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IMUX Taps Genentech Executive Lundgren as New CEO Amid Phase 3 MS Trials

Immunic appoints Erik Lundgren as CEO to lead commercialization efforts for its late-stage multiple sclerosis therapy candidate. Immunic Inc (NASDAQ:IMUX, FRA:10VA) has appointed Erik Lundgren as chief executive officer, replacing Daniel Vitt, who will remain on the board

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

HICL Posts 13.1% Shareholder Return, Exceeds £500M Asset Sale Target

HICL Infrastructure reports 10.3% NAV return for the year, beating asset sale goals and raising dividend guidance to 8.65p for 2028. HICL Infrastructure delivered a 13.1% total shareholder return for the year, driven by a 10.3% net asset value (NAV) return and 7.1p per sha

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

PDD Q1 Revenue Climbs 11% to RMB 106.2 Billion as Net Income Drops

PDD reports RMB 106.2 billion in Q1 revenue but sees net income decline to RMB 12.5 billion amid heavy long-term investments. PDD Holdings posted a 11% year-over-year increase in first-quarter revenue, reaching RMB 106.2 billion. However, net income attributable to ordinar

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

AMZY ETF Cuts Weekly Payout to $0.0942 From $0.1009

YieldMax’s AMZN-linked ETF reduces its weekly distribution by 6.64% amid a 40.38% annualized yield. YieldMax’s AMZN Option Income Strategy ETF (AMZY) lowered its weekly distribution to $0.0942, a 6.64% decline from the prior week’s $0.1009 payout. The fund’s annual distrib

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

Regional Banks or Megabanks? These Etfs Make Very Different Bets on the Sector

Investors choosing between State Street SPDR S&P Bank ETF (NYSEMKT:KBE) and First Trust Nasdaq Bank ETF (NASDAQ:FTXO) could weigh the State Street fund's lower costs and broader diversification against the First Trust fund's recent momentum and concentrated focus on megacap...</p

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

IREN To Spend $1.6 Billion On Dell AI Servers For Texas Data Centers

The deal aims to boost IREN’s annual revenue to $4.4 billion by 2027 with new AI infrastructure deployments. IREN will invest $1.6 billion in Dell Technologies’ air-cooled Blackwell systems to expand its artificial intelligence data centers in Childress, Texas. The new inf

  • mohammad501ps@gmail.com
  • May 27, 2026
  • politics

Senator Warren Challenges Legality of Ripple’s US Bank Charter

Elizabeth Warren demands records from OCC by June 1, arguing crypto firms misused trust charters for broader banking activities. Senator Elizabeth Warren has questioned the legality of national trust charters granted to nine crypto firms, including Ripple, in a May 18 lett

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

DMK Group Allocates €55m to Expand German Dairy Plant Capacity

The investment targets whey protein production, packaging, and energy efficiency ahead of a planned merger with Arla. DMK Group will invest €55m to expand its dairy plant in Edewecht, Germany, including €26m for a new whey protein concentrate facility with 7,000-tonne capa

  • mohammad501ps@gmail.com
  • May 27, 2026
  • forex

Hungarian Forint: Rate-cut Path but FX View Constructive – ING

ING’s Frantisek Taborsky reports that the National Bank of Hungary held its base rate at 6.25% but signalled a dovish shift, with June cuts fully priced and markets now seeing a terminal rate near 5.25%. He expects a 25bp cut in June and possibly more, yet remains positive

  • mohammad501ps@gmail.com
  • May 27, 2026
  • stocks

IREN Shares Surge After $1.6 Billion Dell AI Hardware Deal

The partnership boosts IREN’s GPU deployment and lifts its annualized revenue forecast to $4.4 billion. IREN stock climbed Wednesday following a $1.6 billion hardware agreement with Dell Technologies to accelerate AI infrastructure deployment in its Texas data centers. The

  • mohammad501ps@gmail.com
  • May 27, 2026
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