Briefs

States are accusing the federal government of breaching long-standing laws protecting Medicaid recipients’ private health data by secretly sharing it with federal immigration authorities. California Attorney General Rob Bonta recently filed a lawsuit on the part of a multistate coalition...

China’s smartphone market is set for a significant rebound in the second quarter of 2025, with both Huawei Technologies and Apple Inc. (NASDAQ:AAPL) leading the charge in year-on-year growth, according to preliminary figures from Counterpoint Research. Huawei is expected to post the highest...

The U.S. Food and Drug Administration (FDA) granted accelerated approval to Regeneron Pharmaceuticals, Inc.’s (NASDAQ:REGN) Lynozyfic (linvoseltamab-gcpt) for adult patients with relapsed or refractory (R/R) multiple myeloma (MM) who have received at least four prior lines of therapy....

Novartis AG (NYSE:NVS) on Thursday released topline results from the Phase 3 GCAptAIN study evaluating Cosentyx (secukinumab) for newly diagnosed or relapsing giant cell arteritis (GCA). Giant cell arteritis is an inflammation of the lining of the arteries. It often affects the arteries in the head...

LiveOne Inc. (NASDAQ:LVO), a digital media company focused on music and entertainment, announced Thursday a partnership with voice tech firm Synervoz Communications Inc. The two companies plan to co-develop new voice-powered products and experiences that integrate directly into operating systems...

Qualcomm Inc. (NASDAQ:QCOM) has underperformed the PHLX Semiconductor Index year-to-date, with returns of approximately 6% for QCOM compared to the index’s roughly 13%. The divergence is starker over three months, where Qualcomm’s ~6% gains pale against the index’s 30% AI-driven...

La Rosa Holdings (NASDAQ: LRHC) announced on Thursday that it had surpassed 3,000 real estate agents across its network. The company also reported preliminary unaudited revenue of approximately $38.4 million for the first half of 2025, representing approximately 19.4% year-over-year growth....

General Dynamics Corporation (NYSE:GD) announced on Wednesday that its subsidiary General Dynamics Electric Boat has secured a $1.85 billion contract adjustment from the U.S. Department of Defense to bolster submarine production efforts. This contract modification, revealed in the Pentagon’s...

Chinese electric vehicle manufacturer NIO (NYSE:NIO) is shifting gears on its annual marquee showcase. The Tesla competitor has officially moved NIO Day 2025 from its traditional year-end schedule to the fall, aiming to align the celebration with a crucial product launch and peak sales momentum,...

OpenAI, the AI powerhouse backed by Microsoft Corp. (NASDAQ:MSFT), on Wednesday announced it has agreed to lease 4.5 gigawatts of computing power from Oracle Corp. (NYSE:ORCL) under its Stargate initiative, Bloomberg reported on Thursday, citing unnamed sources familiar with the matter. Oracle has...

On Wednesday, July 2, U.S. markets closed mixed. The S&P 500 and Nasdaq reached record highs, buoyed by tech sector gains and a trade agreement between the U.S. and Vietnam that eased tariff concerns. The Dow edged slightly lower. Nasdaq’s strength was led by Nvidia, Apple, and Tesla....

Zevra Therapeutics, Inc. (NASDAQ:ZVRA) is turning a quiet FDA approval into a broader comeback story. HC Wainwright initiated coverage on the rare disease drugmaker with a Buy rating and a $26 price target, pointing to strong early traction for its newly launched NPC treatment and a revamped...

Once dismissed as a moonshot, D-Wave Quantum (NYSE:QBTS) is now emerging as one of the most commercially grounded players in the quantum computing race—and Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald analyst Troy Jensen initiated coverage on the company with an “...

United Parcel Service (NYSE:UPS) is strategically navigating a challenging economic landscape, focusing intensely on internal efficiencies and cost reduction to bolster profitability and deliver higher returns for investors. Bank of America analyst Ken Hoexter reiterated the Buy rating on United...

Rigetti Computing (NASDAQ:RGTI) is back in the spotlight. After a punishing stretch in 2022 and 2023, the quantum computing firm has staged a remarkable turnaround—its stock soaring more than 1,000% over the past year. Now, Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald...