Category: Top Story

Red Cat Holdings Inc (NASDAQ:RCAT) shares jumped 8.3% in premarket trading on Monday after the company announced it had successfully completed flight tests of its Black Widow drone equipped with Palantir Technologies (NYSE:PLTR) Visual Navigation Software. The tests showed that the Black Widow drone—part of the U.S. Army’s Short Range Reconnaissance program—can operate effectively in…

Perpetua Resources Corp (NASDAQ:PPTA) shares climbed 4.3% in premarket trading Monday after the company announced it had secured $255 million in new equity investments from Agnico Eagle Mines Limited and JPMorgan Chase & Co. The investment comes shortly after Perpetua began construction on its Stibnite Gold Project in central Idaho. Under the agreement, Agnico Eagle—the…

Sotherly Hotels Inc (NASDAQ:SOHO) shares soared 133.4% in premarket trading on Monday after the company revealed it had entered into a definitive merger agreement to be acquired by a joint venture led by Kemmons Wilson Hospitality Partners. Under the agreement, the joint venture will purchase all outstanding shares of Sotherly’s common stock for $2.25 per…

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…