Category: Latest News

ImmunityBio Inc. (NASDAQ:IBRX) shares dropped 15% on Tuesday after the U.S. Food and Drug Administration issued a warning letter citing misleading promotional materials related to the company’s bladder cancer therapy, ANKTIVA. The FDA’s Office of Prescription Drug Promotion said a television advertisement and a podcast featuring company executives included inaccurate claims regarding the drug’s effectiveness…

Amazon Web Services (NASDAQ:AMZN) is building new artificial intelligence technology aimed at automating tasks across its sales and business development teams, according to a report from The Information. The report, which cited two people familiar with the project, said AWS is developing an AI agent designed to help sales staff quickly respond to technical questions…

Shares of Apollo Global Management (NYSE:APO) dropped more than 3% in premarket trading on Tuesday as renewed worries about the health of the $2 trillion private credit market weighed on investor sentiment. The firm recently moved to limit investor withdrawals from one of its funds. Apollo’s stock has declined about 23.9% since the start of…

Ares Management (NYSE:ARES) shares declined 4% on Tuesday after the Financial Times reported that the firm had restricted withdrawals from its $10.7 billion Ares Strategic Income Fund. The investment manager, which oversees about $623 billion in assets, imposed a 5% redemption cap on the private credit fund. The limit is part of the fund’s structure…

Alibaba (NYSE:BABA) has introduced a next-generation artificial intelligence processor, the XuanTie C950, built using 5-nanometer technology and based on the open-source RISC-V chip architecture. The company said the new chip delivers more than three times the performance of its predecessor and is designed to natively support large AI models, including Qwen3 and DeepSeek V3. Morgan…

Sanara MedTech Inc. (NASDAQ:SMTI) reported fourth-quarter results on Tuesday that came in below analyst expectations while reaffirming its revenue outlook for 2026. Despite the miss, the company’s shares climbed 3.44% in after-hours trading following the announcement. The medical technology company posted a quarterly loss of -$0.19 per share, missing the analyst consensus estimate of $0.33…

Core & Main, Inc. (NYSE:CNM) shares declined in premarket trading on Tuesday after the company released its fourth-quarter earnings results. The specialty infrastructure distributor reported adjusted earnings per share of $0.52, surpassing analyst expectations of $0.33. However, quarterly revenue totaled $1.58 billion, slightly below the $1.59 billion consensus estimate. The stock fell 6.2% following the…

FedEx Corp. (NYSE:FDX) announced the rollout of FedEx SameDay Local, a delivery service designed to offer customers two-hour and end-of-day delivery options. The service is being launched in partnership with OneRail, a last-mile logistics provider, which connects FedEx customers to a network of more than 1,000 delivery partners. At checkout, customers can choose their preferred…

Hyperion DeFi Inc. (NASDAQ:HYPD) announced on March 24 that it has signed a HYPE Asset Use Service agreement with Silhouette, a trading platform built on the Hyperliquid blockchain. Through the partnership, Hyperion DeFi will supply staked HYPE tokens to Silhouette, enabling users on the platform to benefit from lower transaction fees when trading on Hyperliquid.…

Updated figures released Tuesday by the U.S. Labor Department indicate that labor productivity grew more modestly than initially estimated in the fourth quarter of 2025. According to the revised data, productivity increased by 1.8% during the quarter, below the previously reported 2.8% gain. Economists had anticipated a smaller downward revision to around 2.4%. The revised…