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Pfizer’s Sigvotatug Vedotin Misses Survival Goal in NSCLC Trial
Pfizer’s Phase 3 trial for sigvotatug vedotin in previously treated metastatic non-small cell lung cancer failed to meet its overall survival endpoint compared to docetaxel, though the drug showed favorable safety and suggested stronger benefit in second-line patients.
SpaceX Stock Drops 10% in Largest Sell-Off Since Debut
SpaceX (SPCX) shares plunged 10% on Monday, marking the stock's third consecutive decline after three straight sessions of gains following its public listing.
Dow Jones Rises 0.3% in Misleading Rally
The Dow Jones Industrial Average gained 167 points on Monday, but the advance is considered deceptive as market conditions remain broadly bearish.
Chinese AI stocks surge as Zhipu, MiniMax gain hundreds of percent YTD
Zhipu shares have jumped over 2,000% year-to-date in Hong Kong, while rival MiniMax has gained 260%. The rally follows new Chinese government measures to boost AI adoption across multiple sectors.
Needham Raises Micron Price Target to $1,550 Ahead of Earnings
Needham & Company raised its price target on Micron (MU) to $1,550 from $500 ahead of Wednesday's earnings report.
Intel Stock Surges 494% Since US Government Took Stake in 2025
Intel shares have rallied 494% since the U.S. government acquired a stake in the company in 2025, driven by optimism over government-backed semiconductor manufacturing, AI infrastructure spending, and domestic chip production.
S&P 500 Relief Rally Limited After US-Iran Deal: Deutsche Bank
Deutsche Bank strategist Henry Allen says the S&P 500's bounce after the US-Iran interim deal is constrained, with the index still below its early-June record and credit spreads remaining elevated.
S&P 500 Rally Meets Growing Fear Despite Strong Fundamentals
The S&P 500 continues to climb on the back of rising corporate earnings, a solid economy, and sustained AI interest, yet investor fear is reportedly growing.
Dow Futures Flat on US-Iran Uncertainty, Fed Hawkishness
Dow Jones futures edged slightly lower by 0.05% near 51,980 during European hours Monday, while S&P 500 futures fell 0.09% and Nasdaq 100 futures rose 0.14% as markets weighed US-Iran tensions and the Fed's hawkish stance.
Equities Slip as Iran Concerns Resume - Danske Bank
European equities declined on Friday amid renewed concerns over Iran and stalled negotiations, according to Danske Bank Research.
Robinhood Supports Effort to Eliminate Little-Known Market Rule
Robinhood Markets is backing a push to remove an obscure market rule, arguing the change would modernize U.S. equity trading and improve efficiency.
Jensen Huang Says AI Shifts from Prompting to Autonomous Loops
Nvidia CEO Jensen Huang stated that the next phase of AI moves beyond simple prompts to managing autonomous loops that repeatedly plan, execute, evaluate, and refine tasks with minimal human intervention.
Retail Investors Pour Record $370M into SpaceX IPO in First Three Days
Retail investors bought a net $369.8 million of SpaceX (SPCX) stock in the first three trading sessions after its IPO, marking one of the largest retail buying surges for a newly listed stock.
OpenAI burns $3.7B in Q1 despite $5.7B revenue, raising IPO profitability concerns
OpenAI generated roughly $5.7 billion in Q1 revenue but spent $3.7 billion in cash, highlighting the high costs of AI model training and infrastructure. The cash burn pressures the company's path to profitability ahead of a potential IPO.
Dow Jones Recovers After Hawkish Fed Selloff
The Dow Jones Industrial Average rebounded on Thursday after a sharp decline Wednesday following the Federal Reserve's hawkish stance, though gains in the chip sector were insufficient to fully restore the index.
Spacex (SPCX) Holds Firm Amid $60B Forced Buying on Nasdaq
SpaceX (SPCX) shares trade steadily in early Nasdaq sessions as an engineered float restricts selling, with $60 billion in forced buying underpinning price stability.
US Semiconductor ETFs See Record $4.7B Weekly Inflows
Semiconductor ETFs SMH and SOXX attracted $4.7 billion in inflows last week, the largest combined weekly inflow on record, beating the prior record by ~62%. The SOX index is up 90% year-to-date.
Accenture Q3 revenue misses estimates, issues FY outlook
Accenture reported Q3 revenue of $18.7 billion, slightly below the $18.745 billion estimate. The company issued FY EPS outlook of $13.38-13.50 and adjusted EPS $13.78-13.90, with FY revenue growth of 3-4%.
Fortinet Warns of Credential-Harvesting Campaign Targeting Firewalls, VPNs
Fortinet warned of a credential-harvesting campaign targeting its firewalls and VPN gateways, using stolen data and brute-force attacks. The company says the activity is unrelated to any recent incident or advisory.
Nvidia Bond Sale Noise Masks Chart Setup
Nvidia's $25 billion bond offering and renewed AI trade overheating debate dominate headlines, but the chart pattern offers a more measured signal.
Dow Jones Futures Flat Ahead of Fed Decision, S&P and Nasdaq Edge Higher
Dow Jones futures were little changed near 52,040 during European trading on Wednesday, while S&P 500 and Nasdaq 100 futures rose 0.26% and 0.8% respectively, as markets awaited the Federal Reserve's interest rate decision.
SpaceX Emerges as IPO Candidate to Watch This Year
SpaceX is gaining attention as a potential IPO this year, set against a backdrop of fluctuating post-pandemic IPO activity driven by economic uncertainty, rising interest rates, and inflation.
CSQUARE Inc. Files for IPO, Plans NYSE Listing Under Ticker CSQR
CSQUARE Inc. has filed for an initial public offering and applied to list its common stock on the New York Stock Exchange under the ticker CSQR. The IPO is backed by a broad underwriting syndicate including Morgan Stanley, J.P. Morgan, and others. Terms have not yet been disclosed.
Microsoft Held Talks to Lease Oracle Cloud Capacity in $3B+ Deal
Microsoft reportedly considered a deal worth over $3 billion to lease cloud computing capacity from Oracle, but negotiations fell through over security and compliance concerns.