Shares of Viridian Therapeutics Inc (VRDN) jumped 6% after-hours on Friday after the U.S. Food and Drug Administration approved its drug Lumvoa for the treatment of thyroid eye disease.The drug is now available by prescription and marks the company’s first approved medicine and first commercial pro…
Anthropic is reportedly nearing an agreement with the Trump administration that could lift U.S. restrictions on its two most advanced artificial intelligence models. The talks follow weeks of negotiations over the security of the systems.The company and the Trump administration are moving closer to…
U.S. stock indices fell on Friday with the S&P 500 and Nasdaq ending the week lower as investors sold off megacap tech stocks and turned towards defensive sectors.The S&P 500 fell 0.1%, the Nasdaq 100 lost 1.1% and the Dow Jones fell 0.1% on Friday. The Russell 2000, which tracks stocks with small…
Shares of Universe Pharmaceuticals Inc. (UPC) soared nearly 288% in after-hours trading on Friday after the company announced it had acquired a portfolio of pharmaceutical patents.Details Of The AcquisitionUniverse Pharmaceuticals agreed to buy 100% of Best Praise International Limited, a company t…
The US military said on Friday it struck Iran after what it described as an attack on a commercial cargo ship in the Strait of Hormuz. The action came hours after President Donald Trump condemned the drone attack as a “foolish violation” of the ceasefire agreement.At the time of writing, U.S. equit…
Elon Musk has secured regulatory clearance from the Federal Trade Commission to acquire Mesh Optical Technologies Corp., an AI-focused data center infrastructure startup founded by former SpaceX engineers.According to official early termination notices published by the FTC, the transaction—listed u…
Shares of Rocket Lab (RKLB) closed up about 5% on Friday after the company successfully launched its 10th satellite for Synspective, a Japan-based Earth observation company. The company said the mission marked its 12th launch of the year in a statement.At the time of writing, the RKLB stock was up…
OpenAI launched three new artificial intelligence models on Friday, while limiting early access to a small group of “trusted partners” in line with a request from the U.S. government. The company said the rollout restriction is temporary and that broader availability is expected in the coming weeks…
Shares of Unicyive Therapeutics (UNCY) fell more than 16% on Friday as investors sold ahead of a major decision from the Food and Drug Administration on its lead drug due on Monday.The stock is now on track for its worst day since late June 2025, if losses hold.Impending DecisionThe company is awai…
Nokia Oyj (NOK) share price dropped about 7% on Friday and was on track to reach its near two-month low, but retail investors see current levels as a good buying opportunity amid rising optimism around the company’s autonomous networks portfolio.Earlier this month, Nokia unveiled a major expansion…