Palisade Bio, Inc. (NASDAQ:PALI), a clinical-stage biopharmaceutical company developing therapies for autoimmune, inflammatory, and fibrotic diseases, announced that it has received a No Objection Letter (NOL) from Health Canada for its Clinical Trial Application. The approval allows the company to advance PALI-2108, a first-in-class …
Semtech Corporation (NASDAQ:SMTC), a provider of high-performance semiconductors, Internet of Things (IoT) systems, and cloud connectivity services, announced the launch of two new FiberEdge® transimpedance amplifiers (TIAs) aimed at addressing power efficiency challenges in scaling AI infrastructure.
Index Update:U.S. stocks closed higher, with the S&P 500 hitting a new record, as weak private payrolls and rising jobless claims reinforced expectations of a Fed rate cut this month. Broadcom jumped after reporting strong earnings, issuing upbeat guidance, and announcing $10 billion in …
U.S. stocks were mixed as the S&P 500 and Nasdaq rose on strong tech gains, led by Alphabet and Apple, while the Dow edged lower. Despite the rally, worries over weakening labor demand persisted, keeping attention on upcoming payrolls and jobless claims data.
AC Immune SA (NASDAQ: ACIU) has announced a strategic restructuring aimed at streamlining operations and concentrating resources on its highest-value programs. The plan includes a 30% workforce reduction and a narrowed focus on three clinical-stage active immunotherapy programs, along with small molecule programs targeting …
Mobix Labs Inc. (NASDAQ: MOBX) has announced a major step in its diversification strategy, securing a contract via its Wireless division, RaGE Systems, to develop AI-powered drone technology for the U.S. rail industry. The project aims to improve the inspection of more than 100,000 …
Palantir Technologies Inc. (NASDAQ: PLTR) and Lumen Technologies Inc. (NYSE: LUMN) have entered a strategic partnership to accelerate Lumen’s transition from a traditional telecom operator to a technology-driven infrastructure provider. The announcement outlines plans to integrate Palantir’s Foundry and Artificial Intelligence Platform (AIP) across …
LendingTree, Inc. (NASDAQ:TREE) has been downgraded by research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note to investors issued Wednesday. Despite the downgrade, sentiment toward the online financial services marketplace remains positive, with the consensus rating …
LyondellBasell Industries N.V. (NYSE: LYB) has received an average recommendation of "Hold" from fourteen brokerages covering the stock, according to MarketBeat. Of these, two analysts have assigned a "sell" rating, nine have issued a "hold," two have rated the stock a "buy," and one …
Index Update:U.S. stocks opened September on a weak note, with the Dow down 0.6%, the S&P 500 off 0.7%, and the Nasdaq lower by 0.8%, while the Cboe Volatility Index edged higher. Alphabet shares surged over 5% premarket after a favorable antitrust ruling, boosting …