Biogen Closes Apellis Takeover; Focus Shifts to Syfovre Milestones
Markets Daniel Marsh

Biogen Closes Apellis Takeover; Focus Shifts to Syfovre Milestones

Biogen has completed its $5.6 billion acquisition of Apellis Pharmaceuticals, delisting APLS from Nasdaq. Shareholders received $41 per share plus a contingent value right linked to Syfovre sales targets.

BIIB APLS
Vida CEO Buys $1.19M in Shares After AI IPO Stumbles
IPO Michael Okonkwo

Vida CEO Buys $1.19M in Shares After AI IPO Stumbles

Vida Global CEO Lyle Pratt bought $1.19M in shares after the AI firm's $15M IPO fell 42.8%. The stock closed at $2.29, well below the $4 offer price.

TJX Shares Jump After Parent Company Raises Annual Guidance
Earnings James Calloway

TJX Shares Jump After Parent Company Raises Annual Guidance

TJX Companies raised its fiscal 2027 sales, earnings, and buyback targets after a better-than-expected Q1, sending shares up 3.6% premarket.

TJX
ImmunityBio's Anktiva Expansion Faces FDA Scrutiny with 2027 Decision Date
Regulation James Calloway

ImmunityBio's Anktiva Expansion Faces FDA Scrutiny with 2027 Decision Date

ImmunityBio's supplemental BLA for Anktiva in papillary-only bladder cancer has been accepted by the FDA, with a decision expected by Jan. 6, 2027. The company's stock traded at $7.76, down 2.8%.

IBRX
AmpliTech Soars on 5G Hardware Certification for North America
Technology Sarah Chen

AmpliTech Soars on 5G Hardware Certification for North America

AmpliTech shares surged 14% premarket after U.S. and Canadian certification cleared its indoor 5G DAS for immediate sales. The company has orders from a North American mobile operator.

AMPG
Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%
Earnings James Calloway

Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%

Intuit reports fiscal Q3 results Wednesday, with shares down 39% over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue.

INTU
AWS AI Revenue Hits $15B Run Rate as Amazon Ramps Up $200B Infrastructure Spend
Technology Sarah Chen

AWS AI Revenue Hits $15B Run Rate as Amazon Ramps Up $200B Infrastructure Spend

Amazon Web Services AI services hit $15B annualized revenue, CEO Andy Jassy says. Amazon plans $200B in AI infrastructure capex for 2026, targeting $600B in AWS sales by 2036.

AMZN GOOGL MSFT
NextNRG Shares Retreat After Doubling on Record April Sales
Markets Daniel Marsh

NextNRG Shares Retreat After Doubling on Record April Sales

NextNRG Inc. shares retreated in premarket after doubling on record April revenue of $9.4 million, as cash concerns and Nasdaq listing pressure weighed on investor sentiment.

GCL Global Shares Surge on $10M ADATA Investment, Nasdaq Compliance Looms
Markets Daniel Marsh

GCL Global Shares Surge on $10M ADATA Investment, Nasdaq Compliance Looms

GCL Global Holdings shares surged after ADATA invested $10M in its 4Divinity unit, but the stock still trades below Nasdaq's $1 minimum bid price, facing a Sept. 14 deadline.

GCL
Analog Devices Reports Record Quarter, Acquires Empower for $1.5B
Earnings James Calloway

Analog Devices Reports Record Quarter, Acquires Empower for $1.5B

Analog Devices beat Q2 estimates with 37% revenue growth to $3.62B, forecast Q3 above expectations, and announced a $1.5B cash acquisition of Empower Semiconductor to boost AI power delivery capabilities.

ADI
Hasbro Beats Q1 Estimates on Magic: The Gathering Strength
Earnings James Calloway

Hasbro Beats Q1 Estimates on Magic: The Gathering Strength

Hasbro reported Q1 revenue of $1 billion and adjusted EPS of $1.47, both above forecasts. Magic: The Gathering fueled a 26% rise in Wizards and Digital Gaming revenue.

HAS MAT EA TTWO
VF Corp Shares Surge on First Revenue Growth in Three Years
Earnings James Calloway

VF Corp Shares Surge on First Revenue Growth in Three Years

VF Corp posted its first annual revenue increase in three years, with Q4 sales topping expectations. Shares jumped 8.2% premarket after the company issued fiscal 2027 guidance.

VFC