Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.
Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm. Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting...
It looks like Elon Musk might be set to become the first trillionaire if everything goes according to plan with SpaceX's upcoming IPO.
SpaceX is gearing up for what might be the biggest initial public offering ever, with investor interest far surpassing the $75 billion in shares the company plans to sell.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Paranovus Entertainment Technology Ltd. (PAVS) shares surged 90.87 percent, gaining $0.1891 to $0.3971 on Monday after the company announced it had signed a non-binding letter of intent to acquire equity interests in Jabanero Inc., a consumer brand focused on women's activewear and lifestyle products.
Monday, SThree plc (STEM.L) announced the decision to extend James Bilefield's tenure as Chair for seven months, until April 2027. The decision comes as the Nomination Committee recommended to the Board a short, time-bound extension for James to remain as Chair until the conclusion of the company's...
NASA's X-59 experimental supersonic plane has reached a major milestone, flying in Mach 1.4 speed and an altitude of 55,000 feet, the conditions required for the aircraft to make future flights critical to its mission. NASA said that the X-59 still has months of performance testing ahead, but after those are complete, its Quesst mission will fly the aircraft over several U.S. communities to c
Fiserv, Inc. (FISV) shares declined 7.14 percent, losing $3.84 to $49.94 on Monday after the payments and financial technology company announced a leadership change.
Castellum, Inc. (CTM) shares jumped 23.20 percent, gaining $0.1625 to $0.8639 on Monday after the cybersecurity, electronic warfare, and software services provider announced that its joint venture, CTM JV, LLC, was awarded a position on the U.S. Navy's Logistics IT Integration and Support (LIIS) Capability Modernization, Deployment, and Support Multiple Award Contract.
On Monday, Innovex International, Inc. (INVX), an oil and energy company, announced that it has signed an agreement to acquire TCO Group AS in a cash and stock transaction valued at $95 million. On the NYSE, the shares of Innovex were trading 3.87 percent lower at $28.31. The investment is expected...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Inhibrx Biosciences, Inc. (INBX) announced that the U.S. FDA has accepted its BLA for Ozekibart for the treatment of unresectable or metastatic conventional chondrosarcoma, a rare and aggressive bone cancer with no approved systemic therapies. The agency reported no filing review issues and assigned a PDUFA action date of April 14, 2027.
Celldex (CLDX), a biopharmaceutical company, on Sunday reported positive data from the Phase 1 trial for CDX-622, a bispecific antibody developed to target chronic inflammation by neutralizing alarmin thymic stromal lymphopoietin (TSLP) and depleting mast cells through stem cell factor (SCF) starvation....
Elicio Therapeutics, Inc. (ELTX) reported results from its Phase 2 AMPLIFY-7P study, noting that while the trial did not meet its primary endpoint in the overall population, post-hoc analyses showed encouraging signs of benefit for certain patients with resected mKRAS-driven pancreatic cancer.
Johnson & Johnson (JNJ) is making a major push to strengthen its U.S. manufacturing footprint, announcing an investment of more than $1 billion to expand its Vision operations in Jacksonville, Florida. The move is part of the company's broader effort to scale production of its ACUVUE contact lenses and reinforce supply chain resilience across the United States.
On Monday, Powerfleet, Inc. (AIOT), a provider of artificial-intelligence-on-things, reported narrower loss in the fourth quarter, attributable to lower operating expenses and higher revenues. Further, the firm issued fiscal 2027 outlook, expecting higher adjusted EBITDA and revenues. In the pre-market...
Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.
Bulgaria's consumer price inflation accelerated slightly less than estimated in May to the highest level in more than two-and-a-half years. The consumer price index, or CPI, climbed 6.9 percent year-over-year in May, faster than the 6.8 percent rise in April. The rise in inflation was largely driven by a 21.6 percent jump in transportation costs.
A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
Slovakia's consumer price inflation softened slightly in May. Consumer prices rose 3.8 percent annually in May, following a 3.9 percent increase in April. Inflation based on food and non-alcoholic beverages eased to 0.3 percent from 1.0 percent. On the other hand, transport inflation was 9.4 percent, which was the highest growth in three-and-a-half years.
ODNB Financial Corp., the parent of Old Dominion National Bank, and National Capital Bancorp, Inc. (NACB), the parent of The National Capital Bank of Washington, on Monday announced a merger agreement under which NACB will merge into ODNB, with ODNB as the surviving bank holding company. ODNB said...