Category: Latest News

Momentus Inc. (NASDAQ:MNTS) shares jumped 44.1% in premarket trading on Monday after the company disclosed progress on a newly developed 3D-printed fuel tank created in partnership with Velo3D. The U.S.-based commercial space company said the additively manufactured tank is slated for flight testing on its upcoming Vigoride-7 Orbital Service Vehicle mission. The component was produced…

Skye Bioscience Inc. (NASDAQ:SKYE) shares gained 5.3% in premarket trading on Monday after the company revealed a collaboration with Halozyme Therapeutics (NASDAQ:HALO) to develop a subcutaneous version of its obesity drug candidate, nimacimab. The non-exclusive, worldwide collaboration and licensing agreement, signed in December 2025, gives Skye access to Halozyme’s ENHANZE drug delivery technology. The partnership…

Okta Inc. (NASDAQ:OKTA) shares rose 1.8% in premarket trading on Monday after the identity security specialist announced the launch of a $1 billion share repurchase program. The authorization, which takes effect immediately, signals management’s confidence in Okta’s outlook and its view that the company’s stock does not fully reflect underlying value, according to a statement.…

RedHill Biopharma Ltd. (NASDAQ:RDHL) shares climbed 16.5% in premarket trading on Monday after the company reported advances in the development of RHB-102 (Bekinda), a therapy aimed at addressing gastrointestinal side effects linked to widely used GLP-1/GIP weight-loss and diabetes drugs. The specialty biopharmaceutical group is progressing RHB-102—a once-daily oral formulation of ondansetron—through the U.S. Food…

Bed Bath & Beyond Inc. (NYSE:BBBY) said that Marcus Lemonis has been appointed Chief Executive Officer, adding the role to his existing position as Executive Chairman of the Board. The Murray, Utah–based company highlighted a marked improvement in its financial performance during the third quarter of 2025. Net losses narrowed by more than 90% year…

Arbe Robotics Ltd. (NASDAQ:ARBE) shares jumped 20.8% in premarket trading on Monday after the company unveiled a new radar platform that integrates its proprietary technology with computing solutions from NVIDIA (NASDAQ:NVDA). The Israel-based provider of perception radar systems said it will present the automotive-grade platform at CES 2026, highlighting its readiness to be incorporated into…

Ambarella Inc. (NASDAQ:AMBA) shares rose 2.5% in premarket trading on Monday after the company introduced its new CV7 edge AI vision system-on-chip at the CES technology show. The newly unveiled semiconductor targets advanced AI perception workloads across a range of applications, including consumer electronics, security cameras, robotics and automotive systems. Ambarella said the CV7 is…

Datavault AI Inc. (NASDAQ:DVLT) shares jumped 25.6% in premarket trading on Monday after the company unveiled plans for a nationwide rollout of SanQtum infrastructure through a partnership with AP Global Holdings LLC. The AI-focused data valuation group said it has signed a Master Purchase Order Agreement with AP Global Holdings, which operates under the name…

Altimmune (NASDAQ:ALT) shares jumped 14% on Monday after the company said its liver disease candidate pemvidutide had been granted Breakthrough Therapy Designation by the U.S. Food and Drug Administration for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). The designation, designed to speed the development and regulatory review of therapies that may offer meaningful advantages over…

Zenas BioPharma (NASDAQ:ZBIO) shares plunged about 50% after the company released results from its Phase 3 INDIGO study evaluating obexelimab in Immunoglobulin G4-Related Disease (IgG4-RD). The company said obexelimab achieved its primary endpoint, cutting the risk of IgG4-RD flares by 56% versus placebo over the 52-week randomized, placebo-controlled period. The treatment also delivered statistically significant…