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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 ...
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 ...
CrowdStrike stock rises on strong AI security demand and raised price targets by analysts.
CrowdStrike Holdings' stock climbed nearly 3% amid a broader market decline after Keybanc analyst Eric Heath raised the price target from $525 to $700, citing strong demand for AI-driven security services like Mythos and Frontier AI Readiness. The co...
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...
Myasthenia gravis market to exceed $16B by 2036 driven by rising diagnoses and new targeted biologics.
The myasthenia gravis market, valued at around $6 billion in 2025, is projected to grow at a 9.1% CAGR to surpass $16 billion by 2036. Growth is fueled by increasing diagnosed cases, especially among older populations, and a surge in innovative targe...
Consumer services lead undervalued consumer discretionary sector; FDIS ETF offers value over XLY with similar performance.
The consumer services subsector within consumer discretionary stocks is currently the most undervalued and of high quality compared to an 11-year historical baseline. The FDIS ETF provides broad exposure to this sector with 249 stocks and is cheaper ...
Amesite secures largest NurseMagic™ deployment with 2,700-patient home care enterprise customer
Amesite Inc. announced its largest deployment of the AI-native NurseMagic™ platform with a new enterprise customer covering approximately 2,700 patients. This deployment streamlines documentation and integrates EMR and electronic visit verification, ...
Lawsuit filed against Commvault over misleading ARR growth statements, stock dropped 31% in one day.
Levi & Korsinsky, LLP has filed a class action lawsuit against Commvault Systems, Inc. for allegedly making false and misleading statements about its Annual Recurring Revenue (ARR) growth. The lawsuit claims Commvault overstated its ARR growth projec...
Meta to cut 10% of workforce amid AI-driven restructuring, with layoffs in three waves.
Meta is laying off 10% of its global workforce, about 7,900 employees, as part of a major restructuring focused on integrating AI into its operations. The layoffs will occur in three waves on Wednesday, with affected employees notified by email early...