTC) shares surged 74.1% in premarket trading on Tuesday after the company said it has lined up a convertible note financing facility of up to $200 million from a U.S.-based institutional investor. The company said the funding will support the rollout of its DAT+ strategy, which it first outlined in December 2024.…
-
Valneva shares slide after U.S. pullback on chikungunya vaccine filing
Valneva SE ADR (NASDAQ:VALN) shares dropped 6.6% in premarket trading on Tuesday after the vaccine maker said it has voluntarily withdrawn both its biologics license application and Investigational New Drug application for its chikungunya vaccine, IXCHIQ®, in the United States. The decision follows the U.S. Food and Drug Administration’s suspension of the vaccine’s license in…
-
BioVaxys posts encouraging ovarian cancer data from MVP-S combo trial
BioVaxys Technology Corp. (CSE:BIOV) (USOTC:BVAXF) said it has reported positive early results from its Phase 1B/2 PESCO clinical study evaluating its cancer vaccine MVP-S in combination with pembrolizumab (Keytruda™) and low-dose cyclophosphamide in patients with recurrent epithelial ovarian cancer. The open-label, investigator-initiated trial assessed safety, dosing and early signs of efficacy in patients with relapsed…
-
AlphaTON shares surge after Midnight Foundation partnership brings privacy tech to Telegram
AlphaTON Capital Corp (NASDAQ:ATON) shares jumped nearly 26% in premarket trading on Tuesday after the company unveiled a strategic agreement with the Midnight Foundation to bring privacy-focused blockchain capabilities to the TON ecosystem. The partnership names AlphaTON as one of ten founding Federated Node Architecture Providers for the Midnight network, a privacy-enhancing blockchain initiative founded…
-
ImmunityBio shares jump after constructive FDA talks on bladder cancer therapy
ImmunityBio Inc. (NASDAQ:IBRX) shares climbed nearly 20% in premarket trading on Tuesday after the company said it held positive discussions with the U.S. Food and Drug Administration regarding its supplemental Biologics License Application for ANKTIVA in bladder cancer patients with papillary tumors. The clinical-stage immunotherapy group said the FDA advised it to submit additional information…
-
Bristol Myers teams up with Microsoft to advance AI-based lung cancer screening
Bristol Myers Squibb (NYSE:BMY) said on Tuesday that it has entered into a partnership with Microsoft (NASDAQ:MSFT) to leverage the technology group’s artificial intelligence–powered radiology platform to accelerate the early detection of lung cancer. Under the agreement, U.S. Food and Drug Administration–cleared radiology AI algorithms will be rolled out via Microsoft’s Precision Imaging Network. The…
-
Netflix shares edge higher after Warner Bros. deal switches to all-cash
Netflix (NASDAQ:NFLX) shares rose 0.7% on Tuesday morning, bucking broader weakness in the Nasdaq 100, which slid 1.8%, after the streaming group and Warner Bros. Discovery (NASDAQ:WBD) revised their merger agreement to an all-cash structure. The updated terms keep the previously agreed valuation of $27.75 per WBD share but remove the equity component, giving Warner…
-
Stardust Power shares jump after final approval clears path for lithium refinery
Stardust Power Inc. (NASDAQ:SDST) shares surged about 40% on Tuesday after the company said it has obtained the last major permit needed to move forward with building and commissioning its lithium refinery in Muskogee, Oklahoma. The U.S.-based producer of battery-grade lithium carbonate said it received an air quality construction permit from the Oklahoma Department of…
-
Simply Good Foods appoints Joe Scalzo as president and CEO
Simply Good Foods Company (NASDAQ:SMPL) said it has named Joe Scalzo as president and chief executive officer with immediate effect. Scalzo returns to the helm of the nutritional snacking group after previously serving as CEO until July 2023 and later as executive vice chairman through August 2024. He replaces Geoff Tanner in the top role.…