Category: Latest News
-
Stock Market Today: S&P 500 Edges Higher as Trump Signals Openness to Tariff Deals
The S&P 500 closed slightly higher on Monday after President Donald Trump signaled he was open to negotiating trade agreements, including with key partners like the European Union. The comments boosted investor confidence that a global trade war could still be avoided. By 4:00 p.m. ET, the Dow Jones Industrial Average had gained 88 points,…
-
U.S. Stocks Little Changed Despite Trump’s New Tariff Threats
Stocks showed a lack of direction over the course of the trading session on Monday, with the major averages bouncing back and forth across the unchanged line following the modest pullback seen during last Friday’s session. By the close of trading, the major averages were narrowly mixed. The choppy trading on Wall Street came despite…
-
BlackRock Stock Hits All-Time High at $1,106.71
BlackRock Inc (NYSE:BLK) reached a record high of $1,106.71, marking a 34.15% gain over the past year. The asset management giant’s strong performance is supported by robust revenue growth of 14.23% and a solid dividend yield of 1.89%. With a market capitalization of $171.18 billion and a P/E ratio of 26.61, BlackRock continues to attract…
-
Takeda Stock Gains 3.5% After Positive Phase 3 Results for Narcolepsy Drug
Takeda Pharmaceutical Co Ltd ADR (NYSE:TAK) shares rose 3.5% following the announcement of encouraging Phase 3 trial results for its investigational narcolepsy treatment, oveporexton. The Japanese pharma giant reported that oveporexton, a potential first-in-class oral orexin receptor 2 agonist, met all primary and secondary endpoints in two Phase 3 studies—FirstLight and RadiantLight—showing statistically significant symptom…
-
Planet Fitness Stock Hits Record High at $110.95 Amid Strong Growth
Planet Fitness Inc. (NYSE:PLNT) shares surged to an all-time high of $110.95, reflecting a significant milestone for the fitness chain. The company’s market capitalization stands at approximately $9.25 billion, supported by robust gross profit margins nearing 60%. Over the past year, the stock has gained over 44%, driven by growing membership numbers and strategic expansion…
-
Wendy’s Stock Hits 52-Week Low Amid Industry Headwinds and Leadership Changes
Wendy’s Co. (NASDAQ:WEN) shares fell to a 52-week low of $10.93, down more than 30% from last year’s high of $20.60, marking a steep decline for the fast-food chain. This drop reflects both sector-wide pressures and company-specific challenges. Despite the stock’s slump, Wendy’s fundamentals remain solid, with a price-to-earnings ratio of 11.7 and a dividend…
-
BiomX Shares Surge 60% Following Start of Phase 2b Trial for Cystic Fibrosis Treatment
BiomX Inc. (AMEX:PHGE) saw its stock jump 60% after announcing the commencement of patient dosing in its Phase 2b clinical trial evaluating BX004 for cystic fibrosis patients suffering from chronic Pseudomonas aeruginosa infections. This randomized, double-blind, placebo-controlled study will enroll around 60 cystic fibrosis patients, who will receive either BX004 or a placebo via inhalation…
-
SEALSQ Shares Decline Following $60 Million Equity Offering Announcement
SEALSQ Corp (NASDAQ:LAES) saw its stock drop 7.2% after revealing plans for a $60 million equity raise that could lead to notable dilution for current shareholders. The company, specializing in semiconductors and post-quantum technology, disclosed it has signed a securities purchase agreement with institutional investors to sell 15 million ordinary shares bundled with warrants to…
-
Eco Wave Power Shares Climb Following Completion of Floaters for Los Angeles Project
Eco Wave Power Global AB (NASDAQ:WAVE) saw its stock rise by 3% after the company announced it has finished manufacturing all floaters for its inaugural wave energy project in the U.S., located at the Port of Los Angeles. This milestone is a key step forward as Eco Wave Power gears up to launch the nation’s…
-
Unusual Machines Shares Drop Sharply Following $48.5 Million Discounted Offering
Unusual Machines, Inc. (AMEX:UMAC) saw its stock price tumble 18% on Monday after announcing a registered direct offering valued at $48.5 million, priced well below its recent market closing value. The deal involves selling 5 million common shares (or pre-funded warrants) at $9.70 each, a notable discount compared to Friday’s closing price of $12.12. This…