Category: Top Story
-
CrowdStrike tops Q4 expectations, provides steady outlook for fiscal 2027
CrowdStrike (NASDAQ:CRWD) reported fourth-quarter results that exceeded Wall Street forecasts and issued guidance for fiscal 2027 that was broadly in line with market expectations, as investors continue to assess the impact of artificial intelligence on the software sector. Shares of the cybersecurity company rose 1.4% in U.S. premarket trading on Wednesday. The stock has declined…
-
Moderna agrees up to $2.25 billion settlement in COVID vaccine patent dispute
Moderna (NASDAQ:MRNA) has reached a settlement worth up to $2.25 billion with Genevant Sciences, a subsidiary of Roivant Sciences (NASDAQ:ROIV), and Arbutus Biopharma (NASDAQ:ABUS), resolving a patent dispute tied to its COVID-19 vaccine. The agreement brings to an end multiple legal cases in the United States and internationally that alleged Moderna used lipid nanoparticle (LNP)…
-
Novo Nordisk gains after FDA issues warnings to telehealth firms over compounded GLP-1 drugs
Shares of Novo Nordisk (NYSE:NVO) climbed more than 3% on Wednesday after the U.S. Food and Drug Administration sent warning letters to 30 telehealth companies over false or misleading marketing of compounded GLP-1 medications, including versions of the company’s semaglutide and Eli Lilly’s tirzepatide. According to the FDA, the companies breached regulations by promoting compounded…
-
U.S. Futures Slip While Oil Climbs as Iran Conflict Intensifies — Key Market Drivers: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to major U.S. stock indices moved slightly lower as clashes between Iranian forces and a joint U.S.–Israeli campaign continued to escalate across the Middle East. Oil prices pushed higher as shipping activity through the Strait of Hormuz — a critical route for global oil and gas transport — has nearly come to a…
-
Drones over Dubai! NEO Battery Materials is the hidden gem for the drone supercycle and more!
Current developments in the Middle East are showing the world, with depressing clarity, how much warfare has changed. Images over the weekend from Dubai, Qatar, and other major cities demonstrate the destructive potential of drones – precise, difficult to defend against, and often deployed with comparatively limited resources. It is evident that drones will not…
-
U.S. Stocks Climb Well Off Worst Levels But Still Close Notably Lower
After another sell-off at the start of trading on Tuesday, stocks once again staged a recovery attempt but did have as much success as Monday and still ended the day notably lower. While the major averages climbed well off their worst levels of the day, they remained firmly in negative territory. The Dow ended the…
-
Target Stock Climbs 4% After Stronger-Than-Expected Sales Outlook
Target Corp (NYSE:TGT) shares gained about 4% to $117.50 in premarket trading Tuesday after the retailer issued a full-year same-store sales forecast that topped Wall Street projections. The Minneapolis-based company said it expects net sales to grow 2% in 2026 compared with 2025, ahead of analyst estimates of 1.76%, according to LSEG data. Management pointed…
-
Palantir Stock Slips After Thiel Reveals $280M Share Sale Plan
Palantir Technologies (NYSE:PLTR) shares fell 3.6% to $140 in premarket trading Tuesday after co-founder Peter Thiel disclosed intentions to offload 2 million shares, valued at roughly $280 million, according to a regulatory filing released late Monday. Thiel remains one of the five largest shareholders of the defense-focused artificial intelligence software company, based on LSEG data.…
-
Escalating Middle East Tensions Point to Fresh Wall Street Sell-Off: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures signal a sharply lower start to Tuesday’s session, raising the prospect of another early wave of selling after markets rebounded from steep losses to finish Monday mixed. Investor anxiety over the deepening conflict in the Middle East is resurfacing, particularly as crude oil prices continue to surge. Brent futures have climbed above…
-
Peer-Reviewed Study Validates Cannabis Breath Testing Method Developed by Omega and Cannabix
Cannabix Technologies Inc. (USOTC:BLOZF) (CSE:BLO) (TG:8CT), together with Omega Laboratories Inc., announced that a peer-reviewed validation study confirming the accuracy of their marijuana breath testing method has been published by Oxford University Press in the Journal of Analytical Toxicology. The study, titled “Simultaneous Analysis of Δ9 THC, Δ8 THC, CBD, and CBN in Breath Aerosols…