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Mobia Medical shares fall 20% on IPO debut amid rising losses despite strong sales growth.
Mobia Medical went public but saw its shares drop over 20% on the first day, reflecting investor caution. The company’s Vivistim Paired VNS system targets the stroke recovery market, with revenues expected to double to $32 million by 2025. However, o...
S&P 500 hits record high near 7,400, extending six-week winning streak.
The S&P 500 reached a new record high, approaching the 7,400 level, marking its sixth consecutive week of gains. This streak matches the longest winning run since October, with the index rising 2.3% in the past week and 8.08% year-to-date. The consis...
Travelzoo launches exclusive Canadian travel deals with up to 67% off and added gas card perks
Travelzoo has announced four new exclusive travel offers for its Canadian Club Members, featuring significant discounts and added perks like $40 Esso gas cards. Deals include a $99 per night oceanview room in Alert Bay with orca spotting, a $199 Queb...
Tenaz Energy offers a way to benefit from high European natural gas prices amid tight supplies.
Tenaz Energy is positioned to profit from continued high natural gas prices in Europe due to tight supply conditions, even if the Strait of Hormuz reopens. The company is expanding its operations in the North Sea off the coast of the Netherlands. How...
Rio Tinto holds 2026 AGMs simultaneously in London and Australia to enhance shareholder engagement.
Rio Tinto conducted its 2026 Annual General Meetings (AGMs) for both its plc and Limited entities simultaneously, linking the meetings audiovisually to allow joint shareholder participation. This approach aims to simplify operations and improve commu...
PTC Therapeutics shifts to growth with strong Sephience launch and $1.9B cash cushion
PTC Therapeutics is evolving from a legacy rare disease company to a growth-focused business, driven by the successful launch of Sephience. The new product's rapid uptake is compensating for declines in its Duchenne muscular dystrophy (DMD) franchise...
Ring Energy ramps up spending to cut future costs amid rising oil prices
Ring Energy is accelerating its capital expenditures now to secure lower costs for wells and infrastructure before service prices rise. This strategy reduces free cash flow in the short term but aims to boost future production and profitability by lo...
Equity markets rally 6 weeks straight, led by tech and semiconductors amid optimism despite risks.
The equity market has gained for six consecutive weeks, driven primarily by technology stocks, especially the Mag 7 and semiconductor sectors. Momentum, high beta, and growth stocks lead the rally, while value and defensive sectors along with commodi...
State Street SPDR ETF gains from asset managers; bulge bracket banks poised for AI, IPO deal growth
The State Street SPDR S&P Capital Markets ETF benefits from rising assets under management in strong markets, offering exposure to asset managers and custody banks. However, some asset managers face limited upside and pricing pressures, with many tra...
Travelzoo launches new discounted travel deals in Germany with €40 gas card included
Travelzoo has introduced four new travel offers for its club members in Germany, featuring significant discounts and a €40 Aral gas card with each booking. Deals include stays at luxury hotels on the Baltic Sea, a retreat in the Taunus hills, a 4-day...