Category: Top Story
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Humacyte shares plunge after announcing $60 million registered direct offering
Humacyte Inc. (NASDAQ:HUMA) shares fell 17% on Tuesday after the biotechnology company revealed plans for a $60 million registered direct offering, sparking investor concerns over share dilution. The commercial-stage biotech firm, which develops universally implantable bioengineered human tissues, said it had entered into a securities purchase agreement with a group of institutional investors to sell…
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Kairos Pharma shares rise after selection for presentation at 2025 ESMO Congress
Kairos Pharma, Ltd. (AMEX:KAPA) stock climbed 4.1% in premarket trading on Tuesday after the clinical-stage biopharmaceutical company announced it has been selected to present at the upcoming European Society for Medical Oncology (ESMO) Congress in Berlin, Germany, scheduled for October 2025. At the conference, Kairos will present interim Phase 2 results from its ongoing trial…
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Soligenix shares surge after safety milestone in Phase 3 CTCL trial
Soligenix Inc. (NASDAQ:SNGX) jumped 16% in premarket trading on Tuesday after announcing that an independent Data Monitoring Committee (DMC) had found no safety concerns in the ongoing Phase 3 FLASH2 clinical trial evaluating HyBryte for cutaneous T-cell lymphoma (CTCL). The committee determined that HyBryte (synthetic hypericin) continues to demonstrate an acceptable safety profile, consistent with…
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Telomir shares surge after breakthrough tumor suppressor gene reactivation data
Telomir Pharmaceuticals Inc. (NASDAQ:TELO) shares surged 27.5% in premarket trading on Tuesday after the preclinical-stage biotechnology firm announced new data showing that its experimental therapy Telomir-1 successfully reactivated key tumor suppressor genes in prostate cancer models. According to the company, Telomir-1 reactivated two critical tumor suppressor genes — MASPIN (referred to as a “tumor suppressor…
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NUBURU shares jump after signing binding deal to acquire Italian resilience software firm Orbit S.r.l.
NUBURU Inc. (AMEX:BURU) surged 26.8% in premarket trading on Tuesday after the blue laser technology company announced a binding agreement to acquire Orbit S.r.l., an Italian software company that specializes in operational resilience and crisis management solutions. The deal, to be carried out through NUBURU’s subsidiary, Nuburu Defense LLC, will unfold in two phases and…
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Envoy Medical shares skyrocket after FDA clears final stage of pivotal Acclaim® cochlear implant trial
Envoy Medical Inc. (NASDAQ:COCH) saw its shares soar 150% in premarket trading on Tuesday after the company announced that the U.S. Food and Drug Administration (FDA) had granted approval to expand its pivotal clinical trial for the fully implanted Acclaim® cochlear implant, allowing the study to progress to its final stage. The regulatory approval eliminates…
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IREN shares climb after securing new multi-year AI cloud contracts
IREN Limited (NASDAQ:IREN) stock jumped 7.1% in premarket trading on Tuesday after the company announced a series of new multi-year cloud service agreements with major artificial intelligence (AI) clients for NVIDIA Blackwell GPU deployments. The AI infrastructure company said it has now signed customer contracts covering 11,000 of the 23,000 GPUs currently in operation or…
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AST SpaceMobile shares decline after announcing $800 million at-the-market offering
Shares of AST SpaceMobile Inc. (NASDAQ:ASTS) dropped 7% on Tuesday morning after the satellite communications company announced plans to raise up to $800 million through an at-the-market (ATM) stock offering. In a recent regulatory filing, AST SpaceMobile said it had entered into an equity distribution agreement with ten major investment banks that will act as…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Flat Open as Investors Monitor U.S. Budget Stalemate and Fed Comments
U.S. stock futures pointed to a steady start on Tuesday, with investors showing little conviction after Monday’s rally pushed major indexes to new highs. Caution prevailed as traders kept a close eye on Washington’s latest budget gridlock, where lawmakers once again failed to reach a deal on a short-term funding bill. The ongoing government shutdown,…
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Ford Shares Slip After Fire at Key Aluminum Supplier Threatens F-150 Production
Ford Motor (NYSE:F) shares fell 1.6% in early trading on Tuesday after a Wall Street Journal report revealed that a major fire at a key aluminum supplier’s facility could disrupt the automaker’s production for several months. The blaze destroyed a large portion of Novelis’s Oswego, New York plant, which supplies about 40% of the aluminum…