Category: Latest News
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Arnold Magnetic Technologies signs rare earth magnet distribution deal with USA Rare Earth
Arnold Magnetic Technologies Corporation, a unit of Compass Diversified (NYSE:CODI), has entered into a mutual sales and distribution agreement with USA Rare Earth Inc. (NASDAQ:USAR) covering rare earth permanent magnets. Under the non-exclusive arrangement, both companies will be able to market and distribute each other’s products while continuing to operate as independent contractors. Arnold will…
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Tarsus to receive $15M milestone after China approves TP-03 eye therapy
Tarsus Pharmaceuticals Inc. (NASDAQ:TARS) said it will receive a $15 million milestone payment after China’s National Medical Products Administration approved TP-03 (lotilaner ophthalmic solution) 0.25%. The approval was secured by Grand Pharmaceutical Group Limited, Tarsus’ partner responsible for the development and commercialization of TP-03 for the treatment of Demodex blepharitis in the Greater China region,…
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Aterian reports progress in review of strategic alternatives
Aterian Inc. (NASDAQ:ATER) said it has made progress in its ongoing review of strategic alternatives, a process the company initiated in December 2025. The consumer products group said it remains in discussions regarding possible strategic options while continuing to assess potential opportunities. “We continue to engage in constructive discussions regarding potential strategic alternatives and are…
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DraftKings, Flutter jump 7% as lawmakers target prediction market sports betting
Shares of DraftKings (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) surged about 7% on Monday morning after a Wall Street Journal report said U.S. senators are preparing bipartisan legislation aimed at banning sports betting contracts on prediction market platforms. The proposed measure would prevent entities regulated by the Commodity Futures Trading Commission from offering contracts tied to…
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U.S. bank stocks rise after Trump pauses Iran strikes
Shares of major U.S. banks moved higher Thursday after President Donald Trump announced a five-day suspension of military strikes targeting Iranian power plants and energy infrastructure. Citigroup (NYSE:C) led the gains, rising 3%. Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) each added 1.5%, while Wells Fargo (NYSE:WFC) advanced 2% and Goldman Sachs (NYSE:GS) climbed…
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Airline stocks jump as oil falls after Trump delays Iran strikes
Shares of major U.S. airlines moved sharply higher on Monday as crude oil prices declined after President Donald Trump announced that planned strikes on Iranian energy facilities would be delayed by five days. In pre-market trading, American Airlines (NASDAQ:AAL) rose 4.3%, while United Airlines (NASDAQ:UAL) gained 3.9%. Delta Air Lines (NYSE:DAL) advanced 3.6%, JetBlue (NASDAQ:JBLU)…
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Tech shares rise after Trump pauses Iran strikes
Major technology stocks moved higher on Monday after President Donald Trump announced a five-day delay to further strikes targeting Iranian power plants and energy infrastructure, following what he described as “productive” discussions between Washington and Tehran. Shares of Nvidia (NASDAQ:NVDA) gained 2%, while Meta Platforms (NASDAQ:META) rose 1.8% and Amazon (NASDAQ:AMZN) advanced 1.5%. Microsoft (NASDAQ:MSFT)…
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U.S. mining stocks fluctuate after Trump postpones Iran strikes
Shares of U.S. mining companies showed mixed movements on Monday after President Donald Trump said the U.S. military would delay further attacks on Iranian power plants and energy infrastructure for five days following what he described as “productive” talks between Washington and Tehran. The announcement helped ease geopolitical tensions in the Middle East, offering some…
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Energy shares slide as oil prices drop following Iran strike delay
Energy stocks moved lower on Monday after crude oil prices plunged by as much as 13% following President Donald Trump’s decision to delay planned military strikes targeting Iranian power plants and energy infrastructure. Shares of Occidental Petroleum (NYSE:OXY) declined 4%, while Devon Energy (NYSE:DVN) lost 2%. Chevron (NYSE:CVX) slipped 1%, and Exxon Mobil (NYSE:XOM) dropped…
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Trump’s remarks on “productive” U.S.–Iran talks could trigger early market rebound: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures are signaling a sharply higher open on Monday, suggesting equities may rebound strongly after the recent sell-off that has weighed on markets in the past few sessions. Investors may be inclined to buy stocks at discounted levels following the downturn that pushed both the Nasdaq and the S&P 500 to their…