Latest News
PACS Group Soars on Upgraded EBITDA Forecast Amid Legal Clouds
PACS Group shares jumped 23% on Q1 results that exceeded expectations, with revenue up 11.2% and net income surging, as the company boosted its 2026 adjusted EBITDA forecast.
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.
Energy Vault and Eskom Partner on Gravity Storage at South African Coal Plant
Energy Vault and Eskom have inked a deal to build a 25-MW gravity storage system at Hendrina Power Station, with potential expansion to 4 GW, targeting 4 GWh across Southern Africa by 2035.
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.
Circle Stock Retreats as Revenue Miss Offsets USDC Growth and Arc Hopes
Circle Internet Group (CRCL) shares dropped 5.1% Tuesday, erasing an early pop after Q1 revenue missed forecasts and net income fell, despite strong USDC growth.
