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US Supreme Court rules unanimously in favor of Hikma, ending patent dispute with Amarin.
The US Supreme Court unanimously ruled in favor of Hikma Pharmaceuticals, ending a patent infringement lawsuit filed by Amarin. The dispute involved Hikma's generic icosapent ethyl, a fish oil-based medicine for severe hypertriglyceridemia, which Hik...
Anthropic urges a global pause on AI development to manage risks of self-improving AI systems.
Anthropic, a leading AI company recently valued at $965 billion, called for a global slowdown in AI development to address potential societal risks, especially from AI systems that could soon improve themselves without human input. The company highli...
Diana Shipping challenges Genco's shifting valuation to push $24.80/share takeover offer.
Diana Shipping Inc. has criticized Genco Shipping & Trading for changing its valuation methods to avoid engaging with Diana's $24.80 per share all-cash takeover offer. Diana argues it has consistently offered around 1.0x NAV based on broker valuation...
Dow Jones jumps 875 points but tech stocks face volatility from AI-driven swings
The Dow Jones Industrial Average surged 875 points, or 1.7%, closing strongly after a solid gain at the open. Despite this upbeat headline, the market shows underlying instability, particularly in tech stocks affected by artificial intelligence trend...
C3.ai's revenue plunges 53% in FQ4 2026 amid unclear AI strategy and ongoing losses.
C3.ai reported a sharp 53% drop in revenue for fiscal Q4 2026, falling to $51.6 million, with no clear AI product strategy to drive growth. Despite cost-cutting measures including mass layoffs and $135 million in annual savings, the company expects a...
GeneDx stockholders can seek lead plaintiff role in class action over alleged misleading acquisition disclosures.
GeneDx Holdings Corp. faces a class action lawsuit alleging it misled investors about the viability of Fabric Genomics, a company it acquired. The lawsuit claims GeneDx and executives made false statements and failed to disclose problems that hurt bu...
Pics N.V. faces investigation over credit loss disclosures causing stock drop
Pics N.V., a major Brazilian digital wallet company, is under investigation by Robbins LLP for possible securities law violations and breaches of fiduciary duty. The probe follows the company's March 2026 disclosure of a significant reclassification ...
Global shift sparks commodity bull market, boosting gold and copper demand amid rising inflation and resource race.
At the Sohn Montreal Conference, experts from Bridgewater Associates and Gavekal highlighted a global shift from globalization to geopolitical competition and resource hoarding, driving a sustained commodity bull market. This new era features structu...
US House limits Trump's war powers on Iran amid ongoing conflict and negotiations
The US House of Representatives voted to limit President Trump's war powers regarding Iran, a move Trump called unpatriotic and said he would veto if it reached the Senate. The vote comes amid ongoing negotiations and military actions against Iran's ...
SpaceX must wait one year before joining the S&P 500 index under current rules.
S&P Dow Jones Indices announced it will maintain its existing eligibility rules for the S&P 500 index, meaning newly public companies like SpaceX cannot be added immediately. SpaceX, despite its large market value, must wait at least one year after i...