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Sagimet Biosciences joins Russell 2000 and 3000 indexes, boosting visibility ahead of Phase 3 acne trial.

Market News
29 Jun 2026
GlobeNewsWire
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Bullish
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Sagimet Biosciences, a clinical-stage biopharmaceutical company, has been added to the Russell 2000 and Russell 3000 indexes as of June 29, 2026. This inclusion reflects the company's growth and progress, particularly as it plans to start a Phase 3 clinical trial for its acne drug denifanstat later this year. If approved, denifanstat would be the first new oral acne treatment in over 40 years for patients aged 12 and older. The company has secured funding through 2028 to support its clinical programs and anticipates increased visibility from being part of these indexes.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...

Market News
Bullish
2 hours ago
ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...

Market News
Bearish
3 hours ago
Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...

Market News
Bearish
3 hours ago
Blackrock CEO bullish on markets, sees tech-driven growth and more stable bitcoin after leverage shakeout

Blackrock CEO bullish on markets, sees tech-driven growth and more stable bitcoin after leverage shakeout

Blackrock CEO Larry Fink expressed strong optimism about market prospects over the next year, citing technology-driven productivity and margin expansion as key growth drivers. He noted that overall financial leverage is much lower than during the 200...

Market News
Bullish
4 hours ago
Velvet token drops 18% in a day but leads top-100 gains with 571% rise in 90 days.

Velvet token drops 18% in a day but leads top-100 gains with 571% rise in 90 days.

Velvet token fell about 18% in one day amid heavy selling, yet it remains the top gainer among the top 100 tokens with a 571% increase over the past 90 days. Despite $24 million exiting its perpetual Futures market in two weeks, bullish sentiment per...

Market News
Neutral
4 hours ago
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