Index Update:U.S. stocks advanced on Monday, with the S&P 500, Nasdaq, and Dow all posting gains, driven by strong performances in Big Tech and easing trade tensions after Canada withdrew its proposed digital services tax. Investor optimism was further boosted by hopes for new …
Mesoblast (Nasdaq: MESO; ASX: MSB)announced that it has reached alignment with the U.S. Food and Drug Administration (FDA) on key components required to file a Biologics License Application (BLA) for its cell therapy candidate Revascor® (rexlemestrocel-L) for the treatment of ischemic heart failure with …
SkyWater Technology (Nasdaq: SKYT)has completed the acquisition of Infineon Technologies AG’s 200 mm semiconductor fabrication facility in Austin, Texas, known as Fab 25, for a total upfront consideration of approximately USD 93 million. The transaction includes a USD 73 million closing payment and an …
Progress Software (Nasdaq: PRGS)has announced the acquisition of Nuclia, a company specializing in agentic Retrieval-Augmented Generation (RAG) AI technology. The transaction, signed and closed on June 30, 2025, brings Nuclia’s cloud-native RAG-as-a-service product under Progress’ expanding portfolio of AI-powered infrastructure and digital experience solutions. …
BofA Securities issued a notable downgrade forProKidney Corp. (NASDAQ: PROK)on Monday, shifting its rating fromNeutraltoUnderperformand sharply reducing its price target from USD3.00 to USD1.00 per share. The reassessment follows a combination of revised expectations for ProKidney’s lone therapeutic candidate, REACT, and growing caution regarding …
Market Movers:On Friday, the top gainers were Locafy Limited (+225.49%), followed by Blue Gold Limited (+210.79%). On the contrary CID HoldCo, Inc (-47.23%) Liminatus Pharma, Inc (- 42.89%) declined the most the same day.
Goldman Sachs on Thursday upgraded shares of Affiliated Managers Group, Inc. (NYSE: AMG) fromNeutraltoBuy, assigning a price target of USD218.00. The new target suggests an approximate 17% upside from AMG’s current trading levels near USD199.52, which sits close to the stock’s 52-week high.
Shares of British American Tobacco plc (NYSE:BTI)received an upgrade from Wall Street Zen over the weekend, with the firm lifting its rating from “Hold” to “Buy,” according to a research note issued on Saturday. This adjustment follows a series of recent analyst updates that …