State Street SPDR S&P Biotech ETF (XBI) Stock Price Today
Moderna shares surge 93% after positive Phase 3 melanoma trial with Merck's Keytruda.
Moderna's stock jumped 93% following the announcement that its Phase 3 melanoma trial, conducted with Merck, met its primary endpoint by significantly improving recurrence-free survival when combined with Merck's Keytruda. This marks the first positi...

Volatility drop pressures option-income ETFs SPYI, JEPQ, and GPIQ, impacting monthly payouts differently.
The CBOE Volatility Index (VIX) has fallen to the 12th percentile of its 12-month range, reducing option premiums that income ETFs SPYI, JEPQ, and GPIQ rely on for monthly cash distributions. Each fund manages this premium decline differently: SPYI m...

Target raises 2026 outlook after Q2 sales and earnings beat estimates
Target reported stronger-than-expected Q2 results with sales up 5.3% to $26.54 billion and adjusted EPS rising 20% excluding tariff refunds. Digital sales grew 8.7%, driven by same-day delivery, and all core merchandise categories saw sales increases...

ReElement secures air permit for Indiana rare earths plant, advancing toward production start.
ReElement Technologies, partly owned by American Resources Corp, has obtained a Minor Source air permit for its Marion, Indiana Supersite, allowing all planned production lines to operate. This permit is a key step before the facility can begin equip...

Stocks fall for third day amid rising Treasury yields and inflation worries
Stocks declined for a third consecutive session on August 18, driven mainly by weakness in semiconductor stocks, which have been key to the recent market rally. Despite the S&P 500 staying near record highs, concerns over rising Treasury yields, pers...

Proposed Medicare cuts could reduce seniors' access to ENT care, say 80% of specialists.
A survey of over 1,400 ear, nose, and throat (ENT) doctors reveals that 80% believe a proposed Medicare payment cut by CMS will limit seniors' access to care. The cut targets payments for same-day evaluations and procedures, potentially causing longe...

Opal Energy Group ranks No. 207 on 2026 Inc. 5000 list, sustaining rapid growth in US energy sector.
Opal Energy Group, a leading US alternative energy company, ranked No. 207 on the 2026 Inc. 5000 list, marking its second consecutive year in the top five percent. This ranking highlights Opal's ability to sustain rapid growth while scaling its opera...

Amazon plans to expand drone deliveries to 500 U.S. communities by end of 2026, a sixfold increase.
Amazon announced it will expand its Prime Air drone delivery service to nearly 500 U.S. cities and towns by the end of 2026, a sixfold increase from current coverage. The service delivers packages weighing up to 5 pounds in as fast as 30 minutes, tar...

Investigation launched into Hims & Hers for alleged data misuse and deceptive billing practices.
Berger Montague PC has initiated an investigation into Hims & Hers Health, Inc.'s Board of Directors over potential breaches of fiduciary duties. The probe focuses on allegations that the company improperly shared private user health data with advert...

Dirac partners with Microsoft to deploy AI-driven manufacturing platform BuildOS across aerospace and industrial sectors
Dirac, Inc. is expanding its collaboration with Microsoft to bring BuildOS, its AI-native process planning platform, to manufacturers in aerospace, defense, industrial equipment, agriculture, and construction machinery. BuildOS uses AI to streamline ...

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