Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.
Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...
OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
On Tuesday, restaurant chain Nathan's Famous, Inc. (NATH), which is in $450 million deal to be merged with Smithfield Foods inc., reported lower profit in the fourth quarter of 2026. Meanwhile, adjusted EBITDA reported a steady growth in the same quarter. Net income for the fourth quarter dropped...
KULR Technology Group, Inc. (KULR), an energy-systems platform, announced Tuesday the appointments of Michael Kimel as Chief Financial Officer and Steven Perez as a new independent Board member of the Company, each effective June 9, 2026. In connection with his appointment as Chief Financial Officer,...
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
Life sciences technology firm Quanterix Corp. (QTRX) on Tuesday announced that it has appointed Jason Faessler as chief financial officer, effective June 22. Faessler succeeds Vandana Sriram, who has been serving as CFO since August 2023 and is stepping down from the role. Jason Faessler joins...
The British pound strengthened against other major currencies in the European session on Tuesday, as investors expect the Bank of England to have a rate hike before the end of the year. Markets had anticipated—that the Bank of England (BoE) would decrease interest rates twice this year. According...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
Shares of Regentis Biomaterials Ltd. (RGNT) are surging over 200% to $4.11 after the company announced plans to begin its European surgeon training activities in the third quarter, as it advances preparations for the commercial rollout of GelrinC in Europe. Regentis is a regenerative medicine company...
Biotech companies are seeing significant pre-market activity this Tuesday, suggesting potential opportunities. Price swings ahead of the opening bell are being driven by plans to advance market launches alongside acquisitions, financing deals, AI training program launches, and offering closures. In...
Cullinan Therapeutics Inc. (CGEM), a clinical-stage biopharmaceutical company, is scheduled to host an Immunology Day tomorrow, i.e., June 10, 2026. When we alerted readers to CGEM on June 29, 2025, it was at $7.93. The stock, which touched a high of $16.74 on February 27, 2026, has given back some of its gains and currently trades around $13.
Eli Lilly and Company (LLY) announced detailed results from three Phase 3 trials, dubbed ACHIEVE-2, ACHIEVE-3, and ACHIEVE-5, evaluating Orforglipron, or Foundayo, in participants with type 2 diabetes. Orforglipron demonstrated strong reductions in HbA1C (A1C) and weight loss across studies, but...
While reporting financial results for the first quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) raised its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026, based on first-quarter performance. For fiscal 2026, the...
The foreign trade deficit of Cyprus increased in April from a year ago as imports grew faster than exports. The goods trade deficit rose to EUR 1.0 billion from EUR 797.1 million in the same month last year. In March, the shortfall was EUR 705 million. Total exports of goods rose 7.6 percent annually in April, while imports logged a double-digit growth of 15.1 percent.
Slovakia's foreign trade surplus increased in April from a year ago as exports grew faster than imports. The trade balance showed a surplus of EUR 76.0 million in April versus a deficit of EUR 90.1 million in the corresponding month last year. The favorable foreign trade balance in April was driven mainly by a higher surplus in machinery and transport equipment.
Portugal's foreign trade shortfall decreased in April from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 2.9 billion in April from EUR 3.0 billion in the same month last year. Exports climbed 15.5 percent year-over-year in April, and imports were 11.0 percent higher. During April, Portugal's main export partner country was Spain.
Latvia's consumer price inflation accelerated in May to the highest level in five months. The consumer price index rose 3.5 percent year-on-year in May, faster than the 2.9 percent increase in April. Moreover, a similar inflation rate was last seen in December 2025.
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada. Also, the company shared its decision to raise its full-year 2026 outlook, reflecting an expected contribution...