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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 ...
Regeneron's melanoma trial fails, stock drops over 10%, investors urged to explore legal options.
Regeneron Pharmaceuticals announced that its Phase 3 melanoma trial combining fianlimab and Libtayo did not meet the primary endpoint against Keytruda, causing the stock to fall more than 10%. Prior optimism from company executives about the trial's ...
Shake Shack faces shareholder lawsuit after Q1 loss and weak outlook cause 28% stock drop
Shake Shack reported a Q1 2026 operating loss and restaurant margins below expectations, leading to a 28.2% drop in its stock price. The company also issued cautious full-year guidance citing consumer spending pressures and inflation. Following these...
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 ...
Nvidia faces political backlash and shifting tech trends, risking GPU demand and a 36% stock drop.
Nvidia Corporation is encountering increasing political resistance in the U.S. against data centers, which threatens future demand for its GPUs and ongoing construction projects. Additionally, the data center industry is moving from GPU-heavy to more...
Investigation launched into York Space Systems over alleged false claims and Pentagon contract losses
The Schall Law Firm is investigating York Space Systems for potential securities law violations after a report revealed the Pentagon cut 96% of York's revenue by canceling a major contract due to alleged false advertising and incomplete satellite sof...
Pennant Group to present at 2026 RBC Global Healthcare Conference on May 20
Pennant Group, a holding company of home health, hospice, and senior living businesses, announced it will participate in the 2026 RBC Global Healthcare Conference on May 20, 2026. Key executives including the President, COO, CFO, and President of Sen...
Retail earnings and Nvidia results spotlight amid rising inflation and corporate uncertainty
This week, 611 global companies will report Q1 earnings, with major focus on retail giants like Walmart, Target, Home Depot, and off-price retailers TJX and Ross. Rising inflation, driven by energy prices, has squeezed consumer spending, raising conc...
Worker dies at SpaceX Starbase site; OSHA launches investigation ahead of Starship launch
A worker died at SpaceX's Starbase launch site in South Texas on May 15, prompting an OSHA investigation. The circumstances of the death remain unclear, and OSHA may take months to complete its inquiry. This incident occurs just days before the plann...