Category: Latest News

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,…

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…

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…

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…

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…

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…

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…