U.S. biotech firms now license nearly a third of their drug candidates from China, raising investor concerns over dependency and execution risks. U.S.-listed biotech companies allocated roughly a third of their 2025 licensing spending to drugs originating in China, accordi
Analysts lower forecasts for three software firms despite strong AI-driven bookings growth and customer adoption trends. Morgan Stanley reduced its price targets for Elastic (ESTC), UiPath (PATH), and PagerDuty (PD) following their earnings reports. The adjustments reflect
Analysts lower forecasts for three software firms despite strong AI-driven bookings growth and customer adoption trends. Morgan Stanley reduced its price targets for Elastic (ESTC), UiPath (PATH), and PagerDuty (PD) following their earnings reports. The adjustments reflect
The deal expands Nextpower’s platform into utility-scale battery storage and AI data center power supply markets. Nextpower (NASDAQ:NXT) agreed to acquire Prevalon Energy, a provider of utility-scale battery energy storage systems, for up to $365 million. The transaction i
The deal expands Nextpower’s platform into utility-scale battery storage and AI data center power supply markets. Nextpower (NASDAQ:NXT) agreed to acquire Prevalon Energy, a provider of utility-scale battery energy storage systems, for up to $365 million. The transaction i
U.S. IPO proceeds rose to $11 billion in 1Q26 despite a drop in deal count, with JPMorgan highlighting energy sector opportunities. U.S. initial public offerings raised $11 billion in the first quarter of 2026, up from $9 billion a year earlier, even as the number of deals
Three major companies report quarterly results this week, with Broadcom’s $22 billion revenue forecast driven by AI demand. Broadcom, CrowdStrike, and Five Below will release quarterly earnings this week, potentially influencing market sentiment. Broadcom, one of seven fir
GE Vernova CEO Scott Strazik highlights state-level pushback and tariff pressures slowing data center projects, spooking investors. GE Vernova’s stock fell nearly 3% after CEO Scott Strazik warned of growing resistance to data center projects at a Bernstein conference. Sha
GE Vernova CEO Scott Strazik highlights state-level pushback and tariff pressures slowing data center projects, spooking investors. GE Vernova’s stock fell nearly 3% after CEO Scott Strazik warned of growing resistance to data center projects at a Bernstein conference. Sha
Investors holding DELL shares grapple with whether to lock in gains or adjust stops as the stock extends its AI infrastructure-driven advance. DELL has emerged as a standout in technology and AI infrastructure, prompting traders to reassess profit-taking strategies. The st
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