Category: Top Story

Janus Henderson Group (NYSE:JHG) shares surged 13% on Monday after Bloomberg reported that activist investor Nelson Peltz’s Trian Fund Management is preparing a takeover offer for the asset manager. According to the report, Trian is working with General Catalyst on a proposal to purchase the remaining shares of Janus Henderson that it doesn’t already own.…

iRobot Corporation (NASDAQ:IRBT) shares tumbled 8% on Monday after the company disclosed in an SEC filing that its last remaining potential buyer had made a takeover offer “significantly lower” than its recent trading levels, casting serious doubt on the likelihood of a successful sale. The filing revealed that the company’s strategic review is still ongoing…

Lululemon Athletica Inc. (NASDAQ:LULU) shares climbed 2.5% on Monday after a Bloomberg report revealed that the athletic apparel brand has entered a partnership with the National Football League and Fanatics Inc. to launch NFL team-branded merchandise. The collaboration marks Lululemon’s first-ever venture with the NFL and will cover all 32 teams in the league. The…

Intellia Therapeutics (NASDAQ:NTLA) shares plummeted 50% on Monday after the company announced a temporary halt to patient dosing and screening in its Phase 3 trials of nex-z, citing a serious liver-related safety incident. Shares of CRISPR Therapeutics (NASDAQ:CRSP) also slid 10% following the news. The biotech company paused its MAGNITUDE and MAGNITUDE-2 studies, which target…

Zenas BioPharma (NASDAQ:ZBIO) shares surged 80% on Monday following the release of highly encouraging Phase 2 results from its MoonStone clinical trial evaluating obexelimab in patients with Relapsing Multiple Sclerosis (RMS). The company said the investigational therapy achieved its primary endpoint, delivering a 95% relative reduction in new gadolinium-enhancing T1 lesions compared to placebo. The…

Qualcomm (NASDAQ:QCOM) announced on Monday, October 27, 2025, the launch of its new artificial intelligence accelerator chips, the AI200 and AI250, marking its entry into the data center market and a direct challenge to Nvidia’s (NASDAQ:NVDA) leadership. The products will be commercially available in 2026 and 2027, respectively. Qualcomm, traditionally focused on mobile semiconductors, is…

U.S. stocks ended last week at record highs, setting the stage for a packed week of earnings and a key policy decision from the Federal Reserve. Cooler inflation figures boosted confidence that the central bank will stick to its rate-cutting path, providing a tailwind for equities and keeping valuations elevated. The Dow Jones Industrial Average…

Copper prices climbed on Monday, trading just shy of record highs as renewed optimism over U.S.-China trade relations lifted sentiment ahead of a scheduled meeting between Donald Trump and Xi Jinping later this week. On the London Metal Exchange, copper futures rose 1% to $10,962 per metric ton, closing in on the all-time high of…

Daqo New Energy Corp. (NYSE:DQ) shares surged 7.57% in pre-market trading on Monday after the solar materials producer reported third-quarter results that far exceeded analyst expectations, signaling signs of recovery in the polysilicon market. The company posted adjusted earnings of $0.05 per ADS, a sharp turnaround from the expected loss of $0.49 per share. Revenue…

Huntington Bancshares (NASDAQ:HBAN) has agreed to buy Cadence Bank (NYSE:CADE) in an all-stock transaction valued at approximately $7.4 billion, according to a report published Monday by The Wall Street Journal. The deal adds to a wave of merger activity in the U.S. banking sector throughout 2025, as financial institutions pursue greater scale, operational efficiencies, and…