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Anthropic acquires Stainless to enhance developer tools and API connections for $300M.
Anthropic has acquired Stainless, a startup specializing in developer tools for APIs, for approximately $300 million. Stainless, founded in 2022, has worked with major clients including Google DeepMind, Meta, and OpenAI, and developed software linked...
Boston Scientific invests $1.5B for stake in MiRus, targeting advanced aortic stenosis treatment.
Boston Scientific has invested $1.5 billion to acquire about a 34% stake in MiRus, gaining exclusive rights to its investigational transcatheter aortic valve replacement (TAVR) system designed for severe aortic stenosis. The SIEGEL valve features a n...
Elliott sees hidden value in Bio-Rad via $5B Sartorius stake amid share price slump
Activist investor Elliott Investment Management has taken a significant stake in Bio-Rad Laboratories, which develops medical instruments and software. Bio-Rad's founding family retains majority voting control, complicating activist efforts. Elliott ...
Small-cap ETFs may rebound as investors overlook them amid mega-cap tech focus, creating potential buying opportunities.
Small-cap stocks are starting to outperform again, but ETF investors remain focused on mega-cap technology and AI stocks, leading to small-cap ETFs holding only about 4% of ETF assets down from 10%. Despite $25 billion outflows from small-cap mutual ...
Supreme Court rejects Eli Lilly's appeal, upholding $194M Medicaid fraud judgment.
The U.S. Supreme Court declined to hear Eli Lilly's appeal, leaving a $194 million whistleblower judgment intact. The case involved allegations that Eli Lilly underreported drug pricing to reduce Medicaid rebate payments by about $61 million. The rul...
AT&T CEO highlights fiber and 5G investments driving growth and confirms 2026 financial targets.
AT&T's CEO John Stankey will discuss the company's progress in fiber and 5G investments at a J.P. Morgan conference, emphasizing their role in accelerating growth. The company reported its best first quarter for advanced internet net adds and expects...
Lawsuit investigates ADMA Biologics over alleged misleading revenue claims after stock plunge.
Rosen Law Firm is investigating ADMA Biologics for allegedly issuing misleading business information that caused its stock to drop 16.6% after a short seller accused the company of inflating revenue through channel stuffing. Investors who bought ADMA...
Disc Medicine faces class action after FDA rejects drug application, stock drops 22%
Disc Medicine received a Complete Response Letter from the FDA on February 13, 2026, rejecting its new drug application for bitopertin due to uncertainties needing more evidence. Following this, the company's stock price fell 22%. The Rosen Law Firm ...
S&P 500 rises despite most stocks falling, driven by few Big Tech leaders in Q2 rally
In the second quarter of 2026, the S&P 500 index has been rising even though the majority of its constituent stocks are falling. This unusual trend is driven by a small number of Big Tech stocks powering the market's comeback rally. The divergence be...
A retiree lost $2,400 in tax savings due to an overlooked wash-sale rule triggered by automatic dividend reinvestment.
A 66-year-old retiree in Pennsylvania aimed to generate $55,000 annually from a $1.1 million portfolio but lost $2,400 in tax savings because her IRA automatically reinvested dividends shortly after she sold shares at a loss. This triggered the IRS w...