Shares of Sellas Life Sciences (SLS) hit their highest level in over five years on Monday as retail traders showed strong confidence in the stock’s 12-month upside ahead of the company’s closely watched acute myeloid leukemia (AML) trial readout.SLS stock jumped 25% on Monday to close at $15.45, ex…
NBCUniversal is exploring a strategic expansion into the digital video game market following its landmark decision to separate from parent company Comcast.The media and entertainment giant is actively reviewing opportunities within gaming and looking to establish new entertainment franchises. The p…
Abivax (ABVX) stock jumped 28% in after-hours trading on Monday after the company released encouraging late-stage results for its experimental drug, obefazimod, in patients with ulcerative colitis, and eased previous safety concerns about higher cancer incidence.Encouraging Results For Hard-To-Trea…
Shares of SharonAI Holdings (SHAZ) jumped over 14% in after-hours trading on Monday after a Schedule 13G filing showed that Leopold Aschenbrenner’s Situational Awareness LP has disclosed a significant stake in the company.Nearly 20% Passive Stake ReportedThe filing states that Situational Awareness…
AeroVironment Inc. (AVAV) share price soared 20% after-hours on Monday after the defense contractor reported a substantial increase in fiscal fourth-quarter profit as revenue more than doubled, driven by heightened global demand for defense technologies.The maker of unmanned aircraft and tactical m…
ViaSat (VSAT) stock surged 24% on Monday, closing sharply higher after Oppenheimer analyst Timothy Horan lauded the firm as “the last major global satellite spectrum play left.”Horan launched coverage with an ‘Outperform’ rating and a $140 price target, representing a potential upside of about 83…
U.S. stock indices ended higher on Monday with the S&P 500 and Nasdaq recording their best quarter since 2020 amid a rebound in tech stocks, while the Dow hit record highs after Alphabet made its debut in the index.The S&P 500 rose 1.2%, the Nasdaq 100 gained 2.3% and the Dow Jones rose 0.6%. The R…
Shares of Gain Therapeutics (GANX) jumped 21% after hours on Monday after the company announced that the U.S. Food and Drug Administration has cleared the company to begin a mid-stage clinical trial of its experimental drug GT-02287 in people with Parkinson’s disease.The decision allows the Bethesd…
Applied Aerospace & Defense (AADX) drew broad support from Wall Street on Monday as many brokerages initiated coverage with ‘Buy’ or ‘Outperform’ equivalent ratings. Analysts said the newly public defense supplier is well-positioned to benefit from rising defense spending and growing demand tied to…
Shares of Uber Technologies (UBER) fell 1 % on Monday following reports that the ride-hailing company has quietly ended its Waymo robotaxi integration in Phoenix, Arizona.The shares extended their losses in after-hours trading, slipping another 0.3% at the time of writing.Waymo’s autonomous vehicle…
Gov. Gavin Newsom announced a partnership Monday with San Francisco-based artificial intelligence developer Anthropic (ANTHZZX), making its Claude AI productivity assistant available to all California state and local government entities at a steep discount.Under the terms of the agreement, state ag…
Battalion Energy (BATL) share price gained 16% on Monday and was on track to record its best day in nearly three weeks after WTI and Brent prices gained following signs of easing hostilities in the Middle East, while an inclusion in Russell indices also pushed prices higher.Following an agreement b…
Shares of Super Micro Computer Inc. (SMCI) fell more than 7% on Monday afternoon after the company’s offices in Taiwan were reportedly raided by government authorities. The raids widened an ongoing investigation into the alleged smuggling of Nvidia (NVDA) chips into China through Super Micro Comput…
Shares of Unicyive Therapeutics (UNCY) gained 8% on Monday after a steep 13% fall on Friday as investors gear up for the Food and Drug Administration’s decision on its lead drug.Unicyive is awaiting word on whether its main drug, oxylanthanum carbonate, will be approved to treat hyperphosphatemia i…
Rocket Lab USA Inc (RKLB) shares jumped nearly 17% during Monday afternoon’s trading session after Craig-Hallum said the company’s planned $8 billion acquisition of Iridium Communications Inc (IRDM) is not a move to compete with SpaceX’s (SPCX) Starlink. The firm called that interpretation the “wro…
Shares of QuidelOrtho Corporation (QDEL) rocketed 35% on Monday after reports that the diagnostics company is exploring the sale of its point-of-care testing business at a valuation of around $1.5 billion.The stock is now on track for its best day since May 2025, if gains hold.QDEL Explores Sale Fo…
Shares of Palisade Bio (PALI) surged more than 17% on Monday, clocking their biggest single-day gains in seven months, following a key regulatory clearance of its ulcerative colitis drug.PALI shares jumped to their highest levels in nearly two months.FDA Approves IND ApplicationPalisade Bio receive…
Shares of Axon Enterprises (AXON) jumped 10% on Monday, after Federal disclosures revealed that President Donald Trump had acquired between $1 million and $5 million worth of shares in February, just weeks before U.S. Immigration and Customs Enforcement (ICE) reportedly issued a request related to…
Verizon (VZ), AT&T (T) and T-Mobile (TMUS) share prices came under pressure on Monday after a direct-to-consumer mobile expansion by Elon Musk’s SpaceX (SPCX), combined with intensifying pressure from cable competitors, triggered a massive Wall Street sell-off of traditional telecom giants.Verizon…
Shares of Quantum Cyber (QUCY) attracted significant investor attention on Monday after a report from White Diamond Research raised concerns about the company, which pivoted from pharmaceuticals to defense this year.At the time of writing, QUCY stock traded marginally in the green.White Diamond’s M…