Category: Latest News
-
Zenas BioPharma Shares Slide Despite Positive Phase 3 Data for Obexelimab
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…
-
Liberty Energy Shares Rise on Strategic Partnership to Power Data Centers
Liberty Energy Inc. (NYSE:LBRT) shares advanced 6% on Monday after the company unveiled a strategic partnership with Vantage Data Centers focused on developing and operating power solutions for data centers across North America. Under the agreement, Liberty Power Innovations (LPI), a subsidiary of Liberty Energy, plans to support up to one gigawatt of power capacity…
-
Mobileye Shares Jump After Landing Major U.S. Carmaker for ADAS Rollout
Mobileye (NASDAQ:MBLY) shares climbed 8% on Monday after the company revealed it has won a significant new customer in the United States for its EyeQ6H-powered advanced driver assistance systems (ADAS). Under the agreement, the unnamed U.S.-based automaker will deploy Mobileye’s Surround ADAS technology as standard across a broad lineup of both mass-market and premium vehicles.…
-
Mobix Labs Names New Defense General Manager, Moves Toward Expanded Military Facility
Mobix Labs (NASDAQ:MOBX), a provider of advanced connectivity technologies for defense, aerospace, 5G and other high-reliability applications, has named Amir Asvadi as General Manager of its EMI product line and defense manufacturing operations. Alongside the leadership change, the company announced plans to relocate into a larger, military-certified facility as it looks to expand operations and…
-
Five Key Themes to Watch in Markets This Week
A bold U.S. operation that resulted in the capture of Venezuela’s leader dominates attention at the start of the first full trading week of 2026. Markets are assessing the broader consequences of Washington’s move, which would see the United States temporarily overseeing the oil-rich Latin American nation. At the same time, investors are bracing for…
-
Novo Nordisk to Offer Wegovy Pill to U.S. Self-Pay Patients From $149 a Month
Novo Nordisk (NYSE:NVO) said on Monday it will begin selling its Wegovy weight-loss pill to self-pay patients in the United States from January 5, with monthly pricing starting at $149 for the 1.5 mg and 4 mg doses. According to information published on the company’s website, higher-strength versions of the pill—at 9 mg and 25…
-
L3Harris Close to Selling Majority Stake in Space Units to AE Industrial Partners
L3Harris Technologies (NYSE:LHX) is nearing completion of an agreement to divest a 60% interest in its space and propulsion businesses to private equity firm AE Industrial Partners, according to people familiar with the discussions. Sources said the transaction could be unveiled as soon as Monday, with AE Industrial Partners expected to pay more than $500…
-
QXO Shares Jump After Apollo-Led Consortium Commits Over $1 Billion
QXO (NYSE:QXO) shares rose sharply in premarket trading on Monday after reports that an investor consortium led by Apollo Global Management has agreed to inject more than $1 billion into the building products group. People familiar with the situation said the funding is intended to back QXO’s acquisition-led growth strategy. The Greenwich, Connecticut–based company has…
-
Argenx Announces CEO Transition as Founder Moves to Chair Role
Argenx (NASDAQ:ARGX) is set to implement a leadership change in May, a development that UBS Global Research believes should ensure a smooth continuation of the company’s strategy and operations. Founder and current chief executive Tim Van Hauwermeiren will step aside from the CEO role and assume the position of chairman of the board. Chief Operating…
-
Chevron and U.S. Refiners Jump After Trump Signals Shift on Venezuelan Oil
Shares of U.S. energy companies climbed sharply in premarket trading on Monday, as investors positioned for the possibility that President Donald Trump’s actions against Venezuela’s leadership could open the door for greater American involvement in the country holding the world’s largest oil reserves. Chevron (NYSE:CVX), currently the only U.S. oil major with operations in Venezuelan…