Briefs

CARGO Therapeutics Inc. (NASDAQ:CRGX) saw its stock climb on Tuesday after the biotech firm announced a merger agreement with Concentra Biosciences LLC. Under the terms of the agreement, Concentra will acquire CARGO for $4.379 in cash per share, along with a non-transferable contingent value right...

BofA Securities analyst Justin Post maintained a Buy rating on Uber Technologies (NYSE:UBER) and increased the price target from $97 to $115 on Tuesday. Uber remains a top pick for 2025 for Post. The price boost reflects Meta Platforms Inc (NASDAQ:META), Amazon.com Inc (NASDAQ:AMZN), Netflix Inc (...

On Monday, Cogent Biosciences, Inc. (NASDAQ:COGT) said bezuclastinib showed meaningful clinical benefit for patients with non-advanced systemic mastocytosis. The company said that its experimental drug reduced the symptoms of a chronic immune disorder called non-advanced systemic mastocytosis. The...

Mondelez International Inc.’s (NASDAQ:MDLZ) share price dipped Tuesday following a voluntary recall by its subsidiary, Mondelez Global LLC. The recall targets several sizes of RITZ Peanut Butter Cracker Sandwiches due to a potential allergen mislabeling issue involving peanut ingredients. The...

In a move underscoring persistent concerns about Allegiant Travel Company’s (NASDAQ:ALGT) financial health, Bank of America Securities analyst Andrew G. Didora reiterated the Underperform rating on the company, lowering the price forecast from $50 to $45. Didora notes that Blackstone Real...

ZyVersa Therapeutics, Inc. (NASDAQ:ZVSA) stock was trading higher on Tuesday, with a session volume of 160.9 million compared to the average volume of 4.03 million as per data from Benzinga Pro. What Happened ZyVersa Therapeutics provided regulatory and product support for FDA-authorized Emergency...

SoundHound AI (NASDAQ:SOUN) stock is soaring on Tuesday. However, the stock plunged over 35% year-to-date. What Contributed The Decline On February 14, the stock tumbled 27% after Nvidia Corp (NASDAQ:NVDA) disclosed that it had dissolved its stake in the company. Nvidia’s exit casts doubt on...

The Hershey Company (NYSE:HSY) announced on Tuesday that Kirk Tanner will take over as President and CEO, beginning August 18, marking a significant leadership transition for the company. Tanner, a seasoned executive in the food and beverage sector, succeeds Michele Buck, who is retiring after a...

In a significant legal challenge that could reshape the future of public health policy in the United States, a powerful alliance of leading medical and public health organizations, including the American Academy of Pediatrics (AAP), the American College of Physicians (ACP), and the American Public...

Novo Nordisk A/S (NYSE:NVO) on Tuesday announced that it has submitted an application to the European Medicines Agency (EMA) for approval of a new, higher dose of its obesity treatment, Wegovy (subcutaneous semaglutide 7.2 mg). The submission is based on clinical data from the STEP UP and STEP UP...

WW International, Inc. (WeightWatchers) (NASDAQ:WW) announced on Tuesday the successful completion of its strategic reorganization process. WeightWatchers implemented a financial reorganization transaction in May to strengthen its financial position and increase investment flexibility. The...

GE Aerospace Inc. (NYSE:GE) has maintained strong stock performance in recent months, driven by robust aerospace demand and operational efficiency gains. Expanding margins, solid order volumes, and tariff-driven pricing strategies have all contributed to investor optimism. The stock has climbed...

KULR Technology Group, Inc. (NYSE:KULR) saw its stock move higher on Tuesday after announcing a new $20 million credit agreement with Coinbase Credit, a lending subsidiary of Coinbase Global Inc. (NASDAQ:COIN). The facility, structured as a multi-draw loan, gives KULR Technology immediate access to...

Lucid Group Inc. (NASDAQ:LCID) shares traded slightly higher in the premarket session on Tuesday. The company etched its name on Tuesday’s record books by setting a new GUINNESS WORLD RECORDS title for the longest distance ever traveled by an electric vehicle on a single charge. The milestone...

Honeywell International Inc. (NASDAQ:HON) announced Monday that it is weighing strategic options for two of its logistics-focused business units, part of an ongoing restructuring designed to streamline operations ahead of a major corporate split slated for 2026. Honeywell is exploring potential...