LOGO
LOGO

quick facts

  • Micron Technology Crosses $1 Tln Valuation Milestone May 26, 2026 12:35 ET

    Micron Technology (MU) shares jumped on Tuesday, and pushed the U.S. memory chipmaker past the $1 trillion market capitalization threshold. Today, the stock opened at $820.50 and climbed upto $891.27 and currently trading at $885.39, up 135.75 percent or 18.04 percent. The previous closing was at $751.00....

  • Spectral AI Stock Falls 12% Despite Winning FDA's De Novo Classification For Its DeepView System May 26, 2026 11:28 ET

    Shares of Spectral AI, Inc. (MDAI) are falling about 12 percent in Tuesday morning trading after the company announced that the U.S. Food and Drug Administration granted De Novo Classification for its DeepView System, which is used in burn care in various settings. The company's stock is currently...

  • Braiin Limited Stock Surges 106% Over Partnership With Switchcraft May 26, 2026 11:21 ET

    Stock of Braiin Limited (BRAI) is surging about 106 percent on Tuesday morning after it announced a strategic partnership with Switchcraft to integrate embedded utility and telecom switching capabilities across the company's expanding UK Living Infrastructure and PropTech ecosystem. The company's...

  • Vicor Stock Rises 13% After Raising Revenue Outlook For Q2 May 26, 2026 10:23 ET

    Stock of Vicor Corporation (VICR) is gaining about 13 percent in Tuesday morning trading after the company raised its revenue guidance for the second quarter in view of rising product revenues and royalties from an additional licensee to its patented power system technology. The company's shares are...

  • Outlook Therapeutics Stock Climbs 38% After Winning FDA Appeal For NAMD Therapy May 26, 2026 09:46 ET

    Shares of Outlook Therapeutics, Inc. (OTLK) are climbing about 38 percent in Tuesday morning trading after the company announced that the U.S. FDA has granted its appeal following completion of the Formal Dispute Resolution process for ONS-5010/LYTENAVA, its investigational therapy for neovascular age-related...

  • Sun Pharma To Present Long-Term Follow-up Data On UNLOXCYT May 26, 2026 09:44 ET

    Sun Pharmaceutical Industries Limited (SUNPHARMA) said it will share updated results from the locally advanced cutaneous squamous cell carcinoma expansion cohort from the CK-301-101 trial of UNLOXCYT At the ASCO 2026 Annual Meeting. In the investigator-reviewed data, 64 patients with laCSCC received...

  • Corbus Pharmaceuticals Announces Updated Data From CRB-701 Study, Stock Down In Pre-Market May 26, 2026 09:26 ET

    Tuesday, Corbus Pharmaceuticals Holdings, Inc. (CRBP) announced updated data from its Phase 1/2 clinical study of CRB-701 in patients with 2L oropharyngeal and cervical cancers. The data is derived from an April 1, 2026 data cut of the Phase 1/2 study with a total safety population of 317 patients...

  • Peloton Interactive Appoints Siddharth Thacker As CFO May 26, 2026 09:20 ET

    Peloton Interactive, Inc. (PTON), a provider of fitness and wellness products and services, announced Tuesday the appointment of Siddharth Thacker as Chief Financial Officer, effective June 22. Thacker will oversee the company's global finance organization and corporate strategy. Thacker joins...

  • Sunshine Silver Mining & Refining Launches IPO Of 20 Mln Shares At $13.50 - $16.50 Per Share Range May 26, 2026 09:04 ET

    Sunshine Silver Mining & Refining Co. (SSMR) announced Tuesday the launch of its initial public offering of 20 million common shares. The company said it expects to grant underwriters a 30-day option to purchase up to an additional 3 million shares. The initial public offering price is expected...

  • Cogent Subsidiary To Sell 10 US Data Centers For $225 Mln In Cash May 26, 2026 08:34 ET

    Cogent Communications Holdings, Inc. (CCOI), a facilities-based provider, announced on Tuesday that its subsidiary, Cogent Fiber, LLC, has agreed to sell 10 data center facilities in the United States to a newly formed entity sponsored by I Squared Capital for $225 million in cash. The deal covers...

  • BP Board Decides To Remove Albert Manifold As Chair And Director, Stock Down In Pre-Market May 26, 2026 08:18 ET

    Tuesday, BP p.l.c. (BP) announced that its Board has unanimously decided to remove Albert Manifold from the positions of Chair and Director with immediate effect. This comes as the Board is disappointed to learn of governance oversight and conduct issues it deems unacceptable, forcing it to take action...

  • RTX: Raytheon In Collaboration With Northrop Grumman Awarded Phase Two Contract From DARPA May 26, 2026 08:18 ET

    Raytheon, an RTX (RTX) business, in collaboration with Northrop Grumman, has been awarded a phase two contract from the Defense Advanced Research Projects Agency Burn n' Go program to continue the development of a new solid rocket motor design. Under the phase two contract, Raytheon's Advanced Technology...

  • Champion Homes To Buy 11 Retail Sites From Homes Direct To Expand US West Footprint May 26, 2026 07:51 ET

    Champion Homes, Inc. (SKY), a leading producer of factory-built housing in North America on Tuesday announced that it has agreed to acquire the assets of 11 retail locations from Homes Direct, a manufactured home and modular home dealer on the West Coast, strengthening its presence in key Western U.S....

  • Turbogen In Talks To Acquire 50% Stake In Elbatech; Tzachi Abu To Acquire Control Of Turbogen May 26, 2026 07:21 ET

    Turbogen Ltd. said it is currently conducting negotiations to acquire a 50% stake in Elbatech Ltd., currently held by Abu Yehiel - Construction Company, a company controlled by businessman Tzachi Abu. The proposed transaction reflects an implied company valuation for Elbatech of approximately ILS 1.2...

  • Univar Solutions, Dow Expand Partnership For Silicone Additives In EMEA May 26, 2026 07:02 ET

    Univar Solutions B.V., a unit of Univar Solutions LLC , a chemicals and ingredients distributor, on Tuesday said its Ingredients + Specialties segment expanded its partnership with Dow Inc. (DOW). Under the new agreement, the company will distribute Dow's silicone additives for plastics and composites...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19