Category: Latest News
-
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.…
-
Novavax shares gain after Matrix-M adjuvant licensing deal with Pfizer
Novavax (NASDAQ:NVAX) shares climbed about 5% on Tuesday after the biotech group disclosed a non-exclusive licensing agreement with Pfizer (NYSE:PFE) covering its Matrix-M adjuvant technology. Under the terms of the agreement, Pfizer will be able to deploy Novavax’s Matrix-M adjuvant across as many as two disease areas within its own product portfolio. Novavax will receive…
-
ServiceNow shares climb after report of multi-year AI partnership with OpenAI
ServiceNow (NYSE:NOW) shares rose more than 2% in premarket trading on Tuesday after The Wall Street Journal reported that the company has entered into a three-year agreement with OpenAI to integrate the ChatGPT developer’s AI models directly into ServiceNow’s business software. According to the report, the deal will let ServiceNow customers deploy OpenAI models across…
-
Workday commits CAD $1 billion to Canada in five-year expansion plan
Workday Inc. (NASDAQ:WDAY) said it will invest CAD $1 billion in Canada over the next five years, outlining plans to expand its local footprint through talent development, enhanced customer support and community-focused initiatives. The enterprise software group said Canada is already one of its largest global markets, with more than 1,100 employees supporting over 500…
-
Acadia Healthcare appoints Debbie Osteen as CEO, confirms 2025 outlook
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) said it has named Debra K. Osteen as chief executive officer with immediate effect. Osteen, who previously led the company and served on its board, replaces Chris Hunter, who is stepping down from both management and the board. Osteen was Acadia’s CEO from December 2018 until March 2022 and continued…
-
Oil ticks up on upbeat China growth figures, Greenland dispute caps upside
Oil prices moved modestly higher on Tuesday, supported by stronger-than-anticipated economic data from China, although advances were restrained as markets remained cautious following renewed trade tariff threats from the Trump administration toward several European countries linked to the Greenland dispute. At 08:05 ET (13:05 GMT), Brent crude futures for March delivery were up 0.8% at…
-
Fresh Trade War Fears Signal Weak Start for Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are indicating a steep drop at the open on Tuesday, suggesting equities could face renewed selling pressure as markets reopen after the long holiday weekend. Investor sentiment has been unsettled by revived worries over a potential trade conflict between the United States and Europe, linked to President Donald Trump’s push to…
-
Corvus Pharmaceuticals Shares Jump on Encouraging Atopic Dermatitis Trial Results
Corvus Pharmaceuticals (NASDAQ:CRVS) shares surged 48% on Tuesday after the company released positive findings from a Phase 1 clinical study of its oral drug candidate soquelitinib in atopic dermatitis. The clinical-stage biotech said cohort 4 of its randomized, double-blind, placebo-controlled trial delivered safety and efficacy outcomes that were consistent with — and in some cases…
-
Fastenal Shares Slide After Q4 Revenue Comes in Below Forecasts
Fastenal Company (NASDAQ:FAST) said on Tuesday that its fourth-quarter earnings met market expectations, but revenue fell just short of forecasts, sending the stock lower. Shares in the industrial and construction supplies distributor dropped 4.21% in pre-market trading following the results. Fastenal reported earnings of $0.26 per share for the quarter ended December 31, 2025, in…