Category: Latest News
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PDS Biotechnology Shares Climb Following Trial Expansion Milestone
Shares of PDS Biotechnology Corp (NASDAQ:PDSB) increased 3.8% after the company revealed its clinical trial for metastatic colorectal cancer has met key benchmarks, allowing progression to Stage 2. The late-stage immunotherapy developer confirmed that Stage 1 patient enrollment is complete for the trial testing the PDS01ADC therapy administered alongside floxuridine. Conducted by the National Cancer…
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Cognition Therapeutics Shares Jump 75% After FDA Discussion on Alzheimer’s Treatment
Cognition Therapeutics Inc. (NASDAQ:CGTX) saw its stock climb sharply by 75% following a productive end-of-Phase 2 meeting with the U.S. Food and Drug Administration (FDA) concerning its Alzheimer’s drug candidate. On July 9, the clinical-stage biotech company engaged with FDA representatives to review the outcomes of its Phase 2 trial for zervimesine (CT1812) and to…
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Tonix Pharmaceuticals Shares Climb on Encouraging TNX-801 Vaccine Results
Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) saw its stock rise 2% after unveiling new preclinical findings for its TNX-801 vaccine candidate at the 2025 Vaccine Congress in Vienna. The biopharma company highlighted that its recombinant horsepox-based vaccine demonstrates promising potential to provide long-lasting immunity while being significantly more attenuated than earlier orthopoxvirus vaccines. Notably, the data…
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AXT Shares Drop Following Reduced Q2 Revenue Outlook Amid Export Issues
AXT, Inc. (NASDAQ:AXTI) stock declined 11.4% after the compound semiconductor substrates maker revised down its revenue forecast for the second quarter, citing slower issuance of export permits and softer demand from China. The company now anticipates preliminary Q2 2025 revenue between $17.5 million and $18 million, lower than its earlier guidance of $20 million to…
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Byrna Technologies Shares Climb on Strong Q2 Results
Byrna Technologies Inc. (NASDAQ:BYRN) outperformed expectations in its second-quarter earnings report released Wednesday, driven by robust demand for its newly launched compact launcher and an expanded retail footprint. Following the news, shares increased by 2%. The personal defense technology firm posted adjusted earnings of $0.10 per share for the quarter ending May 31, 2025, surpassing…
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K Wave Media Shares Surge Following $500 Million Bitcoin Funding Deal
K Wave Media Inc. (NASDAQ:KWM) saw its stock price jump up to 60% following the announcement of a convertible note deal with Anson Funds that will provide up to $500 million in financing, dedicating at least 80% of the net proceeds toward Bitcoin acquisitions. The agreement includes an initial tranche of $15 million in senior…
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U.S. Stocks Edge Lower Amid Uncertainty Over Trump Tariffs
U.S. stocks slipped slightly on Thursday, giving back some of the strong gains from the previous session as investors weighed new tariff announcements from former President Donald Trump and fresh labor market data. As of 09:35 ET, Dow Jones futures dropped 80 points (0.2%), S&P 500 futures fell 4 points (0.1%), and Nasdaq 100 futures…
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Dow Jones, S&P, Nasdaq Futures Signal Flat Start as Trade Concerns Linger
Futures for the major U.S. stock indexes are pointing toward a mostly unchanged open on Thursday, suggesting a pause after gains in the previous session. Uncertainty surrounding President Donald Trump’s trade policy stance continues to weigh on investor sentiment, keeping some traders cautious amid ongoing threats of tariff hikes across various industries and countries. “Trump…
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U.S. First-Time Unemployment Claims Unexpectedly Decline
Initial applications for U.S. unemployment benefits saw a surprising slight drop during the week ending July 5, according to Thursday’s Labor Department report. The data revealed that first-time claims fell to 227,000, down 5,000 from the prior week’s revised figure of 232,000. This decline came against economist expectations, who had predicted claims would rise to…
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Trinity Capital Posts Robust $519 Million in New Commitments for Q2
Trinity Capital Inc (NASDAQ:TRIN) shared an encouraging portfolio update for the first half and second quarter of 2025, reporting new commitments totaling $519 million in Q2 and $705 million for the six-month period. During the second quarter, the firm deployed roughly $365 million across various investments, including $296 million in secured loans, $68 million in…