Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Ernexa Therapeutics Soars 58% on Ovarian Cancer Therapy Hopes
Ernexa Therapeutics surged 58.5% on Tuesday after renewed investor interest in its preclinical ovarian-cancer cell therapy ERNA-101, though funding concerns persist.
Byron Allen's $120M Bet Revives BuzzFeed Stock, But Turnaround Uncertain
BuzzFeed shares nearly doubled after Byron Allen's family office agreed to buy a controlling stake, but the deal is mostly debt and the company still faces a going concern warning.
Dow Holds Steady at 49,700 as Inflation Data Rattles Tech and Rate Outlook
The Dow ended nearly unchanged at 49,700.29, but the S&P 500 dropped 0.54% and the Nasdaq fell 1.37% after April CPI surged 3.8%, driven by energy costs.
Merck Closes $53/Share Acquisition of Terns Pharmaceuticals, Stock Ceases Trading
Merck has finalized its $53-per-share cash acquisition of Terns Pharmaceuticals, causing Terns stock to stop trading on Nasdaq. The deal values Terns at $6.7 billion.
Archer Aviation Sinks on Cash Burn Concerns Despite FAA Progress
Archer Aviation shares dropped 6.6% despite an FAA milestone, as investors focused on the company's $217.7 million net loss and $188.8 million cash burn.
Rocket Lab Shares Dip After Record Rally; Neutron Demand Fuels Bullish Outlook
Rocket Lab shares slipped 2.4% on Tuesday following a record-breaking rally, as investors balanced profit-taking with robust demand for its Neutron rocket and defense contracts.
SoFi Shares Dip as Truist Flags Concerns Beyond Lending
SoFi shares slipped to $15.75 after Truist lowered its price target to $17, citing concerns about the sustainability of its loan-platform and tech revenue.
