Category: Latest News

Shares of Soleno Therapeutics Inc. (NASDAQ:SLNO) declined 3.7% after the company priced its previously announced public offering at $85.00 per share. The offering includes 2,352,941 common shares, with an option for underwriters to purchase an additional 352,941 shares within 30 days. Gross proceeds from the offering are expected to total around $200 million before accounting…

Hilton Worldwide Holdings Inc. (NYSE:HLT) achieved a new all-time stock high at $275.54, marking a notable milestone for the hospitality giant. According to InvestingPro, the stock currently trades above its Fair Value, with analyst price targets ranging from $218 to $306. Over the past 12 months, Hilton’s shares have gained 26.27%, reflecting growing investor confidence…

Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) climbed to an all-time peak of $337.50, reflecting robust growth and investor confidence. Trading at a P/E ratio of 26.9, the company generated $16.8 billion in revenue over the past twelve months. Over the last year, Royal Caribbean’s stock has more than doubled, rising 104.42%, supported by a…

General Mills (NYSE:GIS) shares slid to a 52-week low of $50.13, underscoring the hurdles the company has encountered over the past year. The stock currently trades with a P/E ratio of 12.4 and offers a dividend yield of 4.8%, maintaining a remarkable streak of 55 consecutive years of dividend payments. Despite this, the share price…

AutoNation Inc. (NYSE:AN) reached a new all-time high, with shares hitting $214.09, highlighting the company’s solid market performance. Over the past year, the stock has delivered a notable 32.73% return, supported by a market cap of $8.04 billion and a price-to-earnings ratio of 12.4x. The automotive retailer’s upward trajectory reflects robust consumer demand and successful…

ZenaTech Inc. (NASDAQ:ZENA) saw its stock climb 3.9% following the announcement of a successful development of a quantum computing prototype designed to boost its AI drone technology. The company introduced a new system that enables rapid processing and analysis of extensive datasets collected by AI drone sensors in real-time. The prototype was trialed with weather…

Painreform Ltd (NASDAQ:PRFX) shares declined 11% following the company’s announcement of a strategic investment deal with LayerBio Inc., a private biotech firm based in Boston. Under the terms, Painreform will acquire a majority equity interest in LayerBio along with a controlling position on its board, in exchange for up to $3 million in funding tied…

BIT Mining Limited (NYSE:BTCM) shares surged by 160% following the company’s announcement of a major strategic pivot to expand its presence within the Solana blockchain network. The firm outlined plans to establish a significant SOL token treasury, aiming to raise between $200 million and $300 million in stages, contingent on market conditions, to bolster its…

XCF Global Inc (NASDAQ:SAFX) saw its stock price soar by 130% following the company’s announcement of a nearly $1 billion investment to establish a network of Synthetic Aviation Fuel (SAF) production facilities both in the U.S. and abroad. This major funding will boost XCF’s output capacity to around 160 million gallons annually by the end…

Shares of Allurion Technologies Inc (NYSE:ALUR) climbed 2.9% after the company announced a strategic distribution partnership with Canadian medical device firm Minogue Medical Inc., which specializes in bariatric and obesity treatment solutions. This collaboration taps into Minogue Medical’s four decades of experience in the Canadian healthcare market and its broad network of dietitians, bariatric surgeons,…