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Gloo Acquires EnterpriseMarketdesk to Boost Workday AI Services
Gloo closed its acquisition of EnterpriseMarketdesk, adding Workday consulting and support for nonprofits and mid-market clients. Shares fell 1.1% to $6.97.
Lunai Bioworks Patent Deal Boosts Nasdaq Compliance Bid
Lunai Bioworks completed a $20 million patent acquisition via preferred stock, bolstering its Nasdaq listing compliance. Shares remain under $1.
Duolingo Stock Tumbles Despite Q1 Beat as Wall Street Eyes 2026 Strategy
Duolingo stock dropped ~10% after hours Monday, even after Q1 revenue rose 27% to $292M. Wall Street is skeptical of the company's 2026 plan focusing on AI and user growth over near-term profits.
XCF Global Targets June Restart for SAF Plant, Sets $120M Revenue Goal
XCF Global aims to restart its New Rise Reno SAF plant in June, targeting $110-$120M net revenue by 2027, with a pending merger with DevvStream and Southern Energy Renewables.
Cabaletta Bio Surges 32% on Early Cell Therapy Data and $150M Financing
Cabaletta Bio shares surged 32% on early cell therapy data and a $150M stock offering. Two of four patients showed clinical activity with rese-cel.
Filtronic Faces Key Test as Space and Defence Orders Await Tuesday Trading
Filtronic shares are under scrutiny as London markets reopen Tuesday, with investors eyeing the potential for recent space and defence contract wins to translate into larger, recurring revenue streams.
Union Pacific Warns It May Walk Away From $85 Billion Norfolk Southern Deal Amid Regulatory Hurdles
Union Pacific may drop its $85 billion Norfolk Southern merger if regulators require major line sales or trackage rights. The STB is reviewing the revised application.
Mirum Surges on Volixibat Success in PSC Itch Trial, FDA Filing Targeted
Mirum Pharmaceuticals announced volixibat met its primary endpoint in a Phase 2b trial for PSC, reducing itch scores. Shares rose 9%. The company plans a pre-NDA FDA meeting this summer and a U.S. filing in H2 2026.
Ouster Shares Surge on Rev8 Lidar Launch Combining Color and Depth Sensing
Ouster stock jumped 7.9% to $28.55 after the launch of Rev8 lidar, which integrates color and depth sensing. Google and Volvo Autonomous Solutions plan to adopt the sensor. Q1 results are expected Tuesday.
Sangamo Surges Ahead of Nasdaq Exit; OTCQB Switch Set for May 5
Sangamo Therapeutics shares surged roughly 33% on Monday as the company prepares to move from Nasdaq to the OTCQB Venture Market on May 5 following a delisting notice.
Above Food Ingredients Shares Surge 22% Amid Delayed Filing
Above Food Ingredients shares soared 22% to $0.65 in heavy trading Monday, as the company's fiscal 2025 annual report remains delayed due to ongoing audit issues.
Cenovus Energy Gains Pre-Earnings as MEG Integration Takes Spotlight
Cenovus Energy shares rose 2.9% to C$40.96 ahead of Q1 results, as CIBC reaffirmed an outperform rating and a C$46 target, highlighting the first full quarter with MEG Energy assets.