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Sitryx Therapeutics to present at major healthcare investor conferences in June 2026
Sitryx Therapeutics, a clinical-stage biopharmaceutical company focused on autoimmune and inflammatory diseases, announced its management will participate in three key investor conferences in June 2026: Jefferies Global Healthcare Conference in New Y...
Regeneron shares drop 10% after Phase 3 melanoma trial misses primary endpoint.
Regeneron Pharmaceuticals' stock fell over 10% following the Phase 3 trial results for their melanoma treatment combining fianlimab and cemiplimab. The trial did not achieve statistical significance for the primary endpoint of progression-free surviv...
Auddia highlights $29B AI infrastructure potential via LT350's GPU-powered parking lot data centers.
Auddia Inc. spotlighted the AI infrastructure opportunity of its LT350 subsidiary, referencing a $1.25 billion GPU cloud contract by SharonAI as a market benchmark. LT350's patented design uses parking lot airspace to deploy up to 960,000 GPUs, poten...
China Automotive Systems ships first batch of EPS to European automaker, targeting 300,000 units annually.
China Automotive Systems has begun volume shipments of its electric power steering (EPS) systems to a global automaker's European division. This marks a significant milestone as the EPS models will be used in two new vehicle models in Europe, with an...
Single malt whiskey market to hit $3B by 2032, driven by premium demand and global expansion
The global single malt whiskey market, valued at $2.4 billion in 2025, is projected to grow to $3 billion by 2032 with a CAGR of 3.2%. Growth is fueled by rising consumer interest in premium artisanal spirits, expanding global distribution, and innov...
Pentagon suppliers urge delay on China rare earth magnet ban for US military contracts.
US defense contractors are requesting a postponement of the January 1, 2027 ban on sourcing rare earth magnets from China for military contracts. These magnets, crucial for advanced weapons and tech products, are currently dominated by Chinese produc...
Indian court orders Apple to fully cooperate in antitrust probe over App Store fees
The Delhi High Court has directed Apple to fully cooperate with India's Competition Commission in its ongoing antitrust investigation into Apple's App Store payment system, which charges developers up to 30%. Apple had resisted providing financial di...
PropTech market to grow to $165B by 2035, driven by AI, smart buildings, and cloud tech adoption.
The PropTech market, valued at $43 billion in 2025, is projected to reach $165 billion by 2035 with a CAGR of 13.9%. Growth is fueled by AI-powered property management, smart building technologies, cloud computing, and blockchain in real estate trans...
Big tech's heavy AI spending risks a bubble but could yield strong returns, especially for Microsoft and Meta.
Big tech companies, particularly Microsoft and Meta, are investing heavily in AI infrastructure with capital expenditures potentially reaching $1 trillion soon. While this raises concerns about a possible AI bubble, these firms have strong growth and...
Intel nears Oracle in market cap after 200% stock rally driven by AI and chip advances
Intel's market capitalization has nearly caught up to Oracle's, with a gap of just $8.26 billion as of May 15, 2026. Intel's stock surged nearly 200% year-to-date, fueled by a strong Q1 earnings report showing $13.6 billion revenue and significant gr...