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 …
Index Update
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 …