Briefs

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) and Mereo BioPharma Group plc (NASDAQ:MREO) stocks are plunging on Thursday. What Happened? The companies on Wednesday announced that the randomized, placebo-controlled Phase 3 portion of the Orbit study evaluating UX143 (setrusumab) in pediatric and...

FuelCell Energy Inc. (NASDAQ:FCEL) on Thursday announced that it has joined forces with AI infrastructure developer Inuverse to explore the phased deployment of up to 100 megawatts of fuel cell power at South Korea's forthcoming AI Daegu Data Center (AI DDC). The companies signed a non-binding...

ConAgra Brands, Inc. (NYSE:CAG) shares slid Thursday after the company posted disappointing Q4 results and issued a cautious outlook for fiscal 2026. Conagra Brands has a diverse portfolio of popular food products, including frozen meals, snacks, and pantry staples. Some of their most recognized...

Amazon.com (NASDAQ:AMZN) and Amazon Web Services (AWS) announced on Wednesday that they have designed the P6e-GB200 UltraServers to meet the skyrocketing compute demands driven by the latest advancements in generative AI, including trillion-parameter foundation models, reasoning systems, and...

Ulta Beauty, Inc. (NASDAQ:ULTA) made a strategic move into the United Kingdom on Thursday by acquiring leading British beauty retailer Space NK Limited. The U.S.-based cosmetics giant announced that it purchased Space NK from investment firm Manzanita Capital, which specializes in backing beauty...

Delta Air Lines, Inc. (NYSE:DAL) shares rose in premarket trading Thursday after the Atlanta-based carrier posted stronger-than-expected second-quarter results and reinstated its full-year 2025 guidance. Operating revenue for the quarter was $16.65 billion, flat from a year ago but above the...

Pelthos Therapeutics Inc. (NYSE:PTHS) on Thursday announced the launch of Zelsuvmi (berdazimer) topical gel 10.3% for molluscum contagiosum (molluscum) in adults and pediatric patients one year of age and older. Zelsuvmi received a Novel Drug designation from the U.S. Food and Drug Administration...

As the U.S. faces a critical vulnerability in its supply chain concerning the rare earth supply, MP Materials Corp. (NYSE:MP) on Thursday entered into a public-private partnership with the United States Department of Defense (DoD) to accelerate the build-out of an end-to-end U.S. rare earth magnet...

Pony AI Inc. (NASDAQ:PONY) shares advanced in Thursday’s premarket session following a major product development in its autonomous vehicle efforts. The autonomous driving tech firm said its seventh-generation robotaxi platform has officially entered mass production and has started testing on...

ON Semiconductor Corp. (NASDAQ:ON) has experienced an 8% decline in market value year-to-date, contrasting sharply with the PHLX Semiconductor Index’s 14% gain during the same period. This underperformance for ON Semiconductor stems from a failure to achieve topline growth over the past two...

Ford Motor Company (NYSE:F) has announced a recall of more than 850,000 vehicles in the U.S. due to a faulty fuel system component that may cause engines to stall while driving. The recall affects 11 models, including the Lincoln Navigator, Ford F-150, Explorer, Mustang, and various Super Duty...

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) announced its net revenue for June 2025 on Thursday. The leading contract chipmaker reported consolidated revenue of approximately 263.71 billion New Taiwan dollars (approximately $8.3 billion) for the month. This represents a 17.7% decrease from May...

Kraft Heinz Co. (NASDAQ:KHC) announced Thursday that it has entered into a definitive agreement to divest its infant and specialty food portfolio in Italy to NewPrinces Group, one of the region’s top food and beverage producers. The financial terms of the deal were not disclosed. The sale...

Meta Platforms (NASDAQ:META) stock traded above its 50-day moving average and close to its 52-week high of $747.90 on Wednesday. The stock has surged 26% year-to-date, topping the Nasdaq 100 index’s ~9% and the S&P 500 index’s over 6%. The Facebook and Instagram parent gained over...

The ongoing transformation in the artificial intelligence landscape is creating new opportunities for investors, particularly in the small-cap sector. C3.ai‘s (NYSE:AI) recent recognition by WestPark Capital as a “Buy” signal a shift in market sentiment, highlighting the company...