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Definium Shares Surge on LSD-Based Depression Drug Trial Success
DFTX shares soared 64.2% premarket after Definium's Phase 3 Emerge trial showed DT120 achieved an 8.1-point placebo-adjusted benefit in major depressive disorder.
CRH to Acquire Arcosa in $8.5B Cash Deal, Boosting US Infrastructure and Energy Exposure
CRH will acquire Arcosa for $150 per share in cash, valuing the company at $8.5 billion and expanding its U.S. infrastructure and energy transmission footprint.
Yum Brands Sells Pizza Hut in $2.7B Deal to Streamline Portfolio
Yum Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China, as U.S. same-store sales decline for the tenth consecutive quarter.
Solana DEX Volumes Surpass Centralized Exchanges, Raising Sustainability Concerns
Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.
Creator Ad Spending to Hit $44 Billion in 2026 as Brands Seek Performance-Based Deals
U.S. creator ad spending is set to hit $44 billion in 2026 as brands shift to longer, performance-based partnerships. However, 79% of marketers struggle with ROI measurement.
Crypto App Fomo Secures $75M Series B as Retail Interest Rebounds
Fomo, a consumer crypto trading app, raised $75 million in Series B funding led by Index Ventures at a $550 million valuation, as Bitcoin trades above $64,000 and global crypto search volumes show signs of recovery.
Jersey Mike’s Topples Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike’s scored 84 in the 2026 American Customer Satisfaction Index, edging Chick-fil-A’s 83 to end its 11-year reign as top QSR, as value and digital pickup gain importance.
AbbVie to Buy Apogee in $10.9B Deal to Boost Immunology Pipeline
AbbVie acquires Apogee Therapeutics for $10.9 billion, paying a 49.49% premium for experimental eczema drug zumilokibart, as it seeks to bolster its immunology franchise.
Getty Images Surges on OpenAI Deal, Financial Details Remain Under Wraps
Getty Images (GETY) saw its stock jump 167% premarket after revealing a multi-year partnership with OpenAI to display licensed images in ChatGPT, but financial terms were not disclosed.
Russell Reconstitution Set to Drive SpaceX Stock More Than Geopolitical Tensions
SpaceX (SPCX) joins the Russell 1000 on Friday, with JPMorgan estimating $4 billion in passive demand, potentially overshadowing geopolitical news from Iran.
SMCI Surges Premarket After Upgrade, $7B Financing in Focus
Super Micro Computer (SMCI) jumped 2.94% premarket after a GF Securities upgrade, as focus returns to its $7 billion financing for $39 billion in AI server orders.
AT&T Stock Near 52-Week Low Amid California Copper Dispute and Earnings Loom
AT&T stock is near its 52-week low, pressured by a California copper dispute and with Q2 earnings due July 22. The company's free cash flow outlook is 2.1-2.3 times the quarterly dividend.