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Morgan Stanley’s Wilson says stock market correction may be nearing its end
The recent pullback in equities could be approaching its final phase, according to Morgan Stanley strategist Michael Wilson, who said the threshold “remains high for the oil spike to threaten the business/earnings cycle.” In a note released Monday, Wilson said that while some additional short-term downside remains possible, “we maintain our view that this correction…
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Peloton unveils Commercial Series fitness equipment for gyms
Peloton Interactive Inc. (NASDAQ:PTON) announced the launch of its Peloton Commercial Series, a new range of connected fitness equipment designed for high-traffic gym environments. The lineup includes a connected stationary bike and treadmill built specifically for commercial fitness facilities. The launch marks Peloton’s first products developed by its Commercial Business Unit, which was created in…
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SailPoint shares rise after announcing strategic AWS partnership
Shares of SailPoint (NASDAQ:SAIL) climbed 4.7% on Monday after the company revealed a multi-year strategic collaboration agreement with Amazon Web Services. Through the partnership, SailPoint will serve as a preferred identity governance provider for agentic AI applications built on AWS. The companies plan to create a unified governance framework designed to manage both human and…
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3M boosts optical interconnect production to support AI data center demand
3M Company (NYSE:MMM) said it plans to expand U.S. manufacturing capacity for its Expanded Beam Optical (EBO) interconnect technology as demand rises from artificial intelligence data centers. The expansion is expected to more than double current production capacity and will involve installing additional manufacturing equipment and increasing available production space. The EBO technology is designed…
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Okta unveils AI agent security framework and new management platform
Okta Inc. (NASDAQ:OKTA) announced a new security framework designed to help enterprises manage risks associated with AI agents, alongside the launch of Okta for AI Agents, a platform expected to become generally available on April 30, 2026. The framework is built around three key questions organizations need to address: where AI agents operate, which systems…
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HCW Biologics highlights positive findings for CAR-T therapy manufacturing
HCW Biologics Inc. (NASDAQ:HCWB) announced new research published in Science Advances indicating that its compound HCW9206 may improve the production of CAR-T cell therapies. The study was carried out by scientists at the Albert Einstein College of Medicine under the direction of Harris Goldstein. According to the research, HCW9206—a multi-cytokine fusion protein—enabled the generation of…
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Halliburton completes fully automated well placement project offshore Guyana
Halliburton (NYSE:HAL) and ExxonMobil (NYSE:XOM) said they have successfully carried out what they describe as the industry’s first fully automated geological well placement using complete rig automation at an offshore site in Guyana. The operation integrated automated rig systems, real-time subsurface analysis and automated well placement technologies. The project utilized Halliburton’s LOGIX orchestration platform and…
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Dare Bioscience secures NIH funding extension for preterm birth therapy
Dare Bioscience Inc. (NASDAQ:DARE) said it has received an updated Notice of Award from the U.S. National Institutes of Health extending support for its DARE-PTB1 intravaginal ring program through November 2026. The extension keeps the total value of the NIH grant at roughly $2 million without adding new funding. The grant supports development of DARE-PTB1,…
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FDA accepts Cogent’s drug filing for treatment of rare blood disorder
Cogent Biosciences Inc. (NASDAQ:COGT) said the U.S. Food and Drug Administration has accepted its New Drug Application for bezuclastinib as a treatment for patients with non-advanced systemic mastocytosis. The FDA set a target decision date of December 30, 2026, under the Prescription Drug User Fee Act. The agency also indicated that it does not currently…
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Enphase Energy teams up with Ensol to launch home battery subscription in France
Enphase Energy Inc. (NASDAQ:ENPH) said it has partnered with French solar and storage provider Ensol to roll out a residential battery subscription program in France, with plans starting at €30 per month. The initiative will allow homeowners to access Enphase’s IQ Battery 5P system through a monthly subscription that includes installation, monitoring, maintenance and a…