ADVFN US – Market Content Editor

Shares of Protagenic Therapeutics (NASDAQ:PTIX) skyrocketed nearly 190% following the announcement of a merger with Phytanix Bio Inc., a move set to create a new biopharmaceutical entity named Phytanix, Inc. The combined company will focus on advancing innovative therapies targeting central nervous system (CNS) disorders, metabolic diseases, and stress-related conditions. The deal brings together a…

According to Morgan Stanley’s latest review of institutional holdings, Apple (NASDAQ:AAPL) continues to be the most under-owned large-cap tech stock among major U.S. investors, while Meta Platforms (NASDAQ:META) remains significantly overrepresented in portfolios. The analysis, based on Q1 13-F filings, reveals that although the ownership gap across the sector has narrowed somewhat, Apple still trails…

Regeneron Pharmaceuticals (NASDAQ:REGN) saw its stock rise 2% after announcing it had secured a winning bid to acquire key assets of genetic testing company 23andMe through a bankruptcy auction. The $256 million deal is poised to significantly enhance Regeneron’s capabilities in genetics-driven research and drug development. The acquisition includes 23andMe’s core business lines—such as its…

Crypto exchange Bybit is set to bridge the gap between digital and traditional markets with a new feature allowing users to directly trade major global stocks using the Tether (USDT) stablecoin. The initiative, announced Monday, is part of Bybit’s Gold & Forex product suite and aims to offer a seamless experience for those operating within…

Evercore ISI has boosted its stance on Home Depot (NYSE:HD), adding the home improvement giant to its Tactical Outperform list just ahead of its upcoming Q1 earnings announcement scheduled for May 20. The firm anticipates Home Depot will maintain its full-year 2025 guidance, which includes a projected 2% drop in earnings per share to approximately…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Monday, with stocks likely to give back ground after moving sharply higher over the previous week. Traders may look to cash in on last week’s rally, which lifted the major averages to their best closing…

Here are the top five losers by percentage on the Nasdaq before the market opened. Zapp Electric Vehicles Group Ltd (NASDAQ:ZAPP)Zapp Electric Vehicles Group Limited is a United Kingdom-based electric motorcycle company. The Company designs, manufactures, and sells high performance electric vehicles. Its debut product, the i300, is an urban electric high-performance two-wheeler capable of…

Here are the top five gainers by percentage on the Nasdaq before the market opened. Protagenic Therapeutics Ltd (NASDAQ:PTIX)Protagenic Therapeutics Inc is a biopharmaceutical company focused on the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. It provides treatments for mood, anxiety, depression and neurodegenerative disorders by using peptide-based and brain…

U.S. stock futures declined modestly on Monday as investors digested Moody’s recent downgrade of the country’s credit rating. Moody’s highlighted concerns about America’s soaring multi-trillion dollar debt, which lawmakers in Washington are debating through a budget proposal that some experts fear could further increase the nation’s financial burdens. Meanwhile, market participants also tracked remarks made…

Nvidia (NASDAQ:NVDA) is set to begin delivering a new AI chip tailored to comply with U.S. export restrictions for China in the upcoming months, according to a report from Nikkei Asia over the weekend. Additionally, the company is preparing to release a modified version of its flagship Blackwell chip specifically for the Chinese market sometime…