Agios Pharmaceuticals Inc. (AGIO) is all set to strengthen its cash reserves with over a billion dollars in milestone payments. The news was well received by investors, sending the stock up over 10% to $46 in after-hours trading.What triggered a billion-dollar windfall?The FDA, yesterday, approved Servier's Vorasidenib for adult and pediatric patients 12 years and older with Grade 2 astrocytoma or...
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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.