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Z Squared Raises $15.3M For Acquisitions, Conversion Strategy — Company Talk

Z Squared wraps up its standby equity purchase agreement, raising approximately $15.3 million in all-equity capital. The financing arrangement predates the company's current AI infrastructure strategy, and its completion clears a legacy capital tool from the balance sheet. Z Squared now shifts focu…

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Gain Therapeutics Gets FDA Approval to Start Phase 2 Study of Parkinson's Drug

By Elias SchisgallThe Food and Drug Administration authorized Gain Therapeutics' investigational new drug application for a Parkinson's disease treatment, clearing the way for the biotechnology company to launch a phase 2 trial for the drug.The application for the drug, known as GT-02287, was appro…

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Google and Tesla Wrap Up a Magnificent Day — WSJ

By Heather GillersIt was a good day for the Magnificent Seven-at least some of them.Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas. At leas…

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U.S. Stocks Rise as Comcast Split, Deal Activity Lift Sentiment

By Anvee BhutaniWall Street bounced back Monday as investors hit pause on last week's tech selloff. A flurry of corporate deal activity lifted major indexes.The Dow Jones Industrial Average rose 306.63 points, or 0.59% to 52182.74 points, a fresh record high. The S&P 500 rose 86.41 points, or 1.18…

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Strategy's Turnaround Plan Includes Stock Buyback — WSJ

By Vicky Ge HuangMichael Saylor's Strategy plans to buy back stock and sell bitcoin among many moves aimed at stemming the loss of confidence in the crypto-hoarding company.Strategy said Monday it would repurchase as much as $1 billion of its preferred shares and up to $1 billion of its Class A co…

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Freedom Holding Names Valeriy Kim Chief Financial Officer

By Doc LouallenFreedom Holding appointed Valeriy Kim chief financial officer, succeeding Evgeny Ler.Kim was most recently vice president of finance at Freedom Holding and CEO of subsidiary Freedom Holding Operations LLP. He also served as CFO of Freedom Finance Global PLC from 2020 to 2024. Kim, 37…

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DBV Technologies to Incorporate FDA Feedback on Patch for Treat Peanut Allergies

By Kelly CloonanDBV Technologies is working to incorporate feedback from the Food and Drug Administration before seeking marketing approval for a patch to treat peanut allergies.The biopharmaceutical company said Monday it has had continuing discussions with the FDA in recent weeks to prepare to su…

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Satellite Pay-TV Provider Dish DBS Prepares for Bankruptcy Filing — WSJ

By Alexander Gladstone, Jodi Xu Klein and Alicia McElhaneyDish DBS, the satellite pay-TV provider under Charlie Ergen's EchoStar broadcast empire, is preparing to file for bankruptcy as soon as Tuesday, according to people familiar with the matter.EchoStar, which also owns Dish TV and Boost Mobile…

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Gain Therapeutics Gets FDA Approval to Start Phase 2 Study of Parkinson's Drug

By Elias SchisgallThe Food and Drug Administration authorized Gain Therapeutics' investigational new drug application for a Parkinson's disease treatment, clearing the way for the biotechnology company to launch a phase 2 trial for the drug.The application for the drug, known as GT-02287, was appro…

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