Category: Latest News
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Design Therapeutics Shares Jump on Encouraging Friedreich Ataxia Trial Results (DSGN)
Stock Surges Following Positive Clinical Update Shares of Design Therapeutics (NASDAQ:DSGN) climbed 27% on Monday after the company released favorable four-week data from its RESTORE-FA clinical trial evaluating DT-216P2 in patients with Friedreich ataxia. The biotechnology company said the treatment produced dose-dependent improvements across several clinical measurements while also increasing endogenous frataxin mRNA and protein…
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Hims & Hers Shares Slide After Convertible Notes Offering Announcement (HIMS)
Stock Drops Following Financing Plan Shares of Hims & Hers Health (NYSE:HIMS) fell 7% on Monday after the company revealed plans to issue $300 million of convertible senior notes due in 2032 to qualified institutional investors. Company Targets Expansion and Infrastructure Investment Hims & Hers said the proceeds from the offering are intended to maintain…
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Lululemon Calls on Shareholders to Back Board Nominees in Proxy Battle (LULU)
Company Urges Investors to Support Existing Board Slate Lululemon Athletica (NASDAQ:LULU) has filed definitive proxy documents with the Securities and Exchange Commission ahead of its annual shareholder meeting scheduled for June 25, 2026, urging investors to support the company’s three board nominees amid an ongoing proxy contest with founder Dennis “Chip” Wilson. The company is…
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Duos Technologies Shares Slip After Q1 Revenue Miss Despite AI Infrastructure Expansion (DUOT)
Duos Technologies Group (NASDAQ:DUOT) shares declined 2.23% in premarket trading on Monday after the company posted first-quarter results that came in below analyst expectations, with revenue falling sharply year-over-year as it continues shifting toward AI-focused data center infrastructure operations. Revenue Falls Sharply in First Quarter The company reported a quarterly loss of -$0.15 per share…
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Gold Prices Fluctuate as Rising Bond Yields and Iran Conflict Pressure Markets
Gold prices traded unevenly on Monday as investors monitored ongoing weakness in global bond markets fueled by concerns about accelerating inflation and higher interest rates. Gold Slips After Earlier Recovery Attempt By 07:24 ET (11:24 GMT), spot gold was down 0.1% at $4,536.03 per ounce, while gold futures declined 0.5% to $4,539.59 per ounce. Earlier…
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U.S. Stocks Poised for Additional Weakness Following Friday Sell-Off: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed modestly lower on Monday morning, suggesting equities could extend losses after the sharp decline recorded during Friday’s session. Middle East Tensions Continue to Pressure Sentiment Investor sentiment remained fragile amid ongoing concerns surrounding the conflict in the Middle East, after President Donald Trump warned Iran that the “clock is ticking.” In…
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LiveRamp jumps after earnings beat and $2.5 billion Publicis takeover deal (RAMP)
LiveRamp Holdings Inc. (NYSE:RAMP) shares surged more than 26% in premarket trading on Monday after the company reported stronger-than-expected fourth-quarter results and announced a definitive agreement to be acquired by Publicis Groupe for $2.5 billion. Quarterly earnings and revenue exceed expectations The data collaboration technology company posted adjusted earnings of $0.52 per share for the…
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GoPro wins major patent dispute after court throws out claims and damages award (GPRO)
GoPro Inc. (NASDAQ:GPRO) secured a legal victory in a patent infringement case after a U.S. federal court invalidated all asserted patent claims and overturned an $8.2 million damages award previously granted against the company. Court rules remaining patent claim invalid According to a company filing, the U.S. District Court for the Northern District of California…
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Phillips 66 unveils new gas processing and fractionation projects in Texas (PSX)
Phillips 66 (NYSE:PSX) announced plans to develop two new midstream infrastructure projects, including the Zeus Gas Plant and a third Coastal Bend Fractionator, with both facilities expected to begin operations in 2028. New Permian gas plant to expand processing capacity The Zeus project will consist of a natural gas processing facility capable of handling 300…
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Ford Energy lands five-year battery storage supply agreement with EDF (F)
Ford Energy, a subsidiary of Ford Motor Company (NYSE:F), has entered into a five-year framework agreement with EDF power solutions North America to provide up to 20 gigawatt hours of battery energy storage systems. Agreement supports large-scale U.S. energy storage projects Under the terms of the agreement, EDF power solutions will have the option to…